May 22, 2023

Russia raises aluminum exports to China to near record levels as sanctions bite

Russian sales of refined aluminum to China nearly trebled in April from the previous year.

May 22, 2023

Polymetal plays down scope of sanctions as London-listed shares tank

Polymetal's Russian operations accounted for around two-thirds of the group's revenue in 2022.

May 21, 2023

Macron says Mongolia to supply critical metals for green push

Macron added that the two countries would cooperate on renewable energies and nuclear.

May 20, 2023

US imposes sanctions on some of Russia’s biggest gold miners

Polyus and Polymetal were targeted, according to a statement Friday.

May 19, 2023

Wall Street Journal sees a debt-ceiling copper glow up

A look at the esteemed financial paper’s case for calling copper the next big bull market.

May 19, 2023

LME profits fall to 8-year low as nickel crisis hits exchange

The LME’s annual profit fell 27% to $56.1 million, the lowest since before a hike in trading fees in 2015.

May 19, 2023

Trafigura says accused fraudster’s wife not a bystander

Trafigura in February accused Prateek Gupta and the companies connected to him of perpetrating a “systematic fraud” .

May 19, 2023

Gem trader HB Antwerp eyes African diamonds after Botswana pact

The firm is looking for potential deals to process rough diamonds in countries including Namibia, South Africa, Lesotho and the DRC.

May 19, 2023

G-7 to chase Russia’s diamonds while stopping short of total ban

Earlier attempts to sanction Russian gems in Europe have met resistance from importer nations like Belgium.

May 19, 2023

Half of the coal-fired power plants announced worldwide unlikely to be built — study

A study by Mercator found that 50% of the coal-fired power plants that were planned to come online in the next few years will fail to do so.