Swiss gold refiners say they didn’t import mystery Russian metal Over 3 tons of gold -- worth about $200 million -- was shipped from Russia to Switzerland in May, almost all of which was marked as being for refining. Bloomberg News | June 23, 2022 | 9:27 am
Iron ore price rebounds after Chinese President pledges to meet development targets Xi Jinping re-iterated the country’s “social and economic development targets” at a business forum. MINING.COM Staff Writer | June 23, 2022 | 9:20 am
Copper price at 16-month low as slowdown fears hit industrial metals market "The commodity world’s flagship is under fire,” one analyst said. MINING.COM Staff Writer | June 23, 2022 | 8:55 am
LME appoints consultancy to review chaotic nickel suspension The exchange suspended nickel trading on March 8 after prices spiked by more than 50% to hit $100,000 a tonne. Reuters | June 23, 2022 | 8:20 am
Tesla and Volkswagen square off in duel for electric-car dominance Tesla delivered more than 936,000 EVs worldwide last year, while VW sold some 453,000 fully electric cars. Bloomberg News | June 23, 2022 | 8:03 am
Lofty lithium bid suggests scorching rally may not be over The highest bid for lithium at an auction run by an Australian miner suggests a blistering rally in the battery metal may not be over. Bloomberg News | June 23, 2022 | 7:55 am
CATL unveils EV battery with one-charge range of 1,000 km The battery charges faster than existing cells, and is safer and more durable, CATL said. Bloomberg News | June 23, 2022 | 7:51 am
One of world’s biggest cobalt mines is at stake in Congo fight A top executive from state mining company Gecamines said that partner CMOC Group Ltd. owes $7.6 billion in overdue payments. Bloomberg News | June 23, 2022 | 7:40 am
Polymetal expects silver to account for less than 5% of 2022 sales The company has not been directly targeted by Western sanctions imposed on Moscow after it sent thousands of troops into Ukraine on February 24. Reuters | June 23, 2022 | 7:34 am