Yakutia will annually allocate 16-17 billion rubles to geological exploration in 2015-2019

Yakutia will annually allocate 16-17 billion rubles to geological exploration in 2015-2019. The federal budget will share 12-13% in the sum, the republic budget will share 1%, and the rest will be the funds of the subsoil users.

In particular, in 2015-2019, Yakutia will hold prospecting at the expense of the federal budget for Triassic diamonds non-traditional for Russia in the north of the Oleneksky elevation and at the Barylay site in Central Yakutia besides from the traditional exploration sites.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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