Chinese gold buying is driving a paradigm shift in bullion As inflation-adjusted rates soared this year to the highest since the financial crisis, bullion has barely blinked. Bloomberg News | September 24, 2023 | 10:40 am
Glencore-backed zinc miner is getting crushed in the debt market Volcan Cia Minera’s dollar-denominated notes closed as low as 49.5 cents on the dollar last week. Bloomberg News | September 22, 2023 | 2:24 pm
US Steel draws interest from small Canadian rival it once owned Stelco is in talks with a potential partner on its bid, Bloomberg sources say. Bloomberg News | September 22, 2023 | 1:47 pm
US says it can’t cut China out of critical minerals supply chain China’s key role in the processing of raw minerals means it will remain a key partner, says Jose Fernandez, the US under secretary for economic growth and the environment. Bloomberg News | September 22, 2023 | 12:13 pm
Largest asteroid sample ever collected is coming down to Earth OSIRIS-REx could also help inform future missions to asteroids — perhaps even ones to mine these rocks for resources. Bloomberg News | September 22, 2023 | 11:04 am
Rio Tinto halts mine work as second indigenous site damaged A Pilbara scrub tree and a one square meter rock fell from the overhang of a rock shelter in an area adjacent to the site. Bloomberg News | September 22, 2023 | 8:03 am
Canada Infrastructure Bank CEO hints at $100m funding to come for northern mining project The Canada Infrastructure Bank is preparing to lend $100 million towards mineral mining infrastructure. Bloomberg News | September 21, 2023 | 2:27 pm
Top Philippine nickel miners may spend $2 billion in new plants The Philippines has been pushing miners to invest in processing facilities instead of just shipping out raw ore. Bloomberg News | September 21, 2023 | 7:00 am
Barrick says big miners show interest in Pakistan copper project The $7 billion Reko Diq project in Balochistan boasts one of the world’s largest copper deposits. Bloomberg News | September 20, 2023 | 1:54 pm
Congo sees expanded UAE mining investment, seeks Inga partners The plans signal an openness to new investors beyond the Chinese and European companies. Bloomberg News | September 20, 2023 | 10:39 am
Russia becomes UAE’s top gold source after being shut out of west The UAE has long been a key hub for precious metals, particularly from Africa and India. Bloomberg News | September 20, 2023 | 10:01 am
US missing out on Namibia’s hydrogen, mineral boom, Geingob says German officials visited Namibia in December and considered investing there as they search for new energy sources. Bloomberg News | September 20, 2023 | 8:20 am