Russia and CIS


BofA forecasts 4.7M tonne aluminium surplus

Bank of America Securities estimates global demand for aluminium will fall by 7.2% year-on-year in 2020 while supply will likely increase by 2%. Prices for the metal already have plunged…


A diagram of Planetary Resources' Arkyd 101 space telescope, which the company says will be developed within two years. Photo by Planetary Resources

Russia slams Trump’s order to mine Moon, asteroids

Russia’s space agency Roscosmos has condemned U.S. President Donald Trump’s order that encourages citizens to mine the moon and other celestial bodies for commercial purposes. The government body likened the…


A uranium hexafluoride cylinder loaded for shipping at Cameco's conversion facility in Port Hope, Ontario. Credit: Cameco

Cameco halts conversion facility in Ontario

Canada’s Cameco (TSX: CCO; NYSE: CCJ), the world’s largest publicly traded uranium miner, is placing its plant at the Port Hope conversion facility in Ontario in a temporary safe shutdown…


Editorial: Sinking in a sea of red

The economic fallout from COVID-19 is mounting sharply. Last week, unemployment claims in the United States hit a record 6.6 million, up from 3.3 million the previous week, and the…


Nordgold takes stake in Cardinal Resources

Privately held Nordgold has taken a 19.9% stake in Cardinal Resources (TSX: CDV; ASX: CDV), which is advancing its Namdini gold project in Ghana. The Russian gold miner, whose non-executive…



Trucks in Centerra Gold's Kumtor gold mine in Kyrgyzstan. Credit: Centerra Gold.

Centerra receives permits to restart Kumtor

Centerra Gold (TSX: CG) has received approvals and permits to restart open-pit mining at its Kumtor operation in the Kyrgyz Republic. The Kyrgyz state agency has approved Centerra’s 2020 mine…




Why 2020 could be a better year for diamonds

Following a strong first half of 2018, the balance of the year and most of 2019 was disappointing for the diamond industry. The most recent 18-month stretch has been described…



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