#Russia 's Gazprom Group, which also includes oil and power businesses, posted its first annual net loss since 1999 on falling #gas shipments to Europe and lower prices for the fuel. Net loss was 629b rubles in 2023 vs net income of 1.23t rubles previous year.
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🇬🇧NEW: Who bought a posh London apartment for the son of an Azerbaijan official following a key infrastructure deal?

A transparency law requiring offshore companies with UK property holdings to declare their owners delivered the missing piece of a puzzle occrp.org/en/investigati…

Just released data from the Monetary Authority of Singapore shows that its #gold reserves rose by over 4 tonnes in March - the second consecutive month of buying. This means Q1 net purchases total nearly 7 tonnes, with gold reserves now standing at 237 tonnes.

Several of Glencore Plc’s largest shareholders believe that the company should retain its coal assets, throwing a proposed spinoff into doubt

Thomas Biesheuvel Dinesh Nair

bloomberg.com/news/articles/…

More horrible news. A stringer for Reuters in Moscow has been arrested (for some alleged other/prior work) according to the court.

Konstantin Gabov, a journalist and video producer, will now face trial and jail in Russia. Local staff always at highest risk

The inside story of a $39 billion bid to reshape the global mining industry

Thomas Biesheuvel Dinesh Nair Paul-Alain Hunt

bloomberg.com/news/articles/…

The Chips Act has been surprisingly successful at spurring an investment boom. My latest for the Financial Times

ft.com/content/267561…

Is the beginning of a new wave of mining mega mergers?

Scoop from my colleagues Dinesh Nair Thomas Biesheuvel Crystal Tse

bloomberg.com/news/articles/…

They're back!

Some of the world’s biggest energy trading companies are returning to metals, years after getting burnt in the notoriously difficult markets.

Jack Farchy Mark Burton

bloomberg.com/news/articles/…

LME Takes Aim at Traders’ Russian Metal Games With New Rules

Mark Burton

bloomberg.com/news/articles/…

Some good news from Baku. Gubad is still charged but has at least left prison and is now under house arrest. He can get some medical care after months of suffering. Huge credit to his three incredible kids for their tireless campaigning efforts!

Codelco, the Chilean state miner battling to retain the title of world No. 1 copper supplier, is set to suffer a dip in output amid a slow resumption of operations after a fatal accident at one of its mines. Jack Farchy
bloomberg.com/news/articles/… via Bloomberg Markets

Copper traders and executives are debating whether this is the beginning of a long-awaited bull market. Not everyone is convinced, write Jack Farchy and James Attwood bloomberg.com/news/newslette… via Bloomberg Markets

The time from first mineral discovery to first metal has lengthened by four years on average, to 14. The oil industry is going in the other direction, with modern fields such as those off the coast of Guyana taking only five years to come online. bloomberg.com/news/features/… via Businessweek

A single trader is holding a futures position in tin equivalent to over 90% of the volume held in LME warehouses

Alfred Cang

bloomberg.com/news/articles/…

Traders have already worked out how to game the new Russian metal sanctions

Mark Burton Archie

bloomberg.com/news/articles/…

A mining company spent $10 billion digging a hole in the jungle. Then it all fell apart

A richly reported tale about the world's copper conundrum from Jacob Lorinc

bloomberg.com/news/articles/…

Traders are expecting metals prices to jump on Sunday night after the LME banned new Russian supplies

Mark Burton Alfred Cang

bloomberg.com/news/articles/…

“Thank God Demidenko was there to help us.” How Russia tortured and killed a volunteer whose house near the border was the last stop for nearly 1000 Ukrainians escaping the country as part of a modern day underground railroad. Read Pjotr Sauer theguardian.com/world/2024/apr…

The LME responds to new Russian metal sanctions

Mark Burton

bloomberg.com/news/articles/…