December 8, 2023

Trafigura’s 2023 net profit hits record $7.4 billion

The Geneva-based private company made the bulk of its profit in the first half of the year.

December 8, 2023

Petra Diamonds says the worst is likely over

Petra's 20% increase in like-for-like prices for its latest tender of financial year 2024 supports its view that diamond prices have bottomed.

December 8, 2023

Marex Group files for US IPO

British commodities broker announced plans on Friday to list its shares in New York.

December 8, 2023

Aluminum group calls for EU to go much further on Russian bans

In the first nine months of 2023, the EU imported almost 500,000 metric tons of Russian aluminum worth $1.37 billion.

December 7, 2023

Op-ed: Everyone loses as London’s High Court rules for LME in nickel case

What the Court has just confirmed is that anyone trading on the exchange is no longer standing on solid ground.

December 7, 2023

Sprott, HanETF launch copper miners ETF focused on lower carbon footprint

The fund relies on a model that helps evaluate the amount of carbon dioxide produced in a miner's supply chain for every pound of copper it produces.

December 7, 2023

Russian uranium import ban teed up for US House floor vote

Russia supplied almost a quarter of the enriched uranium used to fuel America's fleet of over 90 commercial reactors last year.

December 6, 2023

G7 to ban Russian diamonds, announce measures on price cap, assets

The group is expected to announce a direct ban as of Jan. 1.

December 6, 2023

Trafigura targeted by US and Swiss over corruption

The company faces charges for allegedly bribing officials in Angola and has also revealed a US probe into "improper payments" in Brazil.

December 5, 2023

Trafigura staff tried to hide nickel ‘red flags,’ Gupta says

The revelation is the latest twist in a case that has shocked the commodity trading world.