June 24, 2022

Swiss customs say Russian gold import arrived from the UK

The gold arrived from the UK, but had a Russian so-called designation of origin, customs said in a statement Friday.

June 23, 2022

China backs Russia in opposing bid to redefine conflict diamonds

China agrees that the Ukraine issue falls outside the scope of the Kimberley Process.

June 23, 2022

Swiss gold refiners say they didn’t import mystery Russian metal

Over 3 tons of gold -- worth about $200 million -- was shipped from Russia to Switzerland in May, almost all of which was marked as being for refining.

June 21, 2022

Russia eyes new rules on state’s gold, gem sales amid war

The Finance Ministry proposed this week to put a portion of the country’s gold and gems into a special reserve that can be accessed in times of war.

June 21, 2022

Switzerland imports Russian gold for first time since war

Switzerland received 3.1 tonnes of gold worth around $200 million from Russia in May, accounting for around 2-3% of its total gold imports.

June 20, 2022

Civil society group flays diamond watchdog over Russia stalemate

The United States and Britain have imposed sanctions on Russia's Alrosa, the world's largest producer of rough diamonds, which accounted for around 30% of global output last year, and is…

June 20, 2022

China’s alumina exports soar to fill Russian shortages

The 190,000 tons shipped in May brings the year-to-date figure to 380,000 tons, nearly 1,000% higher than the same period in 2021.

June 16, 2022

European gas gyrates as Russian cuts escalate energy crisis

Western sanctions on Russia have left equipment key for the functioning of the Nord Stream gas pipeline stuck abroad.

June 16, 2022

Russian coal miners turn to India as war upends commodity flows

Sales of thermal coal to Europe dropped to about 10-15% of total exports from 30% before the invasion.

June 16, 2022

Top producer Russia thwarts move to redefine ‘conflict diamonds’

The rift in the Kimberley Process, which certifies rough diamond exports, risks paralyzing the body which makes decisions by consensus.