Tycoon running a quarter of China’s copper trade is on the ropes
Maike Metals is suffering a liquidity crisis, and He Jinbi's empire is under threat.
Latest Stories
What to watch as commodities traders prepare for Powell
Pre-Fed tensions are most obvious in the bullion market. The looming rate decision will drive the next moves for the precious metal.
Deadline for working group dealing with Las Bambas conflict extended to year-end
Peru’s executive power extended, until December 31, 2022, the expiration date of the working group tasked with assessing compliance with the agreements signed between the government, Las Bambas and nearby communities.
Health benefits of removing coal from power generation unequally distributed – study
While Black and low-income communities benefit from decarbonization strategies, they still face higher levels of air pollution and related health effects.
A European stock trader’s guide to an era of scorching inflation
While mining stocks tend to outperform during periods of elevated inflation, gains may be curtailed by concern about China’s demand for metals.
Russia’s secret gem sales are dividing the diamond world
There’s a handful of Indian and Belgian buyers who are snapping up large volumes of Russian diamonds at lucrative terms.
Nornickel plans to raise employees’ stake in mining giant, says top shareholder
Nornickel plans to increase the equity holdings of employees and other individuals to collectively comprise 25% of the company, up from 10% now.
Gold price wavers with anxiety high ahead of crucial Fed meeting
Gold edged higher after plunging to the lowest in more than two years.
IAMGOLD announces management changes
Maarten Theunissen replaces Daniella Dimitrov as interim CFO, search underway for a permanent replacement.
