Barrick CEO says inflation not over as costs weigh on results Amid such a backdrop, Bristow is keen to highlight that Barrick will invest more on its operations in the coming year. Bloomberg News | February 15, 2023 | 9:59 am
China thermal coal hits one-year low on slow industrial recovery The drop below key levels reflects bearish sentiment as China’s economic recovery hasn’t been as strong as expected. Bloomberg News | February 15, 2023 | 8:15 am
Australia’s bid to break China’s lithium dominance hit by delay Wesfarmers said the start of its lithium refinery has been pushed back to the first half of 2025. Bloomberg News | February 14, 2023 | 5:08 pm
How Citigroup helped lift the lid on Trafigura’s nickel nightmare Until late October, the US bank had been helping to finance Trafigura’s nickel trades with companies linked to Indian businessman Prateek Gupta. Bloomberg News | February 14, 2023 | 10:40 am
Turkey to temporarily suspend some gold imports after quakes Turkey was also the biggest buyer of gold among central banks last year. Bloomberg News | February 14, 2023 | 10:28 am
Once-hot EV metals fragile as China warning follows Goldman Following a 45% rally in 2022, nickel has slumped 11% on the London Metal Exchange this year. Bloomberg News | February 14, 2023 | 7:35 am
Electric vehicle sales top $1 trillion in wake-up call for carmakers Global auto sales are worth around $2.5 trillion a year. Bloomberg News | February 14, 2023 | 7:17 am
Asset managers touting ESG enjoy a turbo-charged coal boom Thungela Resources CEO is promising to ratchet up production through the end of the next decade at least. Bloomberg News | February 13, 2023 | 10:26 am
China’s top coal supplier switches to more costly auctions Mongolia is changing the way it sells its product in a bid to improve transparency and reap better returns from its top export earner. Bloomberg News | February 13, 2023 | 7:36 am
Column: How lack of copper could slow the energy transition It’s far from clear whether a traditionally cautious mining industry will embrace the scale of investment needed to rewire the world. Bloomberg News | February 13, 2023 | 7:28 am
Commodities risk lurking in ESG funds now too big to ignore Analysts estimate that the path to net zero may require digging up 5.2 billion metric tons of metals through 2050, which may be worth as much as $10 trillion. Bloomberg News | February 13, 2023 | 7:01 am
De Beers diamond deal threatened as Botswana says it’s ready to walk away Botswana President said his government is prepared to walk away from negotiations if he’s not satisfied with the division of revenues. Bloomberg News | February 13, 2023 | 6:43 am