Russia has overtaken China as the fifth-biggest sovereign holder of gold.
Russia Mining News
The sale will close a chapter at the world's second largest aluminium producer.
Nornickel, a $33 billion mining company, competes with Brazil's Vale SA for the rank of the world's top nickel producer.
Three billionaires faced off in London court on Friday in a conflict triggered by Roman Abramovich’s desire to sell his stake in MMC Norilsk Nickel PJSC.
Polyus saw rising sales last year and expects to both invest and produce more in 2018, aiming to up production at its new Natalka gold deposit.
The Russia-Iran conversations are taking place within the framework of the Joint Comprehensive Plan of Action on Tehran’s nuclear program.
Donskoi discussed the need for more active cooperation in the usage of PGMs.
The appointment comes less than a month after Kazakh businessman Kenges Rakishev told Reuters he wanted to bring back co-founder Pavel Maslovskiy as CEO.
New report shows world's mines produced all-time peak of 105 million troy ounces of gold in 2017 despite 9% drop in output in top producer China.
Russian anti-monopoly service has allowed the mid-sized gold miner GV Gold some gold assets from Russian businessman Viktor Vekselberg.
In January 2018, ALROSA recovered two gem-quality stones weighing 97.92 carats and 85.62 carats.
Norilsk Nickel said its production of palladium could decline in 2018, while output of nickel from Russian raw material would remain flat.
The Cullinan Mine is owned 74% by Petra Diamonds Limited and is renowned as the source of very rare blue diamonds and large, high quality gem diamonds.
The consultancy expects crude demand this year to grow by 1.7 million bpd, and says Brent could touch above $100 a barrel in 2019.
The Russian state-controlled diamond miner increased fourth-quarter production by 6 percent year-on-year to 10.1 million carats as a shutdown at its Mir mine was offset by higher output at other assets.
Alrosa could sell around 40 million carats of diamonds in 2018 provided market conditions are favourable.
The Russian gold and silver producer said its fourth-quarter revenue rose 12 percent on a year earlier to $586 million due to higher gold sales.
Agreement includes Russia’s state nuclear agency Rosatom commitment to build a nuclear power station in the South American country.
Miner aims at selling around 40 million carats of diamonds in 2018 provided market conditions are favourable.
The offering is for senior unsecured guaranteed convertible bonds with maturity of January 2021, expected to carry a coupon of between .5 and 1 pct per annum.
Currently, there's a lot of good news for gold which thrives on the spectre of high government debt leading to more money-printing and inflation.
A fresh surge in U.S. and Canadian oil production would wreck all of OPEC's hard work.
This rise happened due to a recovery in output in producer countries such as the United States, Russia and China and an accompanying rise in export activity.
Deal provides the diamond giant with access to a production base outside Russia.
Russian miner said the price decline for rough diamonds was due to the changed sales assortment resulting from an increased demand for small-sized rough rocks from India.