September 10, 2024

EV slump powers platinum supply deficit, investment council says

The price of platinum has fallen about 4% this year to about $950 per oz.

September 6, 2024

Rusal says board recommends not paying H1 dividend

The company decided not to pay a final dividend for 2022 and did not pay for 2023.

September 4, 2024

ACG completes acquisition of Gediktepe mine in Türkiye

Gediktepe is currently producing gold and silver from oxide ore, but is expected to transition to primary copper and zinc production from 2026.

September 4, 2024

Russia launches major zinc concentrate plant after delays linked to fire, US sanctions

Ozernoye aims to process up to 6 million tons of zinc ore when it reaches full capacity in 2025.

September 3, 2024

Uranium market under pressure, but long-term outlook remains positive

BMO expects uranium demand to grow by 2.9% yearly through 2035, driven by China’s push to build new reactors and the potential for reactor restarts in North America.

September 3, 2024

Turkey seeks Chinese partnership on rare earth elements for EVs

The country wants to attract Chinese electric vehicle and battery manufacturers.

September 1, 2024

Navoi Mining gets $150 million loan from Japan’s largest bank

The proceeds will be directed towards NMMC’s ongoing investment program.

August 28, 2024

Rusal’s first-half profit jumps 42% on lower costs

Rusal, which operates in Guinea, Jamaica, Ireland and Sweden apart from Russia, has been under pressure from the fallout of Western sanctions.

August 27, 2024

Polyus’ H1 profit jumps on higher global prices

Polyus on Tuesday posted a 183% jump in first-half profit.

August 26, 2024

Nornickel examining impact of latest US sanctions

The US imposed sanctions on several Nornickel subsidiaries as well as on the Bystrinsky copper and gold project.