Putin warns West: sanctions risk energy price spike catastrophe
Mining News Pro - President Vladimir Putin warned the West on Friday that continued sanctions against Russia over the war in Ukraine risked triggering catastrophic energy price rises for consumers around the world.
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Visit: 741
Commodities hit July storm with Putin and Powell stirring fear
Mining News Pro - Commodities are careering into a second-half that promises as much turmoil as the first, with the world facing an escalating energy crisis, copper plunging on Fed-fueled recession fears, and Russian President Vladimir Putin delivering a shock for Shell Plc.
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Visit: 427
Putin wants Russia to boost its use of metals to counter sanctions
Mining News Pro - Russian President Vladimir Putin on Wednesday called for structural changes in Russia’s metallurgical industry to counter Western sanctions he said were starving it of some components and restricting its ability to sell some goods abroad.
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US potash sanctions may push Belarus deeper into Putin’s arms
Mining News Pro - US sanctions against Belarus’s potash industry that have helped push fertilizer prices to record highs may also draw President Alexander Lukashenko’s regime more tightly into Russia’s embrace to survive the shock to its finances.
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Visit: 594
Putin orders review of Russian coal mining tax
Mining News Pro - Russian President Vladimir Putin has asked the government to review a mineral extraction tax for the Russian coal industry by Oct. 31, instructions published by the Kremlin showed on Saturday.
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Visit: 1256