Mining Day 2024 (21 October 2024, Kyiv)

Mining Day is a special industry event of the European Business Association that for the second time unites key subsoil users, experts, representatives of state government and international partners of Ukraine.

The key topics for discussion included raising investments in the mining industry, implementing European Union standards, in particular ESG (Environmental, Social, and Governance) principles, interaction with local and central authorities, etc. The presentations were made within three panels:

Panel I. Presentation of the “Subsoil use in Wartime and Development Prospects” survey results.

Panel II. ESG in subsoil use.

Panel III. Financial incentives in Subsoil Use: Opportunities and Challenges.

Subsoil Use in the Context of War and Development Prospects

The European Business Association presented the results of the survey “Subsoil Use in Wartime and Development Prospects” survey conducted among its member companies operating in the subsoil use sector. According to the survey, among the main military challenges, mining companies name power outages, and 96% of companies feel the impact of staff shortages and the difficulty of reservation employees with military service. At the same time, 78% of the surveyed subsoil users consider the industry attractive for investment, and 71% continue to invest in Ukrainian subsoil sector during the war.

Tymofiy Mylovanov, President of the Kyiv School of Economics, presented a new programme “Project Management in Subsoil Use”, designed primarily for industry specialists who wish to improve management skills. The programme’s core courses on project management, finance, leadership, sustainable energy, and business analysis will cover important topics such as access to subsoil, investment attraction, environmental aspects of subsoil use, taxation, etc.