In the next three years, the Urals will launch production using new technology to extract rare earth metals from uranium ore.

13:00 07/10/2011 Russia's state-owned diamond monopoly Alrosa may hold an initial public offering at the end of 2012 or the beginning of 2013, Vice President Igor Kulichik said on Friday.>>

Highland Gold Mining, which mines gold in Russia, saw its first half net profit to International Accounting Standards triple year-on-year to $70.3 million, as the average sales price increased 25 percent, the firm said on Tuesday. Production increased

Rescuers have brought to surface the first miner, trapped underground as a result of a landslide that occurred at a coal mine in Russia's republic of Komi, Vorkutaugol spokesman Yevgeny Sukharev said on Sunday. Three miners had been trapped underground as as a result of a landslide that occurred at a coal mine in Russia’s republic of Komi on Saturday, emergencies services said. Seventy miners out of the 73 who were working at the Severnaya mine when the landslide occurred.

Three miners have been trapped underground as as a result of a landslide that occurred at a coal mine in Russia's republic of Komi on Saturday, emergencies services said. Seventy miners out of the 73 who were working at the Severnaya mine when the landslide occurred at around 6 pm local time (14:00 GMT) during a shift change. The three trapped miners are alive, an emergencies services official said. "Rescuers have established connection with one of the trapped miners," he said. "We know for sure that he is alive. He made it clear by rapping that his two colleagues are also alive."