G7 to ban Russian diamonds, announce measures on price cap, assets
The group is expected to announce a direct ban as of Jan. 1.
Latest Stories
Trafigura targeted by US and Swiss over corruption
The company faces charges for allegedly bribing officials in Angola and has also revealed a US probe into "improper payments" in Brazil.
Newmont pours 8,000th gold bar at Musselwhite mine
The Canadian operation, which started commercial production in 1997, churned out 173,000 ounces of gold last year.
New approach aims to detoxify artisanal gold mining
A new approach to detoxifying artisanal gold mining aims to help miners keep their livelihoods while reducing associated health risks.
Rescuers pull out first survivor of Zambia landslide that trapped 38 miners
On Dec. 1 a landslide inundated an open-pit copper mine and trapped at least 38 people who were working there without a permit.
Gold Royalty invests $31 million in Aura Minerals project in Brazil
Financing is composed of a $21 million net smelter return royalty over the Borborema project, and a $10 million gold-linked loan.
Hudbay’s plan to boost Copper Mountain output comes at a cost
The new 21-year mine plan includes operational enhancements such as remobilizing idle haul trucks, opening additional mining faces, and accelerating stripping to access higher-grade ore.
Young Chinese spurn traditional investments in favour of gold
The trend underscores heightening uncertainty about growth prospects in the world's second-largest economy.
Copper futures dragged down by China’s credit downgrade
Moody’s Investors Service cut its outlook for Chinese sovereign bonds to negative, underscoring deepening global concerns over debt levels in the world’s largest consumer.
