Conceptual Approaches to forming Local Mining Industry Development Strategy
Abstract
Purpose: At the moment, local mining complexes lack regional programs of strategic development. This is especially true for the production of construction stones, sand, sand-gravel materials, peat, etc. They are extremely important for the regional economies, especially for construction, agriculture and small-scale power generation. Efficient government policy in the mining industry and its innovative development should provide steady factors of support and growth. The goal of this research is developing a conceptual strategic framework for the formation of a regional mining complex with allocated strategic programs for particular types of minerals. Results: The researches defined specific problems of the mining complex extracting common useful minerals, such as: focusing on the domestic markets and the almost complete absence of access to external markets, low investment attractiveness, low level of capacity utilization. There has been established that these problems have system character and demand improvement of the conceptual principles of strategy formation of regional mining complex. On the basis of problems in areas of reproduction of resources, innovation and investment policies, environment, the researchers revealed the priority strategic directions of development of the mining complex extracting local common useful minerals, such as: maximum use of existing natural resources potential; innovative technological development of extractive industries; seeking opportunities for the diversification of industries; intensive use of industrial wastes (Sands-screenings); development of integration mechanisms of the mining business and the state. Practical relevance: The results of this research can be helpful for industrial and mining departments when choosing the development priorities and building strategic programs for regional mining complex branches.Published
2015-06-01
How to Cite
Peshkova, G. (2015). Conceptual Approaches to forming Local Mining Industry Development Strategy. Information and Control Systems, (3), 112-116. https://doi.org/10.15217/issn 1684-8853.2015.3.112
Issue
Section
Control in social and economic systems