Russian gold in hands of obscure firms as JPMorgan, HSBC exit
Dozens of logistics firms and merchants that are small players in the gold sector have taken over the Russian bullion trade.
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Charted: Commodities vs equity valuations (1970–2023)
The commodities-to-equities ratio recently hit a 50-year low. In the past, when this ratio reached such levels, commodity supercycles began.
BMC Minerals expands Yukon portfolio with Kona copper-gold deal
The Kona open pit and underground deposit hosts total indicated resources of 3 million tonnes grading 1.4% copper, 0.7 g/t gold and 4 g/t silver.
Atlas Lithium secures $20 million from royalty sale to expedite Neves project in Brazil
The company is selling a 3% gross overriding revenue (GOR) royalty to Lithium Royalty Corp.
Hummingbird Resources expects first gold pour at Kouroussa this quarter
Kouroussa is forecast to produce an average of 100,000 ounces of gold per annum over an initial seven year LOM.
Ferrexpo’s CEO Jim North to step down
The group said Board Chair Lucio Genovese will act as executive chair on an interim basis.
India’s NMDC in talks with Australia’s Hancock for lithium mining
NMDC is also working on plans to export low-grade iron ore to China.
Hindustan Zinc’s all-cash bid for Vedanta’s assets lapses
Hindustan Zinc's shares prices have tumbled since the deal was announced.
Gold Fields partners with Osisko in Canadian joint venture
The miner will acquire 50% of the Windfall gold project in Quebec.
