On 7 November 2018, the Cabinet of Ministers of Ukraine by its
Resolution No. 939 approved "Procedure of the Use of
Geological Information" (the
"Resolution").
The Resolution is designed to improve the procedure for the use
of geological information and enhance transparency in the data
management, which is hoped to facilitate investment in the
extractive industries of Ukraine.
Key changes relate to the following:
The scope and categories of geological information are
defined
The Resolution streamlines definition of geological information,
and divides it into two categories: initial and secondary
geological information. The initial information is obtained during
exploration of geological strata and examination of samples
collected; secondary information is obtained as a result of
analysis and interpretation of the initial geological information.
With the introduction of a broader definition of geological
information and its classification, there will be an
