Azerbaijan’s oil fund earned more than $10B from gold investments, president says
The country took a strategic decision last year to boost its gold reserves.
Latest Stories
US awards $2.7 billion worth of orders to boost uranium enrichment
American Centrifuge Operating, General Matter and Orano Federal Services secured the orders, the US Energy Department said.
China’s Longi joins solar push to cut costs by reducing silver use
The mass production of solar products using base metals is expected to start in the second quarter, it said.
Codelco’s 2025 copper production hits 1.332 million tons: Chilean media
Output slightly increased from the 1.328 million tons produced in 2024.
Record copper price signals accelerating race for supplies
Analysts at Citi estimate refined copper production at 26.9 million tons this year, indicating a 308,000 ton deficit.
Suspected jihadists attack Mali’s Morila mine
Armed men on Saturday attacked the mine, for which US-based Flagship Gold signed an investment agreement last year.
Gold price rises to weekly high on US-Venezuela fallout
Spot gold hit a one-week high of $4,455.42 per ounce, about $100 shy of its record high.
Petrobras to supply Vale’s Minas Gerais operations with S10 diesel
The commercial partnership with Vale is part of Petrobras' strategy to get closer to end consumers.
Andurand’s hedge fund pared 2025 loss to 40% on metals rally
With no set risk limits, Andurand’s Discretionary Enhanced fund often sees double-digit gains and losses.
