The Ekati diamond mine in Canada will be shut down by court order after its owner, Burgundy Diamond Mines, failed to find a buyer for the asset.
Yesterday
Zijin has started exporting lithium concentrate from its Manono project in the Democratic Republic of Congo, according to Reuters.
Yesterday
The demand for Norilsk Nickel metals in the global market is stable, but the situation with logistics and sales will remain difficult, said president of the company Vladimir Potanin during a meeting with Russia’s president Vladimir Putin.
Yesterday
Chrome is a growing value contributor to Sibanye-Stillwater's South African platinum group metals portfolio, delivering margins, resilience and project support, Mining Weekly has reported.
Yesterday
RT-Engineering, a holding company of the Rostec state corporation, has completed the main stage of construction at the Chernogorsk Mining and Processing Plant, which will become a major new center for mining and processing of ores containing platinum...
Yesterday
By Debajit Saha
(lbma.org.uk) - Gold’s outstanding rise overwhelmed the leading global equity indexes in 2024, underscoring its growing value as a safe asset against ever-rising market turbulence. Gold appreciated 26% in 2024, outpacing global equity indices by far, except the S&P 500 and Nasdaq, both of which performed close to gold. It was the US market that performed best in 2024 among global indices, despite having high inflation and high interest rates.
