June 24, 2022

Metal traders leave Trafigura as falling prices hurt profits

The departures come against a backdrop of falling commodity prices that has been less profitable for Trafigura than the booming markets earlier in the year.

June 24, 2022

New US program targets rare minerals needs for EVs and solar panels

The US is already sharing information with countries seeking foreign funding for mining projects and allied governments, foreign mining companies and financial institutions that can help kick-start projects.

June 24, 2022

Gold price on track for another weekly loss as rate hikes loom

"There are a confluence of forces that are driving gold prices in both directions, forcing it to remain in a small range," one analyst said.

June 24, 2022

Global commodity shock enters next phase with recession test

What the rest of the year holds for raw materials from crude oil and natural gas to grains, gold, and iron ore?

June 24, 2022

Sibanye-Stillwater’s Montana mine to remain halted for 4-6 weeks

The Stillwater mine, which accounts for 60% of the company’s production in the US, may remain shut until August.

June 23, 2022

Copper price at 16-month low as slowdown fears hit industrial metals market

"The commodity world’s flagship is under fire,” one analyst said.

June 23, 2022

Tesla and Volkswagen square off in duel for electric-car dominance

Tesla delivered more than 936,000 EVs worldwide last year, while VW sold some 453,000 fully electric cars.

June 23, 2022

US allots $74 million to critical minerals mapping

Investment will fund research and mapping of areas with potential for critical minerals to strengthen key domestic supply chains.

June 22, 2022

Minnesota Court of Appeals dismisses challenge to PolyMet air permit

Ruling ends string of litigation for one of copper-nickel project's key permits.

June 22, 2022

De Beers sale shows stronger US and Chinese demand

De Beers sold $650m of diamonds, slightly up from $604m at the previous sale this year, but higher than the $477m this time in 2021.