Metals rally heats up as nickel price hits $24,000 on supply snarls
The nickel market had reached its tightest since 2007 earlier this week after a plunge in exchange stockpiles.
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London Metal Exchange shows signs of covid recovery
The covid-19 hit to trading activity appears to have passed with monthly volumes growing again over the second half of the year, writes Andy Home.
Indonesia working to fix delays on tin export permits, minister says
Benchmark tin prices on the London Metal Exchange have hit record highs this week.
Codelco adds 30 years to Andina copper mine
The $1.4bn Andina Transfer project turned the underground operation into an open pit mine located 3,500 metres above sea level, which holds 30% of Chile’s copper reserves.
Political instability in the DRC may affect global battery supply chain – report
According to Fitch, increased risk of instability between the DRC’s cabinet and parliament could add pressure to the global battery supply chain.
Mining’s top ten ‘S’ trends in ESG for 2022
ESG action is now considered critical to both business and social resilience and is increasingly integrated into board oversight responsibilities and executive compensation.
US potash sanctions may push Belarus deeper into Putin’s arms
The Kremlin expects Belarus to make an approach for help with budget shortfalls caused by the ban on potash sales.
Giant black diamond said to come from space could fetch $6.8 million
The 555.55-carat gem, dubbed "The Enigma," is the largest faceted fancy black diamond to ever be sold at an auction.
Woodside Petroleum forecasts higher annual output
It expects higher full-year annual output than 2021, as it readies to merge with BHP Group's petroleum arm in what would create a global top 10 oil and gas company.