This document introduces unified principles, approaches, and methodologies for the assessment of mineral, water, land, biological, and energy resources of the country, as well as subsoil areas.
The standard is mandatory for application in areas such as state, independent, judicial, and corporate assessment, as well as within the framework of environmental monitoring and auditing.
The document outlines three main approaches to assessing the value of natural resources and subsoil:
- cost-based — takes into account the total capital and operational costs for developing the deposit, analyzing infrastructure, accessibility, and environmental requirements;
- income-based — relies on forecasting future cash flows using discounting methods;
- comparative — uses market data on similar objects with adjustments for risks, infrastructure, and the stage of development.
The standard details the peculiarities of assessment considering geological, climatic, infrastructural, and socio-economic conditions of different regions. It also highlights the requirements for environmental expertise, compliance with environmental protection standards, the legal regime of subsoil use, and risk assessment — geological, technological, market, legal, and environmental.
The goal of the new order is to enhance the transparency and investment attractiveness of projects in the field of subsoil use, as well as to bring the national assessment system closer to international standards (IVS, UNFC, CRIRSCO).
Those interested can familiarize themselves with the standard.
