A plan to build Zimbabwe’s biggest platinum mine at a cost of about $4 billion is floundering because a military stake in the project has deterred potential backers.
Russia Mining News
The Siberian Coal Energy Company partnered with VIST Group to develop an unmanned drilling technology at the Tugnuysky coal mine.
Trading houses Vitol, Glencore and Trafigura are caught in the crossfire between Russian oil producers and Western buyers.
In April, Rusal landed a major equity and supply deal with Braidy Industries, which is building the first greenfield aluminium rolling mill in the United States in 37 years.
Countries have been scrambling to claim territory or, like China, boost their presence in the region.
Barrick's South Arturo loses top spot, two other Barrick mines dropped from top 10 ranking.
For 10 days, refiners and oil firms in Europe cut purchases of Russian oil by up to a million barrels a day after finding out crude from the Druzhba pipeline network was heavily contaminated.
Funds allowed Norgold to both extend Lefa mine’s life and improve efficiencies at the operation.
Alrosa's sales in the first quarter fell 38 percent from a year earlier to $988 million.
A couple of long-running outages together with curtailments in Europe caused aluminium production outside China to dip 1.4%.
Heightened geopolitical and economic uncertainty pushed central banks to diversify their reserves and focus on investing in safe and liquid assets.
The 118.91-carat stone is the largest recovered at the site in the past two years.
Rodnikova is a high-grade gold and silver epithermal deposit located in close proximity to the company’s operating Asacha gold mine.
The US is beholden to China for 20 commodities on the US government’s critical minerals list.
The underground extension of Aikhal will keep it in operations until 2044 and it's estimated to cost about $154 million.
The metals trading startup benefited from the turmoil in aluminum and alumina markets following sanctions on Russian producer United Co. Rusal.
The new deposit should compensate for the depleting stock of the Komsomolsky open-pit mine.
New report "debunks commentary calling for peak gold."
The reason for central banks’ recent gold accumulations has little to do with safe havens and a lot to do with chipping away at the US dollar’s role as the reserve currency.
After months of being ignored in favor of market darling palladium, platinum is finally getting some attention from investors.
The mine would be built on one of the largest platinum mining concessions in the country.
Oil prices jumped to five-month highs this week, pushed higher by a bullish cocktail of supply outages, geopolitical unrest and a sputtering shale sector.
The world’s second-largest economy expanded its gold reserves for the fourth straight month, adding to optimism that central banks globally will continue to build holdings.
Natural diamond supply is estimated to come off this year and continue to incrementally decline through at least 2021, which should be supportive of diamond prices and thus miners.
A mix of political populism, higher commodity prices and the expectation electrification will spur demand for raw materials has led governments to change the rules for miners operating in their countries.