The efficiency of involving the northern territories’ mineral and raw-material resources in economic turnover depends on scientific and technical modernization of mining industry. Its main directions for Timan-Pechora oil and gas bearing province, Pechora coal basin and Timan-North-Ural mining region are reflected in the article. Resource-innovation strategy is closely linked to master-plans and programs of regional development.

The development of mineral-raw-material base on underdeveloped territories of the Urals North and Timan is determined by the capabilities of inter-regional cooperation on the basis of the new transport corridors creation. The failure of the «Industrial Ural — Polar Ural» project substantially defined the attitude to the mineral-raw material base of the Ural North; but the actual analysis of the project failure causes does not allow to blame the mineral-raw-material base in that fact. This paper considers the prospects of Timan — North Ural region mineral-raw-material base development and the existing problems of nowadays, The question of revaluation necessity as of the regions existing mineral resource base, as well as the possible variants of its transport development is raised.