Nornickel makes Asia pivot as metals price drop hits H1 profitsNet 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 offloadKazakhstan’s central bank is looking to cut the metal’s share…Bloomberg News | July 31, 2023 | 12:29 am
Polyus closes books on $6.4bn share buyback earlyA Polyus representative said a large shareholder had submitted a…Reuters | July 26, 2023 | 9:27 am
How a sanctioned Russian company gained access to Sudan’s gold Meroe Gold is a firm the US Treasury says has ties to the Wagner Group, which it describes as a mercenary company. Bloomberg News | April 30, 2022 | 7:49 pm
Rusal executives to buy out US aluminum unit, rename it The new company will continue to selling Rusal’s metal. Bloomberg News | April 28, 2022 | 9:52 pm
Russia’s war is turbocharging the world’s addiction to coal The world’s addiction to coal, a fuel many thought would soon be on the way out, is now stronger than ever. Bloomberg News | April 25, 2022 | 1:17 pm
Polymetal shuns local sales in favor of exports The miner, operating in Russia, said it’s avoiding selling to the country’s banks as they will only buy at a discount. Bloomberg News | April 25, 2022 | 10:06 am
Rosatom, Nornickel to develop lithium project in Russia The two Russian companies plan to develop the Kolmozerskoye lithium deposit in the country’s northwestern Murmansk region. Cecilia Jamasmie | April 25, 2022 | 6:46 am
Three miners killed in explosion at Russian mine The explosion occurred at the Gaisky ore mining and processing plant in Russia's Orenburg region. Reuters | April 23, 2022 | 2:31 pm
The diamond world is scrambling to keep buying Russian gems The disruptions around Russian diamonds are being felt through the global industry, which was already facing a shortage of rough stones even before the war in Ukraine. Bloomberg News | April 22, 2022 | 9:33 am
Putin wants Russia to boost its use of metals to counter sanctions Russia is a major producer of metals including aluminum, nickel, copper and steel. Reuters | April 20, 2022 | 11:21 am
Top 50 mining companies power through covid adding $1 trillion in value Buoyant lithium, copper and gold prices lift value of top 50 mining stocks $1 trillion above covid lows – Russian miners prove resilient. Frik Els | April 18, 2022 | 10:15 am