June 29, 2022

Russia hits back at attempts to ‘politicize’ its diamonds

Country said attempts to question its compliance with the international diamond certification scheme were "totally unfounded" and "far-fetched".

June 29, 2022

Britain sanctions Russia’s “Nickel King” Vladimir Potanin

Sanctions on Russia’s second richest man and president of Nornickel, target Vladimir Putin’s inner circle, the UK government said.

June 28, 2022

UK coal mine’s climate impact is ‘indefensible,’ watchdog says

The government is expected to decide next week whether to allow the mine in Cumbria, northwest England.

June 28, 2022

JPMorgan exits nickel saga as tycoon shrinks ‘big short’

Tsingshan Holding Group’s inability to pay its margin calls to its banks and brokers was among the main drivers of a 250% surge in prices in early March.

June 28, 2022

EU nears combustion car era’s end as Italy may drop opposition

Italy indicated it may give up its push for a five-year delay in the EU’s plan for automakers to eliminate greenhouse gases from the vehicles they sell.

June 28, 2022

Researchers now know why hackmanite changes colour

Hackmanite is considered a natural wonder material that is cheap and easy to synthesize and that has applications in personal UV monitoring and X-ray imaging.

June 27, 2022

SSR Mining slumps as Turkey shuts gold mine after cyanide spill

A spill containing about 8 kilograms of depleted cyanide took place on June 21 at the Copler gold mine.

June 27, 2022

BMW-backed Northvolt advances on $12 billion battery IPO plan

In May, the company became the first European firm to start commercial shipments to an automaker.

June 27, 2022

Commodities face recession test even as Goldman stays bullish

Across markets, there’s growing talk that high prices for raw materials will be cured only by recessions in the second half.

June 27, 2022

Biden urges G7 to stay together as leaders target Russian gold, oil price

Britain, the United States, Japan, and Canada agreed to ban new Russian gold imports, the British government said on Sunday.