The Barringer Medal Address

— Terrestrial impact craters are important geological and geomorphological objects that are significant not only for scientific research but for industrial and commercial purposes. The structures may contain commercial minerals produced directly by thermodynamic transformation of target rocks (including primary forming ores) controlled by some morphological, structural or lithological factors and exposed in the crater. Iron and uranium ores, nonferrous metals, diamonds, coals, oil shales, hydrocarbons, mineral waters and other raw materials occur in impact craters. Impact morphostructures may be used for underground storage of gases or liquid waste material. Surface craters may serve as reservoirs for hydropower. These ring structures may be of value to society in other ways. Scientific investigation of them is especially important in comparative planetology, terrestrial geology and in other divisions of the natural sciences.