BINANCE’S CZ TO RESIGN, PLEAD GUILY – reports
Binance Holdings Ltd. and its CEO Changpeng Zhao have agreed to plead guilty to criminal and civil charges as part of a deal with the Justice Department, according to the…
SEC sues Kraken, alleges it is unregistered broker
Kraken, one of the world’s largest cryptocurrency exchanges, was sued Monday by the US Securities and Exchange Commission, which accused it of illegally operating as a securities exchange without first…
Copper smelting to become cheaper
Chile’s Antofagasta Plc and China’s Jinchuan Group copper smelter agreed on copper-concentrate supply contracts for 2024 that set processing fees 9% lower than the current year as the supply of…
Buffett preparing to scale up Japan investments?
Warren Buffett’s Berkshire Hathaway sold 122 billion yen ($810 million) worth of new yen-denominated bonds with terms ranging from three to 35 years. Raising funds in this way allows the…
All the metals we mined in 2022
The above infographic visualizes all 2.8 billion tonnes of metals mined in 2022 and highlights each metal’s largest end-use using data from the United States Geological Survey USGS. Iron ore…
US sanctions UAE shippers over price cap violations
The United States has imposed sanctions against three shipping companies based in the United Arab Emirates for allegedly violating the $60 per barrel cap on the price of Russian oil.…