May 20, 2021

Swiss trader accused of laundering mafia money with diamonds

A Swiss trader stands trial on Thursday accused of knowingly buying diamonds worth $750,000 on behalf of Italian criminals to help them launder the proceeds of a $35 million tax…

May 20, 2021

Iron ore price drops as China steps up efforts to curb soaring commodity prices

On Wednesday, China's cabinet vowed to strengthen its management of commodity supply and demand to curb "unreasonable" price increases.

May 20, 2021

China’s largest jewellery retailer backs mined diamonds

Partnership between diamond miners and Chow Tai Fook aims to boost demand for mined rocks in China, particularly among young consumers.

May 20, 2021

The great commodities boom of 2021 is facing its first big test

Commodities rally is wavering on worries about faster inflation, Federal Reserve hints at easing stimulus and China’s warning over measures to cool price spikes.

May 19, 2021

BHP announces first production from South Flank

BHP’s South Flank project is expected to produce 145 million tonnes of iron ore each year.

May 19, 2021

Pandemic wiped out four years of growth for top British Columbia miners

After returning close to 2016 levels in 2019, BC mining companies are hit hard by pandemic.

May 19, 2021

Mining copper tailings could answer supply deficits later this decade

Copper miners are taking another look at extracting value from their waste rock dumps thanks to the record recent copper price rally and the application of new technology.

May 19, 2021

Imperial Metals launches $49.6m rights offering

The proceeds will be used to fund work at the copper-gold Red Chris mine in British Columbia and repay short-term debt.

May 19, 2021

First Quantum sells 30% of Ravensthorpe mine for $240m

Company agreed to sell stake in its nickel mine in Western Australia to South Korean steelmaker POSCO.

May 19, 2021

India’s covid crisis hits De Beers diamond sales

India, where the majority of diamonds are cut and polished, is grappling with one of the world’s deadliest surge in infections.