Russia and Central Asia Archives - MINING.COM

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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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Portugal’s government backs Savannah’s lithium mine with $128M grant

Portugal’s government backs Savannah’s lithium mine with $128M grant

The company said around €82 million of the non-reimbursable grant would fund the initial capital expenditures of the project in Portugal's Barroso region.

January 09, 2026 | 12:14 pm

Trump, Congress move to overturn Minnesota mining ban

Trump, Congress move to overturn Minnesota mining ban

The big beneficiary would arguably be Chile's Antofagasta, whose Twin Metals unit has been trying to develop a massive copper-nickel mine on public land for decades.

January 09, 2026 | 10:21 am

Orano may seek investors for $5 billion nuclear fuel plant in US

Orano may seek investors for $5 billion nuclear fuel plant in US

Orano was awarded $900 million this week by the US government to build the facility.

January 09, 2026 | 09:12 am

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