February 11, 2024

New method could simplify detection of diamond deposits

Geologists have established a link between diamond occurrence and the mineral olivine.

February 9, 2024

Nornickel’s 2023 profit slumps 51% on falling metal prices

Nornickel expects a further decline in its nickel and palladium output this year, due to geopolitical risks and postponed furnace repairs.

February 7, 2024

Some Russian banks may have swapped gold for dollars, report says

Russia has faced a shortage of dollars and euros as it’s increasingly shut out of the western financial system.

February 5, 2024

Fire damage, sanctions delay start of new Russia zinc mine

The Ozernoye zinc mine, which would be Russia's largest, has been hit by the Western sanctions.

February 3, 2024

Putin signs decree allowing transactions with Russneft shares

Glencore previously owned around 24% of Russneft's share capital.

February 1, 2024

Uranium stocks extend surge after Kazakh miner cuts output

Kazatomprom lowered its guidance for production for this year by 12% to 14%.

January 31, 2024

Gold demand to hit record with central bank buying, WGC says

Overall consumption climbed by about 3% to 4,899 tons last year, supported by strong demand in the OTC market, the World Gold Council says.

January 31, 2024

Swiss ban Russian diamond imports, joining latest EU sanctions

Bern has agreed to adopt the 12th round of sanctions implemented by the EU in December.

January 31, 2024

Metals sanctions are dividing the biggest traders and banks

The latest UK sanctions on Russia are creating new fault lines across the global metals world.

January 31, 2024

Russian oligarch Potanin wins divorce claim appeal, case continues

A claim by Potanin's ex-wife to a share of his stake in Nornickel can continue in court, despite the businessman winning an appeal.