Russia halts rescue operation for 13 trapped minersThe miners were trapped by a rock fall at the Pioneer gold mine.Reuters | April 1, 2024 | 7:45 am
Nornickel says some EU clients refuse to buy products made of Russian metalAlthough Nornickel itself and its metals are not a target…Reuters | March 30, 2024 | 1:38 pm
Russia confirms deal to buy part of Alrosa’s outputDue to sanctions, the ministry has decided not to disclose…Reuters | March 28, 2024 | 10:10 am
Nornickel joins stainless steel factory project, aims to increase nickel sales Annual production at the new plant is expected to be up to 500,000 metric tons per year. Reuters | December 18, 2023 | 10:06 am
Russia considering waiving export duties for two Rusal smelters Russia imposed export duties linked to the rouble-dollar exchange rate until the end of 2024 on a wide range of goods. Reuters | December 18, 2023 | 5:22 am
LME faces fresh worries about Russian metal after UK sanctions Any move by the US or EU to follow the UK’s sanctions on metals trading would likely force the LME’s hand. Bloomberg News | December 15, 2023 | 12:23 pm
Plummeting platinum group prices could worsen shortage — report PGM prices have fallen by 42% this year and could widen a supply deficit if unprofitable mines are sidelined. Colin McClelland | December 15, 2023 | 8:00 am
New sanctions bar UK entities from trading most Russian metals Prices of metals produced by Russia surged as panicky traders struggled to understand how widespread the impact of the measures would be. Bloomberg News | December 15, 2023 | 6:41 am
Palladium price surges 12% as UK sanctions target Russia metals Palladium is headed for its biggest gain since March 2020. Bloomberg News | December 14, 2023 | 9:44 am
US sanctions Russian metals magnate Sviblov and gold, zinc firms The Ozernoye mine had drawn the attention of traders including Trafigura Group and Open Mineral. Bloomberg News | December 12, 2023 | 2:14 pm
US House approves Russian uranium import ban The Prohibiting Russian Uranium Imports Act would bar Russian uranium imports 90 days after enactment while allowing a temporary waiver until January 2028. Bloomberg News | December 11, 2023 | 3:11 pm
Polymetal shareholders approve second plan to exchange for Astana-listed shares The proposal, which affects around 14% of share capital, was approved at the company's general meeting on Dec. 8. Reuters | December 11, 2023 | 9:38 am