Some Russian banks may have swapped gold for dollars, report says
Russia has faced a shortage of dollars and euros as it’s increasingly shut out of the western financial system.
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American Rare Earths boosts tonnage at Halleck Creek project in Wyoming
There are now 2.34 billion tonnes of material grading 3,196 parts per million total rare earth oxides.
Tsingshan’s 2023 nickel output jumps to record high
Tsingshan Group's nickel output rose 27% in 2023 to a record 1.12 million metric tons nickel unit.
China’s CMOC eyes further growth in Congo and beyond after taking cobalt crown
CMOC last year became the world's No. 1 cobalt mining company with production of some 55,000 tons.
Vedanta weighs sale of minority stake in Zambian copper assets
The company is talking to a range of financing partners to raise money for a restart of its Konkola Copper Mines unit.
Scientists develop solution to avoid gold particle corrosion
Gold is generally resilient but if it’s in the form of tiny particles, it suffers negatively from heat, pressure, corrosion, oxidation and other conditions.
Pilbara Minerals upgrades offtake deal with Chengxin Lithium
Pilbara will supply Chengxin 85,000 tonnes of spodumene concentrate in 2024, followed by 150,000 tonnes in both 2025 and 2026.
Ivanhoe, Trafigura to be first users of Lobito Atlantic Railway Corridor
They will ship copper, cobalt and other critical minerals and metals from mines in the DRC to Angola’s port of Lobito via rail.
Brazil prosecutors seek annulment of contract for Belo Sun gold mine
The controversial mining project is located in Brazil's Amazon rainforest, near the Xingu river.
