June 25, 2021

ANIMATION: Top 20 gold producing countries – 2020

Global gold production fell by 3.8 million ounces in 2020 as covid-related disruptions in South America more than offset gains in Russia and West Africa.

June 23, 2021

Abu Dhabi’s Mubadala buys 2.6% of Russia’s En+ Group

En+ Group owns 56.9% in aluminium producer Rusal.

June 23, 2021

Polyus to boost gold output as global production slips

The company's Olimpiada mine in Siberia will increase ore processing capacity to 15 million tonnes in 2022 from 14.3 million tonnes this year.

June 23, 2021

Rusal to get $1.4bn from Nornickel share buyback

Nornickel said on Wednesday it is buying 3.4% of its shares for $2 billion to compensate for a smaller recent dividend.

June 23, 2021

In the cost war, renewables are winning battles against fossil fuels — report

The International Renewable Energy Agency reports that, in some cases, new renewable power generation capacity has electricity costs lower than the cheapest source of new fossil fuel‑fired capacity.

June 22, 2021

Daimler plans to produce its own battery cells, report says

The BI report comes a week after reports of the Mercedes-Benz maker phasing out conventional powertrains in its cars.

June 22, 2021

What’s happening with Tesla’s $7 billion German ‘gigafactory’?

Tesla has already pushed back the expected opening to late 2021.

June 22, 2021

Nordgold postpones IPO, citing uncertainty in gold market

Expected interest rate rises have created significant uncertainty and volatility in the resources sector, the company says.

June 22, 2021

Zinnwald becomes sole owner of key German lithium project

The late-stage Zinnwald lithium project is located in the heart of Europe’s chemical and car industries.

June 22, 2021

Aluminum is outperforming copper as China cracks down on prices

Aluminum has overtaken copper as the second-best performer on the London Metal Exchange this year.