New US sanctions more likely to curb Indian imports of Russian coal, traders sayThe sanctions could benefit other coal suppliers such as Indonesia, Australia and South Africa.Reuters | March 1, 2024 | 7:53 am
BlackRock reduces stake in Polymetal InternationalThe US investment firm has reduced its stake in the…Reuters | March 1, 2024 | 7:38 am
Polyus posts 2023 profit jump on higher output, gold pricesPolyus's net profit rose 12% to $1.7 billion last year…Reuters | February 29, 2024 | 6:54 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
Aluminum trader’s huge LME position ignites battle for stock IXM, owned by China’s CMOC Group, has built up an unusually large position in the LME’s aluminum contract for delivery tomorrow. Bloomberg News | May 16, 2023 | 9:47 am
Russia uranium deal caused manager exodus at Kazakh mining giant Russia accounts for half the world’s uranium enrichment capacity but relies on imports of Kazakh ore to supply its plants. Bloomberg News | May 16, 2023 | 7:29 am