December 10, 2024

Polyus says sanctions will double cost of Siberian gold deposit

The cost of developing Sukhoi Log in Siberia has nearly doubled to $6 billion due to Western sanctions.

December 6, 2024

Ukraine’s key coking coal mine still operating as Russians close in

The potential closure of the Pokrovsk mine could cause steel production to slump to 2-3 million metric tons next year.

December 5, 2024

Nornickel’s largest investor Interros objects to Rusal lawsuit over dividends

Rusal first filed the lawsuit in 2022, alleging that Nornickel CEO Vladimir Potanin had violated their shareholder agreement.

December 3, 2024

RG Gold said to consider stake sale to fund growth

RG Gold is developing one of the largest single-gold deposits in Kazakhstan.

November 28, 2024

Oman firm replaces sanctioned Alrosa in Angolan diamond miner

Alrosa, which held a 41% interest in the Catoca operation, has been sanctioned by the US, EU and their allies.

November 28, 2024

Nornickel sees new technologies sustaining China’s palladium demand

Nornickel is testing several technologies in areas such as hydrogen production and water purification.

November 28, 2024

Kazatomprom’s Q3 profit more than doubles year on year

The company posted a profit of $336.9 million.

November 27, 2024

Mining CEO salaries rise, but gender diversity remains elusive, report finds

Chief executive base salaries in the mining industry increased between 2% and 12% in 2023, the report says.

November 27, 2024

Botswana to become certifier in G7 Russian diamond ban

Major African producer will join Antwerp as an origin certifier of rough diamonds for export to the group.

November 26, 2024

China’s seaborne coal imports fall sharply amid shift to Russia, Mongolia supply

China has seen its market share of seaborne coal imports fall sharply over the past two years, down from the 93% between 2015-2022 to 76% in 2023-2024.