U.S. cable: Russian paramilitary group set to get cash …

The Wagner Group, a paramilitary organization linked to Russia, is expanding its mining projects in Africa to bring in millions to prop up its military operations in Ukraine, according to a ...

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What's happening to Russian gold?

Effectively a ban means it prevents Russian mining companies and banks, ... Russia is the world's second largest gold-producing nation and its exports of the precious metal to the London …

Major Russian gold miner opts for exports versus

At the end of March, Russia's central bank resumed its gold purchases from local banks and said that it would be buying the precious metal at a fixed price of 5,000 …

Zelenskiy says deadly village missile attack was 'no blind …

Russia's horrific attack today on a village store in Hroza has killed over 50 civilians, including a 6 year old child. We will support Ukraine in holding Russia accountable for such barbaric ...

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U.S. Treasury Sanctions Russian Mining Sector, Goes After

By Andrea Shalal and Jonathan Landay. WASHINGTON (Reuters) -The U.S. Treasury Department on Friday slapped new sanctions on Russian banks and targeted its mining and metals sector, while going ...

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Russia has a wide range of natural resources that include coal, natural gas, oil, rare earth elements, timber, and strategic minerals. Globally, the country has the following credits in natural resources: The world's largest producer of natural gas. The eighth-largest crude oil reserves. The third-largest exporter of primary aluminum and steel.

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Russia ramps up attacks on key eastern Ukraine …

Moscow's troops have begun a push to regain territory near Bakhmut, the eastern mining city that was the site of the war's bloodiest battle before falling into …

In Siberia, a copper mine hopes to become a global energy pivot

Holding more than 26 million tonnes of copper, the mine, some 6,500 kilometres (4,000 miles) east of Moscow, claims to be the largest untapped deposit in Russia and the third largest in the world.

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The US sanctions against Wagner, explained

The gold and diamond mining enterprises, as well as a UAE-based distributor and a Russian company that the Treasury's Office of Foreign Assets Control (OFAC) says is involved in the scheme ...

1117 | Office of Foreign Assets Control

The determination made on February 24, 2023 pursuant to Executive Order (E.O.) 14024 authorizes sanctions on any person determined to operate or have operated in the metals and mining sector of the Russian Federation economy. Non-U.S. persons may also be exposed to sanctions for activities with persons blocked pursuant to E.O. 14024 …

Mining in the Russian Federation: Overview | Practical Law

The Russian Federation (Russia) ranks among the world's leading producers of iron ore, nickel, diamonds, coal, palladium, aluminium, uranium, gold, and platinum. According to some estimates, it accounts for almost 14% of the world's total mineral extraction. Russia produces about 4% of the world's iron ore and more than 10% of the world's nickel.

Precious Metals and Diamond Mining in Russia to 2023

The country's gold production increased by 4.1% to 9.7 million ounces in 2018 owing to increased production from Polyus and Polymetal International Plc. Simultaneously, the country's silver mine production reached 46.7Moz, a 3.4% rise. In contrast, the production of platinum and rough diamonds declined by 2.7% and 6.7% …

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Ukraine updates: Russian mines drive casualties in …

The group said Russia's extensive mining in Ukraine represents a unique situation in which a non-signatory to the 1997 Ottawa Treaty banning the use of …

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U.S. sanctions top diamond miner, Russia's Alrosa

OFAC noted that Alrosa is a Russian state-owned enterprise and the world's largest diamond mining company, accounting for 28 percent of global diamond mining. …

Ukraine updates: Russian mines drive casualties in Ukraine

The group said Russia's extensive mining in Ukraine represents a unique situation in which a non-signatory to the 1997 Ottawa Treaty banning the use of landmines — Russia, China, and the US are ...

Arconic Corp sells its Russian operations for $230 million

Arconic Corp sold its Russian operations to the majority owner of state-backed metals company VSMPO-AVISMA for cash proceeds of $230 million, the US …

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With Over 300 Sanctions, U.S. Targets Russia's …

U.S. Actions, With Touchpoints in More Than 20 Jurisdictions, Coordinated with G7 and Other International Partners WASHINGTON – Today, the United States, in coordination with the G7 and other international partners, is strengthening the unprecedented global sanctions and other restrictive economic measures to further …

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