Polyus to boost gold output as global production slips
The company's Olimpiada mine in Siberia will increase ore processing capacity to 15 million tonnes in 2022 from 14.3 million tonnes this year.
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Rusal to get $1.4bn from Nornickel share buyback
Nornickel said on Wednesday it is buying 3.4% of its shares for $2 billion to compensate for a smaller recent dividend.
Morocco’s Managem starts gold production at its Guinea mine
The company said it plans to produce 130,000 ounces of gold a year at the Tri-K mine, where reserves are estimated at 1.5 million ounces.
Rio Tinto partners with Schneider Electric to meet decarbonisation goals
Schneider Electric will use materials, such as low-carbon aluminum and copper produced by the miner with renewable power, iron ore, and borates.
Brazil to ease licencing of newly listed strategic minerals projects
The government has issued a list of specific metals which production aims to boost with its new policy for strategic minerals.
In the cost war, renewables are winning battles against fossil fuels — report
The International Renewable Energy Agency reports that, in some cases, new renewable power generation capacity has electricity costs lower than the cheapest source of new fossil fuel‑fired capacity.
Lucara strikes again with diamond over 1,000 carats
The 1,174 carat diamond from the Karowe mine in Botswana is the third over 1,000 carats recovered since 2015.
Australian Aboriginal opposition mounts to new state heritage laws
Western Australia has been redrafting its 50-year-old heritage laws which give the state Aboriginal Affairs minister the ultimate say in whether miners can destroy heritage sites.
Indonesia, home to giant gold mine, wants its own bullion bank
The government is consulting with parties including the central bank and the mining industry, with a plan to start operating a bank in 2024.
