Russia

Amur Minerals rises and falls on licence to mine nickel, copper in Russia

MINING.com Editor | May 28, 2015
Amur Minerals rises and falls on licence to mine nickel, copper in Russia

On Thursday the stock lost over 7%, closing at 18.30 pounds, after having skyrocketed almost 120% from May 22 to May 26.

Alrosa unearths 78.02-carat diamond from its Mir mine

Cecilia Jamasmie | May 25, 2015
Alrosa unearths 78.02-carat diamond from its Mir mine

According to the company, the gem is estimated is worth more than $600,000 if put on auction.

Mining companies could shift market share away from OEMs if product quality is compromised

Timetric | May 19, 2015

As mining companies reinforce their push to minimise costs, original equipment manufacturers (OEMs) are at risk of losing market share if their product quality, after sales services and inventories, is not improved.

Nordgold ups gold output 26% to 267koz

MINING.com News | May 18, 2015

Seven out of Nordgold’s nine mines achieved a year-on-year production increase, with double digit growth at Bissa, Lefa, Berezitovy and Neryungri.

Platinum price at 6-week high on deficit predictions

Frik Els | May 18, 2015
Platinum price at 6-week high on deficit predictions

New report highlights falling mine supply outside of Southern Africa and increased jewelry demand from China.

Poland fights for coal, but Russia may benefit

Politico | May 14, 2015

Poland's defense of coal, which has been a measure of energy independence from Russia, might actually be an asset to the Kremlin's influence.

Spot uranium price ignores fundamentals

Irina Dorokhova - Kursiv | May 12, 2015
Uranium: China’s chase

The main reason for price correction may not be the growing demand but the producers’ inability to meet the consumers’ price expectations.

ArcelorMittal cuts profit expectations for 2015 amid steel glut

Cecilia Jamasmie | May 7, 2015
ArcelorMittal cuts profit expectations for 2015 amid steel glut

The company now expects earnings before interest, tax, depreciation and amortization, which is a more closely watched metric than net income in the steel industry, to be between $6bn and $7bn.

Survival guide for the mother of all bear markets from veteran bottomfisher John Kaiser

The Mining Report | May 5, 2015
Real-bear-walking-in-snow- setting-333

In this frank assessment of everything from gold and diamonds to potash and zinc, Kaiser Research Online author John Kaiser names for The Mining Report readers the companies that could be swept up in a rush to security of supply.

Uralkali Contract with Indian Company Could Stimulate Potash Demand

Investing News Network | May 5, 2015

When it comes to major deals in the potash space, 2015 has been a little sluggish.

Russia first to test 10Gen uranium enrichment centrifuges

RT.com | April 27, 2015

Rosatom, Russia’s nuclear agency, confirms scientists are testing 10th generation centrifuges. No other country even possesses 9th gen tech, putting Rosatom years ahead of the competition.

Clinton, Giustra push back against New York Times' Uranium One story

Michael Allan McCrae | April 23, 2015
frank giustra statement uranium one new york times

"If this is what passes for investigative journalism in the United States, it is very sad."

Cash flowed to Clinton foundation as Russians pressed for control of uranium company

New York Times | April 23, 2015

The headline in Pravda trumpeted President Vladimir V. Putin’s latest coup, its nationalistic fervor recalling an era when its precursor served as the official mouthpiece of the Kremlin: “Russian Nuclear Energy Conquers the World.”

China expands stake in Russian potash miner Uralkali

Cecilia Jamasmie | April 21, 2015
China grabs stake in Russian potash miner Uralkali

Two Chinese banks are among the eight institutions that have provided Uralkali a $530 million loan.

Russia's Alrosa diamonds output up 6% in Q1

Cecilia Jamasmie | April 21, 2015
Russia's Alrosa diamonds output up 6% in Q1

The miner also said that revenue from rough diamond sales was set to reach at least $1.1 billion, even though its first-quarter rough diamond prices dropped by 3%.

Close to half of European and the Former Soviet Union mines to be using autonomous vehicles by 2020

Timetric | April 14, 2015
robot head from flickr

If labour costs are high, use robots.

Canpotex finalizes pricing deal with China

Cecilia Jamasmie | March 30, 2015
Canpotex finalizes pricing deal with China

While it did not release price terms, it is believed the group will be selling its crop nutrient for US$315 per a tonne,

Cecilia Jamasmie

Belaruskali deal with China dents other players’ chances

Cecilia Jamasmie | March 24, 2015
Belaruskali deal with China dents other players’ chances

The move may be the first of many more competitive deals by producers in the potash market, which has historically operated with large joint ventures controlling prices.

The new order emerges

GoldMoney | March 20, 2015

China and Russia have taken the lead in establishing the Asian Infrastructure Investment Bank (AIIB), seen as a rival organisation to the World Bank and the Asian Development Bank, which are dominated by the United States with Europe and Japan.

Potash producers rejoice — China likely to pay more for it this year

Cecilia Jamasmie | March 17, 2015
Potash producers rejoice — China likely to pay more for it this year

According to analysts from Credit Suisse, Chinese importers will settle at $320 a tonne, versus $305 a tonne they paid last year.

Stephane Foucaud: How to make money in the chaos of oil and gas

the energy report | March 14, 2015
Mining in 2015: Russian roulette with the gold price

We don't have that level of detail on Russia. Russia is one of the largest producers in the world. Any deviation from the broad assumption of production not dropping this year in Russia could be very meaningful.

Plenty of potash, but almost no low cost sources for crop production

US Geological Survey | March 3, 2015
Plenty of Potash, but almost no low cost sources for crop production

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.

Alrosa sells bank, to focus exclusively on diamond mining

Cecilia Jamasmie | March 2, 2015
Alrosa sells bank, to focus exclusively on diamond mining

The miner owned an 84.66% stake in LLC MAK-Bank.

Russia opens its largest coal mine

Cecilia Jamasmie | February 23, 2015
Russia opens its largest coal mine

The Arshanovsky open cut mine is expected to yield 10 million tonnes of coal a year once at full capacity.

Charges against former Uralkali CEO dropped, potash price war imminent

Cecilia Jamasmie | February 22, 2015
Charges against former Uralkali CEO dropped, potash price war imminent

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.

Global insecurity is good for gold, says Mike Niehuser

The Gold Report | February 16, 2015
Gold price goes for $1,300

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.

More »