China defies global copper squeeze with near-record production Copper smelters in China are maintaining production at near-record levels. Bloomberg News | May 27, 2024 | 7:11 am
JPMorgan says BHP plan risks $4.3 billion South Africa outflow Such an outflow, if a deal goes ahead, could weaken the rand. Bloomberg News | May 27, 2024 | 7:05 am
Trafigura faces off with aluminum bulls over huge metal stash The aluminum market is caught in a clash between some of the biggest traders and banks. Bloomberg News | May 25, 2024 | 1:02 pm
Anglo shareholders say BHP should amend structure or sweeten bid Of the investors that Bloomberg spoke to this week, some suggested that BHP should provide a commitment to cover any lost value suffered by the subsidiaries’ new owners. Bloomberg News | May 23, 2024 | 12:16 pm
Pakistan coal miners face expansion issue as China stops funding In 2021, China President Xi Jinping pledged to halt all coal construction and financing abroad. Bloomberg News | May 23, 2024 | 10:49 am
Bonds’ decades-long lead over gold vanishes as debt worries grow A dollar invested in gold 51 years ago is now worth $2,314, $172 more than the return pegged to the Bloomberg Treasury index. Bloomberg News | May 23, 2024 | 9:42 am
Zimbabwe state miner says lithium assets attract investors Kuvimba has identified a lithium ore resource of 38 million tons at Sandawana, the site of a mothballed emerald mine formerly run by Rio Tinto. Bloomberg News | May 23, 2024 | 9:08 am
Copper price steadies after biggest decline in almost two years The metal surged to an all-time high above $11,000 a ton on Monday, followed by a slump of 4.1% on Wednesday. Bloomberg News | May 23, 2024 | 8:39 am
Rio Tinto faces lawsuit over Panguna copper mine in Bougainville Villagers are seeking compensation for loss and damage that could reach billions of dollars. Bloomberg News | May 23, 2024 | 8:31 am
Troubled Peru copper mine starts expansion work in supply boost Las Bambas has for years operated well below its annual capacity of 400,000 tons due to a torrent of community protests. Bloomberg News | May 23, 2024 | 8:26 am
China plans biggest ever cobalt purchases for state reserves The metal has slumped to five-year lows amid booming production in the DRC and Indonesia. Bloomberg News | May 23, 2024 | 7:57 am
Record gold and copper prices are also a boon for illegal mining in Peru Illegal mining had become a “huge challenge” and that the government was working on a bill to create a new framework for small miners. Bloomberg News | May 22, 2024 | 12:22 pm