Some Russian banks may have swapped gold for dollars, report saysRussia has faced a shortage of dollars and euros as it’s increasingly shut out of the western financial system.Bloomberg News | February 7, 2024 | 8:51 am
Tsingshan’s 2023 nickel output jumps to record highTsingshan Group's nickel output rose 27% in 2023 to a…Reuters | February 7, 2024 | 8:34 am
Vedanta weighs sale of minority stake in Zambian copper assetsThe company is talking to a range of financing partners…Reuters | February 7, 2024 | 7:56 am
Cobalt hydroxide price tumbles amid surging supplies from DRC Soaring production from Indonesia is also adding to surpluses. Staff Writer | September 29, 2023 | 9:32 am
Vedanta to split business into six listed companies The metals-to-oil Indian conglomerate seeks to boost growth amid a financial performance decline by parent company Vedanta Group. Cecilia Jamasmie | September 29, 2023 | 6:53 am
Vedanta preparing to de-merge sprawling operations Shares in Vedanta Ltd. have fallen by more than a fifth over the past 12 month. Bloomberg News | September 27, 2023 | 11:49 am
Trafigura gets $500 million to buy Saudi’s non-crude commodities The three-year deal gives Trafigura a big new chunk of credit tor trading at a time when energy prices are rising again. Bloomberg News | September 27, 2023 | 9:07 am
Climate targets threatened by lack of mining investment: McKinsey Report reveals looming shortages of minerals key to the energy transition as low commodity prices cause investors and miners to cut spending. Cecilia Jamasmie | September 27, 2023 | 3:50 am
India spat spills over into boardroom of Canadian potash firm Karnalyte Resources abruptly canceled plans to meet with its Indian board members this week. Bloomberg News | September 26, 2023 | 2:35 pm
China’s gold imports via Hong Kong bounce back in August Net imports stood at 39.023 metric tons in August, up 51.4% from the previous month. Reuters | September 26, 2023 | 10:46 am
K92 extends Trafigura partnership with $100 million loan, longer offtake The company expects first drawdown to occur in early to mid-Q4 2023. Staff Writer | September 26, 2023 | 9:27 am
China scoops up cheap Indian iron ore in bid to trim steel costs Indian iron ore exports have surged as steel mills switched to lower-grade, cheaper feed in the face of dwindling profits. Bloomberg News | September 26, 2023 | 8:17 am