Udokan Copper names new CEO
Boris Slutskiy joins the company developing the Udokan copper deposit in the Zabaikalye Territory in Russia’s Far East.
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Lithium production growth to accelerate, but supply risks abound — report
A host of new players are developing new extraction techniques, which could upend primary supply of lithium, says Fitch.
Copper supply in 2022 – eyes on Chile, Peru, DRC
Bank of America expects demand to hold firm next year and only sees a surplus in 2023.
BHP and Noront terminate support agreement
BHP and Australian billionaire Andrew Forrest’s Wyloo Metals had been engaged in a tug of war with competing offers for Noront since July.
ALROSA names diamond after folklore heroine to honor indigenous culture
Kyndykan was a young girl who was miraculously found alive 200 years ago by Yakut hunters near the Verkhoyansk Mountains in an ancestral settlement completely wiped out by smallpox.
First kilo of blockchain tracked gold shipped from Burkina Faso on Minexx platform
Burkina Faso produces 34 tonnes of artisanal gold per year, but only 300kg was formally exported in 2019 due to a lack of traceability and lower export taxes in neighbouring countries.
Most commodities prices to average lower in 2022 — report
Out of the 27 key commodities, Fitch sees 19 of them averaging lower on a year-on-year basis.
Shift to less liquid assets raises gold’s investment appeal — report
The shift to risker and less liquid assets strengthens the case for an allocation to gold, given its unique combination as a highly liquid diversifier, that can reduce portfolio volatility, the World Gold Council says.
Rio Tinto appoints first female president for Diavik diamond mine
Angela Bigg, previously general manager, operations, will be the first female to lead the mine and its 1,100 employees.
Blockchain could answer big supply chain questions, says BHP
"In two separate trials, we’ve used blockchain to exchange data and documents digitally, improving efficiency and transparency and reducing bureaucracy, risk and red tape," says BHP chief commercial officer.
RANKED: World’s top 20 gold projects
The combined ounces in the ground for the top 20 projects is north of 900 million and at today's prices worth a mouth-watering $3.7 trillion.
