July 11, 2023

Russia, other BRICS nations planning new gold-backed currency

The Russian Embassy in Kenya declared that "the BRICS countries are planning to introduce a new trading currency, which will be backed by gold.”

July 10, 2023

Move away from Russian metal saps Indian, Chinese stocks in LME system

Higher percentages of on-warrant Russian aluminum in LME-registered warehouses suggest consumers and traders are avoiding Russian metal even though it is not sanctioned.

June 29, 2023

Polymetal says re-domiciling will not happen until July 31 at earliest

The gold and silver producer would not complete its re-domiciling from Jersey to Kazakhstan on schedule.

June 29, 2023

Bolivia taps China, Russia’s Rosatom in bid to unlock huge lithium riches

The deals follow a similar agreement in January with giant Chinese battery maker CATL.

June 28, 2023

US sanctions gold firms suspected of funding Wagner Group

The country slapped sanctions on four companies located in the United Arab Emirates, Central African Republic and Russia.

June 28, 2023

French minister to push €1 billion uranium deal on trip to Mongolia

President Emmanuel Macron has said Japan and France will work together to boost French energy sovereignty through the supply of critical metals from Mongolia.

June 22, 2023

Polyus board decides against keeping London GDR, ADR listings

Washington last month included Polyus and Polymetal's Russian business on its list of sanctions targets.

June 18, 2023

New study quantifies violations of Indigenous peoples’ rights by extractive industries

Ten universities joined forces to conduct the largest quantitative analysis to date of the violations of Indigenous peoples’ rights by extractive and industrial developments.

June 12, 2023

Battle for aluminum stocks is draining LME of non-Russian metal

The trader that last month built up a dominant position in aluminum has begun taking delivery of some metal while rejecting supplies produced in Russia.

June 9, 2023

Russian invasion increases challenges, risks for Ukraine coal mines

Some coal mines operate despite Russian invasion.