Zinc climbed to its highest level since June 2022 on the London Metal Exchange (LME) Thursday, as warehouse stockpiles drained to multi-year lows and mine supply cuts tightened the physical market. LME zinc for cash settlement closed at $4,107 a tonne ($1.86 a pound) on Aug. 27, the highest since June 2022 and up 55% from a trough of about …
Continue ReadingUzbekistan exported gold worth $1.3 billion in July 2026 after a two-month pause, the Uzbek National Statistics Committee said in a publication. Apart from July, Uzbekistan has only exported gold in April this year. According to the statistics, it exported non-monetary gold for a sum of $2.804 billion in January-July 2026. The share of gold in overall exports decreased to …
Continue ReadingThe critical minerals segment has been driving acquisition and financing activity in the Brazilian mining sector in recent days. This week, the Canadian company Lithium Ionic completed the sale of its Salinas project in Brazil to the Australian company PLS Group Limited, in a US$37.5 million transaction. According to the Canadian company, the funds raised from the sale will strengthen its cash position and make …
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