Transnet snubs Kumba’s overture to run lucrative South African iron ore rail line Kumba Iron Ore wants to lease the line from Transnet or run it on a concession basis. Bloomberg News | February 24, 2023 | 10:45 am
Chinese group heads to LME with plan to draw a line under nickel crisis Zhejiang Huayou Cobalt plans to discuss an application to register the company’s nickel for delivery on the exchange. Bloomberg News | February 24, 2023 | 9:50 am
Lithium producers defy mining sector slump with surging profits Lithium producers in Australia saw profits surge on the back of high prices last year. Bloomberg News | February 24, 2023 | 8:00 am
US announces tariffs on Russian metals including aluminum The White House will raise tariffs on more than 100 Russian metals, minerals and chemical products. Bloomberg News | February 24, 2023 | 7:52 am
Newmont’s M&A drive offers path from decade-long gold rut They want to become the Exxon of the gold sector — so big that the generalist investor thinks of them when they think of gold," says analyst. Bloomberg News | February 23, 2023 | 1:20 pm
Supply squeeze sparks 122% rally in little-known metal market The world’s hottest metals market at the moment is molybdenum, the obscure commodity that’s used to help toughen steel. Bloomberg News | February 23, 2023 | 11:08 am
HSBC says greenwash risks have potential to impede market access The decision comes as financial watchdogs make increasingly clear they won’t tolerate exaggerated or false ESG claims. Bloomberg News | February 23, 2023 | 10:24 am
LME nickel to trade in Asian hours for first time since crisis The LME has been seeking to restart trading during Asian hours for several months. Bloomberg News | February 23, 2023 | 10:15 am
Death toll rises after coal mine collapses in northern China Police are investigating the cause of the disaster at the open pit operation in Inner Mongolia. Bloomberg News | February 23, 2023 | 9:26 am
Goldman’s Currie says China recovery ‘A-OK’, commodities to jump Goldman Sachs expects returns from commodities over 12 months of 31% based on the S&P GSCI. Bloomberg News | February 22, 2023 | 7:44 am
Nigeria bets on new gold project to attract more miners Nigeria’s only industrial gold mine yielded 98,000 ounces of the precious metal last year. Bloomberg News | February 22, 2023 | 7:24 am
Xi prods rescuers as China mine accident leaves dozens missing Collapsed in coal mine in northern China caused two deaths and left more than 50 people missing. Bloomberg News | February 22, 2023 | 7:13 am
