Russia revises laws with regard to national orefield rights

Putin, Russia president, revised Mineral Resource Law of Russian Federation on January 3rd, whereby the right to use national orefield can be only gained through auction.Asian Metal Copyright .Asian Metal Copyright Russian Federation Government will establish auction committee for the right to use national orefield and fix the procedures as well as standard for auction.Asian Metal CopyrightPutin, Russia president, revised Mineral Resource Law of Russian Federation on January 3rd, whereby the right to use national orefield can be only gained through auction.Asian Metal Copyright The new law invalidates the meaning to get the right to use national orefield listed in Russian Federation Minerals Law, Continental Shelf Law of the Russian Federation and Russian Federation Gas Supply Act.

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