New US sanctions more likely to curb Indian imports of Russian coal
New US sanctions on Moscow are more likely than previous ones to cut Indian imports of thermal coal from Russia because they specifically cite top exporters SUEK and Mechel, three major traders of Russian coal said.
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Visit: 75
Metals sanctions are dividing the biggest traders and banks
The latest UK sanctions on Russia are creating new faultlines across the global metals world, in the latest example of how the fallout from the war in Ukraine continues to ripple through commodity markets while creating opportunities for those willing to navigate the restrictions.
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Visit: 220
Aluminum price jumps after report EU may sanction Russian metal
Aluminum rallied in London after Politico reported that the European Union is considering sanctions on Russian aluminum ahead of the second anniversary of the invasion of Ukraine.
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Visit: 93
Russia says it will have no trouble skirting latest EU sanctions
Mining News Pro - Russia said on Tuesday it would have no difficulty skirting the latest package of EU economic sanctions, which notably target its diamond exports.
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Visit: 131
LME faces fresh worries about Russian metal after UK sanctions
Mining News Pro - New UK sanctions on Russian metals have caused confusion among traders and raised fresh worries that the London Metal Exchange could be overwhelmed by a glut of unwanted Russian aluminum.
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Visit: 126
Palladium price surges 12% as UK sanctions target Russia metals
Mining News Pro - Palladium headed for its biggest gain since March 2020 as the UK government targeted Russian metals — but not palladium — with new sanctions.
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Visit: 78
US sanctions Russian metals magnate Sviblov and gold, zinc firms
Mining News Pro - The US imposed sanctions on Russian mining magnate Vladislav Sviblov and several mining companies connected to him, including one that’s developing one of the world’s largest zinc mines.
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Visit: 109
Orano halts uranium treatment in Niger because of sanctions on junta
Mining News Pro - French nuclear group Orano SA is halting the processing of uranium ore at one of its facilities in Niger because international sanctions against the military junta are hampering logistics.
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Visit: 191
Polymetal plans to sell Russian assets under sanctions in 6-9 months
Mining News Pro - Gold and silver producer Polymetal International, which had planned to separate its Russian and Kazakh businesses, now intends to sell assets in Russia under US sanctions within six to nine months, CEO Vitaly Nesis said on Wednesday.
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Visit: 184
From Russia with gold: UAE cashes in as sanctions bite
Mining News Pro - The United Arab Emirates has become a key trade hub for Russian gold since Western sanctions over Ukraine cut Russia’s more traditional export routes, Russian customs records show.
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Visit: 322
Polymetal plays down scope of sanctions as London-listed shares tank
Mining News Pro - Gold producer Polymetal International PLC sought to play down the impact of US sanctions on its Russian operations as its London-listed shares tanked on Monday, emphasizing that the restrictions did not affect its business outside Russia.
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Visit: 141
Russia raises aluminum exports to China to near record levels as sanctions bite
Mining News Pro - China, the biggest producer of aluminum globally, is importing more of the lightweight metal from Russia, underscoring how trade ties are strengthening between the two nations as sanctions curb much of the rest of the world’s appetite for Russian commodities.
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Visit: 178
US imposes sanctions on some of Russia’s biggest gold miners
Mining News Pro - The US has sanctioned some of Russia’s biggest gold miners, as it imposes fresh penalties on the country’s metals and mining sector.
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Visit: 205
G7 to discuss diamond trade with future Russia sanctions in mind
Mining News Pro - Leaders of the Group of Seven (G7) nations will discuss how to trace Russian diamond trade at a summit this week with the aim of imposing restrictions at a later stage, an EU official said on Thursday.
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Visit: 142
Export development is the best way to support industries during sanctions
Mining News Pro - Chief executive of MSC said that export is one of the important aspects of the country.
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Visit: 148
could Russian mining mergers counter Western sanctions?
Mining News Pro - In response to Western sanctions, Russian miners have looked towards merging to create companies strong enough to resist economic penalties. Nnamdi Anyadike investigates.
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Visit: 622
Russian diamonds are quietly flowing again after sanctions chaos
Mining News Pro - The panic that gripped the diamond world this year is starting to unwind as sanctioned Russian mining giant Alrosa PJSC has quietly revived exports to near pre-war levels.
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Visit: 647
Chile to ‘sanction’ those responsible for sinkhole near copper mine
Mining News Pro - Chile will seek to apply harsh sanctions on those responsible for a huge sinkhole near a copper mine in the country’s north, the mining minister said on Monday.
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Visit: 783
Sanctions push Petropavlovsk to the brink
Mining News Pro - Russian miner Petropavlovsk plans to file for administration after sanctions on Gazprombank, its main lender and the sole buyer of its gold, left it unable to repay loans and placed it among the first listed companies to face collapse because of the Ukraine war.
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Visit: 504
Putin warns West: sanctions risk energy price spike catastrophe
Mining News Pro - President Vladimir Putin warned the West on Friday that continued sanctions against Russia over the war in Ukraine risked triggering catastrophic energy price rises for consumers around the world.
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Visit: 729
Russia’s Potanin weighs big metals merger as defence against sanctions
Mining News Pro - Russian businessman Vladimir Potanin has said he is ready to discuss a possible merger between his mining group Nornickel and aluminium producer Rusal, a move that could strengthen their defences against any possible Western sanctions against them.
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Visit: 705
Alrosa nixes dividend as economic sanctions bite
Mining News Pro - The board of Russian diamond major Alrosa (MCX: ALRS) has suggested shareholders vote to receive no dividend for 2021 during the upcoming general meeting.
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Visit: 1081
Metals traders ‘self sanction’ key Russian palladium, disrupting markets
Mining News Pro - A reluctance by precious-metals traders to handle Russian-produced palladium is creating an unusual and persistent dislocation between the world’s two main markets.
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Visit: 572
Global diamond trade fractures under the weight of Russia sanctions
Mining News Pro - Russia’s invasion of Ukraine is fracturing a billion-dollar trade that spans the permafrost-laden diamond mines of Siberia, secretive trade houses in Antwerp, dusty polishing powerhouses in India and New York’s glittering designer jewelry stores.
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Visit: 922
How a sanctioned Russian company gained access to Sudan’s gold
Mining News Pro - Dozens of battered trucks laden with gold-bearing ore snake their way across the desert in northeastern Sudan and dump their loads at a compound on the outskirts of the town of Atbara.
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Visit: 627