SCO & BRICS latest news and insights
The situation in Russian friendly enclave of Serbia remains unstable for the second consecutive month. Tens of thousands of people have taken to the streets of Belgrade and other cities across the country to protest against a project to develop a large lithium-containing mineral deposit that could m...
By Rhod Mackenzie
The Russian government has approved an updated strategy for the development of the strategic metals and mineral resource base of the Russian Federation until 2050. The major primary objective is to enhance the processing and utilisation of the abundant mineral raw materials withi...
In my last video on Russian Gold I focused on an overview of how the industry has developed from the 1990s to the end of 2021.and on the role of the state, the consolidation of the industry under Polyus and a group of second-tier producers.
Today I want to look in detail at the role...
By Rhod Mackenzie
In 2023 there was a lot of talk in the run up to the BRICS summit in Johannesburg about whether the BRICS would announce a gold backed currency,I was skeptical and I was correct as I did not think it was something the BRICS were ready to do.However that said its not that I don't...
Rosatom is in negotiations with Chinese NFC and Powerite to design a factory for the Pavlovsk lead-zinc deposit on Novaya Zemlya. This move comes after Rosatom was left without European partners and foreign funding due to sanctions. The project will be developed from scratch, and the companies will...
By Rhod Mackenzie
According to a report by TASS, , Alexey Vostokov the head of Polyus expects to receive the initial batch of gold from the Sukhoi Log project in the Irkutsk region in 2024. The ore processing for the project will take place at the Verninskaya mill, also located in the Irkutsk reg...
