Canada's biggest bank is suing former client Crew Gold over a fee the lender claims it should have been paid by the mining company.
Russia Mining News
Moody's upgrades Alrosa credit, praising Russian firm's low-cost reserve base, technical mining expertise, solid liquidity and conservative financial policy.
Confidence returns to mining sector as announced capital outlays surge to $108 billion – greenfield project spending up three-fold in first quarter.
Analysts, companies expect prices to stay below 2015 levels for at least the next two years.
Analysts outline five key themes resources companies in Europe will have to deal with in the next few months.
Not only Canadians, but also producers from Russia and Belarus have yet to sign 2016 contracts with Chinese importers.
The Russian firm, which together with De Beers controls almost two-thirds of the diamond market, is being prepped for privatization.
The curious case of Khan Resources exposes how Mongolia seized uranium mine deposits from their Canadian legal owner and transferred them to Russian government control. And with elections imminent, the Mongolian government is now trying to clean up the mess. (Part One of a Three Part Series)
Company President Andrey Zharkov signed an order to give to the fact of a gem-quality diamond extraction the name Mothers of Russia.
The country's central bank added 356,000 ounces of the precious metals to its reserves in February.
ALROSA Supervisory Board approved the decision to open a branch in Vladivostok. It is the first step on the way to creating Russian Diamond Centre in the Primorye Territory.
The world economy is complex, but today’s series of maps will allow you to simplify your understanding of the relative wealth of people around the globe.
Central bankers have been on a massive Gold Buying Spree led by Russia and China.
Mining supply returns to pre-strike level but recycling falls.
Combined output topped 30 million ounces in 2015.
The bodies of four miners were recovered after the initial disaster, but the remains of the six rescuers who died trying to reach the stranded miners are yet to be found.
The update comes as the world's top diamond producer revealed the results of its prospecting and geologic exploration carried out last year
About 110 coal miners were underground when a seismic jolt caused part of the structure to collapse late Thursday.
Gold miners to keep cutting cost, team up amid unusual market conditions that will continue boosting deals, says BMI Research.
The massive rock worth about $1.5 million.
According to Bloomberg, the Russian Energy Ministry issued a statement that "Energy Minister Alexander Novak and the heads of Russia's biggest oil companies discussed the possibility of working with OPEC."
Rough diamonds sales rose to 7.1 million carats in October through December. This compares with 4.9 million carats of sales in the third quarter.
As the world prepares to house, feed and care for 9.7 billion people, Ahead of the Herd founder Rick Mills is looking for the companies that will profit from the silent tsunami of demand creeping up on resource and healthcare providers.
These rulings set aside the award of the International Arbitration Court at the Moscow Chamber of Commerce and Industry dated June 30, 2014 (the “MCCI Award”) through which Stans was awarded US$118,000,000 in damages.
The nations were once again the biggest buyers, with China adding 21 tonnes and Russia 22 tonnes in November to their respective reserves.