KYIV. Aug 8 (Interfax-Ukraine) – International geological companies Gerald Metals from Switzerland and Commodity Minerals from Australia intend to open offices in Ukraine, Ukraine’s State Service for Geology and Deposits has reported.
“The top priority direction for the State Service for Geology and Deposits for 2016 is the creation of a common geological catalog. The service attracts international geological companies. Two foreign companies have given their consent to open offices in Ukraine,” the authority said in a press release.
Gerald Metals is a large global company producing non-ferrous and precious metals operating on five continents in 40 countries. The company has offices in 18 countries.
The authority added that negotiations with other geological companies are underway.
Head of the State Service for Geology and Deposits Mykola Boyarkin said at a meeting with representatives of the U.S. Embassy this week devoted to the problems of unlawful production of amber that there is a proposal to increase the issue of permits to use deposits by the State Service for Geology and Deposits. Geological information for the investor should be prepared.
“The service is working on the creation a common ‘geological library’ – digitizing the geological data catalog and involving large geological companies. These companies would prove that it is worth to invest in our country by their presence on the Ukrainian market,” he said.
