June 5, 2023

Polymetal considers divestment of Russian business

The gold and silver producer said move would follow the resignation of senior managers from Russia-related duties after US sanctions.

May 25, 2023

From Russia with gold: UAE cashes in as sanctions bite

Records show the Gulf state imported 75.7 tonnes of Russian gold worth $4.3 billion - up from just 1.3 tonnes during 2021.

May 22, 2023

Dubai Diamond Exchange, Sotheby’s unveil world’s largest ruby

The Estrela de FURA – a 55.22 carat stone – is expected to fetch in excess of $30 million.

May 22, 2023

Russia raises aluminum exports to China to near record levels as sanctions bite

Russian sales of refined aluminum to China nearly trebled in April from the previous year.

May 22, 2023

Polymetal plays down scope of sanctions as London-listed shares tank

Polymetal's Russian operations accounted for around two-thirds of the group's revenue in 2022.

May 20, 2023

US imposes sanctions on some of Russia’s biggest gold miners

Polyus and Polymetal were targeted, according to a statement Friday.

May 19, 2023

Half of the coal-fired power plants announced worldwide unlikely to be built — study

A study by Mercator found that 50% of the coal-fired power plants that were planned to come online in the next few years will fail to do so.

May 16, 2023

Aluminum trader’s huge LME position ignites battle for stock

IXM, owned by China’s CMOC Group, has built up an unusually large position in the LME’s aluminum contract for delivery tomorrow.

May 16, 2023

Russia uranium deal caused manager exodus at Kazakh mining giant

Russia accounts for half the world’s uranium enrichment capacity but relies on imports of Kazakh ore to supply its plants.

May 13, 2023

The Russian nuclear company the West can’t live without

Germany's Nukem Technologies is a niche player in Rosatom’s global empire.