June 17, 2022

European fund for critical minerals projects to launch next year

The European Raw Materials Fund is due to start with around $2 billion.

June 17, 2022

Glencore trading profit poised for best-ever year

Glencore expects adjusted operating profit to exceed $3.2bn for the first half of the year amid "unprecedented" market environment.

June 17, 2022

Miners must invest in critical minerals or risk energy transition – report

The world's largest miners are in excellent financial shape to lead global transition to clean energy, says PwC.

June 16, 2022

European gas gyrates as Russian cuts escalate energy crisis

Western sanctions on Russia have left equipment key for the functioning of the Nord Stream gas pipeline stuck abroad.

June 16, 2022

Russian coal miners turn to India as war upends commodity flows

Sales of thermal coal to Europe dropped to about 10-15% of total exports from 30% before the invasion.

June 16, 2022

In a Greek coal mine, stocks build up ahead of peak summer demand

The country is pushing back plans to retire some coal-fired plants and has announced that coal mining will be ramped up by 50% this and next year.

June 16, 2022

Top producer Russia thwarts move to redefine ‘conflict diamonds’

The rift in the Kimberley Process, which certifies rough diamond exports, risks paralyzing the body which makes decisions by consensus.

June 15, 2022

Ukraine steelmaker says Russia is taking metal from Mariupol

The alleged thefts would fit a pattern of Russia targeting commodity hubs that provided Ukraine with vital export revenues.

June 15, 2022

Kinross Gold sells Russian assets at half the agreed price

Kinross, which operated in Russia for about 25 years, said the price change followed a review by a recently formed commission to control foreign investments.

June 15, 2022

Collaboration between brewers, miners may lead to cleaner water supply

According to a research group led by MIT, waste yeast discarded from a single brewery in Boston could be enough to treat the city's entire water supply.