November 21, 2024 Russia to continue buying diamonds through state fund in 2025 The Russian budget for 2025-2027 has set aside $1.55 billion for the purchase of precious metals and gems.
November 21, 2024 Alrosa plans production cuts and staff reduction for 2025 The miner may cut its labor costs by 10%, which could involve layoffs among its 35,000 staff.
November 20, 2024 Gold price rises for third straight day on Russia-Ukraine fears Gold is up approximately 28% year to date, with gains underpinned by central bank buying, the Fed’s pivot and geopolitical tensions.
November 20, 2024 Putin scolds Tomtor rare earth deposit’s operator over development delays Located in the north of the Siberian region of Yakutia, Tomtor is a key project in Russia's plans to boost output of rare earth.
November 18, 2024 Centrus says Russia canceled TENEX’s licence to export low-enriched uranium to US Russia, the world's largest supplier of enriched uranium, said last week it had imposed temporary restrictions on the fuel's export to the US.
November 18, 2024 Wagner Group linked to $2.5 billion in illicit gold trading — report Globally, artisanal and small-scale gold mining accounts for about 20% of annual gold production.
November 15, 2024 Russia takes aim at US nuclear power by throttling uranium Limits creates potential supply risks to utilities operating American reactors that generate almost a fifth of the country’s electricity.
November 15, 2024 Solidcore completes acquisition of 55% share in Kazakhstan tin deposit Solidcore said in October it agreed to buy a share in Syrymbet deposit from Lancaster Group.
November 13, 2024 Exploration spending to stay flat despite Trump pledges, strong gold prices, S&P says The cautious outlook comes as global exploration budgets for nonferrous metals declined by 3% in 2024.
November 12, 2024 Navoi Mining to boost waste processing capacity at HMP-7 plant The processing of technogenic waste at HMP-7 would significantly reduce the production costs of the plant's output.
EU risks slow demise of aluminum industry if carbon tax not scrapped, Constellium CEO says The upcoming tax - coupled with concerns over supply - has pushed up European premiums for physical metal to a 10-month high. December 05, 2025 | 10:47 am