Copper lures buyers as New York futures hover above $4/lb
Copper futures edged higher in London and New York as tentative signs of buying interest emerged following a string of losses.
ALROSA”s “Mir” open-pit mine, Mirny, Yakutia. Source Wikipeida.
Fyodor Andreev, the president of Russian diamond giant ALROSA, is resigning due to medical reasons.
Andreev announced the decision at the company’s weekly management meeting on Sept. 22.
First vice-president Ilya Ryashchin will take over as acting president of ALROSA.
Alrosa is Russia’s largest diamond mining company. It controls approximately 95% of Russia’s diamond production. The company is owned by various government bodies.
