BMO bankers sent each other crude memes before they were firedMultiple former employees who spoke with Bloomberg also said it wasn’t the first case of crude jokes being circulated.Bloomberg News | February 26, 2024 | 9:48 am
Nickel faces existential moment with half of mines unprofitableNickel price fell 45% last year, and is currently hovering…Bloomberg News | February 26, 2024 | 7:01 am
Indian steel mills seek iron ore export ban as China sales jumpIndian exports jumped 170% to 44 million tons last year…Bloomberg News | February 25, 2024 | 12:03 pm
Fortescue founder toys with reverse greenwashing Guy Debelle resigned from the board of Fortescue’s green energy, continuing the run of abrupt departures by executives at the miner. Reuters | September 1, 2023 | 8:01 am
Vedanta lobbied to weaken environmental regulations during pandemic – report Vedanta's oil business, Cairn India, also successfully lobbied to have public hearings scrapped, an OCCRP report says. Reuters | August 31, 2023 | 4:12 pm
Taliban says it signed mining deals worth over $6.5 billion According to AP, the contracts are with locally based companies, many of whom have foreign partners in countries including China, Iran, and Turkey. Jackson Chen | August 31, 2023 | 3:38 pm
Europe’s top copper producer Aurubis hit by huge metals scam The company said related damages might be in the low, three-digit-million-euro range. Bloomberg News | August 31, 2023 | 10:22 am
The biggest fossil fuel subsidies are indirect, and bigger than ever The IMF calculated that just over $7 trillion in subsidies went to fossil fuels last year. Bloomberg News | August 31, 2023 | 8:16 am
Coal miners forced to save for a rainy day by insurance snub Some coal producers are having to set aside tens of millions of dollars to cover their own risks as they are cut adrift by insurers. Reuters | August 31, 2023 | 7:41 am
Impala boss says speed of palladium and rhodium price falls was a surprise Rhodium has dropped more than two thirds in 2023 so far, while palladium is down 31% this year. Reuters | August 31, 2023 | 7:31 am
Lithium revival a dead cat bounce as prices slump to 20-month low Sales-weighted worldwide prices for lithium the lowest since December 2021 as weakness in China is exported elsewhere. Frik Els | August 30, 2023 | 2:58 pm
India asks US to release funds frozen over suspected Russia diamond link – sources India has asked the US to release $26 million belonging to at least two Indian diamond firms frozen due to their alleged trade links with Alrosa. Reuters | August 30, 2023 | 8:28 am