Oil crash sends speculators fleeing at fastest pace in six weeks
Speculators are once again fleeing the oil market, setting the stage for more extreme price swings.
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Vedanta Resources repays $800 million loans to StanChart
Vedanta Resources said it has repaid $800 million worth of loans, another move that could assuage concerns about its liquidity.
Odds ‘n’ Sods: How not to drill a project, Part 2
We'd learned some tough lessons in Phase 1, and this time around we were going to be smarter.
ABB completes acquisition of Siemens low voltage NEMA motor business
The line of horizontal and vertical induction severe duty and general purpose motors will be re-branded as ABB and reintroduced to the market during second quarter of 2023.
Iron ore price slides to six month low
Increased equipment maintenance amid shrinking margins will further cap demand for iron ore in the short term – analyst.
Rio Tinto cautions against takeover fever after lithium’s dramatic price slump
CEO Jakob Stausholm said he’s “cautious” about acquisitions at current valuations, despite the world’s second-biggest miner wanting to grow its nascent lithium business.
South Africans call for UK to return diamonds set in crown jewels
South Africans are calling for Britain to return the world's largest diamond, which is set in the royal sceptre that King Charles III will hold at his coronation.
Bolivian senate approves general terms of bill to monetize gold
The new legislation will allow the Andean nation’s central bank to undertake operations with its gold reserves in international markets.
Chile will resume tax reform talks after election, Marcel says
There will also be discussions on other bills regarding the minimum wage and the mining royalty.
