Glencore’s global agriculture unit will rebrand its business by changing its name to Viterra later this year.
The unit will adopt the name of the company that the world’s biggest commodity trader bought in 2012, according to a statement Wednesday. The…
Glencore’s crop unit rebrands as Viterra, stirring spinoff speculation Read More »
One of the world’s largest lithium suppliers is producing at record levels because of optimism about long-term demand for the material used in electric vehicle batteries.
“Given the demand growth expectations in coming years, we feel comfortable with …
Top lithium miner boosts output on optimism about long-term demand Read More »
China’s state stockpiling agency has drawn up plans to buy 2 000 tons of cobalt after the coronavirus pandemic highlighted the fragility of supplies of the strategic mineral.
The National Food and Strategic Reserves Administration could put its purcha…
China plans to boost cobalt reserves as virus spurs supply risks Read More »
Iron-ore’s stunning rally this year, underpinned by China’s demand for the steel-making raw material, risks slowing as miners ramp up output.
The industrial material blasted past $120/t on Tuesday, propelled by China’s stimulus to prop up its pandemic…
Iron-ore’s stunning rally faces challenge as supply risks fade Read More »
Tiffany & Co wants to ease customers’ concerns about human rights abuses in the diamond industry by providing them with an unprecedented amount of detail about the precious stones it sells. Beginning in October, the 183-year-old luxury retailer wil…
Tiffany will soon reveal everywhere your diamond has traveled Read More »
Eskom Holdings, South Africa’s monopoly power utility, shuffled some senior managers weeks after missing its own target for restricting power outages. Bheki Nxumalo has moved from his position as head of generation to the post of a group executive over…
Eskom replaces energy chief Read More »
Gold climbed back above $2 000 an ounce as renewed tensions between the U.S. and China boosted demand for haven assets, and the dollar weakened.
The Trump administration announced further curbs on Huawei Technologies aimed at cutting its access to com…
Gold rebounds above $2 000 amid escalating US-China tensions Read More »
BHP Group will broaden plans to exit coal operations and review opportunities to shed aging oil and gas assets under new CEO Mike Henry’s more urgent push to reshape the world’s top miner’s portfolio for a low-emissions future.
The producer aims to se…
The world’s top miner broadens plans to exit coal operations Read More »
Vedanta will have to keep its plans to resume operations at its copper smelter in India on hold for longer after a local court rejected an appeal to restart the plant.
The Madras High Court on Tuesday refused permission to restart the plant in souther…
India court rejects Vedanta’s plea to restart copper smelter Read More »
Warren Buffett’s Berkshire Hathaway added Barrick Gold to its portfolio in the second quarter.
Berkshire took a new position in Barrick, buying 20.9-million shares, or 1.2% of the company’s outstanding stock, with a current market value of $565-millio…
Berkshire makes a bet on gold market that Buffett once mocked Read More »
