January 22, 2021

Steinmetz sentenced to 5 years in jail in Swiss bribery case

His lawyer said he will appeal all to the way to the Supreme Court.

January 21, 2021

Death of the ring could be only the start of LME revamp

The LME’s iconic ring finally looks set to succumb to the electronic tide that has swept all before it.

January 21, 2021

Alrosa sees diamond demand uptick in 2021

The Russian miner saw sales grow more than three fold in the fourth quarter of 2020 to 17 million carats.

January 21, 2021

Consortium for Battery Innovation calls for boost to climate-friendly technologies

The new chairman of the CBI asked governments and industry to help accelerate the development of advanced battery technologies.

January 20, 2021

Antofagasta’s Los Pelambres expansion to cost an extra $400m

The project's cost is now pegged at $1.7 billion.

January 19, 2021

Cobalt price rally lifts EV Metal Index to fresh record high

Cobalt use in newly-sold electric cars sets record and prices jump to 21-month high, lifting overall index to fresh monthly record.

January 19, 2021

End of an era? LME proposes closure of open-outcry trade

The LME floor closed in March 2020 for the first time since World War II to allow the social-distancing needed to deal with covid-19.

January 19, 2021

De Beers raises diamond prices most in years

Company implemented its biggest price increase for diamonds in years as the industry starts bouncing back from the pandemic-induced shutdown.

January 19, 2021

Kabanga, Tanzania to develop world’s largest nickel deposit

The UK-based miner and Tanzania will jointly develop a project formerly owned by Barrick and Glencore.

January 19, 2021

Covid-restrictions force Lithium Australia out of Germany

The miner said that restrictions rendered the work in Saxony’s Ore Mountains “almost impossible.”