Russia and CIS

Ivanhoe and Altynalmas boost resource at Bakyrchik

A 50% increase in indicated resources at the Bakyrchik deposit “bodes well” for the definitive feasibility study that is due out in the second quarter of 2011, Altynalmas Gold and Ivanhoe Mines (IVN-T, IVN-N, IVN-Q) say.




Yellowcake uranium mined by ARMZ from deposits in Kazakhstan.

Moscow’s ARMZ starts marketing itself

Like the Anna character in the Rodgers and Hammerstein musical The King and I who sings ” Getting to Know You” as she tries to build relationships with the wives and children of the King of Siam, Vadi…




Fortress accepts Polymetal’s offer for Svetloye

Offering US$9.25 million in cash, Russian gold-silver producer Polymetal (MICEX-L) has trumped an earlier offer by MacRitchie Metals for a 100% stake in the Svetloye gold project owned by Vancouverbas…




ARMZ to take control of Uranium One

Russian state-owned miner JSC Atomredmetzoloto (ARMZ) has signed a deal to acquire a majority stake in Uranium One (UUU-T) in exchange for its interest in two uranium mines in southern Kazakhstan and …




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