LME bans placement of Russian nickel in UK warehouses
The exchange believes there is a significant risk of high additional costs for buyers of Russian nickel from UK warehouses.
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Petropavlovsk to divest Russian mining assets to UMMC
The sale includes Petropavlovsk’s facility, which extracts gold and other metals from difficult-to-process ore.
Russia mulls stockpiling metals to help domestic steelmakers
The stockpiled metal is expected to help reduce pressure on the domestic market in the event of commodity price hike.
Gold producer Polymetal looks to offload Russian assets
The sale forms part of the firm’s plan to primarily focus on its operations in Kazakhstan.
Norilsk and Rusal consider $60bn merger to form Russian metals giant
The potential combination is expected to provide the firms 'extra stability against sanctions'.
EU considers new sanctions on gold import from Russia
Preparations are underway for new sanctions package against Russia to obstruct the country’s ability to fund armed forces.
Russia’s Polyus to acquire Chulbatkan gold deposit from Highland Gold
The Chulbatkan project has potential to produce around 2Moz of gold during its mine life of seven years.
Kinross divests Russian assets to Highland Gold at half the set amount
The Canadian firm has received $300m in cash and is due to receive a $40m deferred payment.