China Metals and Mining

FAS sees threat of monopolization in TMK’s deal

FAS has refused TMK of Dmitry Pumpyansky in it's acquisition of Sverdlovsk producer of drill pipes Tekhnomash, a part of the Chinese Hilong Group.

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Alrosa sells colored diamond for $9 mln at auction in Hong Kong

Diamond mining company Alrosa has held the first specialized auction True Colours, selling colored diamonds to the amount of $9 million, the company reports.

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Reuters announces plans of UC Rusal to create trading company in China

The Russian company UC Rusal has planned to create a trading company in China as US sanctions threaten to undermine its supplies to Western customers, the Reuters reports, citing three sources fami

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Eurasian Economic Commission offers to prolong duties on import of stainless pipes from China

The Department of Defense of the Internal Market of the Eurasian Economic Commission has notified on publication of a non-confidential version of the report "On the results of the repeated ant

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Russian Ministry of Industry and Trade estimates amount of foreign investments in Klyuchevskoye deposit

China National Gold will invest about $420 million in development of the Klyuchevskoye gold deposit in the Trans-Baikal region, another $ 65 million will be invested by Indian SUN Gold, the volume

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CNGC to be owned of Klyuchevskoye deposit in Trans-Baikal region by the end of September

Chinese state-owned gold mining corporation China National Gold Group Corporation (CNGC) has planned to complete a deal to acquire a share in Zapadnaya-Klyuchi Mine, which owns a license to develop

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China opens road to coal from Russia

Against the background of a coal export boom, Russia has resumed export of coal through the North Korean port of Rajin.

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Polymetal starts shipping concentrate from Kazakhstani project of Kyzyl to China

One of the largest Russian producers of precious metals Polymetal has begun shipping concentrate for export and plans to produce 80 thousand Troy ounces of commercial gold at the new Kyzyl mine in

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Alrosa tests mechanism of settlements in rubles under contracts with foreign clients

Alrosa has tested mechanism of settlements with foreign clients in the Russian currency. As an experiment, corresponding transactions were conducted with clients from China and India.

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Rostec finds alternative to China

Vostokugol of Dmitry Bosov and Alexander Isaev has received 50% in the large Ogodzhinskoye coal deposit in the Amur region and the port of Vera, which is under construction in the Primorsky region.

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