December 7, 2023

Russian uranium import ban teed up for US House floor vote

Russia supplied almost a quarter of the enriched uranium used to fuel America's fleet of over 90 commercial reactors last year.

December 6, 2023

G7 to ban Russian diamonds, announce measures on price cap, assets

The group is expected to announce a direct ban as of Jan. 1.

December 5, 2023

EV boom drives miner’s $100 million hunt for new palladium uses

Nornickel will invest the money through 2030 at its research and development center that works on new products.

December 4, 2023

Nornickel raises forecasts for global nickel surplus, palladium deficit in 2023

The company expects a global nickel surplus of more than 250,000 metric tons this year, up from previous estimates of 200,000 tons.

December 4, 2023

Ex-FBI leader advises Fenix mine in Guatemala after US drops sanctions

Louis Freeh, who ran the bureau from 1993 to mid-2001, is leading Alix Partners in advising Swiss company Solway on revamping governance at the Fenix complex.

November 24, 2023

Nornickel to pay $18m to drop its stake in nickel JV in South Africa

Nickel prices in London are heading for a 46% fall this year, the largest slump since the financial crisis in 2008.

November 23, 2023

Uranium sector ‘scrambling’ to fill supply gap

The price of uranium will hit triple-digits for the first time since 2007 as nations weaning off oil and seeking energy security deplete nuclear fuel supplies, says investment fund.

November 22, 2023

Russian gold miner Uzhuralzoloto raises $78 million in Moscow IPO

Russia's fourth-largest gold miner has shrugged off British sanctions on its owner, Konstantin Strukov, to push ahead with the listing.

November 22, 2023

Ukraine’s coal mines turn to women to solve wartime staff shortages

After more than a thousand of its workers went to fight Russia's invasion, a coal company decided to allow women to work underground for the first time in its history.

November 22, 2023

Mali signs agreement with Russia to build gold refinery

The accord involves building a 200-tonnes-per-year refinery.