July 8, 2022

Putin warns West: sanctions risk energy price spike catastrophe

Leader said that continued use of sanctions against Russia could lead to catastrophic price rises on energy markets, hitting households across Europe with much higher prices for energy.

July 4, 2022

Banks step up trade finance in global commodities boom

Commodity trading houses have seen earnings climb as they capitalize on wild swings in prices and arbitrage opportunities.

July 2, 2022

Commodities hit July storm with Putin and Powell stirring fear

Energy crises and central bank moves to crush inflation present powerful headwinds across markets, underscored by copper’s collapse Friday below $8,000 a ton.

July 1, 2022

Orea negotiating with Nordgold to take full control of Montagne d’Or JV

Montagne d'Or is an open-pit gold development project with potential to increase its reserves through infill and expansion drilling.

July 1, 2022

EU looking to ban Russian gold in new sanctions package

Russia is the second largest gold mining country in the world, and its gold exports were estimated to be worth £12.6 billion in 2021.

June 30, 2022

Oil posts first monthly drop this year as OPEC hikes supply

West Texas Intermediate dropped below $106 a barrel on Thursday, posting a monthly decline of 7.8%.

June 30, 2022

Nornickel to discuss cancellation of treasury shares

The company currently holds 791,227 treasury shares after last year's buyback.

June 28, 2022

Space tech start up discovers path to emission-free future for steel industry on earth

Helios scientists discovered that technology created for a reactor built to extract oxygen and iron from regolith could also be used to extract 99% pure iron from iron ore.

June 25, 2022

G-7 set to ban new Russian gold imports in pledge backed by US

US President Joe Biden and fellow Group of Seven leaders are expected to announce a ban on new gold imports from Russia.

June 24, 2022

When you buy diamonds, think of Bucha, Ukraine envoy says

Ukraine has accused the Russian military of executing residents of Bucha, a town outside the capital Kyiv that Russian troops had occupied for several weeks.