Russia and Central Asia Top Stories

Nornickel to pay $18m to drop its stake in nickel JV in South Africa

Nickel prices in London are heading for a 46% fall this year, the largest slump since the financial crisis in 2008.

Reuters | November 24, 2023 | 10:59 am

Uranium sector ‘scrambling’ to fill supply gap

The price of uranium will hit triple-digits for the first…

Colin McClelland | November 23, 2023 | 4:30 pm

Russian gold miner Uzhuralzoloto raises $78 million in Moscow IPO

Russia's fourth-largest gold miner has shrugged off British sanctions on…

Reuters | November 22, 2023 | 10:31 am

Ukraine’s coal mines turn to women to solve wartime staff shortages

After more than a thousand of its workers went to…

Reuters | November 22, 2023 | 7:52 am

Mali signs agreement with Russia to build gold refinery

The accord involves building a 200-tonnes-per-year refinery.

Reuters | November 22, 2023 | 7:45 am

Banning Russian aluminum would create uncertainty about LME’s role – Rusal

Rusal, the world's largest aluminum producer outside China, is expected to account for 6% of global supplies of the metal this year.

Reuters | October 5, 2022 | 9:20 am

Alcoa urges LME not to accept Russian metal to avert ‘crisis’

What will happen to Russian metal is one of the hottest topics of debate among traders.

Bloomberg News | October 4, 2022 | 2:17 pm

Column: London Metal Exchange ducks Russian sanctions pressure

It's clear the LME isn't going to be rushed into any decision on whether to continue accepting Russian metal against its contracts, writes Andy Home.

Reuters | October 4, 2022 | 7:46 am

Rio Tinto-Turquoise Hill takeover vote set for November 1

The deal, valued at $3.3 billion, gives Rio Tinto a 66% stake in the giant Oyu Tolgoi copper-gold mine in Mongolia.

Staff Writer | September 30, 2022 | 11:01 am

Rusal denies it plans to deliver aluminum into LME warehouses

Some buyers have said they are shunning Rusal's metal, while others are securing price discounts at the same time as the industry negotiates supply deals for 2023.

Reuters | September 30, 2022 | 9:05 am

LME mulling consultation on banning Russian metal

Reuters sources say the exchange was planning to discuss banning new deliveries of Russian metal so its warehouses cannot be used to offload hard-to-sell stock.

Reuters | September 29, 2022 | 8:47 am

Alrosa discovers 22 new diamond deposits in Zimbabwe

Alrosa will only be allowed to work on two of the diamond deposits, while the rest will be made available to other investors.

Bloomberg News | September 28, 2022 | 11:59 am

Gold price rallies as dollar pulls back

Spot gold climbed 1.7% as the US dollar retreated after scaling a new two-decade high.

Staff Writer | September 28, 2022 | 9:49 am

Transparency International urges EU sanctions on Russian diamonds, Alrosa

More sanctions on individuals - including those involved in organizing Moscow's ad hoc votes in occupied east Ukraine on joining Russia - are also expected.

Reuters | September 26, 2022 | 9:31 am

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