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

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

Sibanye-Stillwater faces fresh strikes at gold mines

Most unionized workers at the company's Driefontein, Kloof and Beatrix gold mines will go on strike from Wednesday after wage talks failed.

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 6, 2022

Palladium price hits record on concerns over Russian supply risks

With most of Europe’s airspace closed to flights from Russia, buyers are worried about securing supplies of the precious metal.

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 3, 2022

Gold price holds ground as Powell backs rate hikes to combat inflation

Meanwhile, another precious metal, palladium, has been enjoying monstrous gains over the past week.

March 3, 2022

Sibanye-Stillwater faces court battle for ditching $1.2bn Brazil mines deal

Appian Capital Advisory is taking Sibanye-Stillwater to the High Court in London over the miner’s decision to cancel the acquisition of two mines.

March 2, 2022

Sibanye-Stillwater posts record profit on upbeat commodity prices

Sibanye's profit increased by 13% in 2021 to 33.1 billion rand ($2.16 billion).

March 2, 2022

China moves to secure commodities rocked by Ukraine war

Government agencies have been ordered to push state-owned buyers to scour markets for materials including oil and gas, iron ore, barley and corn to fill any potential gaps.