US bankruptcy court holds Kyrgyz government in contempt over Kumtor seizure
The U.S. Bankruptcy Court for the Southern District of New York has ruled the Kyrgyz government is in contempt of court for continuing its legal…
Asia
Competition for controlling Li-ion battery production intensifies
A report by Roskill states that the competition for controlling Li-ion batteries production has intensified globally, with continuous announcements made regarding the build-out of new…
TSX Venture down, July 5-9
The S&P/TSX Venture Composite Index dropped 3.09% to finish the trading week at 938.47. Spot gold increased by US$20.60 per oz., or 1.15%, to US$1,807.90 per…
Centerra brings additional claims in Kyrgyz-Kumtor arbitration
Canadian miner Centerra Gold (TSX: CG; NYSE: CCAU) has brought additional claims in its binding arbitration against the Kyrgyz Republic government as it fights the…
BloombergNEF ups battery demand forecast
Battery metals prices have seen a strong recovery in the first half of 2021, and in its H1 Battery Metals Outlook report, which forecasts demand…
US markets rise, June 21-25
The Dow Jones Industrial Average jumped 3.37% to finish the week at 34,433.84 and the S&P 500 climbed 2.74% to 4,280.70. Spot gold increased by US$17.70…
Canada’s Top Ten royalty and streaming companies
Royalty and streaming companies have grown in number and popularity over the years. Here are the top ten royalty and streaming companies headquartered in Canada…
Chinese peak carbon by 2030 involves a major shift to renewables, says CRU
China’s journey to carbon neutrality will involve a major shift towards renewable energy, says a team of analysts at London-based business intelligence company CRU. China…
US tariffs on Chinese permanent magnets counterproductive – report
The US Department of Commerce is set to evaluate whether or not imports of rare earth permanent magnets from China poses a national security threat,…
Jetti Resources’ technology could help unlock millions of tonnes of copper from tailings
A new technology by Jetti Resources that can be used to extract copper from mine waste could be a “game-changer” for the copper industry, says…
World’s third-largest pension fund to limit coal-linked investing
South Korea’s state pension fund, the world’s third-largest, says it will stop funding new coal power projects at home and abroad, joining global efforts to…
Centerra sues former director over Kumtor mine expropriation
Centerra Gold (TSX: CG) has sued the new external manager of its Kumtor mine, which was seized by Kyrgyzstan last weekend, claiming that he conspired to…