Russian tycoon to face new probe over Billionaire Bay villas
Russian billionaire Suleiman Kerimov and his family, which until earlier this year held a majority stake in Polyus, are set to face a fresh probe in France.
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Gold price rises on dollar pullback, hopes of slower Fed rate hike
Investor focus will be on Fed Chair Jerome Powell’s speech at a Brookings Institution event on Wednesday.
Aluminum price climbs as tight supply outweighs China demand worries
The resumption of plants forced to go offline due to power issues in China has been slower than expected.
HighGold reports best intersection drilled at JT deposit in Alaska; stock rises
Drill hole JT22-152 returned 120.5 metres at 18.76 g/t gold, 0.55% copper, 3.86% zinc, 0.93% lead and 6 g/t silver (for 22.1 g/t AuEq).
United Tractors seeks gold, nickel in move to cut coal sales
Company is in “full throttle” for new metals and renewable assets as the Indonesian company aims to cut its reliance on coal to half the total income by 2030.
Column: Iron ore shrugs off China covid woes, focuses on stimulus
The iron ore market is choosing to focus on China's efforts to stimulate its property sector, rather than on rising concerns over the potential economic fallout.
Indonesia says lithium, anode plants are being built to support EV ambitions
Indonesia has already started producing EV battery parts extracted from nickel.
Mali suspends issuance of mining permits until further notice
Mali is one of Africa's top gold producers with industrial production reaching 63.4 tonnes in 2021.
Major US labs launch energy storage consortium
Stor4Build is a new consortium on energy storage for buildings that is expected to accelerate the growth, optimization, and deployment of storage technologies.
