Caterpillar soars as investors hunt for hedges against inflation
Caterpillar shares are headed toward the biggest five-day gain since the pandemic.
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Indonesia’s coal miners are bracing for new export curbs
New restrictions on overseas sales are possible in either April or August to make sure local power plants have sufficient supply.
Gold price approaching record high as Ukraine, inflation risks mount
Soaring oil prices and the Ukraine war have slammed appetite for riskier assets.
Inflation, volatility from Ukraine war to have impact, says BHP CEO
The company is forecasting 0.5% lower global growth than previously anticipated.
UK chairman of Polymetal among ‘mass exodus’ from Russian firms
Board members at Russian companies, including the British chairmen of gold and silver producer Polymetal, have quit in response to the conflict in Ukraine.
Nickel price surge may have Vale reworking its base metal calculations
Prices have doubled in the past five trading days as intensifying fears over Russian supplies leave buyers exposed to a historic squeeze.
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.
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.
