Russian billionaires see wealth rise to over half a trillion dollarsVladimir Potanin, president and biggest shareholder of Nornickel, was ranked as the second richest in Russia.Reuters | April 22, 2023 | 8:09 pm
Facing fallout from nickel crisis, LME appoints ‘interim’ chairmanThe LME has appointed John Williamson, currently a non-executive director,…Reuters | April 21, 2023 | 9:24 am
Sandvik profit just misses forecast, order intake risesCompany reported Q1 operating profit slightly below analyst expectations on…Reuters | April 21, 2023 | 7:13 am
Mick Davis’ Vision Blue joins backers for Cornish Metals tin mine Battery metals investment vehicle Vision Blue will own about 25% of Cornish Metals and will have a seat on its board. Cecilia Jamasmie | March 28, 2022 | 4:05 am
World looks to Canada to fill potash, uranium void left by Ukraine Canada is one of the world’s main sources of the two commodities and buyers seek to fill gaps caused by the war in Ukraine. Bloomberg News | March 28, 2022 | 3:17 am
Nickel market still broken as price swings wildly on low volume Since reopening on March 16, Friday was only the second day that the nickel market remained within the LME’s new daily price limits. Bloomberg News | March 25, 2022 | 2:35 pm
Spanish transport strike halts Orvana’s Orovalle operation Supply chain disruptions in Spain impact several sectors, including Orvana's Orovalle operation. Staff Writer | March 25, 2022 | 11:30 am
Tiffany joins Signet in banning new diamonds mined in Russia The companies’ bans apply only to newly mined gems, meaning Russian diamonds will still be available in their stores for at least several months. Bloomberg News | March 25, 2022 | 8:31 am
Gold miner Petropavlovsk caught in UK sanctions against lender Russian gold miner said it would miss an interest payment due on Friday after Britain froze the assets of its main lender. Reuters | March 25, 2022 | 8:25 am
LME to nearly double its default fund after nickel price squeeze The LME’s handling of the crisis has sparked fury among investors and traders. Bloomberg News | March 25, 2022 | 8:16 am
Rewetting peatlands can help clean up acid mine drainage Miners working on restoration efforts may want to start paying attention to peatlands. Staff Writer | March 25, 2022 | 6:06 am
Commodity price spikes could signal lasting market changes – report Margins are way above historical norms, and such a drastic divergence of price and production cost cannot last indefinitely, says WoodMac. Henry Lazenby | March 24, 2022 | 11:26 am