Gold price may be set to rise – but so are risks for miners Gold saw a 34% surge in demand in the first quarter compared with the same period of 2021. Alisha Hiyate | June 8, 2022 | 12:01 pm
Alrosa nixes dividend as economic sanctions bite The company is subject to stinging economic sanctions levied by the West against Russia for its war in Ukraine. Henry Lazenby | June 8, 2022 | 11:47 am
Codelco stops smelter for maintenance after environmental incident Ventanas smelter and refinery halted to carry out maintenance after authorities declared an environmental emergency in the region earlier in the week. Reuters | June 8, 2022 | 11:22 am
Seventh missing miner found dead in flooded Burkina Faso mine The Perkoa mine was flooded after torrential rain fell unexpectedly during the West African country's dry season. Reuters | June 8, 2022 | 10:47 am
BYD may sell batteries to Tesla, executive tells state media “We are good friends with Elon Musk and we are preparing to supply batteries to Tesla,” BYD’s EVP said. Bloomberg News | June 8, 2022 | 10:20 am
Central banks to increase gold holdings over crisis concerns Anticipated changes in the international monetary system and concerns over rising economic risks in reserve currency economies are also major factors. Bloomberg News | June 8, 2022 | 9:40 am
Montage expands landholding in Côte d’Ivoire with acquisition of Barrick-Endeavour JV project Its consolidated land position at the Koné gold project will increase to over 2,250 square kms. Staff Writer | June 8, 2022 | 9:26 am
Iron ore price slips as Chinese steelmakers face margin pressure "The short-term drive is upward but the valuation is on the high side, and the risk of volatility will increase in June-July," Zhongzhou Futures analysts said. MINING.COM Staff Writer | June 8, 2022 | 9:17 am
Mongolia urges transparency as Rio Tinto seeks control of Oyu Tolgoi Erdenes Oyu Tolgoi, the Mongolian state-owned firm, also wants Rio to grant more power to local management. Reuters | June 8, 2022 | 9:12 am