June 15, 2022

Chinese stimulus, lower supply from Russia to keep nickel prices high – report

Nickel prices will edge higher in Q322 as Chinese stimulus measures improve the demand outlook and the Russia- Ukraine war continues to disrupt supply, says Fitch.

June 15, 2022

Ukraine steelmaker says Russia is taking metal from Mariupol

The alleged thefts would fit a pattern of Russia targeting commodity hubs that provided Ukraine with vital export revenues.

June 15, 2022

Kinross Gold sells Russian assets at half the agreed price

Kinross, which operated in Russia for about 25 years, said the price change followed a review by a recently formed commission to control foreign investments.

June 9, 2022

Nutrien will boost fertilizer production capacity as prices soar

The world’s largest fertilizer company will ramp up potash production capability to 18 million tonnes by 2025, a 40% increase compared to 2020.

June 8, 2022

Alrosa nixes dividend as economic sanctions bite

The company is subject to stinging economic sanctions levied by the West against Russia for its war in Ukraine.

June 6, 2022

Zimbabwe signals state mine investment with Russia platinum exit

The exit of Vi Holding from Darwendale Platinum brings to an end 16-years of Russian involvement with the project.

June 5, 2022

Russian mine in Arctic evacuated after smoke reported, Nornickel says

Nornickel said no one had been injured in the incident.

May 27, 2022

Steel buyers demand huge discounts from Russian producers

The country’s producers have seen their options dwindle as sanctions choke sales to the key European market.

May 27, 2022

China drags down entire industrials metals complex – report

Iron ore bucks the metals price doldrums as China GDP growth slows.

May 26, 2022

Rusal calls strike at Guinea bauxite mine ‘illegal’

The workers at COBAD are demanding better working conditions and a salary increase.