Russia Mining News

ALROSA – official partner of the Eastern Economic Forum

PJSC ALROSA, the world leader in diamond mining, will participate in the Second Eastern Economic Forum on September 2-3, 2016, as its official partner.

Scott Close: Eurasian Minerals is a royalty generator

Scott Close of Eurasian Minerals sits down with Maurice Jackson of Proven and Probable to discuss the virtues of partnering and owning shares in one of the industry’s premier Prospect Generators.

If you own no gold, you may want to buy some — Jeffrey Nichols

Nichols, a senior economic advisor to precious metals asset firm Rosland Capital, is on board of the bull wagon — he expects the metal price to rise before Jan 1. 2017.

India to tap into Russia’s undeveloped coal, iron ore deposits

Cooperation agreements between the nations would guarantee India fresh supply of Russian coal, liquefied natural gas (LNG), diamonds and fertilizers.

ALROSA joins the Responsible Jewellery Council

The Responsible Jewellery Council is an international not-for-profit organization, which focuses on enhancing consumer confidence in the jewellery industry and promoting of responsible business practices.

Hedge funds up bullish platinum, palladium bets near record

Large scale futures speculators and PGM investors in physically-backed exchange traded funds are taking wildly different views of the outlook for the metals.

Diamond giant Alrosa unearths 136.24-carat rock

Currently unnamed, the stone is one of the largest diamonds ever recovered at the Nyurbinskaya open-pit mine.

$60 iron ore price see Australia, Brazil lose market share

Report shows higher ore prices have encouraged the likes of Iran, Russia and Mongolia to increase shipments to China at faster pace than dominant players.

China and Russia continues to buy into bullion

The rush to buy gold continues as major economies add to reserves.

Losses persist at Kinross

Second quarter revenues beat estimates and Toronto-based gold miner sticks to record output prediction for 2016.

China signs long-delayed potash deal with Belarus at 30 pct less than last year’s price

Analysts see the long-awaited deal to sell potash to Chinese buyers as good news for the beleaguered sector, even though the agreed price is dramatically lower than last year’s.

Diamond giant Alrosa unearths massive 214.65-carat rock

It measures 42.11 by 34.26 by 16.07 mm, and is translucent with a grey hue.

Russia gets $813m for stake in diamond company Alrosa

The sum obtained after selling 10.9% of the state-controlled diamond producer will be used to cut budget deficit, the government said.

China, Russia mull setting joint gold mining fund

The new investment fund would focus on financing gold mining projects in eastern Russia.

BHP said to be after Potash Corp again

BHP has been developing its own Canadian potash mine — the Jansen project — in Potash Corp's backyard, and has already invested about $3.8 billion on it.

Alrosa gets own security force

Diamond giant will save Russian state millions each year when it takes over security duties at remote mines.

ALROSA to establish own security service

PJSC ALROSA, the world leader in diamond mining, has announced that it was authorized to establish a departmental security service to protect the Company's production facilities.

Is there a future for the Russian coal industry?

It is an open secret that the global electric power industry of which the coal industry forms a part is experiencing a system-wide reduction in both volumes and prices of energy resources.

Russia-Belarus potash pact may stage a comeback

Belarus has said it might cooperate with Uralkali, in the first sign the two sides might work together since the Russian potash producer broke off their business alliance in 2013.

Alrosa unearths 241.21-carat diamond, one of largest ever found in Russia

The rock was found at its Nyurbinsky open-pit mine, in operations since 2001.

ALROSA prepares vehicles for the development of Verkhne-Munskoe deposit

PJSC ALROSA, the world leader in diamond mining, has announced that new motor vehicles were accepted into service in the run-up to the development of Verkhne-Munskoe deposit.

ALROSA launches children's rest and recreation campaign

ALROSA, the world leader in diamond mining, will send over 2.5 thousand children of the Company's employees on vacation to Russia's health resorts during the summer holidays.

Russia's Alrosa to hold US, UK investor meetings ahead of stake sale

The Russian government aims to make more than 60 billion roubles ($909 million) from selling a 10.9 percent stake in Alrosa, with the sale taking place on the Moscow Exchange this year.

Think beyond oil and gold: Interview with Mike 'Mish' Shedlock

There are other plays. Think electric vehicles and even driverless cars. Find what's undervalued now and get in on some of the games that will dictate glorious future wealth.

Alrosa vice president Andrey Polyakov assumes world diamond council's presidency

The World Diamond Council brings together representatives of the entire international diamond industry supply chain, from mining through retail.