Diamond tycoon fails in third UK bail attempt as assets frozen
Fugitive diamond merchant Nirav Modi’s third attempt to get bail has been denied by a UK court.
Latest Stories
British Columbia’s Cariboo gold rush, part 2?
Barkerville Gold’s Cow Mountain in British Columbia’s fabled Cariboo region is shaping up to be the province’s next new gold mine.
Livent shares tumble 22% on sales miss, guidance cut
Lithium chemicals supplier Livent Corp. saw its shares tumble by over 22% on Wednesday on the back of a disappointing Q1 earnings release.
IEA: Renewables growth is stalling
Renewable energy deployment stalled out last year, raising alarm bells about the pace of the clean energy transition.
Trading houses caught in crossfire of Russian oil contamination
Trading houses Vitol, Glencore and Trafigura are caught in the crossfire between Russian oil producers and Western buyers.
Rusal’s political comeback powered by “green” aluminium
In April, Rusal landed a major equity and supply deal with Braidy Industries, which is building the first greenfield aluminium rolling mill in the United States in 37 years.
Kinross mulls options to resume long-term operations in Chile
The Canadian miner may soon make a decision about returning to long-term production in Chile.
Polished diamond prices drop in April — report
According to Rapaport, the price of 1-carat diamonds slid by 1% year-to-date and the price of 3-carat diamonds fell by 6.1% year-to-date.
Rio Tinto and Caterpillar to build intelligent mine in Western Australia
Once completed, the mine will have an annual capacity of 43 million tonnes, underpinning output of the Pilbara Blend, Rio Tinto’s flagship iron ore product.
