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

Both gold and uranium are coming off strong performances in 2023.

Russia’s monthly coal sales to China have declined since peaking at more than 10 million tons in June.

Gold and silver have both held up quite well despite the Fed’s tightening cycle.

The resource base of the new project is about 300 billion cubic metres of gas and 70 million metric tons of oil.

A new executive order gives Washington the ability to ban products originating in Russia but processed in third countries, such as diamonds.

Alrosa said on Friday that its 2023 output fell by 2.8% year on year to 34.6 million carats.

ENRC has always denied any wrongdoing and argued the UK's Serious Fraud Office would not have launched its investigation if it had not first induced the company's former lawyer to act against its interests.

Home to 90% of the world's diamond cutting and polishing industry, India is critical to the implementation of the ban.

The new sanctions package bans the import of Russian-origin non-industrial diamonds.