Russia mulls new extraction tax and higher profit tax for metals firms
Russia's finance ministry proposed setting a mineral extraction tax linked to global prices for producers of iron ore, coking coal and fertilizers.
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Guinea’s junta urges miners to help break “resource curse”
The coup exacerbated concerns about supply constraints that have pushed aluminum prices to the highest level in 13 years.
Sonoro Gold completes PEA on Cerro Caliche in Mexico
Sonoro has an option to acquire 100% of the project, about 45 km from the town of Magdalena de Kino.
American Pacific shares surge on ‘bonanza’ grabs from expanded Nevada land package
The company will acquire assets from Ubica Gold, gaining 77 claims at Tuscarora.
Alrosa tests CO2 capture potential by its ore
The initial phase of Alrosa's study showed that kimberlite ore in its tailings could potentially absorb more CO2 than the entire company generates.
Coal funding persists even as climate worry grows
Coal might be the dirtiest word in climate politics in the run up to the United Nations COP26 summit.
Global passenger EV registrations more than double in a year – report
Adamas Intelligence found 4.16 million new units were registered in first half of this year versus 1.99 million units in the first half of 2020.
Sprott’s new uranium trust sees hedge funds driving metal demand
The Sprott Physical Uranium Trust has itself been on a buying spree, bolstering its stockpile by 45% in four weeks.
BlackRock fund manager cuts almost all gold from portfolio
Expectations that inflation-adjusted yields on US bonds will rise means the metal will no longer function as a hedge against equity markets, Russ Koesterich said.
