August 10, 2020

Nornickel co-owner: shareholder agreement is a relic of the past

The agreement gave shareholders additional tools to control Nornickel, including a veto for major stakeholders on certain deals and financial control.

August 10, 2020

Alrosa digs up Russia’s largest coloured diamond

The 236-carat amber rough stone is the largest coloured diamond ever mined in Russia.

August 9, 2020

Russia on track to become world’s top gold producer by 2029 – report

An analysis by Fitch Solutions states that strong domestic demand for gold will underpin increasing gold production in Russia.

August 7, 2020

Russian Arctic peoples appeal to Elon Musk for Nornickel boycott

Group of indigenous people asked Tesla Inc’s Elon Musk to stop buying supplies from miner until the company compensates them for environmental damage to their ancestral lands.

August 6, 2020

Gold price breaks new record

Gold reached a new all-time high of $2,069.21/oz Thursday, while gold ETF holdings continue to rise.

August 6, 2020

Arctic wastewater dump near Russia’s Norilsk was toxic, says Greenpeace

Water samples taken in Russia’s Arctic at the site of a wastewater dump by mining giant contained 50 times the permitted level of toxic substances, said the environmental group.

August 6, 2020

UK to invest in Europe’s first geothermal lithium recovery plant

The project is a collaboration between Geothermal Engineering and Cornish Lithium.

August 6, 2020

New global tailings standard guidelines aim for zero harm

The first-ever Global Industry Standard on Tailings Management is aimed at strengthening current best practices around tailings dams in the mining sector.

August 6, 2020

Glencore posts $2.6 billion loss, scraps dividend

The miner and commodities trader will focus on debt reduction.

August 5, 2020

INTERVIEW – John Reade, Chief Market Strategist, WGC

From an investment perspective, the North American market and Europe have been particularly active.