Some gold refineries are refusing to remelt Russian bars
Russian gold’s pariah status underlines the contradictions in raw materials markets toward Moscow’s war.
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US senator says Defense Production Act won’t move needle without fixing mining permitting
“Despite his climate pledges, President Biden has done nothing meaningful to boost American mineral production," says Senator John Barrasso.
Mining’s latest pivot means adjusting to a higher-cost world
At the mine site, the costs of key inputs have risen dramatically from their 2020 pandemic lows, when covid lockdowns caused a period of deflation.
Canadian firm lobbies Brazil for Amazon potash mine permit
Potash Corp has laid out plans to reduce the country's dependence on fertilizer imports by opening a potash mine in the Amazon.
Biden invokes Cold War powers to boost EV battery production
This could help mining companies access $750 million under the Defense Production Act’s Title III fund.
Trafigura is delivering Russian copper to LME warehouses
LME copper inventories rose by 10,850 tonnes, or 13%, in the past three days.
Airbus seeks titanium sources beyond Russia to safeguard production ramp-up
The planned ramp-up to a rate of 65 A320-family narrow-bodies per month by mid-2023 is the number one priority for the group.
US senator ‘worried’ about Chinese stake in MP Materials
"It kind of disturbs me to know that there's a big Chinese interest there" Senator Lisa Murkowski said.
Equinox pours first gold at Santa Luz mine in Brazil
At capacity, it is expected to produce approximately 100,000 oz. of gold a year over a 9.5-year mine life.
