February 8, 2023 2022 was record year for central bank gold buying, WGC confirms Central bank demand for gold totalled 1,136 tonnes valued at some $70 billion in 2022.
February 8, 2023 Angola seeks dual listing for diamond miner Endiama, to sell 5-10% stake first Endiama plans to more than double its diamond production between 2022 and 2027.
February 7, 2023 UK provides model for LME response to US aluminum tariffs When the UK imposed tariffs on Russian metal last year, the LME responded by banning new deliveries of Russian metal into its warehouses in the UK.
February 7, 2023 ERG to spend $1.8 billion doubling African copper, cobalt output Currently, the company produces 200,000 tonnes of copper and 25,000 tonnes of cobalt annually at the mines across the central African copper belt.
February 6, 2023 US plans 200% tariff on Russia aluminum as soon as this week The move against aluminum also continues efforts by the US and European Union to blunt Russia’s role as global commodities powerhouse.
February 6, 2023 Burkina Faso denies favouring Nordgold over gold mine permit Burkina Faso did not award a mining permit to Nordgold because it is a Russian company, its mines minister said.
February 3, 2023 Russians bought record number of gold bars in 2022, data shows State-controlled VTB Bank said it sold 33.8 tonnes of gold bars to customers in 2022, with clients holding 50 billion roubles ($711 million) of the metal.
February 1, 2023 Russian forces help secure Central Africa gold zone in new pact A deal struck between the CAR, Chad and Sudan aims to fight armed groups operating along the mineral-rich borders with the neighboring states.
January 30, 2023 Glencore sells Russian aluminum into LME storage, sources say A build-up of Russian metal is likely to raise concern in the market that benchmark LME prices will weaken.
January 25, 2023 Polymetal’s Q4 revenue jumps on inventory clearance Polymetal has not been directly targeted by Western sanctions imposed on Moscow.
Iamgold’s Lemelin thanks mentor for Africa option Bruno Lemelin recalls his first Iamgold boss urging him to join Essakane in Burkina Faso as regional politics began to unravel. December 26, 2025 | 05:00 am
