Battle for aluminum stocks is draining LME of non-Russian metal

The trader that last month built up a dominant position in aluminum has begun taking delivery of some metal while rejecting supplies produced in Russia.

Bloomberg News | June 12, 2023 | 2:42 pm

Russian invasion increases challenges, risks for Ukraine coal mines

Some coal mines operate despite Russian invasion.

Reuters | June 9, 2023 | 8:11 am

Polymetal considers divestment of Russian business

The gold and silver producer said move would follow the resignation of senior managers from Russia-related duties after US sanctions.

Reuters | June 5, 2023 | 4:01 am

From Russia with gold: UAE cashes in as sanctions bite

Records show the Gulf state imported 75.7 tonnes of Russian gold worth $4.3 billion - up from just 1.3 tonnes during 2021.

Reuters | May 25, 2023 | 8:56 am

Dubai Diamond Exchange, Sotheby’s unveil world’s largest ruby

The Estrela de FURA – a 55.22 carat stone – is expected to fetch in excess of $30 million.

Staff Writer | May 22, 2023 | 11:14 am

Russia raises aluminum exports to China to near record levels as sanctions bite

Russian sales of refined aluminum to China nearly trebled in April from the previous year.

Bloomberg News | May 22, 2023 | 9:37 am

Polymetal plays down scope of sanctions as London-listed shares tank

Polymetal's Russian operations accounted for around two-thirds of the group's revenue in 2022.

Reuters | May 22, 2023 | 9:11 am

US imposes sanctions on some of Russia’s biggest gold miners

Polyus and Polymetal were targeted, according to a statement Friday.

Bloomberg News | May 20, 2023 | 10:10 pm

Half of the coal-fired power plants announced worldwide unlikely to be built — study

A study by Mercator found that 50% of the coal-fired power plants that were planned to come online in the next few years will fail to do so.

Staff Writer | May 19, 2023 | 6:34 am

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Russian metals aluminum, nickel escape new US sanctions

Aluminum price surges as White House plans fresh sanctions on Russia

Diamond, niobium play key role in development of quantum detection devices

Anglo Asian releases initial resource estimate for Xarxar copper deposit

Polymetal to drop out of top 10 gold miners on Russia sale

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