A Pile of Money and a Deep Hole in the Ground

Regarding economic development in the Arctic there is the widely spread interpretation that some places may be able to benefit from extractive industries activities, while others may not. During the UArctic PhD- and Masters course “Resource governance between global theories and local approaches”, which was held from 16th to 22nd of February 2016, we visited Mirny in the Sakha Republic (Russian Federation), which many may perceive as one of such places where the benefits are preponderant.

Development of Mining in Mirny