The 18 minutes of trading chaos that broke the nickel market
When the commodity’s price went vertical last week, the metals industry plunged into turmoil not seen since the Tin Crisis of 1985.
Latest Stories
FCA, Bank of England working with LME to resume nickel trading
The LME had anticipated nickel trading would restart on Friday, but the criteria for restarting had not then been met.
Everything’s broken
The Middle East has already been hit with a wave of uprisings partly caused by food price inflation, could an Arab Spring 2.0 be far behind?
Lithium mining: ‘A new Bolivia’, says EnergyX CEO
Teague Egan says EnergyX has the technology that can help Bolivia unlock its lithium.
Iamgold appoints Peter O’Hagan to its board of directors
O'Hagan has a track record managing complex, multi-billion dollar global businesses in a regulated environment with an emphasis on strong corporate governance.
Nickel tycoon closes in on JPMorgan-led loan to backstop short
Under the deal being discussed, the roughly 10 banks that were Xiang Guangda’s counterparts for his nickel bet would extend enough credit to cover his mark-to-market losses.
Cerrado signs $20m stream deal with Sprott on Monte do Carmo gold project
According to Sprott, this funding provides "catalytic capital" to advance the Monte Do Carmo project to a construction decision.
Harmony reports fatality at Johannesburg mine
The affected part of the mine had been closed while investigations were underway.
Gold price slides on hopes of progress in Ukraine peace talks
Short-term speculative traders who bought gold due to the war were now possibly booking profits, an analyst said.
