Russia Mining News

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.

Russia approves plan to sell stake in diamond giant Alrosa

The miner, along with fellow Russian firms Rosneft, VTB Bank and Bashneft are among the most likely candidates for privatization this year.

Intrepid Potash idles US mine, lays off hundreds

The Denver-based potash miner is placing its West facility in New Mexico in "care and maintenance” beginning July.

This is the first and only miner upgraded this year

Mining's marquee names have had their credit investment ratings slashed or reduced to junk. This diamond company is defying the downturn.

RBC wants over $7 million for job they didn’t do: Crew Gold

Canada's biggest bank is suing former client Crew Gold over a fee the lender claims it should have been paid by the mining company.

Big boost for world's top diamond miner

Moody's upgrades Alrosa credit, praising Russian firm's low-cost reserve base, technical mining expertise, solid liquidity and conservative financial policy.

Miners spending again: $50 billion capex in five months

Confidence returns to mining sector as announced capital outlays surge to $108 billion – greenfield project spending up three-fold in first quarter.

Potash miners hit by increased competition, supply amid low prices

Analysts, companies expect prices to stay below 2015 levels for at least the next two years.

Slow growth, production cuts, divestment expected for Europe mining sector

Analysts outline five key themes resources companies in Europe will have to deal with in the next few months.

Canadian potash companies lack major 2016 supply deal

Not only Canadians, but also producers from Russia and Belarus have yet to sign 2016 contracts with Chinese importers.

Alrosa forecasts brighter times for diamond sector

The Russian firm, which together with De Beers controls almost two-thirds of the diamond market, is being prepped for privatization.

The uranium shakedown: How Mongolia and Russia conspired against western investors (Part 1 of 3)

The curious case of Khan Resources exposes how Mongolia seized uranium mine deposits from their Canadian legal owner and transferred them to Russian government control. And with elections imminent, the Mongolian government is now trying to clean up the mess. (Part One of a Three Part Series)

Diamond dedicated to mothers of Russia

Company President Andrey Zharkov signed an order to give to the fact of a gem-quality diamond extraction the name Mothers of Russia.

Gold-buying spree makes of Russia the world's largest consumer

The country's central bank added 356,000 ounces of the precious metals to its reserves in February.

ALROSA opens a branch in Russia's far East

ALROSA Supervisory Board approved the decision to open a branch in Vladivostok. It is the first step on the way to creating Russian Diamond Centre in the Primorye Territory.