Chinese trader’s $20 million pile of Russian copper goes missingWuchan Zhongda Group, which had sales of $80 billion in 2023, bought 2,000 tons of refined copper from a Russian smelter that should have been delivered last month.Bloomberg News | June 13, 2024 | 7:49 am
South Korea, Kazakhstan sign minerals deals as Seoul moves to diversify supply chainStable supply of critical minerals is considered crucial, as South…Reuters | June 12, 2024 | 7:30 am
Existing fossil fuel projects enough to meet energy demands while world transitions to net zero – studyResearchers recommend that governments legislate to ban new fossil fuel…Staff Writer | June 9, 2024 | 8:34 am
Fire damage, sanctions delay start of new Russia zinc mine The Ozernoye zinc mine, which would be Russia's largest, has been hit by the Western sanctions. Reuters | February 5, 2024 | 10:32 am
Putin signs decree allowing transactions with Russneft shares Glencore previously owned around 24% of Russneft's share capital. Reuters | February 3, 2024 | 12:31 pm
Uranium stocks extend surge after Kazakh miner cuts output Kazatomprom lowered its guidance for production for this year by 12% to 14%. Bloomberg News | February 1, 2024 | 5:47 pm
Gold demand to hit record with central bank buying, WGC says Overall consumption climbed by about 3% to 4,899 tons last year, supported by strong demand in the OTC market, the World Gold Council says. Bloomberg News | January 31, 2024 | 10:10 am
Swiss ban Russian diamond imports, joining latest EU sanctions Bern has agreed to adopt the 12th round of sanctions implemented by the EU in December. Reuters | January 31, 2024 | 9:51 am
Metals sanctions are dividing the biggest traders and banks The latest UK sanctions on Russia are creating new fault lines across the global metals world. Bloomberg News | January 31, 2024 | 8:37 am
Russian oligarch Potanin wins divorce claim appeal, case continues A claim by Potanin's ex-wife to a share of his stake in Nornickel can continue in court, despite the businessman winning an appeal. Reuters | January 31, 2024 | 8:21 am
Polymetal CEO says new shareholder will expedite Russian asset sale Russian and Chinese companies were among interested buyers. Reuters | January 31, 2024 | 8:15 am
Russian tycoon’s investment group sells Polymetal stake to Omani-owned consortium Polymetal International is seeking to sell its Russian assets, which were sanctioned by the US in 2023. Reuters | January 29, 2024 | 7:07 am