May 23, 2022

Jamaica says Rusal making consistent payments on tax bill

Rusal has paid about 45% so far of a $35 million bauxite production levy that it owes Kingston.

May 23, 2022

Metals traders ‘self sanction’ key Russian palladium, disrupting markets

Traders are concerned about getting stuck with Russian-branded bars if they are unable to sell them.

May 23, 2022

Nornickel cuts estimate of 2022 global palladium deficit

It expects a global palladium market deficit of 100,000 ounces and a global nickel market surplus of 37,000 tonnes in 2022.

May 22, 2022

Africa’s domestic mining sector not severely impacted by sanctions against Russia – report

The Economist Intelligence Unit says Russian mining activities in Sub‑Saharan Africa will be impacted by sanctions but without having a serious negative impact on domestic mining sectors.

May 20, 2022

China spent over $6 billion on Russian energy imports in April

Purchases of oil, gas and coal jumped 75%.

May 19, 2022

Arconic to sell Russian operations, take $500 million charge

The Pittsburgh-based aluminum-sheet manufacturer said the conflict in Ukraine has made its operation in Russia untenable.

May 18, 2022

How ‘weak sustainability’ helps miners contribute to the UN development goals

Researchers suggest that stage.mining.companies should focus on achieving ambitious yet realistic sustainability targets.

May 17, 2022

Russia’s biggest gold producer’s largest shareholder donates 100% of shares

Polyus said Wandle Holdings donated shares to the Fund for support of Islamic foundations.

May 15, 2022

Electric cars to account for over 80% of battery demand over next 20 years despite current challenges – report

At present, electric cars are the largest market among EVs, with sales more than doubling in 2021 to over 6.4 million.

May 12, 2022

Global diamond trade fractures under the weight of Russia sanctions

Russian mining giant Alrosa supplies about a third of the world’s raw gems, and US sanctions against the company are causing panic in the industry.