LME targets off-exchange trades as nickel chaos spurs reform

The London Metal Exchange plans to force members to regularly report details of their over-the-counter metals positions, substantially expanding its market surveillance capabilities.

Bloomberg News | May 13, 2022 | 2:19 pm

Copper stocks are building again, weighing on prices

Copper prices dropped to 8-month lows this week and a new report says headwinds for the bellwether will only get stronger over the rest of the year.

Staff Writer | May 13, 2022 | 11:27 am

Nornickel is first Russian firm to get OK to keep listing abroad

The approval has been needed since President Vladimir Putin April signed a bill requiring Russian companies to delist their depositary receipts abroad.

Reuters | May 13, 2022 | 8:04 am

Largest white diamond ever auctioned goes for $21.5 million

The egg-sized white diamond dubbed “The Rock” is said to be the largest of its kind to ever go under the hammer.

Cecilia Jamasmie | May 13, 2022 | 7:49 am

Hochschild Mining earmarks $200m to build gold mine in Brazil

Posse gold mine is expected to produce 102,000 ounces of gold per year in the first four years, dropping to 84,000 ounces after that.

Cecilia Jamasmie | May 12, 2022 | 7:15 am

Cobalt tops Critical Materials Risk Index

In addition to ESG risks linked to its extraction, cobalt is at the top of the list because only two countries are in charge of producing and refining the battery metal.

Staff Writer | May 12, 2022 | 5:05 am