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Leslie Hook

Natural Resources Editor

Leslie Hook leads the FT's coverage of natural resources, with a special focus on mining and the powerful trading houses that ship raw materials around the globe.

Her prior roles at the FT include environment and clean energy correspondent, San Francisco correspondent and Beijing correspondent.

Email Leslie Hook @lesliehook  on Twitter (link opens in a new browser window)
  • Thursday, 2 January, 2025
    Gold
    Gold set to rally further this year, say Wall Street banks

    Yellow metal expected to continue to benefit from buying by global central banks

    Women browse gold jewellery displayed in a store window at the Grand Bazaar in Istanbul.
  • Wednesday, 1 January, 2025
    Copper
    Telecoms groups forecast to reap $10bn windfall from recycled copper

    Industry is decommissioning legacy lines as demand for metal expected to grow

    A worker inspects large coiled bundles of 8mm copper wire in a warehouse
  • Wednesday, 25 December, 2024
    De Beers
    De Beers amasses biggest diamond stockpile since 2008 financial crisis

    Chinese demand has slumped as competition from lab-grown alternatives has increased

    A luxurious De Beers diamond necklace featuring an intricate design with large, teardrop-shaped diamonds and smaller round diamonds. The necklace includes a central pendant with a prominent pear-shaped diamond, all set against a dark background.
  • Tuesday, 17 December, 2024
    News in-depthTrafigura
    Trafigura under fresh scrutiny after scandals hit profits

    Commodities trading house knocked by repeated failures of risk controls that have taken financial and reputational toll

    Richard Holtum, Trafigura logo, US dollars
  • Friday, 13 December, 2024
    Trafigura
    Trafigura profits drop to 4-year low as energy markets ‘normalise’

    Results follow reduction in volatility caused by outbreak of Ukraine war and losses incurred from fraud at Mongolian unit

    company logo
  • Thursday, 12 December, 2024
    Rio Tinto PLC
    Rio Tinto to invest $2.5bn in latest commitment to lithium

    Mining major is betting on metal’s future because of its key role in electric vehicle batteries despite global glut

    Brine pools used to extract lithium at the Salar del Rincon salt flat in Argentina
  • Wednesday, 4 December, 2024
    Rio Tinto PLC
    Activist shareholder intensifies campaign for Rio to quit London

    Palliser Capital says dual structure has been an ‘unmitigated failure’ that cost shareholders $50bn of value

    An aerial view of an open pit mine
  • Tuesday, 3 December, 2024
    News in-depthAdani Group
    The solar saga behind US bribery allegations against Gautam Adani

    Charges against Indian tycoon follow a troubled government effort to boost renewable power

    A montage of Gautam Adani against solar panels and a wind turbine
  • Friday, 29 November, 2024
    News in-depthBHP Group Ltd
    BHP’s need for copper prompts speculation of fresh Anglo bid

    The six-month dealmaking standstill since rejection of the last takeover offer ends today

    Aerial view of Escondida Open Cast Copper Mine, Chile
  • Monday, 25 November, 2024
    Anglo American PLC
    Anglo American sells remaining coal assets for $3.8bn in first stage of restructuring

    London-listed miner is slimming down to concentrate on copper, iron ore and fertilisers

    A worker wearing safety gear, including a helmet and respirator, holds a tablet in front of an industrial structure at Anglo American's Quellaveco copper mine in Peru.
  • Thursday, 21 November, 2024
    Adani Group
    $20bn wiped off Adani corporate empire after bribery charges

    US corruption charges against one of India’s richest men sent shares in his businesses reeling

    People in New Delhi, India, protest against Indian billionaire Gautam Adani on Thursday
  • Wednesday, 20 November, 2024
    Rio Tinto PLC
    Rio Tinto report shows increase in sexual assault

    Anglo-Australian miner’s CEO ‘disturbed’ by findings but says rise partly reflects victims’ greater willingness to come forward

    People in Rio Tinto hard hats
  • Tuesday, 19 November, 2024
    Trafigura
    Swiss prosecutors accuse Trafigura of paying €5mn in bribes to Angolan official

    Unsealed indictment alleges the company’s late founder, Claude Dauphin, masterminded the scheme

    Trafigura Geneva offices
  • Saturday, 16 November, 2024
    Gold
    Gold suffers worst week in 3 years as investors weigh Trump victory

    Dollar surge and Trump win brings metal’s rally to a halt

    A worker loads pure gold precipitate into a crucible in the foundry
  • Thursday, 14 November, 2024
    Resolute Mining Ltd
    Resolute Mining’s Australian shares suspended pending announcement

    Company’s stock drops 10 per cent in London where it is still trading

    A digger loads a truck
  • Wednesday, 13 November, 2024
    News in-depthMali
    Mali’s junta escalates fight with mining groups over profit share

    Resolute Mining chief and colleagues held as junta want greater share of gold producers’ profits

    Gold mining in quarry with truck loader
  • Monday, 11 November, 2024
    Resolute Mining Ltd
    Australian gold miner’s shares plunge after chief executive detained in Mali

    Resolute Mining says Terence Holohan and other executives were in Bamako to discuss claims made against company

    A mine worker wearing protective gloves hammers a large gold ingot after removing it from its mould
  • Thursday, 7 November, 2024
    Vitol Group
    Vitol plans metals move to hedge against decline in crude demand

    World’s biggest independent oil trader expands into materials needed for energy transition

    Vitol chief executive Russell Hardy speaks at the Financial Times Commodities Asia Summit in Singapore
  • Wednesday, 30 October, 2024
    Trafigura
    Trafigura warns of up to $1.1bn loss over Mongolian oil scandal

    Commodity trader is taking action against a ‘small number’ of insiders involved in the alleged fraud

    incoming chief executive Richard Holtum
  • Wednesday, 30 October, 2024
    Gold
    Investors’ ‘fear of missing out’ drives gold demand to record high

    Buyers clamour for gold-backed ETFs as central banks scale back purchases of the precious metal

    A worker uses a special tool to remove red hot gold ingots from their molds in the foundry at a non-ferrous metals plant in Krasnoyarsk, Russia
  • Tuesday, 22 October, 2024
    Energy Source
    US-led Minerals Security Partnership backs new rare earths project in Brazil Premium content

    The coalition is the west’s answer to China’s control of minerals that are critical to the energy transition

    samples of rock and ore pulled from a mine
  • Monday, 21 October, 2024
    Gold
    Gold hits record high as rate cuts and Middle East tensions fuel demand

    Gains of 40% in past year spark predictions of rally to $3,000 a troy ounce

    Stacks of gold bars are neatly arranged in a pyramid shape
  • Friday, 18 October, 2024
    Industrial metals
    Metals trader IXM bids to become China’s answer to Glencore

    Chief executive Kenny Ives reshapes CMOC-owned firm and expands into lithium trading

    Ariel view of a copper mine
  • Wednesday, 16 October, 2024
    BHP Group Ltd
    BHP chief sparks fresh Anglo bid speculation after South Africa trip

    Mike Henry and miner’s M&A executive met government officials as standstill period expires next month

    The Anglo American Sishen iron ore mine near Kathu, Northern Cape province, South Africa
  • Wednesday, 9 October, 2024
    Rio Tinto PLC
    Rio Tinto to buy Arcadium Lithium in $6.7bn cash deal

    Acquisition will make Anglo-Australian miner one of world’s biggest producers of key battery material

    Technicians from the Orocobre mining company work on an evaporation pond test at the Olaroz salt flat. One person in a yellow suit and red helmet leans over to measure the water, while another in a dark jacket and white helmet observes and takes notes. The landscape features dry, mountainous terrain in the background.
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