The diamond world is scrambling to keep buying Russian gems
The disruptions around Russian diamonds are being felt through the global industry, which was already facing a shortage of rough stones even before the war in Ukraine.
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Global miners must overcome labour shortages, inflation pain to meet targets
Analysts expect earnings to be driven lower this year and next.
Gold price en route to weekly loss with Fed eyeing big rate hikes
Fed Chairman Jerome Powell said a half-point interest rate increase “will be on the table.”
Copper price down on China’s covid-19 worries
China's zero tolerance approach to covid has seen banks slash their growth forecasts for the country.
Chile constitution drafters reject mining-adverse proposal
The 52 articles rejected sought tightening up the protection of the country’s natural resources, including copper and lithium.
‘Mr. Lithium’ warns there’s not enough battery metal to go around
Batteries, and more precisely battery metals, are poised to replace chips as the new bottleneck for the auto industry, writes Gabrielle Coppola.
Glencore cobalt mine scrutinized as Congo revisits foreign deals
The country added the Mutanda mine to a list of projects that could face renegotiation.
Indonesia raises coal royalty rate to range of 14% to 28%
The new royalty rate takes effect immediately for special mining permits issued prior to 2022
Ukraine miner Ferrexpo delays dividend, pauses some projects
The miner, which makes iron ore pellets used in the steel industry, has all its operations in Ukraine but away from the main conflict zones.
