THE STRATEGY OF MANAGEMENT AND UTILIZATION OF MINERAL RAW MATERIALS IN THE REPUBLIC OF SRPSKA THROUGH THE GLOBALIZATION ERA

Abstract

<p>The mineral resources of the Republic of Srpska enable the exploitation and processing of mineral raw materials in the metal, metal processing, construction, chemical industry, cement industry, ceramics and construction materials, etc. The largest part (over 90% in terms of value) are reproductive materials for processing in other industries and a smaller part are products that go directly to the market. In the conditions of increasing and faster technological development and with the tendency of increasing exploitation of natural resources in the world with changes of previous life conceptions, there was a need to analyze the sustainability of the mineral resources and natural resources use for further development of the Republic. The importance of a clearly defined Strategy for Management and Utilization of Mineral Resources and Raw Materials in the Globalization and Advanced Technologies Era is shown in the paper, which would enable planning and defining the goals of the use of mineral resources, clearer identification of the potential mineral resources, and basic starting data for creating the activities in order to more rational and economically efficient management of the natural resources in the Republic of Srpska. At the global level, it has become clear that geology is a very important geopolitical factor in the 21st century. Тhe importance of disposition аnd knowing where, how many and what types of mineral resources we have, can be achieved through to the several strategic activities. The development of the Strategy for the Management and Utilization of Mineral Resources of the Republic of Srpska, the “central interactive” database of mineral resources and the establishment of the Agency or the Directorate for Mineral Resources, are some of the proposals for these strategic activities.</p>