Petropavlovsk’s Russian bank asks gold miner for its money back The gold producer has found itself in an existential crisis after Russia’s invasion of Ukraine and the sanctions that followed. Bloomberg News | April 20, 2022 | 8:31 am
China buys cheap Russian coking coal as world shuns Moscow China more than doubled imports of steel-making coal from Russia in March. Bloomberg News | April 20, 2022 | 8:24 am
Russian metals producers want Putin to ease taxes amid war Mining and metals companies want the tax system to return to how it was before changes made last year that effectively raised levies. Bloomberg News | April 20, 2022 | 8:01 am
Musk’s tweets fuel mining industry’s hopes of a buyout by Tesla The auto giant already has supply contracts for nickel, lithium and a range of other EV metals from suppliers across the globe. Reuters | April 20, 2022 | 7:54 am
Usiminas posts weather-hit income Usiminas' iron ore sales fell 38% from the previous quarter and 17% year on year to 1.6 million tonnes. Reuters | April 20, 2022 | 7:41 am
Silver demand to reach its highest on record in 2022, Silver Institute says The silver price is expected to average $23.90 an ounce in 2022. Reuters | April 20, 2022 | 7:37 am
Polish coal mine blast kills five, others trapped in shafts Owner JSW said the methane explosion at the Pniowek coal mine in Pawlowice happened shortly after midnight at a depth of 1,000 metres. Reuters | April 20, 2022 | 7:28 am
Vale starts work on eliminating another upstream dam The new effort will focus on eliminating a dike from its Barragem 5 dam at the Aguas Claras mine, located in the Minas Gerais city of Nova Lima. Reuters | April 20, 2022 | 7:24 am
Glencore climate plan in spotlight on concern over methane emissions A Glencore climate plan is facing greater scrutiny following a report that the company is understating methane emissions from some of its Australian coal mines. Bloomberg News | April 20, 2022 | 6:28 am