Russia Mining News

Palladium smashes $1,500 as shortages to aid Nornickel, Amplats

Tighter emissions rules are “outweighing the weakness in global auto sales and the growing threat from EV's.

Chinese traders freeze Australian coal orders amid 40-day customs delays – sources

Tension between Beijing and Canberra has grown in recent months over issues of cyber security and China's influence in Pacific island nations.

Heart-shaped diamond found in time for Valentine’s Day

The unusual gem found by Alrosa weighs 65.7 carats.

Russia says its gold output rose to 314 tonnes in 2018

In the previous year, Russia's gold output was 306.9 tonnes and silver output 1,044.3 tonnes.

Kamaz trucks now have computer vision eyes

Vist Group launched a robotized towing truck project together with Nazarbayev University and Russian truck maker Kamaz.

Alrosa exhibits largest pink diamond ever found in Russia

The Russian miner sees encouraging prospects from colourful diamonds, market in which it aims to become the world’s leader.

Alrosa sales fell in January

Diamond sales dropped by 44% year-on-year in the first month of 2019.

Russia's central bank to pay less for domestic gold from May

Russia has overtaken China to become the world's fifth largest state holder of gold.

As Maduro digs in, his aides hunt for emergency escape route

Nicolas Maduro is under pressure at home and abroad, and being encouraged by the U.S. to go to “a nice beach somewhere far from Venezuela.” The question is where would -- or could -- he go?

Russia's Polyus reports jump in profit on rising gold sales

The country's largest gold producer reported a 20% jump in fourth-quarter adjusted net profit to $291 million compared with last year, lifted by increased production and rising sales of the metal.

Nanosized diamond used to create super strong aluminum alloy

The resulting material is expected to be used in the maritime industry.

Russia's MMK says 2019 output volumes will remain flat

MMK expects healthy output volumes, and that the asset will not remain loss-making in 2019.

Russia’s Nordgold to invest over $360m in Guinea mine

The Russian gold producer has received a 15-year mining permit for its Lefa mine.

The new Cold War and gold

The best defense against the repercussions of a mounting pile of debt, and the new cold war, is to own gold - the traditional safe haven.

Central bank gold buying surges to 50-year high

Russia, Turkey and Kazakhstan remained key buyers throughout the year.  

Venezuela has 20 tons of gold ready to ship. Address unknown

I’m going to start bringing Russian and Turkish airplanes every week so everybody gets scared.

Russia’s Alrosa finds its largest diamond in over two years

The 191.46-carat stone was found earlier this month at the company's Udachny mining and processing division.

Rusal shares soar, aluminium falls as U.S. lifts sanctions

Members may freely enter into contracts with Rusal and its affiliates.

GV Gold closer to being one of Russia’s top 5 bullion miners, output up 36%

The company churned out 304,400 ounces of gold last year, 36% more than a year earlier and a whooping 85% increase when compared to 2017.

'Huge' fire at Russian steelmaker MMK; quickly put out

The plant's conveyor belt caught fire Sunday morning.

Slow growth for Europe's mining sector — report

In Q2 2019, analysts expect investment levels across the European mining sector will be sluggish.

Russia's Alrosa, China’s Anjin to dig for diamonds in Zimbabwe

World’s top diamond producer by output Alrosa and China-owned Anjin are the two foreign companies chosen by Zimbabwe's government to partner the state-diamond miner in exploring and digging up diamonds.

Alrosa names new executive to lead US business

Rebecca Foerster, former Vice President of Strategic Planning and Marketing at Leo Schachter Diamonds, was appointed President of Alrosa USA Inc.

Alrosa made big bucks at international auctions

Given the positive feedback received following two sales events in New York, the company decided to increase the number of auctions in the United States this year.

ALROSA earns $463m at international auctions in 2018

Alrosa traditionally holds its auctions in Russia, Belgium Israel, Hong Kong, the United Arab Emirates and the United States.