Gold as inflationary hedge makes Turkey world’s biggest buyer
The central bank’s gold reserves were at the highest level on record, the World Gold Council said in a report Tuesday.
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Vedanta said to scrap plans to sell mega Indian copper smelter
The copper smelter, located in the southern state of Tamil Nadu, accounted for almost 40% of the metal’s production in the country.
Indonesia reviewing possible impacts of plan to limit tin exports
The resource-rich country is set to ban exports of all unprocessed metal ore in June 2023 to develop processing facilities at home.
South Africa reports safest year in mining, government urges more
A total of 1,946 serious injuries were reported in 2022, down from 2,123 a year earlier, report shows.
2022 was strongest year for gold demand in over a decade — report
Annual gold demand jumped 18% to 4,741 tonnes, almost on a par with 2011.
Uranium price expected to rise in 2023 on nuclear power revival
Greenfield supply could come from Kazakhstan, but with a new incentive price close to $70 a pound, said Rick Rule.
Diamond sales at Botswana’s Debswana hit record high in 2022
Sales of diamonds from Debswana stood at $4.588 billion in 2022 compared to $3.466 billion in 2021.
Pope condemns “poison of greed” stoking conflict in Congo
Pope Francis denounced the "poison of greed" for mineral resources driving conflict and exploitation.
Caterpillar profit falls as costs weigh
Fourth-quarter earnings per share slid by 29%.