June 23, 2022

Polymetal expects silver to account for less than 5% of 2022 sales

The company has not been directly targeted by Western sanctions imposed on Moscow after it sent thousands of troops into Ukraine on February 24.

June 22, 2022

Who’s still buying fossil fuels from Russia?

Despite looming sanctions and import bans, Russia exported $97.7 billion worth of fossil fuels in the first 100 days since its invasion of Ukraine.

June 22, 2022

Umicore plan to double down on battery business knocks almost $1bn off market cap

The Belgian company presented a 5 billion euro plan to bulk up its battery materials business by 2026.

June 22, 2022

De Beers sale shows stronger US and Chinese demand

De Beers sold $650m of diamonds, slightly up from $604m at the previous sale this year, but higher than the $477m this time in 2021.

June 22, 2022

CEO of sanctions-hit Nordgold steps down

Nordgold produces about one million troy ounces of gold a year from eight mines in Russia, Burkina Faso, Guinea, and Kazakhstan.

June 21, 2022

Russia eyes new rules on state’s gold, gem sales amid war

The Finance Ministry proposed this week to put a portion of the country’s gold and gems into a special reserve that can be accessed in times of war.

June 21, 2022

Pathways to sustainable smelting 

As major economies march towards a net-zero future, there is a growing endeavour to produce metals with little-to-no carbon footprint.  

June 21, 2022

Column: Global aluminum production pendulum swings back to China

China produced a record 3.42 million tonnes of primary aluminium in May as the country's smelters continue to ramp up run-rates.

June 21, 2022

Switzerland imports Russian gold for first time since war

Switzerland received 3.1 tonnes of gold worth around $200 million from Russia in May, accounting for around 2-3% of its total gold imports.

June 21, 2022

EU leaders to keep sanction pressure on Russia, gold flagged as new target

European Union leaders are set to keep pressure high on Russia at a summit this week when they will underline that work continues on sanctions.