March 9, 2022

Peabody gets $534 million margin call on coal

Peabody’s margin call is one of the flashiest examples of how the volatility sweeping commodity markets will slam companies that are holding wrong-way bets.

March 9, 2022

Canada Nickel nearly doubles bought deal public offering

Net proceeds of this financing will be used to repay its current loan with Auramet, and for advancing its flagship Crawford nickel sulphide project.

March 9, 2022

Nickel price spike “purely financial” but Tsingshan effect could linger

Nickel price plunges in Shanghai following historic short squeeze on Chinese stainless steel giant in London.

March 9, 2022

Electric vehicle push bumps up against chaos in nickel market

A global push among automakers to expand their lineups of electric vehicles just got a lot more expensive.

March 9, 2022

Gold price drops from 19-month high with risk sentiment improving

Despite the latest setback, bullion is still up 9% on the year.

March 9, 2022

Wild nickel market may get relief from Indonesia’s higher output

The country is set to add 393,000 tonnes to 400,000 tonnes of nickel in metal output capacity this year.

March 9, 2022

US senators seek to bar Russia selling gold to dodge sanctions

Bill would impose secondary sanctions to anyone buying or selling Russian gold, in an effort to further weaken the ruble.

March 8, 2022

After 16 years, Vale’s big nickel bet is looking like a winner

In the heady days of the 2000s commodities supercycle, Vale made a $17 billion bet on a metal used mainly to make stainless steel.

March 8, 2022

With eye on metal prices, US cautious on possible sanctions of Usmanov companies

The United States last week imposed sanctions on the billionaire as part of several rounds of measures Washington has taken.

March 8, 2022

Caterpillar soars as investors hunt for hedges against inflation

Caterpillar shares are headed toward the biggest five-day gain since the pandemic.