Social value of mineral resources of the Komi Republic and prospects of their exploration
The Komi Republic is characterized by the significant mineral potential. Currently oil, gas, coal, bauxite deposits as well as deposits of building materials are being developed there. However, there are issues related to the growth of reserves, the search for new deposits and involvement already proven mineral deposits in economic turnover. The social value of mineral resources in the region is under consideration. It is shown that the structure of the gross regional product of mining accounts for about 35 % of it. Tax deductions in the federal and republican budgets play a very important role. The results of the valuation of various minerals in the soil are presented. Oil and gas reserves have the greatest value, followed by coal, rock salt, titanium, and rare earth metals, bauxite and gold. The main mineral reserves, which are potential centers of economic growth, have been identified.