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Mining in Russia March 2007

Mining in Russia March 2007. Data provided by Ivan Zavedeev SNC-Lavalin Interantional, Moscow Office. Important highlights – Russia 2007. Increasing degree of State control over business environment

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Mining in Russia March 2007

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  1. Mining in RussiaMarch 2007 Data provided by Ivan Zavedeev SNC-Lavalin Interantional, Moscow Office

  2. Important highlights – Russia 2007 • Increasing degree of State control over business environment • New tax / legislative reform tends to increase transparency of local operations for investors • Economic boom due to increasing demand for the principal exported and locally used mineral resources (oil, gas, coal) and value added products (steel and steel made products, non-ferrous metals) – brought additional revenues to Russian business • Availability of investment resources and high degree of depreciation of the local plants assets (~70-80%) form steady grounds for development of the plants modernization and new construction

  3. Important highlights – Russia 2007 • Development of financial leasing of equipment • Partial tax exemptions for the new projects • Increasing activities of local and foreign financial institutions and State export promotion agencies

  4. Mining in RussiaReference information

  5. Mining in RussiaIron ores

  6. Mining in RussiaCopper

  7. Mining in RussiaNickel

  8. Mining in RussiaGold

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