Gold price rally could cut India’s demand to four-year low – WGC
Demand for gold from India could stand between 700 metric tons and 800 metric tons in 2024.
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Gem Diamonds finds yet another big stone in Lesotho
The 118.74 carats diamond is the fifth greater than 100-carat precious stone recovered this year at Letšeng mine.
Bank of Korea rules out immediate gold buying, may consider it long-term
In June 2023, the BOK said it was more desirable to maintain dollar liquidity than boost its gold holdings.
Australia’s Tietto asks investors to accept Zhaojin’s offer or sell shares
Zhaojin declared its bid to be unconditional on April 24, making it impossible for Tietto shareholders who had already accepted the offer to now withdraw.
Half of all copper mining is at drought risk with climate change
Even in an optimistic low emission scenario for 2050, more than half the world’s copper mines will be in areas exposed to drought risk that’s deemed significant.
Australian regulator sues Magnis Energy over US battery plant disclosure failures
Lawsuit filed against lithium-ion battery firm and its chairman for failing to disclose details about its US manufacturing facility.
AME applies to intervene in Gitxaala v British Columbia appeal on Mineral Tenure Act
BC's interim measures place restrictions on mineral claim registrations and mining activities in Gitxaała Nation and Ehattesaht First Nation territories, while the province works to modernize the Act.
White House eyes Russian uranium import ban while House bill stalls
Russia provided almost a quarter of the enriched uranium used to fuel America’s fleet of more than 90 commercial reactors.
Top Glencore shareholders favor keeping coal over spinoff
The world’s largest shipper of thermal coal had said it intended to spin the business off within two years of closing a deal to buy Teck Resources' steelmaking coal assets.
