Minerals

Greek businessman Evangelos Mytilineos, president and CEO of Metlen Energy & Metals, was re-elected president of Eurometaux, the EU's non-ferrous metals industry association.

Mario Draghi's findings in his report "The Future of European Competitiveness," and the concerns of academics, professionals and entrepreneurs, lead to the conclusion that Europe is not just at a critical point, it is on a cliff's edge. High ambitions and a lack of strategy threaten the Union's security and prosperity.

Stunning photos published by a British couple illustrate the rapid pace at which global warming is melting ice.

Duncan Porter and his wife returned to the same spot in the Swiss Alps nearly 15 years apart to take two different photos. The result is disheartening.

The iron ore market is operating in a complex landscape, with important factors prevailing, such as weakening Chinese demand growth and changing supply dynamics affecting prices.

The government sees opportunities to exploit domestic deposits of rare earths and critical raw materials after restrictions announced by China on exports of gallium and germanium, which are essential raw materials for the manufacture of semiconductors.

Germany, France and Italy have said they would cooperate more closely on the procurement of raw materials as Europe seeks to reduce its reliance on imports from countries such as China.

"Better diversification of our raw material supply is economic security," German Economy Minister Robert Habeck said in a statement.

The largest ruby in the world will be offered by Sotheby's in New York in June, the auction house said at a preview in Hong Kong on Apr 17, and is estimated to fetch more than US$30 million.

The discovery of dozens of beakers and bowls in a mummification workshop has helped reveal how ancient Egyptians embalmed their dead, with some "surprising" ingredients imported from as far as Southeast Asia, a study said on Feb. 1.

Although solitaire ring prices range from 5,000 to 300,000 Turkish Liras ($265- $16,000), 80 percent of marriage proposals in Türkiye are made with rings worth around 10,000 liras ($532), the chairman of a diamond brand has stated.

A rare pink diamond has sold in Hong Kong for nearly $58 million, setting a record for price per carat paid at auction for any diamond or gemstone, according to Sotheby's.

The 11.15-carat Williamson Pink Star on Oct. 7 fetched HK$453.2 million ($57.7 million), the second-highest price paid at auction for any jewel, Sotheby's added.