Russian miners get kicked out of FTSE 100 index after selloff
Steel company Evraz Plc and gold miner Polymetal International will be removed from the blue-chip index as of March 21.
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China moves to secure commodities rocked by Ukraine war
Government agencies have been ordered to push state-owned buyers to scour markets for materials including oil and gas, iron ore, barley and corn to fill any potential gaps.
US official says South Africa aid aimed at coal plants not EVs
State-power utility Eskom had initiated the talks last year in a bid to raise money to help reduce its reliance on the coal.
Gold price falls over 1% as uptick in risk sentiment drives down havens
Bullion is coming off its best monthly performance since May 2021.
Exxon to exit Russia, leaving $4 billion in assets
Exxon did not provide a timetable for its exit.
Canadian Palladium nearly triples East Bull resource estimate
The updated resource estimate is the culmination of a 20,000m drilling program that substantially increased the size of the East Bull deposit.
Aluminum price streaks to record on fears logistics issues will hit supply
Aluminum prices bolted to a fresh record peak on Wednesday as investors worried that logistics difficulties would block metals supplies due to tough sanctions on major producer Russia.
China shunning Russian coal with banks nervous over sanctions
At least two of China’s largest state-owned banks are limiting financing for Russian commodities.
US utilities push White House not to sanction Russian uranium
The United States relies on Russia and its allies Kazakhstan and Uzbekistan for roughly half of the uranium powering its nuclear plants.