April 15, 2024

Metals whipsawed as sanctions on new Russian supplies rattle LME

Aluminum jumped as much as 9.4% as the market opened, the most since the current form of the contract was launched in 1987.

April 15, 2024

New metals sanctions push Russia further into China’s embrace

The sanctions now leave the Shanghai Futures Exchange as the only major commodities bourse in the world to accept Russian shipments.

April 15, 2024

Rusal says new Western sanctions won’t hurt its aluminum supply

Goldman Sachs also said it did not expect an immediate supply shock.

April 14, 2024

CME bans Russian-origin aluminum after US, UK impose new sanctions

CME Group has suspended from its platform aluminium produced in Russia from April 13

April 14, 2024

Gold prices at a record high are keeping pawn shops busy

Record prices pushing toward $2,500 an ounce are proving hard to resist.

April 13, 2024

LME bans Russian-origin metal after UK, US impose new sanctions

The London Metal Exchange (LME) on Saturday banned from its system Russian metal produced on or after April 13.

April 12, 2024

US, UK take action targeting Russian aluminum, copper and nickel

A UK official said London expected any market disruption to stabilize quickly.

April 12, 2024

Antwerp World Diamond Centre CEO resigns amid Russia diamond sanctions

Ari Epstein did not publicly communicate the reason for his sudden departure.

April 12, 2024

France wants to revive copper mining and speed up green projects

Copper mining has been halted in France for more than two decades.

April 11, 2024

Denarius sees quick restart for former Lundin nickel-copper mine in Spain

The Aguablanca mine will produce a total of 43.2 million lb. nickel and 34.6 million lb. copper plus gold, platinum, and palladium.