EU looking to ban Russian gold in new sanctions package
Russia is the second largest gold mining country in the world, and its gold exports were estimated to be worth £12.6 billion in 2021.
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Zijin adds China mine in race to join lithium’s global top tier
The group plans to pay 1.8 billion yuan ($269 million) for a 71% stake in a company mining for lithium in Hunan province.
Vale secures natural gas supply for 100% of pelletizing ops
The deal is set to allow Vale's Sao Luis plant to stop running on fuel oil when the supply starts in 2024.
Mining People: Athabasca Minerals, Moneta Gold, Talmine Resources, Treasury Metals
Key moves in the mining sector.
California approves lithium tax despite industry’s warnings
Governor Gavin Newsom approved the tax as part of a must-pass state budget on Thursday.
Oil posts first monthly drop this year as OPEC hikes supply
West Texas Intermediate dropped below $106 a barrel on Thursday, posting a monthly decline of 7.8%.
Nornickel to discuss cancellation of treasury shares
The company currently holds 791,227 treasury shares after last year's buyback.
Sandvik chooses Cat HVO capable engines to reduce CO2 emissions
The Cat C-Series engines supplied to Sandvik Mobile Crushers and Screeners to power its mining and construction equipment can run on renewable and alternative fuels.
French President says deep-sea mining must not go ahead
Deep-sea mining would involve using heavy machinery to suck up off the ocean floor nodules that contain cobalt, manganese, and other rare metals mostly used in batteries.
