Kimberley Process stalls again on conflict diamonds
The Kimberley Process (KP) has failed for a third straight year to agree on an expanded definition of conflict diamonds after a five-day plenary in Dubai. Delegates from 86 member…
Russia and Central Asia
Interactive: Global uranium demand
While nations need reliable, low-carbon energy to meet rising demand and reach climate goals, nuclear power is staging a powerful comeback. This infographic surveys the global nuclear energy…
Kazakhstan, US sign critical minerals pact
Kazakhstan, the world’s biggest uranium producer, has signed a memorandum of understanding with the United States government in the field of critical minerals. The document was signed by Yersayin Nagaspayev,…
Anglo Asian inks copper contract with Trafigura
Anglo Asian Mining (LSE: AAZ) has contracted to sell concentrates produced at its newly started Demirli copper mine to global commodities trader Trafigura. The sales contract includes a revolving prepayment…
China to suspend new REE export controls for 1 year
China agreed to suspend a planned expansion of export controls on rare earth elements (REE) for a year after U.S. President Donald Trump struck a broad trade deal with his…
Infographic: Uranium production – Spheres of control
Today, uranium production is firmly dominated by the Russian sphere of control, which accounts for roughly 60% of global supply. This concentration of dominance reflects the historic weight of Kazakhstan,…
Sprott buys most uranium in 2.5 years
The Sprott Physical Uranium Trust (TSX: U.U for USD; U.UN for CAD), the world’s largest holder of the heavy metal, now has about 70 million lb. of uranium after it bought 450,000…
Gold price hits new record high
Gold pushed to a record $3,728 per oz. on Monday before easing about $10 an oz. as investors piled into exchange-traded funds, extending a rally that resumed after last week’s…
Seabed miners face squeeze under oceans law
A newly ratified treaty to safeguard life at sea is expected to intensify opposition to deep-sea mining at a United Nations climate summit this week in New York, running alongside…
Mining Forum Americas: Former Barrick CEO elevates Fourmile in Nevada plan
Colorado Springs, Colo. – Barrick Mining (TSX: ABX; NYSE: B) says its new Fourmile project in Nevada can be developed without new processing plants and fits within the company’s capital-returns…
Beaver Creek: ‘Paper gold is over’ as BRICS build dollar-free payments
Beaver Creek, Colo. – Canadian dealmaker Frank Giustra says the age of paper gold is ending as BRICS nations stand up a parallel financial system that routes around the U.S….
China’s steel demand share to plunge 36% by 2050
China’s steel consumption is projected to decline steadily over the next decade, marking a structural shift in global demand dynamics, according to a new report from Wood Mackenzie. The country…