New US sanctions more likely to curb Indian imports of Russian coal, traders sayThe sanctions could benefit other coal suppliers such as Indonesia, Australia and South Africa.Reuters | March 1, 2024 | 7:53 am
Indonesia says its nickel supply will keep global prices lowNickel prices plunged by around 45% last year, and dipped…Bloomberg News | February 29, 2024 | 7:10 am
Diamond producers warn of pitfalls in G7’s Russia gem banRussia is the biggest global supplier of uncut diamonds by…Henry Lazenby | February 28, 2024 | 3:02 pm
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
India to start critical mineral blocks auction process this year The blocks are for minerals including nickel, lithium, cobalt and platinum, along with rare earths. Bloomberg News | August 30, 2023 | 8:13 am
Eramet to resume manganese mining in Gabon after coup Eramet has stopped its manganese mining operations and train-transport operations in Gabon out of precaution. Bloomberg News | August 30, 2023 | 7:42 am
Indonesian nickel smelters turn to Philippines for ore as local supply tightens Jakarta recently delayed the issuing of mining quotas and suspended operations at a key site of state miner Aneka Tambang. Reuters | August 30, 2023 | 7:34 am
Codelco woes mount with potential rating cut by Moody’s Moody’s Investors Service potential downgrade adds to Codelco's worries, including rising debt, declining ore grades and inflation. Cecilia Jamasmie | August 30, 2023 | 6:15 am