Alrosa’s 2024 diamond output falls by 4.6%The miner announced plans last month to suspend some production in 2025 and cut staff as it grapples with low global prices.Reuters | December 18, 2024 | 7:50 am
Uranium spot prices to climb in ‘staircase’ pattern, Sprott forecastsUranium has been buoyed by growing global support for nuclear…Blair McBride - The Northern Miner | December 17, 2024 | 11:05 am
Nornickel will return to positive free cash flow in 2025, CEO saysHowever, CEO Vladimir Potanin said the company will not distribute…Reuters | December 14, 2024 | 9:33 am
China leads world in energy transition, Wood Mackenzie says The world’s second-largest economy leads the energy transition and is on track to source half of its power from low-carbon energy. Trish Saywell, Special to the Northern Miner Group | December 13, 2024 | 7:41 am
Mining sector cyberattacks linked to third-party supplier access in 76% of cases – report Growing challenges cybersecurity leaders faced in 2024 were in safeguarding cyber-physical systems. Staff Writer | December 12, 2024 | 4:45 pm
Ukrainian steelmaker halts operation at coal mine in Donetsk The site produces around half of Metinvest’s total Ukrainian coal extraction volumes. Bloomberg News | December 12, 2024 | 9:58 am
Satellite data analysis shows copper smelting activity surged in November Global copper smelting last month reached its highest level since February. Henry Lazenby - The Northern Miner | December 11, 2024 | 2:25 pm
Nornickel says sees global nickel surplus of 150,000t in 2024-2025 The company said it expects the palladium market to reach balance in 2025. Reuters | December 10, 2024 | 7:16 am
Polyus says sanctions will double cost of Siberian gold deposit The cost of developing Sukhoi Log in Siberia has nearly doubled to $6 billion due to Western sanctions. Reuters | December 10, 2024 | 7:07 am
Ukraine’s key coking coal mine still operating as Russians close in The potential closure of the Pokrovsk mine could cause steel production to slump to 2-3 million metric tons next year. Reuters | December 6, 2024 | 9:24 am
Nornickel’s largest investor Interros objects to Rusal lawsuit over dividends Rusal first filed the lawsuit in 2022, alleging that Nornickel CEO Vladimir Potanin had violated their shareholder agreement. Reuters | December 5, 2024 | 8:45 am
RG Gold said to consider stake sale to fund growth RG Gold is developing one of the largest single-gold deposits in Kazakhstan. Bloomberg News | December 3, 2024 | 7:00 am