Brazil aims to regulate critical minerals without tax breaks, finance minister says
Although a small producer, Brazil holds vast reserves of critical minerals that are key for high-tech industries.
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Azerbaijan sold gold worth $3 billion in first ever drawdown
Azerbaijan’s State Oil Fund sold about 22 tons of gold in the first quarter of the year.
Ghana mineworkers warn local outsourcing rule will cut wages, jobs
The union, which represents about 14,000 workers, vowed to mount stiff resistance to the policy, including possible strikes and protests.
Allied Critical fast-tracks tungsten production plans with $40M financing
"The pilot plant at Vila Verde is on track this year to bring online tungsten concentrates," company CEO says.
US, EU deepen cooperation on critical minerals with eye to broader agreement
The plan includes an agreement to collaborate on setting price floors, subsidies and other trade measures.
Funders commit $1.3 billion to Zambia critical minerals rail
The 830-kilometer railway will cost as much as $5 billion, with construction set to start this year and completion slated for 2030.
Swiss central bank has no plans to increase gold reserves, says chairman
The SNB holds 1,040 tonnes of gold, 70% of which it stores in Switzerland and 30% abroad.
War squeezes global mining as diesel and acid supplies tighten
If war-related upheavals intensify, it could start eroding the 23 million tons of copper mined per year.
India gold premiums hit over 10-week high on tight supply
Dealers quoted premiums of up to $15 an ounce over official domestic prices this week, inclusive of 6% import and 3% sales levies.