March 8, 2022

LME halts nickel trading after unprecedented 250% spike

The frenzied move was the largest-ever on the LME.

March 8, 2022

Gold price approaching record high as Ukraine, inflation risks mount

Soaring oil prices and the Ukraine war have slammed appetite for riskier assets.

March 8, 2022

Nickel price surge past $100,000 leaves big short with big trouble

The ferocity of the price action over the last 24 hours speaks to a forced liquidation of positions, a buy-back in a liquidity vacuum, writes Andy Home.

March 8, 2022

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.

March 8, 2022

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.

March 8, 2022

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. 

March 8, 2022

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.

March 7, 2022

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.

March 7, 2022

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.

March 7, 2022

Aluminium Dunkerque to sell a portion of its metal to Glencore

Aluminium Dunkerque has capacity to produce 286,000 tonnes of aluminium a year.