Humanities & Social Sciences 10 (2016 9) 2374-2382 ~ ~ ~ УДК 622.013.364 Possibilities and Specifics of Arctic Mineral Resources Development Viktor I. Bragina * and Margarita J. Kharitonovab a 79 Svobodny, Krasnoyarsk, 660041, Russia b Institute of Chemistry and Chemical Technology SB RASFRC “Krasnoyarsk Science Center SB RAS” 50/24 Akademgorodok, Krasnoyarsk, 660036, Russia Received 28.04.2016, received in revised form 31.05.2016, accepted 20.09.2016 The paper presents the approach to the evaluation of the possibilities for the mineral resources deposits development in the Arctic territories of Siberia and, in particular, in the Krasnoyarsk Territory. <...> It is shown that taking into account long-term tendencies of the economy development, the nearest 20 years of extensive development of mineral resources of the Arctic regions will not exert positive influence on the economy. <...> The importance of the effective use of mineral resources and creation of management mechanism promoting the system organisation of this process is specified. <...> This paper was prepared with the financial support from the Russian Humanitarian Science Foundation (RHSF) and the Krasnoyarsk Krai Science Foundation “Development of long-term scenarios and organizational-economic mechanisms of development of the Arctic zone of Krasnoyarsk Krai, and assessment of their influence on the socioeconomic state and dynamics of Krasnoyarsk Krai” (project no. 16-12-24007). <...> Introduction Economic development of the new territories in the provinces with predominantly resourcebased specialization is an important component of economic recovery and growth stimulation. <...> In Siberia, there are still large territories virtually undeveloped even by raw materials corporations. <...> In central Siberia, in the Krasnoyarsk Territory the mountainous areas of the south, but also and above all, the Arctic, belong to such Siberian Federal University Viktor I. Bragin, Margarita J. Kharitonova. <...> The question of how and in what way it is reasonable to adjust the approaches to the territory development under conditions of the today’s changed circumstances is of interest. <...> Below, the considerations on the issue relating to the technological, regulatory and organizational aspects of the deposits of solid minerals’ development in northern areas of the Krasnoyarsk Territory are given. <...> Approach statement Large mineral deposits development takes significant amount of time: the duration of the venue exploration, design and construction of an enterprise can take 10-15 years. <...> During this time, raw materials markets environment can change <...>