March 4, 2022

Metals traders hit with margin-call snafu in chaotic week

A stressful week in markets got even worse for some metals traders when the main exchange’s software misfired by generating erroneous margin calls.

March 4, 2022

Tesla’s German gigafactory gets conditional green light

The $5.5 billion plant, located outside Berlin, is expected to boost the carmaker's market share in Europe’s fast-growing EV sector.

March 4, 2022

Gold price tracking towards best weekly performance since May

Spot gold is trading at a level last seen during the record-setting month of August 2020.

March 4, 2022

Copper price hits all-time high as warehouses empty out

"The market is in a panic mode in terms of supply" as warehouse inventories hit 16-year low.

March 4, 2022

Commodity funds in demand as investors seek refuge from soaring inflation

Energy funds have risen 24.7% this year, while precious metals and agriculture funds climbed 12.6% and 9.8% respectively.

March 4, 2022

Europe returns to South Africa for coal after Russia sanctions

Europe’s key coal price climbed to a record this week.

March 4, 2022

Alrosa suspends Natural Diamond Council membership

Alrosa is responsible for 90% of Russia’s diamond production and 28% of global supply.

March 4, 2022

Bacteria help produce clean fuel from CO2 more efficiently

A recent development using enzymes from bacteria has led to an 18-time increase in the efficiency of clean fuel production from CO2.

March 3, 2022

Mining companies may pause growth plans amid Ukraine war, inflation

The Ukrainian conflict could roil the world's economic outlook in unpredictable ways, exacerbating those inflationary pressures, analysts say.

March 3, 2022

Coal prices spike as Russia-Ukraine crisis escalates

Buyers in markets including Europe, Japan, South Korea, and China are scrambling to address their exposure to Russian supply.