Russia and Central Asia Archives - MINING.COM

Copper $ 5.9125 / lb 1.81%

Brent Crude Oil $ 63.49 / bbl 1.31%

Palladium $ 1886.5 / ozt 3.09%

Crude Oil $ 59.37 / bbl 1.66%

Natural Gas $ 3.338 / Btu -2.11%

Silver Futures $ 79.875 / ozt 4.17%

Aluminum Futures $ 3101.25 / ton 1.76%

Micro Gold Futures $ 4516.6 / ozt 0.61%

Micro Silver Futures $ 79.86 / ozt 4.13%

Platinum $ 2307.1 / ozt 1.06%

Gold Futures $ 4516.3 / ozt 0.60%

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Russia and Central Asia

Mercuria redoubles metals push with $1.2 billion Kazakh deal

January 8, 2026

Mercuria redoubles metals push with $1.2 billion Kazakh deal

The group is lending $1.2 billion to help fund the buyout of major Kazakh copper producer Kazakhmys.

Azerbaijan’s oil fund earned more than $10B from gold investments, president says

January 5, 2026

Azerbaijan’s oil fund earned more than $10B from gold investments, president says

The country took a strategic decision last year to boost its gold reserves.

Botswana to open embassy in Moscow, open up to Russia in rare earths and diamonds

January 4, 2026

Botswana to open embassy in Moscow, open up to Russia in rare earths and diamonds

Russia is seeking to strengthen its foothold in Africa amid the wider confrontation with the West.

Russia says stake in gold producer UGC to be put up for public auction soon

December 30, 2025

Russia says stake in gold producer UGC to be put up for public auction soon

In July 2025, a Russian court ruled that the majority stake in UGC should be seized and transferred to the state.

Top stories of 2025 on MINING.COM

December 30, 2025

Top stories of 2025 on MINING.COM

Critical minerals and gold were the two big themes shaping the mining industry in 2025.

Nornickel believes 2026 will bring dividends, CEO says

December 27, 2025

Nornickel believes 2026 will bring dividends, CEO says

Nornickel did not pay full-year dividends for 2022, 2023 and 2024.

Alrosa flags smaller-than-expected decline in annual diamond output

December 23, 2025

Alrosa flags smaller-than-expected decline in annual diamond output

Alrosa is the world's largest producer of diamonds, accounting for around a third of global output.

ERG signs long-term gallium supply deal with Mitsubishi

December 20, 2025

ERG signs long-term gallium supply deal with Mitsubishi

Kazakhstan, which currently produces no gallium, is set to become the world's second-largest producer.

Glencore’s Kazzinc said to open up metal sales to rival traders

December 19, 2025

Glencore’s Kazzinc said to open up metal sales to rival traders

The miner has reportedly issued a tender for the entirety of its 2026 copper production.

Indonesia may slash nickel output to steady prices

December 17, 2025

Indonesia may slash nickel output to steady prices

The Indonesian government is proposing a 34% reduction in production from this year’s total to 250 million tonnes next year.

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Chinese demand for copper vanishes after prices hit record

Chinese demand for copper vanishes after prices hit record

A Mysteel Global survey showed that about 60% of the firms making copper rod for electricity transmission cut or shut production over the month.

January 09, 2026 | 07:44 am

Gold price surge boosts Swiss National Bank’s profit

Gold price surge boosts Swiss National Bank’s profit

The provisional figure was down from the record 80.7-billion-franc profit in 2024, but still ranked among the top five in the SNB's 119-year history.

January 09, 2026 | 07:32 am

IPO of India’s top coking coal miner oversubscribed on first day

IPO of India’s top coking coal miner oversubscribed on first day

Bharat Coking Coal's $118.7 million IPO drew bids for 1.72 billion shares, nearly five times the shares on offer.

January 09, 2026 | 07:24 am

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