February 8, 2023

Cameco nears deal to supply nuclear fuel to Ukraine’s Energoatom

Cameco would supply natural uranium hexafluoride to the Ukrainian company between 2024 and 2035.

February 8, 2023

Glencore deposits more Russian aluminum on LME system

Glencore has deposited more than 100,000 tonnes of aluminum in LME registered warehouses in South Korea.

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.