Russian gold in hands of obscure firms as JPMorgan, HSBC exit Dozens of logistics firms and merchants that are small players in the gold sector have taken over the Russian bullion trade. Bloomberg News | May 2, 2023 | 10:02 am
Charted: Commodities vs equity valuations (1970–2023) The commodities-to-equities ratio recently hit a 50-year low. In the past, when this ratio reached such levels, commodity supercycles began. Visual Capitalist - Elements | May 2, 2023 | 9:39 am
BMC Minerals expands Yukon portfolio with Kona copper-gold deal The Kona open pit and underground deposit hosts total indicated resources of 3 million tonnes grading 1.4% copper, 0.7 g/t gold and 4 g/t silver. Staff Writer | May 2, 2023 | 9:22 am
Atlas Lithium secures $20 million from royalty sale to expedite Neves project in Brazil The company is selling a 3% gross overriding revenue (GOR) royalty to Lithium Royalty Corp. Staff Writer | May 2, 2023 | 9:18 am
Hummingbird Resources expects first gold pour at Kouroussa this quarter Kouroussa is forecast to produce an average of 100,000 ounces of gold per annum over an initial seven year LOM. MINING.COM Staff Writer | May 2, 2023 | 9:09 am
Ferrexpo’s CEO Jim North to step down The group said Board Chair Lucio Genovese will act as executive chair on an interim basis. Reuters | May 2, 2023 | 8:20 am
India’s NMDC in talks with Australia’s Hancock for lithium mining NMDC is also working on plans to export low-grade iron ore to China. Reuters | May 2, 2023 | 8:18 am
Hindustan Zinc’s all-cash bid for Vedanta’s assets lapses Hindustan Zinc's shares prices have tumbled since the deal was announced. Reuters | May 2, 2023 | 8:08 am
Gold Fields partners with Osisko in Canadian joint venture The miner will acquire 50% of the Windfall gold project in Quebec. Reuters | May 2, 2023 | 8:05 am