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The foreign ministers of Australia, India, Japan and the US met in New Delhi on May 26 and agreed to jointly build a port in Fiji, signed a critical minerals framework and launched an Indo-Pacific Energy Security initiative. US Secretary of State Marco Rubio says the minerals framework will guide how to leverage economic policy tools and coordinate investment to strengthen critical minerals supply chains, including in mining, processing and recycling.
India raises gold and silver import tariffs to 15% to curb demand and support rupeeIndia has raised import tariffs on gold and silver to 15% from 6% as part of efforts to curb overseas purchases and ease pressure on foreign exchange reserves. Prime Minister Narendra Modi on May 12 urged people to avoid gold purchases for a year to help protect reserves, while industry officials warn the higher duties could revive smuggling.
Cameco signs $2.6bn uranium supply agreement with India during Carney visitCanadian uranium major Cameco has signed a C$2.6-billion long-term supply agreement with India's Department of Atomic Energy, committing to deliver nearly 22-million pounds of uranium ore concentrate over nine years from 2027 through 2035. The agreement was formalised in New Delhi during Canadian Prime Minister Mark Carney's bilateral visit to India on March 2 and forms part of a newly announced Canada–India Strategic Energy Partnership.
Narendra Modi Updates
The foreign ministers of Australia, India, Japan and the US agreed to jointly build a port in Fiji and signed pacts covering critical minerals and energy security, as they sought to inject fresh...
India has raised import tariffs on gold and silver to 15% from 6%, government orders said on Wednesday, as part of efforts to curb overseas purchases of the metals and ease pressure on the...
Indian banks have resumed gold and silver imports after a hiatus that stretched for more than a month by agreeing to pay a 3% customs levy that earlier prompted lenders to halt shipments, trade and...
Canadian uranium major Cameco has signed a C$2.6-billion long-term supply agreement with India’s Department of Atomic Energy, committing to deliver nearly 22-million pounds of uranium ore...
India moved to deepen trade ties with Brazil on Saturday, signing a pact to expand cooperation in mining and minerals as it seeks to meet rising domestic steel demand and support capacity expansion...
President Emmanuel Macron called for a renewed push by French companies and financiers into Africa, arguing that excessive regulation and corporate caution have allowed rivals to displace France...
Canada and India are close to finalizing an export agreement in a deal valued at about $2.8-billion, the Globe and Mail reported on Monday, citing people familiar with the matter. The deal for...
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