G7 plan to ban Russian diamonds to further dim industry sparkle
But even before it is in force, producers say Western customers have been shunning gemstones from Russia.
Latest Stories
Finland discovers rare earth minerals at the Sokli deposit
Sokli is the world’s largest carbonatite deposit and could produce 10% of the REE needed annually in Europe.
Fortuna Silver wins another court decision in Mexico, has San Jose EIA reinstated
In its ruling on Monday, the Federal Administrative Court dismissed the allegations contained in the annulment resolution.
Glencore cuts 2023 nickel guidance as strikes hit production
The company has lowered its guidance for full-year nickel production by 9% to approximately 102,000 metric tons.
Gem Diamonds finds 117-carat diamond at Letseng
The discovery of the white Type IIa rough diamond is a much-needed positive news for the miner, which reported last month a $1 million loss.
Hedge funds pile into uranium stocks set for ‘dramatic’ rise
Several hedge fund managers have started ratcheting up their exposure to uranium stocks, as they bet on significant price gains.
Traders abandon China’s ‘copper king’ as metals woes spread
More than a dozen employees have left Shanghai-based copper traders affiliated with Chinese conglomerate Amer International Group Co. in the past few weeks.
China’s fraying ties to Myanmar’s tin hub threaten key supply
Since the discovery of large deposits in Wa State, Myanmar has become a crucial tin producer.
BlackRock says buy metals companies if you care about climate
"The story is about what’s happening over the next 10 to 15 years,” said Evy Hambro, global head of thematic and sector investing at BlackRock.
