Russia

Deep-sea mining pioneer now hunts for resources in space

Cecilia Jamasmie | December 16, 2014
Deep-sea mining pioneer now hunts for resources in space

Julian Malnic, the founder of world's first deep-sea miner Nautilus Minerals has joined the board of Deep Space Industries.

Global economy: why it’s a year-end “mess”

Daily Gains Letter | December 13, 2014

The blue-chip Dow Jones Industrial Average (DJIA) fell 185 points on Tuesday, prior to rallying to cut its loss—but this was followed by a 170-point intraday decline on Wednesday.

Spare dollars

GoldMoney | December 12, 2014

This week I look at another aspect of the dollar, which almost certainly will become a significant source of supply: a global shift out of it by foreign holders.

More insane pictures of Russian potash mining destruction

Vladimir Basov | December 11, 2014
More insane pictures of Russian potash mining destruction

Two large cities in Russia's Perm region sit on potash mines worked for the past 70 years that cause sudden surface subsidences and sinkholes 400m across.

Move over Alrosa, Rio Tinto wants to drive growth in India’s diamond sector

Cecilia Jamasmie | December 11, 2014
Move over Alrosa, Rio Tinto wants to drive growth in India’s diamond sector

The miner hinted its 30-year partnership with the Indian diamond industry makes it the best fit to drive the sector’s growth in the country.

Putin seeks to boost Russian diamond trade through India

Cecilia Jamasmie | December 5, 2014
Putin seeks to boost Russian diamond trade through India

The Russian leader is expected to ink a long-sought deal with India during his visit to the country next week.

Why did the price of potash plummet?

World Economic Forum | December 2, 2014

Prices are unlikely to reach cartel-era levels, however.

Belarus won’t tax potash exports in 2015

Cecilia Jamasmie | December 2, 2014
Belarus won’t tax potash exports in 2015

The nation first cut export tariffs to zero in September 2013 and won't reverse measure next year.

Russia's monetary solution

GoldMoney | December 1, 2014

The hypothesis that follows, if carried through, is certain to have a significant effect on gold and the relationship between gold and all government-issued currencies.

Ukraine could run out of coal this winter

Andrew Topf | November 30, 2014
Ukraine crisis fuels Europe demands for coal, prices jump

Ukraine is facing a potential shortage of coal supplies just as it finds itself in the icy grip of winter.

Price fixing lawsuits come to platinum, palladium market

Frik Els | November 26, 2014
Platinum, palladium price-setting technology ‘optimum’ for gold: LME

Goldman, BASF, HSBC and Standard Bank accused of front-running and spoof orders while in charge of the London PGM Fix since 1989.

Insane pictures of Russian potash mine disaster

Vladimir Basov | November 20, 2014
Insane pictures of Russian potash mine disaster

Giant sinkhole opens up in between summer cottages near Uralkali's Solikamsk-2 potash mine.

Marin Katusa: winter is coming—how investors can win in the 'Colder War'

The Energy Report | November 20, 2014

Casey Research energy strategist Marin Katusa cautions that Russia and China have forged an alliance with the goal of world supremacy through control of the energy market and Vladimir Putin is winning.

A Russian miner, a good camera, the arctic tundra: here’s the result

Cecilia Jamasmie | November 19, 2014
A Russian miner, a good camera, the arctic tundra: here’s the result

Ivan Kislov is a young Russian mining engineer who spends his breaks taking breath-taking photographs of wild animals, mostly foxes, in the arctic tundra.

Uralkali stock plummets on evacuation of potash mine

Cecilia Jamasmie | November 18, 2014
Uralkali stock plummets on evacuation of potash mine brine inflows

The world’s largest potash supplier had to evacuate workers from its Solikamsk-2 mine in Russia’s Perm region due to an increase in brine inflow.

Stans mining licence rightfully acquired — Kyrgyz Supreme Court

Cecilia Jamasmie | November 18, 2014
Withdrawal of Stans licence is illegal — Kyrgyz Supreme Court

Stans acquired a 20-year mining license for the past-producing Kutessay II rare earth mine in December 2009, but a local company had claimed being the rightful owner of such permit.

Russia's gold and the end of the American empire

kingworldnews | November 16, 2014

On the heels of a massive rally in the gold and silver markets, the top trends forecaster spoke with King World News about Russia’s stunning moves in the gold market, and why this spells the end of America’s dominance of the world.

Kyrgyz Republic seizes Stans Energy rare earth project

Frik Els | November 13, 2014
Kyrgyz Republic seizes Stans Energy rare earth project

Kyrgyz government moves to revoke Stans Energy's licence for rare earth mine and plant that was the main global source of heavy REEs during the Soviet era.

Gold price rallies as safe haven buying returns

Frik Els | November 7, 2014
Gold price rallies as safe haven buying returns

Gold price up more than 3% in massive volume on slightly weaker than expected US jobs data and Putin's Nazi comments.

City scion’s tarnished Siberian gold mission

Financial Times | November 5, 2014
Russian gold output to decline after record year

London-listed gold miner Petropavlovsk is fighting for survival after it embarked on an expansion programme that dramatically increased its debts just as gold’s bull run was ending.

De Beers market share set to pick up on Canadian mine opening

Cecilia Jamasmie | November 4, 2014
De Beers market share set to pick up on Canadian mine opening

The company's market share has dropped from about 80% in the late ‘80s to roughly 35% today.

Mining the Antarctic a big no-no

Cecilia Jamasmie | November 3, 2014
Mining the Antarctic a big no-no

Costs and challenges for mining the Arctic, meanwhile, on their way up.

Russia expands gold stockpile the most since '98

Andrew Topf | November 2, 2014
Russian gold output to decline after record year

Bullion purchases seen as shoring up the foreign exchange reserves Russia has been forced to sell amid a plunging ruble. Western sanctions and the falling price of oil are to blame.

Russia pushes forward plans to mine the moon

Cecilia Jamasmie | October 28, 2014
Russia is seriously advancing plans to mine the moon

The country's ultimate purpose is to extract rare earth elements, breaking China's dominance and pushing prices down.

Brazil’s Vale close to becoming world’s largest nickel producer

Cecilia Jamasmie | October 24, 2014
Brazil’s Vale close to becoming world’s largest nickel producer

The miner beat estimates after logging a 16% jump in Q3 nickel production, taking total output of the metal this year to 201,400 metric tons.

Potash Corp remains confident of market outlook despite weak prices

Cecilia Jamasmie | October 24, 2014
Potash Corp remains confident of market outlook despite weak prices

The company is approaching the end of a decade-long, US$8.3-billion investment program to boost its potash production capacity.

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