The settlement, located on the right hand bank of the Emmynveyem River, was originally created like many throughout this part of Chukotka following the establishment of a mine nearby (Initially called Vstrechny itself) in 1961, to extract gold from the Emmynveyem to house the workers. Two years later however, the mine's name was changed to "45 Years of the Komsomol" (Russian: 45 лет ВЛКСМ). In 1965, the settlement received the status of urban-type settlement.
When the mines were deemed to be uneconomic, the settlement was abandoned and mostly depopulated by 1996.[8] In 2004, a road was completed linking the settlement with the regional centre, giving hope that the settlement can continue.[8] However, as of 2009, Vstrechny is included in the list of settlements currently in the process of being liquidated.[1]
The mines were declared unprofitable and that there was no possibility of developing any other form of economy in 1999 and the settlement was closed along with a number of others in Chukotka.[3] The Russian government guaranteed funds to transport non-working pensioners and the unemployed in liquidated settlements including Baranikha from Chukotka to other parts of Russia.[3] The Ministry of railways was obliged to lease containers for the transportation of the migrants' goods to the Chukotkan administration and ensure that they were delivered to the various settlements.[3] The population table below shows the impact on the settlement as a result of the closure of the mines.
Vstrechny is linked to Bilibino and Keperveyem by a small road network that also links the now abandoned settlements of Bezmyanniy and Karalvaam.[13] There is also a small network of roads within the settlement including:[14]
Улица Коммунальная (Ulitsa Kommumalnaya, lit. Communal Street)
Улица Космонавтов (Ulitsa Kosmonavtov, lit. Cosmonaut Street)
Дума Чукотского автономного округа. Закон №33-ОЗ от 30 июня 1998 г. «Об административно-территориальном устройстве Чукотского автономного округа», в ред. Закона №55-ОЗ от 9 июня 2012 г. «О внесении изменений в Закон Чукотского автономного округа "Об административно-территориальном устройстве Чукотского автономного округа"». Вступил в силу по истечении десяти дней со дня его официального опубликования. Опубликован: "Ведомости", №7 (28), 14 мая 1999 г. (Duma of Chukotka Autonomous Okrug. Law #33-OZ of June 30, 1998 On the Administrative-Territorial Structure of Chukotka Autonomous Okrug, as amended by the Law #55-OZ of June 9, 2012 On Amending the Law of Chukotka Autonomous Okrug "On the Administrative-Territorial Structure of Chukotka Autonomous Okrug". Effective as of after ten days from the day of the official publication.). (in Russian)
[5])
