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Regulatory Framework for Gold Mining in Ukraine

January 2011 - Projects, Energy & Natural Resources. Legal Developments by Integrites Group.

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While Ukraine was part of the USSR, its gold mining potential was kept in reserve for two principal reasons: 1) environmental issues (the majority of known gold deposits are located in Carpathian Region, considered to be a natural reserve territory) and 2) military planning (in case of conflict with NATO, Ukraine, as a border republic, had higher chances of being occupied by the enemy).

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