January 31, 2024

Polymetal CEO says new shareholder will expedite Russian asset sale

Russian and Chinese companies were among interested buyers.

January 29, 2024

Russian tycoon’s investment group sells Polymetal stake to Omani-owned consortium

Polymetal International is seeking to sell its Russian assets, which were sanctioned by the US in 2023.

January 29, 2024

Nornickel forecasts further nickel, palladium output drop this year

The miner said it was hit by adverse geopolitical risks and postponed furnace repairs, following a drop in production in 2023.

January 27, 2024

Chinese engineers are keeping Russia’s metal furnaces firing

A $840-million coking plant in the steel town of Magnitogorsk is being built by a Chinese engineering giant and hundreds of Chinese workers.

January 23, 2024

Aluminum price jumps after report EU may sanction Russian metal

Prices rose as much as 3.6% on the London Metal Exchange.

January 21, 2024

Global inventory of world’s mines needed – researchers

Researchers say that about half of the world's mining impacts remain undocumented.

January 10, 2024

Saudi Arabia signs mining deals with four nations

The country also announced a $182 million mineral exploration incentive program.

January 10, 2024

Share of Russian aluminum in LME warehouses rises to 90% after UK curbs

The rise follows a restriction imposed by Britain on entities and individuals taking physical delivery of Russian-made base metals.

January 10, 2024

Uranium miners surge on $500 million US enrichment push

The Energy Department is requesting proposals from US companies to produce a type of fuel known as high-assay low-enriched uranium.

January 9, 2024

US seeks to jumpstart production of higher-energy uranium now made in Russia

The US is seeking bids from contractors to help establish a domestic supply of a uranium fuel enriched to higher levels.