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.
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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.
Codelco’s 2025 copper production hits 1.332mt: 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.
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.
Sprott kicks off new year with 100,000-lb uranium buy
The market value of its uranium totals $6.13 billion.
Largo receives $56M term sheet for iron ore calcine stockpiled at Brazil mine
The term sheet provides for a multi-year contract to sell 4.5 million tonnes of iron ore calcine.