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Trafigura, one of the world’s largest commodity traders, expects copper prices to rise by a third from its current levels due to a global shortage and hit $12,000 per tonne within the next 12 months.
Russia and China will struggle for common policy on possible Russian soft underbelly Central Asia, Afghanistan, Mongolia, the vital Europe/Asia Caucasus crossroads, the Baltics, CEE and SEE.
Pandemic and Ukraine war impacts bring hardship that makes battle to subsist outside of the city a gruelling challenge.
If promises are fulfilled, big gains for public purse and industries such as electric vehicles and renewable energy will be seen.
Resource found in Hamedan could be first of several finds in province.
The London Metal Exchange (LME) has published its first report breaking down inventories by country of origin, showing a large increase in the proportion of Russian metal sitting in the exchange’s warehouses.
Partly thanks to infrastructure projects blown up by the militants while they were trying to turf out the US, Afghanistan is dependent on neighbours for 73% of its electricity.
Rostelecom already controls another "big four" mobile operator, Tele2 Russia, and the acquisition of MegaFon would result in large-scale state consolidation of the TMT sector.
Move might enable gold and silver miner to carve out its Russian business.
Chinese slowdown means fewer resource exports for Mongolia. It’s a grievous blow.
A watered down ninth package of sanctions against Russia was agreed at a late-night session of EU leaders on December 15 after very difficult discussions.
Christmas trees burnt down, road blocked in Ulaanbaatar as demonstrators demand details on fate of 44 trillion tughrik, or $12.8bn, in times of economic hardship.
Government plans to transform state miner Erdenes Mongol into SWF tasked with wisely investing coal, copper, gold and other earnings.
Prices are important economic signals. High prices – whether for energy foodstuffs, etc., are signals to the world to (a) supply more; (b) substitute; or (c) conserve. But how do you bring inflation down?
A new $100mn project run by members of both presidents’ families highlights the tight relations between Turkey and Azerbaijan.
Global aluminium prices briefly rallied after news that the United States is considering an effective ban on Russian imports of the metal in response to its invasion of Ukraine.
LSE-listed miner Kavango Resources has identified an Iron Oxide Copper Gold (IOCG) system at its Ditau Project in southwestern Botswana, Proactive Investors ...
LSE-listed mineral exploration company Kavango Resources says it sees a ‘huge upside’ at its Kalahari Copper Belt (KCB) project in Botswana, Proactive Investors reports. The Botswana-focused ...
Zimbabwean company RioZim has acquired Sperrgebiet Diamond Mine in Namibia for $58mn as it seeks to expand in Africa, Bloomberg ...