Russian gold hit with de facto ban from key London market
The London Bullion Market Association has suspended all six Russian gold and silver refineries from its Good Delivery List.
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Sweden announces $19.5 million grant for sustainable mining innovation
The 26 new projects cover a wide span – from disruptive technologies with energy-savings of up to 80%, to industrial-scale battery recycling and a safer working environment.
Vale temporarily stops train circulation in Carajas mine railroad
The train circulation in its Carajas iron ore mine railroad was temporarily halted due to a land movement caused by heavy rains.
Aluminium Dunkerque to sell a portion of its metal to Glencore
Aluminium Dunkerque has capacity to produce 286,000 tonnes of aluminium a year.
Copper, coal prices hit records, nickel jumps 30% overnight after wild week of trading
Copper scales $5 for the first time ever, metallurgical and thermal coal hit record highs and nickel jumps more than 20% in a day.
Geodrill CEO guides for growth as exploration budgets expand
The company expects drill rig fleet size to increase by seven rigs by the end of 2022.
Lithium squeeze has Sigma looking to double Brazil capacity
Sigma is about to join the ranks of commercial lithium producers just as prices of the metal skyrocket.
In charts: EV metal demand accelerated in the second half of 2021
Surging EV sales in the Asia Pacific region brings a wall of metals demand.
Canada forges new EV supply chain path in bid to secure growth
The country hopes to capitalize on its supply of critical minerals needed for electric vehicles, including nickel, lithium and graphite, to attract investors.