McEwen eyes copper IPO as soon as November for Argentina project

While McEwen is funded into next year as it drills the Los Azules project, it may go public later in 2023 or early 2024 to bankroll a feasibility study.

Bloomberg News | August 15, 2023 | 10:18 am

Iron ore price climbs as China’s PBOC cuts rates to support recovery

The metal rose after the People’s Bank of China cut the rate on one-year loans by 15 basis points — the most since 2020.

Bloomberg News | August 15, 2023 | 8:20 am

Ecuador’s tense vote also threatens to end mining, oil projects

Ecuadorians are expected to vote in favor of referendums to order the closing of a major oil field and restrict gold and copper mining.

Bloomberg News | August 15, 2023 | 8:10 am

More than 50 firms want in on new lithium-mining model in Chile

Bidding for the exploration contracts is scheduled to take place early next year.

Bloomberg News | August 15, 2023 | 8:04 am

China’s gold prices rising higher than rest of world due to import curbs

The swing to a premium is being driven by tighter supply in China, the World Gold Council said in a report last week.

Bloomberg News | August 14, 2023 | 5:34 pm

Syrah pins hopes of mine restart on end of China supply glut

Syrah offers one of the few non-Chinese options for those seeking graphite material through its mine in Mozambique.

Bloomberg News | August 14, 2023 | 5:29 pm

Free marketeer leading Argentine election seen rocking commodities

Javier Milei, a libertarian outsider who’s taken a surprise lead in the race for Argentina’s presidency, would shake up the country’s powerhouse commodity industries like none of his rivals.

Bloomberg News | August 14, 2023 | 3:56 pm

US Steel soars after it rejects $7.25 billion Cliffs bid

Cliffs said it submitted the proposal privately on July 28 and received a rejection letter on Sunday that called the offer “unreasonable.”

Bloomberg News | August 14, 2023 | 9:18 am

The four biggest hurdles in America’s EV transition

Since the Inflation Reduction Act was signed into law one year ago this week, there’s been $59 billion in new EV investments announced in the US.

Bloomberg News | August 14, 2023 | 8:17 am

Codelco turns to new CEO as debt piles up at top copper producer

Codelco will name its third CEO in a year in the coming weeks as the company struggles to turn around a slump in output and earnings.

Bloomberg News | August 14, 2023 | 7:53 am

Zimbabwe stockpiles 300,000 carats of diamonds

Stockpiling follows new regulations that compel miners to pay half of their royalties using commodities.

Bloomberg News | August 13, 2023 | 11:49 am

Solar built on trash offers solution to renewable energy’s space problem

A new solar farm east of London is the size of 28 football fields and sits atop a 5 million-ton trash heap.

Bloomberg News | August 12, 2023 | 12:27 pm

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