Mining Enterprises Development as a Financial Source of Environmental Activities in Mining Regions

The development of the Russian economy requires an increase in production factors, including energy, fuel and raw materials. Sustainable functioning of mining enterprises has an impact on the development of such industries as metallurgy, engineering, road construction and predetermines the development of the country’s economy as a whole. The article substantiates the need to form an investment risk management system in the mining industry to encourage expansion of environment-saving measures funding. The stages of investment risk management are proposed and their content is disclosed. The most significant types of investment risks and uncertainties in assessing geological exploration investment projects in the mining industry are considered. The recommendations for considering the factors of uncertainty and risk when evaluating the effectiveness of environmental and geological exploration investment projects to use maximum information about the conditions for the implementation of projects. For risk assessment, various qualitative and quantitative methods have been proposed, and the advantages of the Monte-Carlo simulation method are shown.

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Investment Risk Management at Mining Enterprises

Frolova

Dolina

Shpilkina

2019

E3S Web Conf.

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Zero Waste Technologies and Solution of Economic and Environmental Problems of Sustainable Development

Dotsenko¹,

Ezdina²,

Mudrova³

2019

E3S Web Conf.

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Economic and environmental problems are closely related, and solving some of them, the others cannot be solved. The state of the environment directly forms the potential of the economic sphere. For example, resources for industrial enterprises are formed in the natural environment, and the capacity of plants and factories depends on resources’ quantity. The amount of money to be spent on the purchase and installation of treatment plants, on the measures to eliminate water, air and soil pollution, depends upon the profit. Each country has its own list of environmental problems related to the economy. They are engaged in their elimination at the state level, but first of all the responsibility for the consequences is the burden of companies’ management. The active development of the economy should not adversely affect the state of the environment. Both individual enterprises and whole states should control the economic and environmental situation in order to achieve a balance and solve global problems. The most important form of interaction between the state and business in solving economic-and-environmental problems is the introduction of zero waste technologies in all their diversity and achieving their multiplicative effect. The paper shows the relationship between environmentally-oriented innovative development of the economy and the introduction of zero waste technologies.

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Assessment of the Regional Knowledge Index for Sustainable Development of Siberian Mining Regions

Kukushkin

Kalenov

2019

E3S Web Conf.

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At present time, the issue of defining indicators of sustainable development corresponds to the processes of modern economy development such as digitalization, technological convergence. They are going to replace mining from GDP of industrial countries and decease environmental pressure by expanding economy of knowledge. For the first time, the knowledge index was calculated by the World Bank. It should be noted that the World Bank calculated the indices for each individual country. This would allow developing the necessary decisions and government policies to build a knowledge economy. This goal is pursued by the authors of the article, but in relation to the sustainable development of the mining regions of Russia. The article discusses various approaches to assessing the regional knowledge index, and proposes a new methodology for its assessment based on the main determinant of the matrix and its logarithm. Based on the proposed methodology, the knowledge index was evaluated, which shows the conditions for the knowledge economy development in the mining regions of Russia. The rating of the mining regions of Siberian Federal District was built. The main conditions affecting the formation of the knowledge economy in the mining regions of Siberia in the context of their sustainable development are identified.

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Mining Enterprises Development as a Financial Source of Environmental Activities in Mining Regions

Cited by 9 publications

References 6 publications

Investment Risk Management at Mining Enterprises

Investment Risk Management at Mining Enterprises

Zero Waste Technologies and Solution of Economic and Environmental Problems of Sustainable Development

Assessment of the Regional Knowledge Index for Sustainable Development of Siberian Mining Regions

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