Nornickel moves closer to biggest buyer with plan for copper plant in ChinaThe Russian firm will close its Arctic copper plant and build one in China with an unnamed partner.Reuters | April 22, 2024 | 5:23 am
Glencore and Trafigura’s sanctions games are draining the LMEThe world’s two biggest metals traders plan to withdraw the…Bloomberg News | April 19, 2024 | 1:42 pm
Traders are already gaming the new Russian metal sanctionsThe opportunity lies in massive piles of Russian metal already…Bloomberg News | April 17, 2024 | 6:06 am
Ukraine’s coal mines turn to women to solve wartime staff shortages After more than a thousand of its workers went to fight Russia's invasion, a coal company decided to allow women to work underground for the first time in its history. Reuters | November 22, 2023 | 7:52 am
Mali signs agreement with Russia to build gold refinery The accord involves building a 200-tonnes-per-year refinery. Reuters | November 22, 2023 | 7:45 am
Kremlin, facing diamond ban, says EU sanctions have ‘boomerang effect’ EU diplomatic sources said last week the proposal under discussion was to ban direct diamond imports from Russia from Jan. 1. Reuters | November 20, 2023 | 8:04 am
EU proposes to ban Russian diamonds from start of 2024 The proposal is part of a new sanctions package to curb Russia's ability to finance its invasion of Ukraine. Reuters | November 17, 2023 | 8:02 am
Hong Kong ousts Dubai as biggest hub for Russian gold trade The city has long been a key conduit for bullion entering the Chinese mainland — the world’s biggest consumer market. Bloomberg News | November 15, 2023 | 10:01 am
EU Commission proposes Russian diamond ban, tightening of oil price cap The sanctions package also contains import bans on a number of metals. Reuters | November 15, 2023 | 7:36 am
Russia: World market can’t make up for sanctions on supply of Russian diamonds The G7 has been weighing various proposals on how to track the origin of diamonds coming into Western markets. Reuters | November 14, 2023 | 10:44 am
The diamond world takes radical steps to stop a pricing plunge The speed and severity of the collapse in diamond prices caught many by surprise. Bloomberg News | November 12, 2023 | 6:06 am
UK sanctions on Russian plant send jitters through palladium Britain on Wednesday announced sanctions on Krastsvetmet, the main refinery used by top palladium producer Norilsk Nickel. Bloomberg News | November 10, 2023 | 11:59 am