Polymetal shareholders approve sale of Russian assets

Major Western jewellers, from Tiffany's to Cartier and Van Cleef & Arpels have all been keen to distance themselves from Russia's lucrative diamond trade.

Nornickel this year failed to pay dividends on its 2022 results for the first time in 14 years.

After finding itself suddenly unwelcome in its traditional sphere of influence, France is casting further afield.

But even before it is in force, producers say Western customers have been shunning gemstones from Russia.

A handful of Western banks and traders from Citigroup to Trafigura Group are increasingly willing to enter new deals for Russian metals.

The accident took place at the Kostenko mine after what appeared to be a methane leak.

ArcelorMittal Temirtau said 206 of 252 people at the Kostenko mine had been evacuated after what appeared to be a methane blast.

The G7 held a technical meeting last week to discuss several proposals put forward by India, industry groups and Belgium.

The miner launched a multi-billion dollar project aimed at reducing sulphur dioxide emissions by 45% in Norilsk.