Intierra’s Director of Mapping and Tenements, Peter Godwin, was as a key speaker at the recent Mining and Exploration Forum and Expo (MINEX) in Moscow. He revealed that Russian companies have reached $550 billion in foreign mining interests held. During a detailed presentation, he further stated that Intierra’s research showed Russian-held resources at operating mines were now in the vicinity of US$325 billion, whilst new deposits were worth US$225 billion. Godwin’s presentation, titled Russian Mining – Domestic and Foreign Activity/Global Funding, gave the audience a deep analysis of the key metrics and factors in play for the expanding Russian mining sector both globally and domestically.
MINEX Russia is a key mining sector and business event in Russia; bringing together more than 500 international resource sector professionals. This year the main theme of the forum was Russia – Open for business, highlighting key positive developments and emerging business opportunities for new ventures in the mineral exploration and mining sector in Russia.