July 24, 2023 Non-Western supplies start replacing Nornickel’s old mining equipment For 2023, the company is on track to reach its 2023 production forecast.
July 21, 2023 Hydro says Russian metal threatens LME benchmark, Rusal hits back While there are no sanctions on Russian metal, consumers are ignoring aluminium produced by Rusal, which accounts for 6% of global supplies.
July 20, 2023 US imposes sanctions on Russian copper producer UMMC As of 2020, it was producing around 40% of Russian copper.
July 20, 2023 Orea amends deal with Nordgold regarding stake in French Guiana project In August 2022, Orea announced that it would be buying out Nordgold's majority stake in the 5-million-ounce project for C$100 million.
July 14, 2023 Trade body considers calling for EU ban on Russian aluminum, but not Rusal The EU has so far restricted imports of only a limited number of specific aluminum products from Russia.
July 11, 2023 Countries repatriating gold in wake of sanctions against Russia, study finds An Invesco survey showed a "substantial share" of central banks were concerned by the precedent that had been set.
July 11, 2023 Russia, other BRICS nations planning new gold-backed currency The Russian Embassy in Kenya declared that "the BRICS countries are planning to introduce a new trading currency, which will be backed by gold.”
July 10, 2023 Move away from Russian metal saps Indian, Chinese stocks in LME system Higher percentages of on-warrant Russian aluminum in LME-registered warehouses suggest consumers and traders are avoiding Russian metal even though it is not sanctioned.
June 29, 2023 Polymetal says re-domiciling will not happen until July 31 at earliest The gold and silver producer would not complete its re-domiciling from Jersey to Kazakhstan on schedule.
June 29, 2023 Bolivia taps China, Russia’s Rosatom in bid to unlock huge lithium riches The deals follow a similar agreement in January with giant Chinese battery maker CATL.
Congo pitches new $29 billion iron ore and logistics project The first phase of the project would require the construction of heavy rail and transport on the Congo River. January 13, 2026 | 10:11 am
