Alrosa plans production cuts and staff reduction for 2025The miner may cut its labor costs by 10%, which could involve layoffs among its 35,000 staff.Staff Writer | November 21, 2024 | 6:59 am
Gold price rises for third straight day on Russia-Ukraine fearsGold is up approximately 28% year to date, with gains…Staff Writer | November 20, 2024 | 10:13 am
Centrus says Russia canceled TENEX’s licence to export low-enriched uranium to USRussia, the world's largest supplier of enriched uranium, said last…Reuters | November 18, 2024 | 3:44 pm
Rusal raises bar in Nornickel dispute with fresh claims against Potanin Rusal is suing Nornickel's CEO, claiming he violated a shareholder agreement signed in December 2012. Reuters | November 1, 2024 | 7:11 am
Solidcore to buy 55% stake in Kazakhstan’s Syrymbet tin deposit for $82.5m The company said it aims to secure board approval for construction in 2025. Reuters | October 31, 2024 | 11:15 am
Ukraine’s key Pokrovsk coal mine still operating as Russian troops move closer Ukrainian military analysts said this week that Russian troops had moved to within about 7.5 km of Pokrovsk. Reuters | October 29, 2024 | 7:39 am
Nornickel raises 2024 production guidance for all metals The Russian company increased nine-month copper and palladium output year on year while platinum and nickel were unchanged. Reuters | October 28, 2024 | 4:11 am
Sanctions delay to Russian zinc mine causes supply miscalculation Western sanctions on Russia's zinc miner Ozernoye have left it struggling to replace equipment needed to ramp up output. Reuters | October 25, 2024 | 10:10 am
Palladium price jumps after US suggests sanctions on Russian exports The Biden administration floated the potential restrictions at a meeting of G-7 finance officials in Washington this week. Bloomberg News | October 24, 2024 | 8:15 am
US asks G-7 to consider sanctions on Russian palladium, titanium One major challenge is that Europe is reliant on the metals and has shown little appetite to target them in the past. Bloomberg News | October 23, 2024 | 2:52 pm
Potash supply nears pre-war levels, pushing producers to cut output Russian producers have increased shipments to China and India via new rail routes since Russia exited the Black Sea grain deal last year. Reuters | October 23, 2024 | 8:09 am
Brazil seeks to woo partners in revived ambition to uncover uranium riches Latin America’s biggest economy holds 5% of the world’s uranium resources but only produces a tiny amount. Bloomberg News | October 22, 2024 | 11:10 am