Polymetal agrees $3.7bn Russian asset sale to Siberian gold miner

The WPIC forecasts a record 1-million-oz. platinum deficit for 2023.

The project would require estimated investment of 121.5 billion roubles ($1.26 billion), with production to start in 2032.

India has asked the US to release $26 million belonging to at least two Indian diamond firms frozen due to their alleged trade links with Alrosa.

Physical sales volume rose 24%, while gold output jumped 36% to 1.45 million ounces.

The world’s largest uranium producer has for the six months to June reported a 25% year-on-year growth in consolidated revenue.

The emerging global hydrogen supply chain is essentially “made of platinum,” says Bank of America Global Research commodities strategist Michael Widmer.

By 2025, deficit is projected to spike to 217,000 tonnes and could further intensify to a staggering 2.2 million tonnes by 2032.

Maike until recently was responsible for a quarter of China’s refined copper imports, but ran into difficulties last year.

The $5 billion Urenco plant in Eunice supplies about one-third of US demand for enriched uranium and is in the process of boosting output by 15%.