June 14, 2020 Russia’s gold mine production growth to overtake China’s by 2029 – report Fitch Solutions predicts that Russia’s gold production will grow from 11.3moz in 2020 to 15.5moz in 2029.
June 14, 2020 Fuel spill in Siberia to cost Nornickel over $150 million The company said that besides clean-up costs, it will have to deal with environmental penalties.
June 12, 2020 Top miners in good position to weather covid-19 – report PwC forecasts that miners will take a hit to EBITDA of approximately 6% in 2020.
June 12, 2020 Banks moved gold trading from New York to London, LBMA says London, which has historically been the main hub for trading in spot gold, also saw volumes of swaps and forwards increase.
June 12, 2020 ABB, Zijin join forces at Serbia copper mine The Swiss-Swedish multinational corporation will assist the Chinese giant in a €200-million modernization project of the Veliki Krivelj copper mine.
June 10, 2020 A $20 billion fund targets dirty bonds in its ESG strategy MP Pension of Denmark is looking into expanding its blacklist of fossil-fuel assets.
June 10, 2020 Mining billionaires who made their fortunes the fastest The richest in the sector took 16 years on average to make a billion dollars.
June 10, 2020 Alrosa’s May sales drop 85% Sales of rough and polished diamonds stood at $40 million in May, a 85% drop from $266 million a year ago.
June 10, 2020 New king of copper trading sees demand coming back stronger Trafigura estimates that the virus has reduced mine supply by 400,000 tonnes.
June 10, 2020 K+S to sell Americas salt business to slash debt The sale of Morton Salt comes a decade after K+S acquired it for $1.7 billion.
US urges partners and allies to increase critical minerals supply chain resiliency Treasury Secretary Scott Bessent hosted his counterparts in Washington to discuss solutions to secure and diversify supply chains for critical minerals. January 12, 2026 | 03:08 pm
