April 7, 2023

Central banks are buying gold at a record pace so far in 2023

In January and February, central banks collectively bought a net 125 tonnes of the metal.

April 2, 2023

OPEC+ makes shock million-barrel cut in new inflation risk

The new reduction is significant for a market where — despite the recent price fluctuations — supply was looking tight for the latter part of the year.

March 24, 2023

Russia-linked Polymetal may list in Abu Dhabi

Polymetal would be the first company with majority Russian operations to trade in the Middle East.

March 23, 2023

Rusal plans further lawsuit against Potanin over Nornickel pact

Rusal wishes to "bring certain further claims" against Potanin and his affiliate Whiteleave Holdings.

March 22, 2023

Russia says gold stash grew during war, lifting veil on reserves

Russia’s gold holdings jumped by 1 million troy ounces over the last year.

March 20, 2023

UK to help Kazakh exports bypass Russia, seeks critical minerals

Kazakhstan has refused to support Russia's invasion or recognize its annexation of Ukrainian territories.

March 17, 2023

Kazatomprom’s 2022 profit doubles as it lowers 2023 production guidance

The company expects to produce between 20,500 – 21,500 tonnes of uranium on a 100% basis and between 10,600 and 11,200 tonnes of uranium on an attributable basis.

March 16, 2023

Glencore won’t renew Rusal aluminum deal as things stand

Glencore Plc is willing to walk away from a $16 billion deal to buy aluminum from Russia’s No. 1 producer.

March 15, 2023

Polyus reports 27% drop in core profit as sales fall

Net profit declined 32% to $1.6 billion on the back of a 14% fall in revenue to $4.3 billion.

March 13, 2023

Iran’s lithium discovery and potential implications to the global battery and electric mobility ecosystem

Iran is the first in the Middle East to announce a lithium discovery, estimated at 8.5 million tons LCE.