Gold price may be set to rise – but so are risks for miners
Gold saw a 34% surge in demand in the first quarter compared with the same period of 2021.
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Alrosa nixes dividend as economic sanctions bite
The company is subject to stinging economic sanctions levied by the West against Russia for its war in Ukraine.
Codelco stops smelter for maintenance after environmental incident
Ventanas smelter and refinery halted to carry out maintenance after authorities declared an environmental emergency in the region earlier in the week.
Seventh missing miner found dead in flooded Burkina Faso mine
The Perkoa mine was flooded after torrential rain fell unexpectedly during the West African country's dry season.
BYD may sell batteries to Tesla, executive tells state media
“We are good friends with Elon Musk and we are preparing to supply batteries to Tesla,” BYD’s EVP said.
Central banks to increase gold holdings over crisis concerns
Anticipated changes in the international monetary system and concerns over rising economic risks in reserve currency economies are also major factors.
Montage expands landholding in Côte d’Ivoire with acquisition of Barrick-Endeavour JV project
Its consolidated land position at the Koné gold project will increase to over 2,250 square kms.
Iron ore price slips as Chinese steelmakers face margin pressure
"The short-term drive is upward but the valuation is on the high side, and the risk of volatility will increase in June-July," Zhongzhou Futures analysts said.
Mongolia urges transparency as Rio Tinto seeks control of Oyu Tolgoi
Erdenes Oyu Tolgoi, the Mongolian state-owned firm, also wants Rio to grant more power to local management.
