How one of the tiniest oil markets cost Trafigura over $1 billionLast week, the company admitted it faces a loss in Mongolia of up to $1.1 billion, linked in part to suspected fraud by its own employees.Bloomberg News | November 3, 2024 | 9:10 am
Freeport probed by SEC over quake risk at Indonesia copper plantOfficials are investigating if the miner failed to disclose the…Bloomberg News | October 31, 2024 | 7:08 am
India’s gold demand to hit four-year low amid price rally, WGC saysRecord-high prices are seen denting purchases during the peak festival…Reuters | October 30, 2024 | 8:39 am
CEO of Korea’s No. 2 zinc producer arrested after fatal accident The District Court of Daegu approved the arrest of CEO Park Young-min, and Bae Sang-yoon, the head of the Seokpo smelter. Bloomberg News | August 30, 2024 | 12:36 pm
India to discuss surging precious metals imports with UAE Trade officials will likely meet their counterparts from the UAE next month to review the two countries’ partnership. Bloomberg News | August 30, 2024 | 8:26 am
Toxic, deadly, cheap: Life for women gold miners in the Philippines One in three of the illegal mining workforce is female, a report by Thomson Reuters Foundation found. Reuters | August 29, 2024 | 10:59 am
Almonty nears first production at its tungsten mine in South Korea The US has not commercially mined tungsten since 2015, according to USGS records. Staff Writer | August 29, 2024 | 9:19 am
LME open-outcry trade lives on as SocGen quit sparks no rush for exits The future of ring trading on the London Metal Exchange looks assured for now. Reuters | August 29, 2024 | 8:02 am
Nippon Steel boosts M&A case with $1.3 billion spend at US mills The Japanese steelmaker plans to make the investments at the Mon Valley Works and Gary Works. Bloomberg News | August 28, 2024 | 2:51 pm
Madagascar’s Ambatovy nickel project companies file restructuring plan Sumitomo owns a 54.2% stake in the project companies. Reuters | August 28, 2024 | 8:54 am
De Beers partners with Tanishq to promote natural diamonds in India India has surpassed China to become the world's second-largest diamond market after the US. Reuters | August 28, 2024 | 7:11 am
Antam plans to acquire smelter owned by Tsingshan unit The company is currently expanding its downstream operation. Reuters | August 27, 2024 | 10:05 am