Airbus wins reprieve from Canadian sanctions on Russian titaniumCanada has granted Airbus a waiver to allow it to use Russian titanium in its manufacturing after becoming the first Western government to ban supplies of the strategic metal.Reuters | April 23, 2024 | 12:43 pm
Flooding in Russia raises concerns of radioactive contamination in Tobol RiverRosatom has previously claimed that uranium deposits are fully isolated…Staff Writer | April 23, 2024 | 10:30 am
Nornickel cuts nickel production by 10% y/y in Q1The company confirmed its 2024 production forecast, expecting nickel production…Reuters | April 22, 2024 | 6:03 am
Uranium developers say supply jolt is boosting new projects Kazatomprom this month lowered its 2024 guidance by as much as 14%. Bloomberg News | February 13, 2024 | 7:46 am
Gecamines offers to buy some of Khazakh miner ERG’s copper assets Congo state miner has made a firm proposal to buy some of Eurasian Resources Group's copper and cobalt assets in the country. Reuters | February 13, 2024 | 7:30 am
New method could simplify detection of diamond deposits Geologists have established a link between diamond occurrence and the mineral olivine. Staff Writer | February 11, 2024 | 6:06 am
Nornickel’s 2023 profit slumps 51% on falling metal prices Nornickel expects a further decline in its nickel and palladium output this year, due to geopolitical risks and postponed furnace repairs. Reuters | February 9, 2024 | 7:54 am
Some Russian banks may have swapped gold for dollars, report says Russia has faced a shortage of dollars and euros as it’s increasingly shut out of the western financial system. Bloomberg News | February 7, 2024 | 8:51 am
Fire damage, sanctions delay start of new Russia zinc mine The Ozernoye zinc mine, which would be Russia's largest, has been hit by the Western sanctions. Reuters | February 5, 2024 | 10:32 am
Putin signs decree allowing transactions with Russneft shares Glencore previously owned around 24% of Russneft's share capital. Reuters | February 3, 2024 | 12:31 pm
Uranium stocks extend surge after Kazakh miner cuts output Kazatomprom lowered its guidance for production for this year by 12% to 14%. Bloomberg News | February 1, 2024 | 5:47 pm
Gold demand to hit record with central bank buying, WGC says Overall consumption climbed by about 3% to 4,899 tons last year, supported by strong demand in the OTC market, the World Gold Council says. Bloomberg News | January 31, 2024 | 10:10 am