SCO & BRICS latest news and insights
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...
By Rhod Mackenzie
Rosatom's Mining Division has developed a technology for the separation of collective rare earth metal (REM) concentrates. This will fill in the missing link in the technological chain of rare earths production.
Production is planned to be organised at the Solikamsk Magnesium P...
By Rhod Mackenzie and Bogdan Kolbasuk
Vladimir Putin has signed off on an order authorising the transactions of the shares of the Polymetal company, to which the Russian assets of Polymetal International were previously allocated, as well as the Taseevskoye gold deposit in Transbaikalia, previousl...
