Nornickel to pay $18m to drop its stake in nickel JV in South Africa

A build-up of Russian metal is likely to raise concern in the market that benchmark LME prices will weaken.

Polymetal has not been directly targeted by Western sanctions imposed on Moscow.

Drilling at Beskauga continues to deliver near-surface, broad intervals of significant copper-gold mineralization.

Nornickel has proposed slashing its annual dividend for 2022 to $1.5 billion from the $6.3 billion paid out for 2021.

Bolivia's iconic salt flats are home to the world's largest lithium resources at 21 million tonnes.

The metal will probably average $3,125 a ton this year in London, analysts said.

Like many other Russian commodities companies, NLMK had scrapped its dividend plans earlier in 2022.

Chinese EV makers are working to lower their carbon footprint in anticipation of growing pressure from overseas consumers to decrease emissions.

The Mining Intelligence latest top ten list ranks the world’s richest diamond mines, delineated by production and estimated value.