Asteroid mining startup AstroForge to launch first space missions this year

The first launch, scheduled for April, will test AstroForge’s technique for refining platinum from a sample of asteroid-like material.

Bloomberg News | January 24, 2023 | 8:19 am

Nornickel forecasts output drop in 2023 due to planned maintenance

Nickel and palladium production is expected to fall due to planned refurbishment at Nadezhda metallurgical plant.

Reuters | January 24, 2023 | 7:48 am

Potanin says sanctions constrain Nornickel, force it to adjust strategy

Potanin was placed on a US sanctions list as part of wider measures targeting people close to Vladimir Putin.

Reuters | January 23, 2023 | 8:12 am

Canaccord bullish on gold price, Endeavour, Kinross and Probe

Gold price may hit an average of $1,862 this year, up from its record average of $1,802 in 2022, says the investment bank.

Staff Writer | January 20, 2023 | 12:46 pm

Japanese thieves target Prius hybrids for platinum and palladium

Palladium prices spiked shortly after the invasion of Ukraine.

Bloomberg News | January 19, 2023 | 8:26 am

JPMorgan may move into precious metals clearing in Zurich

The lender may begin to offer to settle its clients’ trades using metal located in Zurich, according to people familiar with the matter.

Bloomberg News | January 12, 2023 | 9:51 am

Vale evaluates offers for $2.5 billion base metals unit

Vale Base Metals, to be based in the UK, will have nickel mines in Canada and Indonesia, copper mines in Brazil, and interests in cobalt and platinum group metals.

Cecilia Jamasmie | January 10, 2023 | 6:09 am

Top 50 mining companies in 2022: coal, lithium win big, China investors lose out

Commodity prices are always volatile, but in 2022 metal and mining markets reached new levels of turbulence, as the pandemic played out in China and the Ukraine war upended global energy.

Frik Els | January 9, 2023 | 11:16 am

Recession risks to weigh on precious metals prices, but weaker dollar would help — report

Depending on the direction for the dollar resulting from the Fed's actions, gold is likely to fall in range between $1,620/oz $1,920/oz.

Staff Writer | January 3, 2023 | 10:56 am

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