Mining business makes no sense without mineral assets comprising mineral rights, exploration and evaluation expenditures, development costs, ore reserves and resources. The paper is aimed at investigation of how mineral reserves and resources are evaluated and represented in financial statements of mining companies, and what kind of influence do…

The compact Kaliningrad region boasts relatively favourable environmental conditions and a remarkable diversity of natural resources. This article seeks to compare the natural resources of the exclave and other Russian regions. The authors examine recent statistical data to estimate the region's natural and resource potential, analyse its…