Severstal at risk of default over coupon non-payment
The company said it had received permission by the Russian government to pay in dollars, but believed Citigroup, the paying agent, would block the payment.
Latest Stories
Canadian Exploration Snapshot: Seven juniors exploring the country
Canada is among the world’s premier jurisdictions for mineral exploration and mining and has become a go-to destination for the industry.
LME boss says banks are partly to blame for nickel short squeeze
Banks last year lobbied against efforts to increase transparency in metals markets, LME chief executive Matthew Chamberlain said in an interview.
Waybridge, Mercury Group partner on supply chain logistics for raw materials
Joining forces will improve the resiliency of the raw materials supply chain in the wake of disruptions, the companies said.
The world’s biggest commodities markets are starting to seize up
Prices of materials like crude, gas, wheat and metals have become alarmingly erratic as a gulf emerges between buyers and sellers who are facing big financing strains.
NioBay suspends exploration at James Bay project on First Nation objections
The niobium project is located in the district of Cochrane on the traditional territory of the Moose Cree First Nation.
Centerra halts gold bar production at Öksüt after mercury detected in recovery plant
Centerra will be evaluating the impact of this suspension on its 2022 guidance, which was raised to 400,000-450,000 oz earlier in the year.
Court orders South Africa government to clean up air in coal belt
South Africa's coal belt, east of the capital Pretoria and main city Johannesburg is home to an estimated 3.6-million people.
US Treasury sanctions one of Africa’s biggest gold refiners
Alain Goetz and his African Gold Refinery were sanctioned for allegedly contributing to conflict in the Democratic Republic of Congo.
