Trafigura profit surges despite war raising trading risks
Trafigura Group posted record first-half profit, even after Russia’s invasion of Ukraine forced the commodities giant to pare back its activities as trading risk soared.
Latest Stories
Gold Fields investor tells miner to scrap Yamana deal
While the market reaction to the deal has been mostly negative, some analysts believe Gold Fields could benefit from expanding its size and geographical diversification.
In Bolivia’s Amazon, wildcat gold mining boom stokes tension over environment
The rise in wildcat mining has seen Bolivia, a country of some 12 million people, become the world's top importer of mercury since 2019.
Guinea extends deadline for bauxite miners to present refinery plans
Country's junta has given bauxite mining companies 10 days to present a timeline for the construction of alumina refineries.
Mining People: Discovery Silver, NioCorp, Northern Graphite, Snow Lake Resources
Key moves in the mining sector.
Stronger alloys for casting, welding closer to becoming reality
New technology has allowed researchers to better understand how aluminum-copper alloys behave.
China to send squads to coal country to ensure price controls
China’s efforts to subdue the price of its mainstay fuel are just one facet of a wider struggle across the world to contain energy inflation.
Temporary administrator takes over China Moly’s Tenke mine in Congo
The government suspects the mine has understated its levels of reserves in order to reduce the amount it pays to Gecamines.
Nutrien will boost fertilizer production capacity as prices soar
The world’s largest fertilizer company will ramp up potash production capability to 18 million tonnes by 2025, a 40% increase compared to 2020.
