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MOSCOW (Mineweb.com)-Despite the visit this month to Moscow of a 64-person delegation of South African government and corporate officials – the largest ever to come to Russia – the outcome appears to be a cooling in mutual sentiment. One-sided lobbying by Russia’s natural resources minister, Yury allies is one of the reasons. Reluctance to challenge [...]

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MOSCOW (Mineweb.com) –Among the world’s top producers of aluminium, all are public companies regulated by the laws, securities market and anti-trust regulations, and disclosure requirements of the United States and the European Union, save one. The exception is Russian Aluminium (Rusal), which is owned by Oleg Deripaska, a young Russian. What Deripaska allows to be [...]

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Sukhoi Log (in Russian the name means “Dry Gulch”) is no longer an asset in which Kremlin and other government officials see value in mining. Value for themselves, that is. Russia’s largest unmined gold deposit, and the second largest unmined deposit in the world, Sukhoi Log is located in remote forests northeast of Lake Baikal, [...]