Alrosa is currently trying to decide on whether to sell the 27.85-carat rock as a rough diamond, or cut and polish it.
Russia Mining News
Deal boosts energy cooperation between Moscow and Beijing.
Gokhran, part of Russia's finance ministry, was influential on the global platinum group metals markets in the 1990s and 2000s, when palladium stocks it accumulated during the 1970s and 1980s came to the market and depressed prices.
Steelmakers have accused the four countries of dumping the steel used in construction and machinery so the European Commission, the trade policy watchdog, had set out plans to levy tariffs of up to 33 percent.
A rise in refined supply (despite a 9% dip in mine-level output) and a drop in automotive and industrial demand erases Q1's 305,000-ounce deficit.
Moscow wants state-owned Alrosa to offer more favorable terms to local cutters
"We have seen the interest of clients from Asia Pacific," the company’s Vice President said
An independent audit will be conducted to make an overall assessment of all decisions and actions at the design, construction and operation stages of Mir underground mine.
Only six of the top 20 producers are primary silver miners. The polymetallic ore deposits from which silver are recovered account for more than two-thirds of the world's silver resources.
Russia's Norilsk Nickel reported a 3 percent fall in first-half core earnings on Tuesday, missing analysts' forecasts, due to a stronger rouble and a jump in social expenses.
Water level makes it "too risky" for rescuers to try accesing area where miners were believed to be when the accident happened.
The world’s top diamond producer by output in carats still expects to produce about 39 million carats this year.
Russia’s Alrosa, the world’s top diamond producer by output in carats, introduced Tuesday The Dynasty, a unique collection of diamonds manufactured at its cutting and polishing facilities.
Operators dragging their feet on production cuts.
The Aikhal division accounted for more than a third of the company’s total output in the period, having extracted 6.9-million carats of rough diamonds – a 26% year-on-year increase.
Both rocks, said ALrosa, are believed to be gem-quality.
First discovered in 1961, Sukhoi Log in eastern Russia holds 62.8 million ounces of gold.
The world's largest diamond producer by output said market has refound its balance.
Four miners were killed in an explosion at the Zapolyarny Mine, part of the Polar Division of Norilsk Nickel.
The need for the metal is expected to triple by 2025, but no all the countries rich in lithium are taking advantage of that trend, as shown in these graphics.
Weak uranium market and new Tanzania’s regulations named the main culprits.
Russia's mining giant Norilsk Nickel (Nornickel) said on Tuesday it was in talks with German chemicals firm BASF to supply raw materials needed in the process for making lithium-ion batteries in Europe in the future.
New appointments include Russian billionaire
The miner's Jubilee pipe is famous for its large finds.
More supply will likely drag prices lower, as the metal already touched a one-year low of $8,680 per tonne on the London Metal Exchange last week and is down more than 10% this year.