September 20, 2023

Alrosa suspends diamond supply for Sept-Oct – India’s trade body

The move aims to avert a supply glut in the global market and aid diamond prices amid weak demand.

September 19, 2023

Veracio acquires Minalyze in $29 million deal

Deal combines Veracio’s AI and analytics solutions and Minalyze’s geological data visualization technology.

September 19, 2023

Aurubis trims annual forecast further after metal theft

After concluding its metal stocks inventory, Aurubis identified damage amounting to 185 million euros.

September 19, 2023

Trafigura revamps senior leadership, giving energy more weight

CEO and executive director Jeremy Weir is staying in his roles while Ben Luckock has become the sole head of oil trading.

September 19, 2023

The mission to create Europe’s battery hub, whatever the cost

In just a few years, Hungary is projected to become the fourth-largest producer of batteries globally.

September 19, 2023

WGC steps up efforts to boost supply chain transparency

All 33 members with operating gold mines will publish the names and locations of their refining partners at least once a year.

September 18, 2023

Poland proposes ban on Russian diamonds, LPG in new sanctions package

The Polish proposal will now be considered by the European Commission.

September 18, 2023

Glencore took low volumes of Rusal aluminum, contract could go to 2025

Glencore bought only a small portion of a potential 6.9 million metric tons of aluminum it could have bought in 2020 to 2022.

September 18, 2023

Savannah Resources denies reports of Barroso project, company sale

The company is in the process of identifying potential partners for the project, slated to be western Europe’s largest lithium mine.

September 18, 2023

Erdogan asks Musk to build Tesla factory in Turkey

Tesla currently has six factories and is building a seventh in Mexico.