Dubai can’t shake off the stain of smuggled African gold
Interviews with government officials across Africa reveal smuggling operations that span at least nine countries and involve tonnes of gold spirited over borders.
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Samarco bondholders rebuff restructuring plan, new proposals expected
A previous proposal put forth by the company was rejected by bondholders in July.
Udokan Copper names new CEO
Boris Slutskiy joins the company developing the Udokan copper deposit in the Zabaikalye Territory in Russia’s Far East.
Adani set to export coal from Australia’s Carmichael mine after long delay
Adani Group said it’s ready to begin the first coal exports from the controversial Carmichael more than a decade after the group took over the project.
Fresnillo’s Juanicipio project temporarily denied connection to Mexico’s national power grid
According to Fresnillo, the denial is linked to the knock-on effects of the pandemic on the operations of the state-owned electrical company.
Zijin starts production at giant Tibet copper mine
Qulong copper mine in Tibet adds a new source of supply to the market for next year.
Bacteria may have played big role in the formation of massive silver, gold deposits
Scientists at Penn State University and the University of Saskatchewan found silver in coprolites collected from the Ravens Throat River Lagerstätte in Canada’s Northwest Territories.
Chinese manufacturing profits squeezed by commodity prices
Chinese miners and raw material providers benefiting from higher commodity prices at the expense of manufacturers.
Gold price nears 1-week high amid rising omicron fears
Still, the outlook for gold in the first quarter of 2022 is upbeat, an analyst says.