New metals sanctions push Russia further into China’s embraceThe sanctions now leave the Shanghai Futures Exchange as the only major commodities bourse in the world to accept Russian shipments.Bloomberg News | April 15, 2024 | 7:01 am
Rusal says new Western sanctions won’t hurt its aluminum supplyGoldman Sachs also said it did not expect an immediate…Reuters | April 15, 2024 | 3:07 am
Gold prices at a record high are keeping pawn shops busyRecord prices pushing toward $2,500 an ounce are proving hard…Bloomberg News | April 14, 2024 | 10:50 am
IRA, EGD and now the EU move on China EVs – governments are showering mining with money When the EU closes its EV market to China, it would open up a direct route and likely premium pricing for lithium, nickel, cobalt miners now supplying China. Frik Els | September 17, 2023 | 2:05 pm
Europe’s “oldest” copper cannon made of Slavic copper A “faulty” cast copper-alloy cannon may be the oldest in Europe. Staff Writer | September 17, 2023 | 7:41 am
Investors glimpse opportunity in Europe’s unloved mining shares The STOXX Europe 600 mining index has fallen 15% this year, making it the worst performing sector in the region by some margin. Reuters | September 15, 2023 | 9:08 am
Aluminum deal season has started, but no one is buying yet The annual contracting season for aluminum supplies got off to a slow start at a key industry conference this week. Bloomberg News | September 15, 2023 | 8:35 am
G7 to launch Russian diamond ban in bid to curb revenues, Belgium says A ban on imports of Russian diamonds is expected to be agreed by Group of Seven nations in the next two or three weeks. Reuters | September 15, 2023 | 7:46 am
London-listed Rockfire to buy suspended Dubai gold refinery The London-listed company said the deal is conditional on Emirates Gold being restored to the United Arab Emirates’s Good Delivery List. Bloomberg News | September 15, 2023 | 7:31 am
London gold body aims to create secure global database The LBMA's database of Russian gold bars held by banks in London helps to prevent sanctions evasion by Russian companies. Reuters | September 14, 2023 | 11:04 am
Cornish Metals updates South Crofty tin resources, targets feasibility by end of 2024 The new MRE showed a 39.0% increase in tonnes and 31.6% increase in contained tin in the indicated category. Staff Writer | September 14, 2023 | 9:33 am
LME to change the way closing prices are determined The changes will extend the volume-weighted average price methodology to five additional prompt dates for aluminum, copper, zinc, lead and nickel. Reuters | September 14, 2023 | 8:37 am