Nornickel now earns nearly half of its revenue in Asia
In the first three months of 2023, Asia accounted for 45% of the company’s revenue.
Latest Stories
Aboriginal group says remediation at Juukan rock shelters has begun
The destruction of the culturally significant site in Western Australia triggered the exit of Rio's CEO, chairman and two senior executives.
Indonesia to allow exports of five raw minerals despite June ban
Copper, iron ore, lead, zinc and anode mud from copper concentrates will be allowed to leave the country until May next year.
A new “age of palladates” may be underway
A recent study shows that palladium is the key ingredient to reaching the “Goldilocks zone" where superconductivity works particularly well.
Commodity bull Goldman says ‘we were wrong’ but sticks to view
The investment bank says its forecasts for major rises in raw materials this year hadn’t panned out so far, but calls for a major rally.
Ambler road decision now expected by mid-2024
The US government has pushed its resolution on the road that would give access to untouched deposits in north-western Alaska.
Emerging lithium supplier Argentina says it’s close to US deal under IRA
Argentina has been lobbying to get in on President Joe Biden’s electric-vehicle drive.
Hummingbird begins hot commissioning of Kouroussa gold mine in Guinea
The Kouroussa mine is forecast to produce an average of 100,000 oz. per annum over an initial seven-year life.
Chinalco expects to start Peru copper mine expansion no later than end-June
Construction should start on its delayed $1.3 billion expansion project at the Toromocho copper mine in southern Peru in the next 30 days.
