BERLIN – Gas rationing in Germany would impact the metal production and processing, chemical and paper industries most severely, according to a study on Thursday, amid heightened uncertainty over Russian …
Metals
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By Francesco Guarascio BRUSSELS – The EU is set to add Russia’s top lender Sberbank and the head of giant zinc and copper firm UMMC to its list of individuals …
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Pair who went on the run after being found guilty of fraud at a now defunct precious metals firm, sentenced to prison
by DOJ PressSeattle –The former President & CEO of Northwest Territorial Mint, a now-bankrupt company dealing in precious metals, was sentenced today in U.S. District Court in Seattle to 11 years in …
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U.K. National Sentenced to 3 Years in Prison for $8.3 Million Scam That Claimed Precious Metals Could Be Extracted from ‘Ancient Slag’
by DOJ PressLOS ANGELES – A British national was sentenced today to 36 months in federal prison for defrauding over 100 investors out of more than $8 million through a scheme …
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By Min Zhang and Gavin Maguire BEIJING/SINGAPORE – China’s army of metal processors and traders has flipped from buyers to sellers amid a sharp downshift in economic activity in the …
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By Yuka Obayashi TOKYO -Japanese trading house Mitsui & Co Ltd reported a record full-year profit on Monday as soaring metals and energy prices offset a loss from its liquefied …
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By Min Zhang and Twinnie Siu BEIJING/HONG KONG – Aluminum Corp of China Ltd, known as Chalco, said on Tuesday its net income surged 564.6% in 2021 to log its …
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By Guy Faulconbridge LONDON -Confiscating the assets of companies that have fled Russia since the invasion of Ukraine would shatter investor confidence for decades and take Russia back to the …
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By Fabian Cambero and Anthony Esposito SANTIAGO – Pre-tax profits for the world’s largest copper producer Codelco surged to $7.4 billion in 2021 from $2.1 billion a year earlier, boosted …
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By Clara Denina and Zandi Shabalala LONDON – Big miners, under pressure to increase their exposure to minerals needed to drive the electric vehicle revolution, have so far opted for …
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By David Lawder and David Brunnstrom WASHINGTON – U.S. Trade Representative Katherine Tai told South Korea’s trade minister on Thursday the United States was focused on “existing conversations” on steel …
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Los Angeles Man Pleads Guilty to Fraud Charge for $8.3 Million Scam that Claimed Precious Metals Could Be Extracted from ‘Ancient Slag’
by DOJ PressLOS ANGELES – A resident of the Mount Washington neighborhood of Los Angeles pleaded guilty today to defrauding more than 100 investors out of approximately $8.3 million through a …
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NEW YORK – New York Attorney General Letitia James, leading a coalition of 23 attorneys general, today petitioned the U.S. Food and Drug Administration (FDA) to protect the health and well-being …