May 3, 2018

ALROSA sells large diamonds for USD 14.8 million at the auction in Vladivostok

The United Selling Organization (USO) of ALROSA sold 101 special size rough diamonds with the total weight of 1751.1 carats.

May 3, 2018

Climate resolution at Rio meeting heralds coming climate avalanche: Russell

Rio Tinto shareholders that voted in favour of a resolution calling the miner to review its membership of the Minerals Council of Australia (MCA) and other lobby groups.

May 3, 2018

Glencore’s Congo mining conundrum

The miner and commodities trader is embroiled in a legal tangle over its copper and cobalt operations in Democratic Republic of Congo, where conflict and changes to regulations have deterred…

May 2, 2018

Chairman of En+ says working on reducing Deripaska’s stake

Greg Barker welcomed a decision by the U.S. Treasury on Tuesday to give investors an extra month to divest or transfer their holdings in En+ Group and other sanctions targets.

May 2, 2018

War on coal making the world’s top mine owners a lot richer

Anglo American Plc, Glencore Plc and BHP Billiton Ltd. are generating the highest profits in years from their coal mines.

May 2, 2018

S.Africa gold miners to sign silicosis lawsuit settlement this week

Most claimants are black miners from South Africa and neighbouring countries such as Lesotho, whom critics say were not provided with adequate protection during and even after the Apartheid ended…

May 1, 2018

Chaarat Gold offer to Centerra values Kumtor mine at $800 million

The proposed acquisition means Chaarat would own Kumtor and will have control over management and operations of the mine.

May 1, 2018

After Tesla debacle, Denmark reconsiders electric car subsidies

Prime Minister Lars Lokke Rasmussen said the goal is to make the economy greener and less vulnerable to swings in commodities markets.

May 1, 2018

Battery metals supply crunch to slow near-term EVs growth — Moody’s

Lack of new projects, investment deficit and increasing political risk will hit supply of cobalt, lithium, copper and nickel, key metals for making the batteries that power electric cars.

April 30, 2018

Mint American Eagle gold coin sales at weakest April since 2007

Meanwhile, silver coin purchases for the month rose 10 per cent higher than last year.