Russians buy up gold to salvage savings after ruble collapse
Increasing household demand for physical gold prompted Bank of Russia to halt its purchases from banks to ensure there’s enough supply for local buyers.
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Turquoise Hill shareholders could score big with Rio’s bid
Analysts predict Turquoise Hill investors will seek a higher offer than the current C$34/share bid, perhaps greater than C$50/share.
Gold price extends decline ahead of Fed policy meeting
“Gold prices have moved lower in the past three days mainly because oil prices have fallen,” an analyst said.
Iron ore price drops as covid-19 outbreaks in China dim growth outlook
China has reported more local symptomatic covid-19 cases so far this year than it recorded in all of 2021.
Aluminum price leads metals lower as China lockdowns threaten economy
The European Union excluded aluminum, copper and nickel from its latest set of trade restrictions on Russia.
AMC buys stake in gold and silver mine in Nevada
The cinema giant is investing in Hycroft Mining Holding Corp. alongside Eric Sprott.
Nornickel not changing long-term view, despite logistical issues
Nornickel's biggest shareholder, Vladimir Potanin, said the company had managed to secure alternative routes for its palladium deliveries.
Rusal diverts ore to Ireland after Ukraine plant shuttered
Nikolaev alumina plant shut because of conflict in Ukraine.
Non-lithium battery chemistries to grow in importance for stationary energy storage sector – report
IDTechEx predicts alternatives to Li-ion are set to play an increasingly important role due to their potential for improving cost and safety, easing material supply burdens, and less demanding requirements on energy density.
