Russia plans to start mining at five molybdenum deposits during the coming three years, the Ministry of Natural Resources said. According to the ministry, corporate investments in molybdenum exploration will more than double this year to 4.5 bln rubles ($57.6 mln). "Promising targets to ramp up mining are four deposits being prepared for development: Agaskyrskoye in Khakassia, Ak-Sugskoye in Tyva, Yuzhno-Shameiskoye in the Sverdlovsk Region, Tyrnyauzskoye in Kabardino-Balkaria, and a deposit ...

On the eve of Metallurgist Day, Vladimir Putin arrived on a working trip to the Ural Federal District. The first item on the agenda was a visit to the Magnitogorsk Iron and Steel Works (MMK). Accompanied by Minister of Industry and Trade Anton Alikhanov, Presidential Plenipotentiary Envoy to the Ural Federal District Artem Zhoga, Governor of the Chelyabinsk Region Alexei Teksler, as well as Chairman of the Board of Directors of Magnitogorsk Iron and Steel Works Viktor Rashnikov and MMK General ...

Irkutsk-based Service TechnoProm LLC has built Russia's biggest centrifugal concentrator for the mining industry, the Irkutsk regional government's press service said. "This equipment is designed to extract gold, platinum and other valuable metals when ores from hardrock deposits are processed. The Irkutsk model's capacity is up to 1,000 tonnes per hour, and there are very few concentrators like it in the world today," the report says, quoting Nikita Kiselev, CEO of Service TechnoProm. The equipment ...

The Brazilian government and Russia’s Tenex, a subsidiary of Rosatom (formally known as Techsnabexport, Tenex being its export brand), have launched discussions on the joint extraction of uranium and lithium in the South American republic, the Brazilian newspaper Folha de S.Paulo reported, citing Minister of Mines and Energy Alexandre Silveira. The sides aim first to assess the feasibility of launching joint mining projects, he said, noting that Brasilia expects the partnership with Russia to ...

About 70 projects in the field of natural resources extraction are being prepared for launch in Argentina. Most of the projects with Russian participation are at the initial stages, including the approval of work permits (in the field of ecology and social sphere), after which the companies will begin to assess the viability of the projects, explained in the Embassy of Argentina in the Russian Federation. Despite the fact that Russian companies are most interested in projects related to lithium ...