Gold demand to hit record with central bank buying, WGC saysOverall consumption climbed by about 3% to 4,899 tons last year, supported by strong demand in the OTC market, the World Gold Council says.Bloomberg News | January 31, 2024 | 10:10 am
Swiss ban Russian diamond imports, joining latest EU sanctionsBern has agreed to adopt the 12th round of sanctions…Reuters | January 31, 2024 | 9:51 am
Russian oligarch Potanin wins divorce claim appeal, case continuesA claim by Potanin's ex-wife to a share of his…Reuters | January 31, 2024 | 8:21 am
Russian aluminum in LME-registered warehouses rises to 81% in July The share of Russian origin stocks in LME-registered warehouses has been gradually rising this year. Reuters | August 10, 2023 | 8:59 am
Polymetal plans to sell Russian assets under sanctions in 6-9 months The company had planned to separate its Russian and Kazakh businesses. Reuters | August 9, 2023 | 10:16 am
Russia to restart buying currency, gold as energy income revives Russia gets around a third of its budget revenues from the oil and gas industry. Bloomberg News | August 3, 2023 | 2:40 pm
Nornickel makes Asia pivot as metals price drop hits H1 profits Net profit dropped from $5.1 billion to $1.1 billion in the first six months of the year. Reuters | August 2, 2023 | 7:25 am
One big gold seller among central banks has even more to offload Kazakhstan’s central bank is looking to cut the metal’s share to as low as half of its $34.5 billion reserves. Bloomberg News | July 31, 2023 | 12:29 am
Column: LME’s Russian aluminum dilemma set to become more acute The London Metal Exchange is coming under renewed pressure to exclude Russian aluminum from its warehouse system. Reuters | July 28, 2023 | 7:02 am
Polyus closes books on $6.4bn share buyback early A Polyus representative said a large shareholder had submitted a bid to sell part of its stake and that a large number of retail investors had participated. Reuters | July 26, 2023 | 9:27 am
Non-Western supplies start replacing Nornickel’s old mining equipment For 2023, the company is on track to reach its 2023 production forecast. Reuters | July 24, 2023 | 7:57 am
Hydro says Russian metal threatens LME benchmark, Rusal hits back While there are no sanctions on Russian metal, consumers are ignoring aluminium produced by Rusal, which accounts for 6% of global supplies. Reuters | July 21, 2023 | 6:26 am