Altus in the red on Newcrest royalty buy

Roman Abramovich’s sale of a stake in Russia’s biggest mining company shows investor appetite for the country’s assets is returning.

The company cited uncertainty about the global diamond industry as one of the main reasons for choosing not to pay a divvy.

The deal raises Polyus' stake in Sukhoi Log, one of the largest untapped gold deposits in the world, to 63.4%.

The Woodsmith mine will be one of the world’s largest in terms of the amount of resources extracted — It's set to generate an initial 10 million tonnes per year of polyhalite, a form of potash used in plant fertilizers.

The steel and alumina contracts have the best chance of succeeding, according to analysts, traders and other industry sources.

Polymetal increased its ore reserves by 15 percent last year to 24 million ounces of gold equivalent.

The Manchester-based company had agreed to acquire Neo for $612 million in cash and stock.

Nuclear may actually be the safest form of power production that we have.

The hit comes just days after the miner's investors were handed a $4 billion special dividend.