Swiss gold refiners say they didn’t import mystery Russian metal

Over 3 tons of gold -- worth about $200 million -- was shipped from Russia to Switzerland in May, almost all of which was marked as being for refining.

Bloomberg News | June 23, 2022 | 9:27 am

Russia eyes new rules on state’s gold, gem sales amid war

The Finance Ministry proposed this week to put a portion of the country’s gold and gems into a special reserve that can be accessed in times of war.

Bloomberg News | June 21, 2022 | 12:34 pm

Switzerland imports Russian gold for first time since war

Switzerland received 3.1 tonnes of gold worth around $200 million from Russia in May, accounting for around 2-3% of its total gold imports.

Bloomberg News | June 21, 2022 | 9:18 am

Civil society group flays diamond watchdog over Russia stalemate

The United States and Britain have imposed sanctions on Russia's Alrosa, the world's largest producer of rough diamonds, which accounted for around 30% of global output last year, and is partly state-owned.

Reuters | June 20, 2022 | 4:20 pm

China’s alumina exports soar to fill Russian shortages

The 190,000 tons shipped in May brings the year-to-date figure to 380,000 tons, nearly 1,000% higher than the same period in 2021.

Bloomberg News | June 20, 2022 | 10:01 am

European gas gyrates as Russian cuts escalate energy crisis

Western sanctions on Russia have left equipment key for the functioning of the Nord Stream gas pipeline stuck abroad.

Bloomberg News | June 16, 2022 | 12:11 pm

Russian coal miners turn to India as war upends commodity flows

Sales of thermal coal to Europe dropped to about 10-15% of total exports from 30% before the invasion.

Bloomberg News | June 16, 2022 | 11:21 am

Top producer Russia thwarts move to redefine ‘conflict diamonds’

The rift in the Kimberley Process, which certifies rough diamond exports, risks paralyzing the body which makes decisions by consensus.

Reuters | June 16, 2022 | 5:19 am

Chinese stimulus, lower supply from Russia to keep nickel prices high – report

Nickel prices will edge higher in Q322 as Chinese stimulus measures improve the demand outlook and the Russia- Ukraine war continues to disrupt supply, says Fitch.

Staff Writer | June 15, 2022 | 3:02 pm

First

Last

At least 32 dead, 14 missing after ArcelorMittal mine fire in Kazakhstan

G7 announcement on Russian diamond ban expected by end of month

Nornickel starts sulphur dioxide capture in Russia’s most polluted city

International Energy Agency predicts fossil fuel demand decline after 2030

Russian gold miner Uzhuralzoloto board approves issuing 30 billion additional shares

Create FREE account or log in

to receive MINING.COM digests