Trafigura is facing potential losses of up to $1.1 billion due to alleged fraud by employees tied to overdue debts in Mongolia. This new scandal comes as Trafigura’s profits have dropped 73% ...

DV Trading hired several fuel and natural gas traders in recent months as it expands its proprietary energy-trading business, even as other firms slow hiring in the space amid ebbing volatility.

months after saying it intended to block a previous deal to sell the copper and cobalt miner to a Chinese investor. Chemaf — backed by Trafigura Group — spent nine months looking for a buyer ...

In the race to secure copper for the clean energy transition and artificial intelligence applications, a range of companies are firing up abandoned assets once seen as financial liabilities to ...

In fact, the AI boom alone is expected to drive copper demand up by 1 million metric tons by 2030, according to Trafigura. The copper market is currently at a pivotal juncture, with both short ...

Mubadala Capital said on Monday it has an ongoing internal process to ready the sale of Brazil’s Porto Sudeste, an iron-ore ...

Trafigura Group is preparing to take a US$1.1 billion hit after discovering what it suspects was fraud involving employees in its Mongolian oil business, according to people familiar with the matter.

Nova Pacific Metals Corp. is pleased to announce that it has entered into an option agreement with three arm's length vendors to acquire 100% ownership of 9 mineral tenures encompassing approximately ...

Vitol Group, Trafigura Group and BP Plc are the dominant buyers of fuels from Nigeria’s giant new Dangote oil refinery near Lagos that’s reshaping petroleum trading in Africa and Europe.

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Develop Global Limited is poised to enhance its market presence with the recommissioning of its Woodlawn copper-zinc mine, expected to generate production and cashflow by mid-2025. A strategic funding ...