Russia and Central Asia Top Stories

Navoi Mining gets $150 million loan from Japan’s largest bank

The proceeds will be directed towards NMMC’s ongoing investment program.

Staff Writer | September 1, 2024 | 7:57 am

Rusal’s first-half profit jumps 42% on lower costs

Rusal, which operates in Guinea, Jamaica, Ireland and Sweden apart…

Reuters | August 28, 2024 | 5:32 pm

Polyus’ H1 profit jumps on higher global prices

Polyus on Tuesday posted a 183% jump in first-half profit.

Reuters | August 27, 2024 | 6:58 am

Nornickel examining impact of latest US sanctions

The US imposed sanctions on several Nornickel subsidiaries as well…

Reuters | August 26, 2024 | 6:54 am

Nornickel’s first-half profit slumps 22% on weak prices

The Russian miner also grappled with logistical and international payment…

Reuters | August 23, 2024 | 7:32 am

Aluminum group steps up call on EU to bar imports of the Russian metal

Rusal said the main victims of such measure would be the European consumers.

Reuters | May 17, 2024 | 7:27 am

US lukewarm on G7 Russian diamond ban after industry backlash

Ban aims to curb another revenue stream for Russia.

Reuters | May 17, 2024 | 7:21 am

Rusal says board recommends not paying 2023 dividend

Rusal's Moscow-listed shares fell on the news.

Reuters | May 16, 2024 | 8:55 am

Cameco’s CEO explains uranium strategy

“We’re not producing just to build inventory,” Cameco CEO Tim Gitzel said in a recent interview.

Staff Writer | May 10, 2024 | 11:23 am

Column: LME checks Russian aluminum play but is it game over?

The London Metal Exchange's warning shot to those looking to game the new sanctions on Russian aluminum appears to have worked.

Reuters | May 7, 2024 | 7:58 am

Kazatomprom uranium sales lag behind production

Output came to 7.2 million lb. uranium oxide on an attributable basis, up from 6.4 million lb. last year.

Blair McBride | May 3, 2024 | 12:05 pm

Alrosa says output stable amid Western sanctions

The Russian finance ministry said last month that Russia will regularly buy diamonds from the sanctions-hit producer through a state fund.

Reuters | May 2, 2024 | 8:05 am

Column: China overtakes Japan in April as Australia’s top coal market

It is the first time this has happened in any month in more than four years.

Reuters | May 1, 2024 | 8:37 am

Senate passes Russian uranium import ban, sending to Biden

The ban is needed to unlock some $2.7 billion to stand up a domestic uranium industry made available by Congress earlier this year.

Bloomberg News | May 1, 2024 | 5:49 am

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