Barrick under pressure in Mali as regime eyes control of Loulo-Gounkoto After seizing power in a coup in 2021 and forming an alliance with Russian troops, the Mali junta has been focusing on the mining industry. Staff Writer | April 15, 2024 | 10:30 am
Peru economy grows more than expected in February on mining gains Larger copper, gold and molybdenum volumes boosted metals mining just over 17%, according to government statistics. Reuters | April 15, 2024 | 9:55 am
Gold price pushes toward fresh record as tensions rise in middle east Bullion has risen as much as 1.7% Monday as the conflict in the Middle East entered a dangerous new phase. Bloomberg News | April 15, 2024 | 8:41 am
Russian court orders Glencore to pay shares worth 114.8m euros in Sberbank lawsuit It is a second lawsuit Sberbank has filed in Russia against Glencore over unpaid fuel supplies. Reuters | April 15, 2024 | 8:29 am
Metals whipsawed as sanctions on new Russian supplies rattle LME Aluminum jumped as much as 9.4% as the market opened, the most since the current form of the contract was launched in 1987. Bloomberg News | April 15, 2024 | 8:11 am
Chile probes for lithium exploration interest, aims for five projects Economy minister Nicolas Grau said the country is hoping to develop between 3 and 5 new lithium projects. Reuters | April 15, 2024 | 8:07 am
Global mining investment too low to support energy transition, Rio Tinto chairman says The amount of metals required for each kilowatt of generation capacity has risen by 50% since 2010, according to the IEA. Reuters | April 15, 2024 | 7:43 am
Horizonte Minerals fails to secure financing, considering mine sale The company considers selling its Brazilian nickel mine amidst low prices and supply surplus from Indonesia. Staff Writer | April 15, 2024 | 7:21 am
New metals sanctions push Russia further into China’s embrace The sanctions now leave the Shanghai Futures Exchange as the only major commodities bourse in the world to accept Russian shipments. Bloomberg News | April 15, 2024 | 7:01 am