The geological composition of Finland and the nearby regions in Russia is of the same nature and the bedrock provides excellent opportunities for mining activity and the building stone industry. Th e mining industries of Finland and Russia’s nearby areas have had only limited interaction with each other, though the interaction in geological basic research has been active already for quite some time. Th e open interaction between expertise, resources, and markets would provide a signifi cant benefi t to all parties in the mining and building stone industry. Th e natural stone industry is capital-intensive with long-term production operations, which necessitates ensuring the suffi ciency of raw materials and knowing the various characteristics of natural stones during various production processes. Th e goal of the project was to improve the operational capacity of the natural stone industry by assessing the scope of the building and soap stone deposits, researching production feasibility of interesting stone varieties, and developing mining technology. In addition, operational potential for companies was to be improved through networking, increasing cooperation, and by creating a cooperation network and business cooperation concept across the border.