A representative of the Russian Finance Ministry said that diamond mining company ALROSA may sell its stake in the Angolan diamond project Catoca before the annual general meeting of shareholders (AGM) of the latter, set to take place on June...
Yesterday
Rosneft Corporation became the sole owner of the rich Tomtor rare earth metal (REM) deposit in Yakutia.
Yesterday
South Africa’s Department of Mineral and Petroleum Resources (DMPR) has granted environmental authorisation (EA) for a mining right and related infrastructural activities to Southern Palladium’s 70% subsidiary, Miracle Upon Miracle...
Yesterday
Pensana has commenced construction activities at its Longonjo rare earths project in Angola, following a $25-million investment from the Fundo Soberano de Angola (FSDEA), the country’s sovereign wealth fund.
Yesterday
Emirates Global Aluminium (EGA) plans to begin construction of a $4 billion aluminium plant in the United States next year.
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.
