Race for moon resources has begun, says Russia’s space chief after failed lunar missionRussia's Luna-25 spacecraft spun out of control and crashed into the moon on Saturday after a problem preparing for pre-landing orbit.Reuters | August 21, 2023 | 9:33 am
Russian miners, Chinese investors interested in Polymetal’s Russian assets – FTCEO said that the company intends to sell assets within…Reuters | August 21, 2023 | 7:25 am
Chromium may start replacing noble metals in cell phone screensChromium compounds may be able to replace osmium and ruthenium…Staff Writer | August 20, 2023 | 7:11 am
World’s coal consumption set to breach new record this year Coal usage looks likely to increase by 1.2% in 2022, surpassing 8 billion tons in a single year for the first time. Bloomberg News | December 16, 2022 | 8:37 am
Inflation, uncertainty fuel new gold rush at ancient Austrian Mint One of the world's oldest and biggest producers of gold bullion coins is unable to keep up with demand as people rush to find a safe haven. Reuters | December 15, 2022 | 9:53 am
Goldman says commodities will gain 43% in 2023 as supply shortages bite The bank sees copper jumping to $10,050 a tonne from around $8,400. Bloomberg News | December 15, 2022 | 8:30 am
US sanctions Russia’s richest tycoon, Nornickel boss Potanin The action against Potanin was part of a broader sanctions package the Treasury Department rolled out Thursday. Bloomberg News | December 15, 2022 | 8:24 am
Norsk Hydro to raise capex, cut more costs About half of Europe's aluminum production has been shut down as a result of a surge in energy costs since Russia's invasion of Ukraine. Reuters | December 15, 2022 | 8:13 am
Eldorado Gold board okays Skouries gold-copper project restart Eldorado’s focus now shifts to project execution, with first production at the mine expected in the second half of 2025. Cecilia Jamasmie | December 15, 2022 | 6:47 am
Germany entirely dependent on imports for 14 critical raw materials – study In the case of rare earths, Germany is more than 90% dependent on supplies from China. Reuters | December 14, 2022 | 10:40 am
UK’s largest money laundering prosecution heads for a retrial Prosecutors said gold bars and grain were purchased using the laundered funds for ultimate export to Dubai. Bloomberg News | December 14, 2022 | 9:55 am
Vulcan Energy delays lithium output target by a year Company is around a year behind schedule to reach an annual capacity of 40,000 t because of supply chain delays. Reuters | December 14, 2022 | 7:40 am