Russia Mining News

World's top diamond miner Alrosa output up 14% in first half of 2017

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.

The world’s largest diamond miner just found two massive rocks

Both rocks, said ALrosa, are believed to be gem-quality.

Polyus grabs all of legendary Sukhoi Log gold deposit

First discovered in 1961, Sukhoi Log in eastern Russia holds 62.8 million ounces of gold.

Alrosa has sold $2.5 billion in diamonds so far this year

The world's largest diamond producer by output said market has refound its balance.

Explosion at Norilsk Nickel mine kills four

Four miners were killed in an explosion at the Zapolyarny Mine, part of the Polar Division of Norilsk Nickel.

CHARTS: Lithium-rich countries risk missing the boat on electric batteries boom

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.

Russian state corporation suspends $1.2 billion uranium project in Tanzania

Weak uranium market and new Tanzania’s regulations named the main culprits.

Russia's Nornickel in talks to supply materials for BASF's battery plans

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.

Peter Hambro ousted from his gold mining company Petropavlovsk

New appointments include Russian billionaire

Alrosa finds 62.75-carat diamond at prolific Jubilee pipe

The miner's Jubilee pipe is famous for its large finds.

Nickel production to grow for first time since 2013 — report

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.

Russia's Polyus selling $700 million stake in Moscow, London

Russia’s biggest gold producer plans to sell 7% equity stake

Top diamond miner's 36-year-old chief to prove himself with cuts

Son of Putin ally to focus on reduced costs in new role as CEO

Russian scientists develop new process to determine coal quality

Scientists from the National University of Science and Technology MISIS (NUST MISIS) have studied and described the processes taking place in coal being extracted from mines.

ALROSA to participate in the development of the largest deposit in Angola

PJSC ALROSA, the world leader in diamond mining, will participate in the development of a new diamond deposit in Angola.

Ukraine says no to Russian coal, gas – favours nuclear power

In spite of a blockade on shipments of anthracite coal from occupied Donbas to Ukrainian thermal power plants (TPPs) since this past winter, the country has thus far avoided blackouts.

These were the top producing diamond mines in 2016

Here are the top 10 diamond mines in terms of output in carats and value.

Norilsk Nickel sues Botswana over thwarted mine stake deal

The Russian miner wants to recover $271 million it lost when a state-backed company failed to complete the acquisition of a 50% stake in its Nkomati mine in South Africa.

Siberian gold mine collapse kills two

Two gold miners are dead and one is in critical condition after an underground gold mine near the Siberian city of Chelyabinsk partially collapsed.

Turkmenistan opens bid process for country’s second potash plant

The new plant, to be based at the Karabil potash deposit, is estimated to be worth about $1.4 billion.

Potash producer Belaruskali to make new kind of fertilizer — report

The company is also said to be mulling a number of investment projects involving a Chinese chemical company.

Australia ready to begin exporting uranium to India — Prime Minister

Shipments will start almost nearly three years after the two countries signed an export deal for peaceful power generation.

When will Russia run out of oil?

Globally, exploratory drilling fell by almost 20 percent in 2015 and fell even further in 2016. Russia's exploration activities, suffered a double blow during this period.

Alrosa fetches almost $13 million at auction in Vladivostok

Alrosa, the world’s largest diamond miner by output in carats, has held an auction to sell industrial grade and gem quality natural rough diamonds in the Eurasian Diamond Centre.

Jim Rogers is bullish on Russia, and I know why

Tom Beck, editor of Portfolio Wealth Global, says if he's learned one thing in the markets, it is that Jim Rogers never misses a big long-term investment thesis, and that Rogers has basically told investors to "forget China, buy Russia."