※ Date: Jul 26, 2010-Jul 29, 2010

※ Venue: Magadan City, Magadan Region, Russian Federation

※ Participated by: 4 member organizations from 2 countries ∙ Korea (2): Gyeongsangnam-do, Gyeongsangbuk-do ∙ Russia (2): Khabarovsk Territory, Magadan Region ※ Related organizations: Russian Geological Society, Russian Science Academy

※ Overview:
Participants discussed the possibility of potential mineral resource development in the territories.
Verified the feasibility of the roles and foundation of NEAR Sub-committee on Mineral Resources & Coordination.

- Discussions
∙ Information exchange on natural resources of each region.
∙Invitation to presidents of mining companies in NEAR member regions to participate in the Sub-committees.
∙ Considerations for 2nd Meeting
․ Solutions for general problems related to natural resources
․ NEAR members’ possibility of joint resource development
․ Presentation on specific investment projects related to mining mineral resources