Falkovich 0., Kurylo M.
Level of geological knowledge of Ukrainian ore deposits is conditioned by normative documents’ requirements of the former USSR for exploration works, because of most of ore objects were studied before the formation of independent Ukraine. In fact, about 95 percent of Ukraine’s ore deposits cannot rely on foreign investment without additional work due to a lack of geological, environmental, technological, mining and social issues that does not meet requirements of current international mining project standards. According to international standards, all mining projects are divided according to the stage of geological and feasibility study and readiness for development, namely scoping, prefeasibility and feasibility study. Each stage includes a specific list of required data, but first of all, it is reliability assessment of primary geological data QA-QC (electronic archive of primary geological documentation, presence of core material, residues and duplicates of samples, databases with samples coordinates in the international system). There are proposes to create conditions for companies development that could prepare ore deposits for obtaining international investment and credit resources, namely to provide for harmonization of the State Balance of Minerals Reserves with international standards, secondly, to develop methodological recommendations for reporting geological and economic exploration of subsoil, taking into account the international requirements for such reporting, and consider such reports as possibility of obtaining international loans.
