May 8, 2025

Gold reserves in London vaults rise in April as bullion returns from US

The London Bullion Market Association said on Thursday that gold held in London vaults totalled 8,536 metric tons at the end of April, up 0.6% from the previous month.

May 8, 2025

Aurubis looks to boost US sales in absence of tariffs

Europe's largest copper producer reported better-than-expected half-year core profit, driven by higher sulfuric acid and precious metal prices.

May 8, 2025

De Beers to shut down lab-grown diamond brand Lightbox

Decision reflects De Beers’ renewed focus on natural diamonds, a return to the strategy behind its iconic “Diamonds are Forever” slogan.

May 8, 2025

Rare 10-carat blue diamond could fetch $20M at auction

The "Mediterranean Blue Diamond" from South Africa, is a “fancy vivid blue,” the highest grade for coloured diamonds.

May 6, 2025

Niger security forces search Orano offices and seize phones

Reuters sources said Orano's local director Ibrahim Courmo had been arrested.

May 6, 2025

Private equity deals in mining set to rise on energy transition needs, says S&P Global

Global output of most battery metals has been declining due to weak prices, highlighting the need for new investments to grow the supply.

May 5, 2025

Rosatom sues Finnish firms $2.8B over nuclear plant contract

The contract to build a 1.2 gigawatt plant with investments estimated at 6.5-7 billion euros was signed in 2013, but the Finnish side terminated it in May 2022.

May 5, 2025

Indonesia’s Danantara in talks with Eramet on nickel deal

Danantara and Eramet are looking to acquire a stake in a high pressure acid leach plant in the Weda Bay Industrial Park.

May 5, 2025

Romania’s political shift may jolt mining, US ties

Romania has major reserves of rare earths, gold and copper, which have attracted interest from Canadian and American firms.

May 4, 2025

Czech hikers find $680,000 worth of gold coins, jewelry

This discovery adds to a series of significant archaeological finds in the Czech Republic.