Russia

Kinross shares soar ahead of results

Frik Els | July 29, 2015
Kinross shares soar ahead of results

World's fifth largest gold miner reports decline in production, $83m net loss and a rise in costs but $1 billion in cash will please investors.

Alrosa’s biggest diamond mine goes underground

Cecilia Jamasmie | July 27, 2015
Alrosa’s biggest diamond mine goes underground

The company has officially shifted operations at its flagship Udachnaya mine from open-pit to underground mining.

Canadian court to hear Stans Energy appeal over Kyrgyz Republic’s unpaid $118M

Cecilia Jamasmie | July 24, 2015
Canadian court to hear Stans Energy appeal over Kyrgyz Republic’s unpaid $118M

The frozen payment corresponds to what the Kyrgyz Republic was told by an international arbitration court to give Stans for revoking its rare earth mining licenses in the country.

Visual Capitalist

INFOGRAPHIC: The world economy in one visualization

Visual Capitalist | July 22, 2015

Today’s data visualization is the most simple breakdown of the world economy that we’ve seen.

Alrosa’s rough diamonds sales down 22% in first half of the year

Cecilia Jamasmie | July 21, 2015
Alrosa’s rough diamonds sales down 22% in first half of the year

The Russian company, hit by a sustained slowdown in the diamond market, said its rough diamond have declined by 6% in the first six months of the year.

The world’s highest grade gold mines

Vladimir Basov | July 16, 2015
World’s highest grade gold mines

Canadian mine takes top honours but Russia and USA dominate the rankings.

Iran, World powers reach ‘historic’ nuclear deal

Cecilia Jamasmie | July 14, 2015
Iran, World powers reach ‘historic’ nuclear deal

The agreement ends decades of economic sanctions against Iran, and includes reductions in centrifuges, international inspections.

Russia to sell enriched uranium to Europe

Sputnik News | July 13, 2015

Russia’s top exporter of primary stage nuclear material has completed a pilot shipment to Germany and Sweden via its northern Ust-Luga seaport.

China and Russia's evolving relationship

Stratfor | July 12, 2015

The Shanghai Cooperation Organization (SCO) concluded a two-day meeting July 10 in Ufa, Russia, just two days after the BRICS (Brazil, Russia, India, China and South Africa) summit in the same city.

Platinum, palladium price drop accelerates

Frik Els | July 9, 2015
Platinum, palladium price drop accelerates

Data showing South African production up 88% in May from a year ago pushes platinum to levels last seen in 2008 while palladium falls to 2-and-a-half year low.

Takeover approach shakes up potash market

Frik Els | June 25, 2015
Takeover approach shakes up potash market

Potashcorp shares jump after making unsolicited bid for Europe's largest potash producer amid fundamental shifts in the industry.

Rick Rule and Porter Stansberry's guide to protecting your portfolio from the ravages of the currency wars

The Gold Report | June 25, 2015
finance_dollar_bill

Russia, China and the U.S. are in a battle for currency dominance and natural resource stocks have been buffeted as a result.

Uralkali may delist before year-end ahead of imminent merger — report

Cecilia Jamasmie | June 22, 2015
Uralkali may delist before year-end ahead of imminent merger — report

The world's largest potash miner is said to be mulling a merger with Uralchem, one of its main shareholders.

Alrosa’s diamond prices down 6% so far this year, but recovery coming

Cecilia Jamasmie | June 16, 2015
Alrosa’s diamond prices down 6% so far this year, but recovery coming

It saw its rough diamond prices decrease by 3% in February and a further 3% at its May trading session, but the mienr expects market conditions to improve by the end of the year.

How central banks will push up the gold price

Frik Els | June 9, 2015
How central banks will push up the gold price

Just to up gold as a share of forex reserves to 5% – compared to 70% in developed economies – central banks in emerging markets need to buy 8,000 tonnes.

China’s five year plan and the end of an era

GoldMoney | June 5, 2015
china-industry-poster-welding-333

At its centre will be a shift of emphasis away from trade with the advanced nations, whose prospects are bound to subside towards their level of economic growth.

Oilprice.com

The evolution of the oil weapon

Oilprice.com | June 4, 2015

In the age of derivatives, swaps, and electronic money transfers, a new form of warfare has emerged: financial warfare.

Stans Energy kicks off fresh legal actions over Kyrgyzstan's $118 million pending payment

Cecilia Jamasmie | June 2, 2015
Stans Energy kicks off fresh legal actions over Kyrgyzstan's $118 million pending payment

The Canadian rare earths junior is appealing a Moscow court decision of Moscow City Arbitrazh Court of not allowing it to obtain a sum related to the loss of its Kutessay II mine.

Meteorites heading to Earth may contain trillions of diamonds

Cecilia Jamasmie | June 1, 2015
Meteorites heading to Earth may contain trillions of diamonds

Gems founds in fragments of the Almahata Sitta meteorite were formed in an unknown planet that existed when our solar system was just forming, researchers say.

Amur Minerals rises and falls on licence to mine nickel, copper in Russia

MINING.com Editor | May 28, 2015
Amur Minerals rises and falls on licence to mine nickel, copper in Russia

On Thursday the stock lost over 7%, closing at 18.30 pounds, after having skyrocketed almost 120% from May 22 to May 26.

Alrosa unearths 78.02-carat diamond from its Mir mine

Cecilia Jamasmie | May 25, 2015
Alrosa unearths 78.02-carat diamond from its Mir mine

According to the company, the gem is estimated is worth more than $600,000 if put on auction.

Mining companies could shift market share away from OEMs if product quality is compromised

Timetric | May 19, 2015

As mining companies reinforce their push to minimise costs, original equipment manufacturers (OEMs) are at risk of losing market share if their product quality, after sales services and inventories, is not improved.

Nordgold ups gold output 26% to 267koz

MINING.com News | May 18, 2015

Seven out of Nordgold’s nine mines achieved a year-on-year production increase, with double digit growth at Bissa, Lefa, Berezitovy and Neryungri.

Platinum price at 6-week high on deficit predictions

Frik Els | May 18, 2015
Platinum price at 6-week high on deficit predictions

New report highlights falling mine supply outside of Southern Africa and increased jewelry demand from China.

Poland fights for coal, but Russia may benefit

Politico | May 14, 2015

Poland's defense of coal, which has been a measure of energy independence from Russia, might actually be an asset to the Kremlin's influence.

Spot uranium price ignores fundamentals

Irina Dorokhova - Kursiv | May 12, 2015
Uranium: China’s chase

The main reason for price correction may not be the growing demand but the producers’ inability to meet the consumers’ price expectations.

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