Best Mining Companies in Russia
The 46 best Mining companies in Russia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Alrosa.
Our analysis of 100 Mining companies
$17.0b in tracked funding; 82% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Mining companies in Russia
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Alrosa Diamond mining company | $1.7B | 121 mo ago | Public | — | 1992 | 1C-BitrixPHPTailwind CSS+15 | — |
| 2 | Evraz Vertically integrated steel making and mining company | $448M | 122 mo ago | Public | Alexander Frolov CEO | 1992 | Cart FunctionalityWooCommerceWordPress+19 | — |
| 3 | UMMC Mining and exploration company focused on copper, zinc, and coal deposits | $359M | 98 mo ago | Funding Raised | Iskander Makhumudov President and Founder | 1995 | Cart Functionality1C-BitrixPHP+12 | — |
| 4 | Piklema Predictive analytics solutions for metal and mining industries | — | 43 mo ago | Seed | — | 2016 | — | — |
| 5 | Polyus Major gold producer operating multiple mines and exploration projects | — | 98 mo ago | Public | Terje Aabakken Adm. Direktør / CEO | 2006 | 1C-BitrixPHPPlyr+10 | — |
| 6 | Nornickel Mining company producing various metals | — | 221 mo ago | Public | Christophe Koenig Head of global sales and CEO of MTO | 2000 | 1C-BitrixPHPVideoJS+12 | 1 launch |
| 7 | Almazy Anabara Provider of alluvial diamond mining services based in Yakutsk, Russia. | — | — | Acquired | — | 1998 | — | — |
| 8 | ALROSA-Nyurba Provider of diamond mining services | — | — | Public | — | 1997 | — | — |
Top 6 Mining companies in Russia
#1
Public · Moscow, Moscow · founded 1992 · 40000 employees$1.7Braised▾
Alrosa is a Russian company that works in the field of diamond exploration, mining, manufacturing, and sale. Mining activities take place in Western Yakutia, Russia, the Arkhangelsk region, Russia and Africa has a setup to cut and polish diamonds. Claims to produce 25% of the world diamond. The company's headquarters are in Mirny (Sakha Republic) and Moscow. In 2019, the company recorded annual revenues of $3.6B, and a net profit of $1B.
- Jul 2016Post IPO$820M
- Jun 2010Conventional Debt$833.4M
#2
Funding Raised · Verkhnyaya Salda, Sverdlovsk Oblast · founded 1995$359.1Mraised▾
Mining and exploration company focused on copper, zinc, and coal deposits
- 2018Conventional Debt$359.1M
#3
Public · Moscow, Moscow · founded 1992 · 70186 employees$448.3Mraised▾
Evraz is a vertically integrated steelmaking and mining company. Their products and services include steel products, vanadium slag, iron ore, and coal. The company has operations in the United Kingdom. In 2021, the company recorded annual revenues of $13.49B and a net profit of $3.04B
- 2016Conventional Debt$245.9M
- 2015Conventional Debt$202.4M
#4
Seed · Moscow, Moscow · founded 2016 · 13 employees—raised▾
Piklema provides predictive analytics solutions for metal and mining industries. The platform allows users to analyze mining data, provide key trends and patterns from the data and helps in managing production cost, mining processing and planning solutions. It enables users to build predictive models and manage correlation in the data. Its solutions include real-time inventory and process management and industry analysis solutions.
- Jan 2023Seed—
#5
Public · Moscow, Moscow · founded 2006 · 18943 employees—raised▾
Major gold producer operating multiple mines and exploration projects. It manages the entire gold production lifecycle, from exploration and mine development to extraction and processing. The company maintains a substantial reserves base and actively pursues value-accretive growth opportunities. It adheres to international corporate governance standards and prioritizes sustainable practices throughout its operations. Shareholder returns are a key focus.
#6
Public · Moscow, Moscow · founded 2000 · 79000 employees—raised▾
Nornickel is a mining company. The company produces materials such as nickel, copper, palladium, platinum, cobalt, rhodium, iridium, gold, silver, selenium, tellurium, etc. It has its mineral resource base in Russia. In 2020, the company recorded annual revenues of $15.7 B and a net profit of $3.5 B In 2021, the company recorded annual revenues of $17.81B and a net profit of $6.53B
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Mining coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Mining Technology is moving in Russia
A read on the academic research around Mining Technology — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 417 Russia-affiliated papers.
- Russian Academy of Sciences63
- Institute of Mining58
- Kola Science Centre37
- Saint Petersburg Mining University32
- Mining Institute32
- Mineral processing3→8
- Tailings1→4
- Reagent2→20
- Mineral processing35→48
- Tailings11→24
- Metallurgy15→27
- Beneficiation5→16
- Raw material2→6
- Mineral processing5→8
Where mining tech is researched across Russia
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.