Paul Goble
Staunton, Dec. 29 – The Russian natural resources ministry says that Russian geologists have found 251 new deposits of minerals in 2025, seven times more than a year earlier. While exploiting many of these new sites will be difficult, this announcement is likely to boost optimism among Russian industrialists and interest in Russia among foreigners.
Indeed, those two goals may be why the ministry has headlined this development in its year ender reporting, a conclusion especially justified by the enormous coverage that Russian government media outlets have devoted to it (interfax.ru/interview/1065629 and regionvoice.ru/cifra-vzorvala-nedra-v-rf-vnezapno-nash/).
Russian businessmen have become increasingly pessimistic about the future, and the Kremlin has particular interest in underscoring Russia’s potential as a site for economic investment and profits in order to build support in other countries for improving ties with Russia even if that means selling out Ukraine.
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