India launches first international bullion exchange to bring transparency India International Bullion Exchange could lead to standard gold pricing in India. Reuters | July 29, 2022 | 8:06 am
Debswana diamond sales jump 54% in first half of 2022 Sales were driven by strong jewelry demand in the US market. Reuters | July 29, 2022 | 8:01 am
Brazil’s Usiminas Q2 net profit falls 77% after forex losses In the mining division, second-quarter iron ore sales rose 16% from a year ago. Reuters | July 29, 2022 | 7:58 am
Research on earth’s ancient water cycle may shed new light on how largest gold deposits formed A new study shows that water was transported much deeper in the early earth than previously thought. Staff Writer | July 29, 2022 | 6:06 am
Glencore flags cash tied up in record trading profits The world’s biggest commodity trader is expected to report record profits next week, driven by surging thermal coal prices and record trading returns. Bloomberg News | July 29, 2022 | 5:55 am
Eldorado Gold operating costs up more than 20% in Q2 The Canadian gold miner saw cash operating costs for the second quarter jump by 22%, while costs per ounce sold increased by 9%. Cecilia Jamasmie | July 29, 2022 | 3:18 am
First global gold exchange in India seen burnishing hub role The India International Bullion Exchange is expected to attract dealers, refineries and foreign banks, its CEO said. Bloomberg News | July 28, 2022 | 4:57 pm
Vale earnings disappoint as miners grapple with stagflation Adjusted earnings before items came in at $5.25 billion in the second quarter, the Rio de Janeiro-based company reported Thursday. Bloomberg News | July 28, 2022 | 3:27 pm
Canada races ahead of US on current lithium project pipeline Technology seen as key to unlocking economic new supplies across hard rock, brine and clay sources Henry Lazenby | July 28, 2022 | 2:24 pm