The Arctic is one of Russia’s treasures. However, Arctic economic development means that business is invading lands that are sacred to indigenous peoples. As a rule, regional authorities are interested in tax revenues from subsoil users, prompting them to decide the culture-or-mining dilemma in favor of the latter. But this does not mean that the price of this encroachment on indigenous lands remains uncalculated. Since its establishment in 2010, Yakutia’s Ethnological Expertise Committee has developed a tool for assessing the damage caused to indigenous communities by subsoil users. The problem of getting businesses to compensate indigenous communities has yet to be solved. This article seeks answers to the problem of fair compensation methods and explores modes of partnership and cooperation on traditional lands.