Features of realization of innovative projects in the Russian mining industry

Abstract

This paper examines trends and actual problems of the Russian mining industry, suggests ways and methods to solve them by restoring the domestic machine-building industry, the development of research activities to improve the technology of extraction and concentration, suggests improvements of legislation in the field of mining and so on. The scope of the industry in need of innovation, ranging from exploration and finishing technologies ore mining and concentration is listed. The necessity of re-engineering and modernization of mining operations, which contributes to a significant increase in the efficiency of their operation is stressed. The peculiarities of mining industry, targets public and private investment in mining is determined. The current policy objectives of the mining industry in innovation in order to stabilize the enterprises and the subsequent strategic course to strengthen their position in the competitive environment of the market is considered. The volume of gold extraction in recent years is demostrated. The innovative technologies that improve the efficiency of production, new ways of enrichment used in the world, «dry» and «wet» methods, their advantages and risks are considered. The method of determining the economic efficiency of innovations in business practice to assess the effectiveness of investment and innovation projects is specified.