Oil price jumps near $90 after OPEC+ surprises with token supply cut West Texas Intermediate crude advanced as much as 4.1% to beyond $90 a barrel, before paring some gains. Bloomberg News | September 5, 2022 | 12:43 pm
Williamson Pink Star unveiled at Dubai Diamond Exchange Expected to fetch over $21 million, the diamond has the potential to set a new price per carat record given its purity. Staff Writer | September 5, 2022 | 11:24 am
Iron ore price climbs after selloffs spurred by China covid woes The most-traded January iron ore on China's Dalian Commodity Exchange ended daytime trade 4% higher. Reuters | September 5, 2022 | 11:15 am
EV battery maker ProLogium considers UK for $8 billion factory The UK is pushing hard to attract battery makers as the auto industry phases out the internal combustion engine. Bloomberg News | September 5, 2022 | 10:50 am
BYD jumps to No. 2 in global electric car battery market The year-to-date market share rankings were unchanged, with CATL top with 34.7% of the market. Bloomberg News | September 5, 2022 | 10:39 am
Germany to keep nuclear plants in reserve to ease energy crisis Nuclear power accounted for 6% of electricity generation in Germany in the first quarter, compared with more than 30% from coal. Bloomberg News | September 5, 2022 | 10:29 am
Platinum buyers may shun Russian metal when contracts renewed Russia is a significant supplier of both platinum and palladium, which are mostly used to cut emissions from gasoline and diesel vehicles. Bloomberg News | September 5, 2022 | 10:25 am
Pacific Ridge announces additional funding for Kliyul copper-gold project in British Columbia This year, Pacific Ridge plans to drill a minimum of 6,000 metres at Kliyul. Staff Writer | September 5, 2022 | 9:37 am
Chilean market ends sharply higher after voters reject new constitution Chile is the world's top copper producer and is home to global copper giants like Codelco, BHP, Anglo American and Glencore as well as Antofagasta. Reuters | September 5, 2022 | 9:07 am