As part of the International Exhibition and Forum "Russia" at VDNKh, Aluminum Days have started - they will be held on February 28-29, 2024.
Selenojunoite was discovered at the Srednyaya Padma uranium-vanadium deposit on the Zaonezhsky Peninsula
The management of the Australian mining and metals corporation Rio Tinto has approved an investment of $6.2 billion in a project to develop the Simandou iron ore deposit in Guinea.
The company published data only in relative terms, information in tons is not available. However, at the end of 2022, the company produced 3.56 thousand tons of raw materials. Taking into account the growth of 14% last year, the volume should have exceeded 4 thousand tons.
Gold rose toward $2,030 an ounce on Thursday, extending gains for the sixth straight session as the dollar weakened on growing uncertainties about the US interest rate outlook.
The assets of gold miner Polymetal were valued at $3.69 billion. The transaction itself will be carried out in Russian rubles with the help of companies that are not subject to sanctions.
Moscow. February 19th. INTERFAX. Anglo American Platinum (Amplats), the world's largest platinum producer, recorded a drop in profits and revenue in 2023, which is why it decided to sharply reduce dividends and warned about the possible dismissal of more than 4.3 thousand employees.
Rare earth prices decrease due to weaker downstream demand and increased global production outside of China. Discovery of rare earth reserves in Wyoming presents an opportunity for the US to reduce reliance on Chinese imports and enhance domestic supply chains. China imposes restrictions on rare earth exports and technology, aiming to maintain its dominance in the market, leading to uncertainty and volatility in global prices.
Upon completion of geological exploration, Russia will begin preparations for pilot industrial mining of ferromanganese ores at the bottom of the World Ocean.
Angola is forcing the Russian diamond mining group ALROSA (MOEX: ALRS) to withdraw from the share capital of Sociedade Mineira de Catoca (owned by ALROSA and the Angolan state-owned company Endiama), writes the local publication Expansao.