Kinross reports ‘messy’ Q1 results as sale of Russian assets awaits approval
Kinross Gold (TSX: K; NYSE: KGC) says that the company is in “uncharted territory” regarding the closure of the sale of its Russian assets. In…
Russia and CIS
Zinc price to remain high in the near term on Russia-Ukraine conflict – report
Market analyst Fitch Solutions Country Risk & Industry Research has revised its 2022 zinc price forecast higher by more than 20% to US$3,500 per tonne….
Sanctioned Russian nickel could slow global EV adoption, report
Sanctioning Russian nickel will slow the adoption of electric vehicles (EVs) and hinder the decarbonization of Western economies, according to a new report from GlobalData….
Alrosa suspends Natural Diamond Council membership
The affected by sanctions Russian diamond miner said it was doing “everything” needed to mitigate the impacts of the conflict on its clients and partners.
Kinross says its Russian gold mines unaffected by sanctions
Canadian senior miner Kinross Gold Corporation (TSX: K; NYSE: KGC) says its operations in Russia are operating to plan and currently remain unaffected by Western…
Alrosa says global diamond sector “fully recovered” from pandemic hit
Alrosa, the world’s top diamond miner by output, says the industry has “fully recovered” from the Covid-19 pandemic as a structural production decline paired with…
Fortescue best positioned to weather industry disruption – report
Fortescue Metals (ASX: FMG) leads in an Australia-heavy Top 10 listing of companies based on leadership in 10 areas that matter the most to the…
Forecasts morph into reality as tech metals fundamentals heat up
The world is at the start of an exponential upswing in demand for the suite of technology metals as a global top-down push for the…
Aluminium premia spike on planned Russian export tax
Russia has proposed introducing an export duty on aluminum as part of new measures to curb creeping inflation, sending regional premia in crucial European markets…
Developing a market for scandium oxide
If you blinked you might have missed the news last week but it was extraordinary: Rio Tinto (NYSE: RIO; LSE: RIO) and the Quebec government…
Chairman offers to take Kazakhstan’s Kaz Minerals private
Oleg Novachuk and Vladimir Kim, the current and past chairman of Kaz Minerals (LSE: KAZ), are proposing a buyout offer of the pure-play copper company….
Nordgold-Shandong bidding war intensifies on ‘misleading’ statement from Cardinal
A long-running battle between Nordgold (LSE: NORD) and China’s Shandong Gold Mining over Cardinal Resources (ASX: CDV) has taken a legal turn after the Russian…