London market greenlights Russia’s palladium while blocking its gold
Russia produces 25-30% of the world's palladium, a precious metal used by automakers in exhaust systems to reduce emissions.
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Shell stops buying Russian crude as Moscow’s isolation deepens
The West’s moves to punish Russia for invading Ukraine have turbocharged global commodity and energy markets, sending prices soaring and threatening to derail the nascent recovery from the coronavirus pandemic.
Sibanye-Stillwater faces fresh strikes at gold mines
Most unionized workers at the company's Driefontein, Kloof and Beatrix gold mines will go on strike from Wednesday after wage talks failed.
Women in mining still facing bullying, discrimination – report
AusIMM’s 2022 Women in Mining survey shows that almost three-quarters of women in the resource sector have experienced bullying and over six in 10 sexual harassment.
Nickel short seller could take $8 billion hit after price soars past $100,000 a tonne
A massive squeeze pushed nickel prices up by as much as 250%, the most extraordinary surge in the 145-year history of the LME.
Russian gold hit with de facto ban from key London market
The London Bullion Market Association has suspended all six Russian gold and silver refineries from its Good Delivery List.
Sweden announces $19.5 million grant for sustainable mining innovation
The 26 new projects cover a wide span – from disruptive technologies with energy-savings of up to 80%, to industrial-scale battery recycling and a safer working environment.
Vale temporarily stops train circulation in Carajas mine railroad
The train circulation in its Carajas iron ore mine railroad was temporarily halted due to a land movement caused by heavy rains.
Aluminium Dunkerque to sell a portion of its metal to Glencore
Aluminium Dunkerque has capacity to produce 286,000 tonnes of aluminium a year.
