Arctic: ecology and economy
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Home Archive of journals Volume 12, No. 3, 2022 Geological and economic development factors of diamond placers in the Arctic zone of Russia


JOURNAL: Volume 12, No. 3, 2022, p. 334-348

HEADING: Study and development of nature resources of the Arctic

AUTHORS: Nogovitsyn, R.R., Grigoryeva, E.E.

ORGANIZATIONS: . . Ammosov North-Eastern Federal University

DOI: 10.25283/2223-4594-2022-3-334-348

UDC: 334.72

The article was received on: 27.02.2022

Keywords: Russian Arctic, small mining enterprises, geological and economic factors, potential, organization of production, incentive mechanisms

Bibliographic description: Nogovitsyn, R.R., Grigoryeva, E.E. Geological and economic development factors of diamond placers in the Arctic zone of Russia. Arktika: ekologiya i ekonomika. [Arctic: Ecology and Economy], 2022, vol. 12, no. 3, pp. 334-348. DOI: 10.25283/2223-4594-2022-3-334-348. (In Russian).


The article considers the key factors that determine the profitability of diamond placers, which include the average price on the market, the content of diamonds in the ore and the amount of ore mined. The authors identify the geological and economic factors of organizing the exploration process and industrial development of diamond placers in the Arctic zone of Russia. They believe that with the current trend of shortage of rough diamonds in the market and the growth of their prices, the implementation of the Khatystakh and Beenchime projects are of investment interest. Organization of activities in the format of a small and medium-sized enterprise will achieve flexible management and reduce production costs by optimizing business processes. The practical significance of the results lies in the proposed economic mechanisms that stimulate the development of hard-to-reach places.

Finance info: The work was carried out according to the state assignment on the theme Patterns of spatial organization and spatial development of socio-economic systems of the northern region of the resource type (No. AAAA-A20-120050990004-0) with the support of the Ministry of Science and Higher Education of the Russian Federation in the framework of project No. FSRG-2020-0010.

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DOI 10.25283/2223-4594