January 5, 2022

Glencore’s former top copper trader joins digital metal startup

Ex-head of copper marketing, Nico Paraskevas, joined Open Mineral as a senior adviser after investing in the digital metals trading startup.

January 5, 2022

Goldman Sachs says bitcoin will compete with gold as “store of value”

Bank says that bitcoin will take market share away from gold in 2022 as digital assets become more widely adopted.

January 5, 2022

Iron ore price extends gains despite renewed steel production controls in Tangshan

Dalian iron ore spot price hit highest since December 27.

January 4, 2022

Tin price outlook dims in 2022 – report

Growing demand should promote investments in tin production, resulting in a slight price decrease.

January 4, 2022

Nutrien CEO Mayo Schmidt quits less than a year into the job

The world’s largest potash producer, which is launching a global search for a long-term CEO, said Schmidt had also resigned from the board.

January 4, 2022

Indonesia state utility secures 7.5m tonnes coal supply ahead of export ban review

Perusahaan Listrik Negara said it aims to continue to raise supply to maintain a minimum 20-day stock.

January 4, 2022

Copper price down, pressured by stronger dollar

“China has been a primary source of demand for base metals since 2003, but we think this trend has started to come to an end,” economist says.

January 3, 2022

China coal futures surge on supply worries amid Indonesia export ban

The most-active thermal coal futures contract on the Zhengzhou Commodity Exchange opened up 7.3% higher.

January 3, 2022

Gold price extends loss with bond yields, equities rallying

UBS analyst Giovanni Staunovo said rising US interest rates and declining inflation over the course of 2022 could weigh on gold.

January 3, 2022

Indonesia miners seek a solution as coal export ban rattles global sector

Coal mining shares slide after export ban.