India cuts November gold imports by record $5 billion
This represents the largest revision for any commodity in history, after errors in preliminary calculations inflated the figure to a record.
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Gold ETFs drew first net inflow in four years in 2024, WGC says
Total assets under management at gold ETFs rose by 26% to $270.5 billion in 2024.
Denarius approved for mining at Zancudo gold project in Colombia
First gold-silver production from Zancudo is expected by the end of this quarter.
China becomes world’s second-largest holder of lithium reserves, Xinhua reports
China's lithium reserves have risen from 6% to 16.5% of the global total, state media reported.
Two bids made for Glencore stake in New Caledonia’s Koniambo Nickel
KNS halted its operations in March after Glencore decided to sell its 49% interest.
Gemfields faces 21% tax as Zambia reinstates export duty
Combined with an existing 6% mineral royalty tax, the 15% export duty on emeralds represents a significant tax burden for Gemfields.
Stubbornly resilient lithium supply remains hurdle to recovery
Lithium prices have plunged since late 2022 on oversupply and slower-than-expected growth in electric vehicle demand.
Colorado start-up raises $5.1m to advance critical mineral separation with biochemistry
Alta aims to increase supplies of rare earth elements like neodymium and dysprosium by cost-effectively separating them from abundant low-grade sources.
Equinox Gold extends Fazenda mine to 2033
Fazenda has been operating since 1984 as a combined underground and open pit mine, producing over 3.3 million oz. of gold to date.
