Commodity funds in demand as investors seek refuge from soaring inflation
Energy funds have risen 24.7% this year, while precious metals and agriculture funds climbed 12.6% and 9.8% respectively.
Latest Stories
China calls on rare earths companies to bring prices back to ‘reasonable’ level
Prices have surged since the second half of 2021 amid concerns of supply uncertainty from Myanmar.
Europe returns to South Africa for coal after Russia sanctions
Europe’s key coal price climbed to a record this week.
Nutrien asks Canada to halt rail strike
About 3,000 workers at Canadian Pacific Railway Ltd. voted in favor of going on strike on March 16 if a collective bargaining agreement isn’t reached.
Alrosa suspends Natural Diamond Council membership
Alrosa is responsible for 90% of Russia’s diamond production and 28% of global supply.
Bacteria help produce clean fuel from CO2 more efficiently
A recent development using enzymes from bacteria has led to an 18-time increase in the efficiency of clean fuel production from CO2.
Mining People: Austral Gold, Great Panther, Rio Tinto, Rock Tech Lithium, SSR Mining
Key moves in the mining industry.
Buenaventura to kick off San Gabriel gold mine construction in 2023
The miner had planned to start site works in the second half of 2021, but had to postpone the move and prioritize reducing debt.
Russia-Ukraine tension may give rise to a new commodity world order
Analysts flag 2008-like commodity price reversion possible on Russia-Ukraine tension.
