The forefront discussion on future of geological exploration will be participated by Alexei Chekunov, Minister of the Russian Federation for Development of the Far East and the Arctic, Ilya Torosov, Russian Deputy Minister for Economic Development, as well as Sergei Nosov, Governor of Magadan region.

The experience of Kazakh colleagues and the first practical steps in the development of junior business will be shared by Kairat Kelimbetov, Managing Director of International Financial Center "Astana".

The representatives of Russian mining companies: Pavel Grachev (PJSC Polyus), Sergey Ryzhov (PJSC Seligdar); foreign junior companies: Michael Damrin (Kopy Goldfields); as well as venture capital investors: Alexander Borodich (Universa) will tell of the business community position.

During the panel session, the participants will be discussing the ways for involvement of new funding sources into geological exploration, what is needed for business to successfully replace the state at the early stages of the exploration, how to remove the restrictions for inflow of private capital into the sector.

The participation in the panel session is available on both, the forum sidelines, and in the course of the on-line broadcasting in RosGeo social network.

RosGeo is a Russian multi-disciplinary geological holding that carries out a full range of services related to geological exploration: from regional surveys to parametric drilling and monitoring of subsoil conditions. The holding company boasts a unique expertise, particularly in marine geology and shelf operations. A total of more than 1,000 fields and deposits have been discovered by the holding’s companies, including major hydrocarbon and solid mineral deposits and fields. RosGeo is a fully state-owned company.