Arconic to sell Russian operations, take $500 million charge
The Pittsburgh-based aluminum-sheet manufacturer said the conflict in Ukraine has made its operation in Russia untenable.
Latest Stories
Peru fails yet again to broker truce allowing Las Bambas mine restart
On Thursday, Prime Minister Anibal Torres traveled to the Andean region of Apurimac, but he arrived late and then abruptly left the meeting only an hour after it had started.
If Tesla isn’t good enough for an ESG index, then who is?
Tesla’s removal this week from an industry benchmark index is raising new questions about what ESG actually means to investors.
Chinese lockdowns dragging aluminum prices down, no respite before H2 — report
Fitch notes strong downside risks as strict Chinese lockdowns pose a strong threat to demand for the metal in 2022.
ESG to decide winners-losers in mining, says Friedland
"Companies that get it right will inherit the industry. Companies that don’t, will die.”
BOE gold trades at rare discount in sign of central bank selling
The Bank of England’s vaults contain 5,676 tonnes of bullion, one of the largest stockpiles in the world.
Gold price rallies to weekly high as both dollar, yields dip
The recent retreat in gold prices has helped its appeal among investors as they continue to seek safety from riskier assets, an analyst said.
Copper price rebounds as China eases covid restrictions
“Sentiment had been buoyed by hopes that China is making progress towards an exit from strict lockdowns,” commodity strategists at ANZ said.
Colombia’s mining income to hit record in 2022 – industry group
If the forecast proves correct, Colombia's income from mining would jump 69% this year from the previous 2021 record.