State-controlled uranium miner Atomredmedzoloto will be in charge of developing Elkon and other deposits. The company plans to produce 10,000 tonnes a year of uranium by 2015, more than three times what it produced last year. (Reporting by Polina Devitt, writing by Robin Paxton; Editing by David Cowell) - ST PETERSBURG, Russia, June 8 - [...]

Head of Interros and one of the main shareholders of Norilsk Nickel Vladimir Potanin has recommended the managers of the Russian mining and metallurgical company to launch a new round of talks with UC RUSAL on the divestment of energy assets into an independent company, the Russian businessman told journalists today. Potanin noted that he [...]

Indonesia plans to limit the area that metal and coal miners can explore to prevent domination by a few companies, a legislator said on Monday, a move analysts said could hurt already poor levels of investment.
Indonesia has some of the world’s largest deposits of coal, copper, tin, nickel and gold, and is keen to earn [...]

Publicly-listed mining company PT Antam Tbk of Indonesia and UC RUSAL of Russia have agreed to jointly develop bauxite deposits in Indonesia.
Antam President Director D. Aditya Sumanagara and UC RUSAL Director for International and Special Projects Alexander Livshits signed a heads of agreement to that effect here on Thursday in front of President Susilo Bambang [...]

Russian aluminum giant United Company RusAl said Monday it was considering establishing a bauxite and alumina processing complex in Indonesia.
Media quoted representatives of Indonesian mining company Antam as saying earlier Monday that there were plans for a joint project with UC RusAl to set up a plant in the southeast Asian country at a cost [...]

Russia-based Rusal, which already owns a 20 per cent stake in Gladstone’s Queensland Alumina (QAL), is actively investigating establishing a refinery and smelter in the state as part of its stated expansion plans.
It comes as Russian companies actively increase their presence in Australia, Russian steel giant Magnitogorsk Iron and Steel Works notifying the Federal Government [...]

United Company RUSAL, the world`s largest aluminium producer, is considering mining the raw material bauxite in Mozambique, Interfax news agency reported, citing a Russian government official.
Officials from RUSAL held discussions in December about developing bauxite reserves in the African country, Interfax quoted Mikhail Kamyshin, official representative of Russia`s foreign ministry, as saying.
He was speaking ahead [...]

The project involves the construction of an alumina refinery in the Sosnogorsk region with a capacity of 1.4 mln tonnes per annum, and the expansion of the output of the existing Eurasia Middle-Timan bauxite mine to 6.4 mln tpa from 2.6 mln, it said.
Construction of the refinery will start next month, while the complex [...]

Guinea`s Mines Ministry said the country`s parliament had recommended it renegotiate contracts with a US oil company and a Russian-controlled bauxite producer to obtain better terms for the nation.
Guinea`s new government, appointed in March as part of a deal to end violent strikes and protests in the world`s top bauxite exporter, said last month it [...]

Guinea, the world’s number one bauxite expor-ter, says it is with-drawing agreements made with a U.S. oil company and a Russian-managed bauxite producer as part of a planned review of minerals contracts.
The withdrawals were announced in a government statement read on state television Sunday.
They referred to a production-sharing contract with American oil company Hyperdynamics and [...]