The miner owned an 84.66% stake in LLC MAK-Bank.
While the earth contains enough potash to meet the increased global demand for crop production, some regions lack potash deposits needed for optimal food crop yields, the latest global assessment of the resource by the USGS shows.
The Arshanovsky open cut mine is expected to yield 10 million tonnes of coal a year once at full capacity.
While criminal charges against Vladislav Baumgertner, former Uralkali CEO, were ditched, he may face further damages claims as part of the so-called potash case.
International anxiety may be good for gold prices, as gold continues to have a place as a store of value in uncertain times, says Mike Niehuser of Scarsdale Securities.
Toronto-based gold miner also cuts production outlook and raises costs for 2015.
The parties agreed to exchange information on polished diamond identification and grading, joint research toward new technologies for diamond cutting and polishing.
Uranium spot prices have shown more life recently, says David Sadowski, mining equity research analyst at Raymond James, and he expects upward pressure to continue as utilities resume buying to meet future needs. In this interview, he tells The Energy Report the time is ripe to invest in uranium company stocks.
Customs data shows the world's second largest gold miner Russia exported 58 tonnes to be refined in Switzerland last year, but got less than 3 tonnes back.
"I'm sure we'll lose a few banks here and there."
The miner also said it aims to increase sales by 1% percent in 2015, taking advantage of rising production and using offtake from its stock.
The Saskatoon-based miner also hiked its quarterly dividend 9% to 38 cents per share.
New evidence has emerged of China's interest in digging for oil, gas a minerals in the frozen continent.
So where do investors go looking for returns? Eric Coffin suggests gold, both bullion and stocks.
The assets include the coal mines of Berezovskaya and Pervomaskaya, which together produce 700,000 tonnes of coal a year.
Under the terms of the MOU, Stans and GRK MA (together “the Parties”), have agreed on consideration for the possible development of the Rudniy Log specularite (iron oxide) deposit (the “Deposit”).
Be prepared to pick up quality situations during tax loss selling season and benefit off of a powerful January Effect rally.
Russia’s surprise interest-rate increase failed to stop the plummeting ruble. Another tool available to repair economic havoc caused by sanctions and falling oil prices: selling gold.
Julian Malnic, the founder of world's first deep-sea miner Nautilus Minerals has joined the board of Deep Space Industries.
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.
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.
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.
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.
The Russian leader is expected to ink a long-sought deal with India during his visit to the country next week.
Prices are unlikely to reach cartel-era levels, however.
The nation first cut export tariffs to zero in September 2013 and won't reverse measure next year.
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