Rio Tinto seeks to raise up to $9 billion for Arcadium Lithium buyout Rio is tapping the US investment-grade bond market to raise as much as $5 billion to repay a loan used to buy Arcadium. Bloomberg News | March 11, 2025 | 7:19 am
Tariff turmoil leaves US factories paying more for metal than overseas rivals American manufacturers are paying much higher prices for aluminum, steel and copper than rival plants overseas. Bloomberg News | March 11, 2025 | 7:08 am
Brazil’s red tape is ‘cooling’ investment, mining group says Big miners are expected to invest $68.4 billion in Brazil between 2025-2029, a figure that could be higher if the permitting process were streamlined, Ibram CEO says. Bloomberg News | March 10, 2025 | 1:27 pm
Peru prepares US delegation in bid to avert copper tariffs “The rules of the game are changing quickly under the new North American administration,” Energy and Mines Minister Jorge Montero said on Monday. Bloomberg News | March 10, 2025 | 10:46 am
Indonesia mulls tax hikes on miners due to budgetary pressures Indonesia is proposing hiking royalties paid by miners in a bid to bolster public finances. Bloomberg News | March 10, 2025 | 7:23 am
Gold shines bright as biggest jewelry market boosts options bets With the precious metal setting successive records this year, jewelers and retail traders in India are turning to options on gold futures. Bloomberg News | March 9, 2025 | 4:28 pm
Trump says he expects Zelenskiy to come around on minerals deal After intense US pressure on Zelenskiy to stop fighting, Ukrainian and US officials are meeting in Saudi Arabia this week to resume discussions. Bloomberg News | March 9, 2025 | 1:48 pm
US steel CEOs urge Trump to resist metal tariff exemptions Nine US steel industry executives sent a letter on March 7, just days before the US is expected to implement a 25% tariff on all steel imports. Bloomberg News | March 7, 2025 | 3:51 pm
Rio Tinto scraps plans to raise up to $5 billion in share sale Executives at the mining giant had floated the possibility of an equity offering in recent investor meetings after announcing its results. Bloomberg News | March 7, 2025 | 11:41 am
Uzbek gold miner ramps up London IPO preparations Navoi Mining & Metallurgical Co. is one of the world’s largest gold producers. Bloomberg News | March 7, 2025 | 9:34 am
Metal for bullets risks bigger shortage after near-300% surge A global shortage of antimony could worsen as the US and Europe replenish stockpiles of bullets used in Ukraine. Bloomberg News | March 7, 2025 | 7:00 am
Newmont widens output gap over gold mining rivals The biggest gold miners are jostling for dominance over the bullion market. Bloomberg News | March 7, 2025 | 6:44 am