November 26, 2024 Diamond miners face turning point amid weak prices — report McKinsey & Co. consultants say current downturn presents significant challenges, but it also offers a chance for reinvention.
November 26, 2024 Alrosa announces new agreement with Russian state diamond fund The fund will receive the new diamonds by the end of 2024.
November 25, 2024 Rusal to cut aluminum output by 6% Rusal said disruption to bauxite supplies from Guinea and Brazil and output suspensions in Australia contributed to a surge in alumina prices.
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.
Copper price set for biggest annual gain since 2009 on supply bets The red metal has notched a series of all-time highs in an end-of-year surge, rallying over 40% on the London Metal Exchange this year. December 31, 2025 | 10:31 am
