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 scam.

Bloomberg News | May 20, 2021 | 9:57 am

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.

MINING.COM Staff Writer | May 20, 2021 | 9:54 am

Gold price shakes off tapering concerns from Fed minutes

Gold rebounded to a near four-month high despite signals of taper talks from the Fed.

MINING.COM Staff Writer | May 20, 2021 | 9:22 am

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.

Cecilia Jamasmie | May 20, 2021 | 9:07 am

Codelco says its copper is 100% traceable amid sustainability drive

The announcement comes amid a broader push by the company to reduce water consumption, recycle industrial waste and scale back carbon dioxide emissions by 2030.

Reuters | May 20, 2021 | 9:05 am

Triple Flag shares flat after Canada’s biggest mining IPO in 9 years

Led by former Barrick Gold Corp executive Shaun Usmar, Triple Flag provides up-front financing to miners in exchange for a share of future revenue or production.

Reuters | May 20, 2021 | 9:01 am

All roads lead to net-zero, not just the easy ones

Science gets in the way of net-zero in some areas but in many, many others, ways forward do exist.

Bloomberg News | May 20, 2021 | 8:34 am

Billionaire mining moguls fight fraud cops in £70m trial

Billionaire mining tycoons said the UK’s fraud prosecutor colluded with their own “bullying” lawyer to leak confidential information and manufacture grounds for a criminal probe that’s dragged on for almost a decade.

Bloomberg News | May 20, 2021 | 7:55 am

Visualizing the freefall in electric vehicle battery prices

With rising production and technological improvements, batteries are becoming cheaper to produce, making EVs increasingly competitive with gas-powered cars.

Govind Bhutada - Visual Capitalist | May 20, 2021 | 7:52 am

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