January 31, 2024

Gold demand to hit record with central bank buying, WGC says

Overall consumption climbed by about 3% to 4,899 tons last year, supported by strong demand in the OTC market, the World Gold Council says.

January 31, 2024

Swiss ban Russian diamond imports, joining latest EU sanctions

Bern has agreed to adopt the 12th round of sanctions implemented by the EU in December.

January 31, 2024

Metals sanctions are dividing the biggest traders and banks

The latest UK sanctions on Russia are creating new fault lines across the global metals world.

January 31, 2024

Activists, Hollywood take down top 50 mining company

The ranks of the most valuable mining companies in the world were throughly scrambled in 2023 as governments intervened, lithium and nickel prices tumbled, gold hit records and a new…

January 31, 2024

Russian oligarch Potanin wins divorce claim appeal, case continues

A claim by Potanin's ex-wife to a share of his stake in Nornickel can continue in court, despite the businessman winning an appeal.

January 31, 2024

Boliden plans to cut output and jobs at Tara zinc mine

The mine was put on care and maintenance in June after prices of the galvanizing metal hit a three-year low.

January 31, 2024

Polymetal CEO says new shareholder will expedite Russian asset sale

Russian and Chinese companies were among interested buyers.

January 31, 2024

Deep-sea mining could contribute to increasing the scale, speed of climate change – study

New research shows that disturbing the seabed could increase the scale and speed of climate change.

January 30, 2024

EU trade chief to press on with US battery minerals talks despite differences

The battery minerals trade agreement would allow European companies to take advantage of generous US tax credits for electric vehicles.

January 30, 2024

Europe can’t compete as a hub for green hydrogen, Fortescue says

The company will likely make final investment decisions on green hydrogen initiatives in northeastern Brazil and Norway this year.