Commodity funds in demand as investors seek refuge from soaring inflation Energy funds have risen 24.7% this year, while precious metals and agriculture funds climbed 12.6% and 9.8% respectively. Reuters | March 4, 2022 | 8:21 am
China calls on rare earths companies to bring prices back to ‘reasonable’ level Prices have surged since the second half of 2021 amid concerns of supply uncertainty from Myanmar. Reuters | March 4, 2022 | 7:42 am
Mining companies may pause growth plans amid Ukraine war, inflation The Ukrainian conflict could roil the world's economic outlook in unpredictable ways, exacerbating those inflationary pressures, analysts say. Reuters | March 3, 2022 | 1:24 pm
Tesla to win approval for $5.5 billion Berlin gigafactory on Friday Tesla has for months been awaiting approval for a licence to begin production at the EV factory and adjacent battery plant in Gruenheide. Reuters | March 3, 2022 | 11:43 am
SQM sees profits surge as global lithium prices explode The world's No. 2 lithium producer, reported a nearly five-fold rise in profits in the fourth quarter. Reuters | March 3, 2022 | 8:07 am
Global copper smelting slipped in February, satellite data shows Global copper smelting activity slid in February, partly because of Lunar New Year holidays in China. Reuters | March 3, 2022 | 7:59 am
Australia aids allies seeking to replace Russian coal The Australian government is helping coal importing nations find alternatives to Russia for supplies by connecting them with local producers. Reuters | March 3, 2022 | 7:54 am
At least 18 killed in gold mine collapse in Guinea The accident took place Monday in Gaoual, about 386 km from the capital Conakry. Reuters | March 3, 2022 | 7:47 am
Copper production falls at major Chile mines in January, regulator says Chile's nationwide total production fell 7% in January to 425,700 tonne. Reuters | March 3, 2022 | 7:39 am
Sibanye-Stillwater posts record profit on upbeat commodity prices Sibanye's profit increased by 13% in 2021 to 33.1 billion rand ($2.16 billion). Reuters | March 2, 2022 | 11:16 pm
Kinross Gold to suspend Russian operations The company said in a statement it is suspending all activities at its Udinsk development project. Reuters | March 2, 2022 | 4:21 pm
Stanmore Resources to raise $506 million for BHP Mitsui Coal stake buy Stanmore, which signed the deal with BHP in November to buy the stake for $1.35 billion, said it would issue about 631 million shares. Reuters | March 2, 2022 | 3:09 pm