Formula One mogul Bernie Ecclestone put up millions of dollars to backstop a series of gold transactions that made “no commercial sense,” prosecutors said.
South Africa’s President bemoaned the poor state of labor relations after striking gold miners stormed the stage where he was speaking in the city of Rustenburg.
South African miners are entering pivotal talks over a multiyear pay deal after announcing record dividends following a rally in palladium and rhodium prices.
The popularity of electric vehicles has driven prices for battery metals sharply higher, even sparking fears of shortages of materials like lithium, cobalt and nickel.
Fertilizer prices have soared to all-time highs as Russia’s invasion of Ukraine and sanctions on Belarus threw a massive chunk of the world’s supply into disarray.