Congo halts ERG’s copper project after waste leakage The suspension is the latest sign of strained relations between copper miners and the Congolese government. Bloomberg News | June 2, 2023 | 11:40 am
Copper output dips in Chile for potential boost to demand-hit market Production in Chile fell more than 5% in April from the prior month and output was down 1% from a year ago. Bloomberg News | June 1, 2023 | 2:03 pm
Pimco says gold is overvalued now, but has long-term appeal Greg Sharenow, who manages a portfolio focused on energy and commodities, calls gold a 25-year duration asset. Bloomberg News | June 1, 2023 | 1:50 pm
The world has a new no. 2 copper exporter Congo has been making huge strides thanks largely to the high-grade ore now being tapped by Ivanhoe Mines. Bloomberg News | June 1, 2023 | 11:39 am
Key railway serving South African iron ore exporters reopens The line is used to haul iron ore and manganese from Kumba Iron Ore Ltd.’s giant Sishen mine and other operations to the port of Saldanha. Bloomberg News | June 1, 2023 | 8:17 am
Newmont to invest $540 million in Cerro Negro mine in Argentina Last year, Cerro Negro generated more than $500 million in exports. Bloomberg News | June 1, 2023 | 8:12 am
Zijin urges Colombia to protect gold mine after attack One worker was shot Monday, and on Tuesday vehicles were incinerated, prompting an evacuation of the Buritica mine. Bloomberg News | May 31, 2023 | 10:19 am
Commodity crash signals disinflation is taking hold for now From copper to wheat to natural gas, the cost of some of the world’s most important products is crashing. Bloomberg News | May 31, 2023 | 8:30 am
US-China green energy rivalry ‘great for world,’ Forrest says Iron ore magnate Andrew Forrest says it is healthy to challenge China’s dominance of sectors like renewable energy, EVs and battery metal processing. Bloomberg News | May 31, 2023 | 8:27 am
Glencore said to prepare sweetened Teck bid as deadlock drags on The situation remains fluid, and Glencore’s plans could still change, Bloomberg sources said. Bloomberg News | May 30, 2023 | 3:49 pm
Peru seen losing title of no. 2 copper producer soon to Congo While Peru has 18 mining projects in its pipeline, only one of those may be developed in the short term. Bloomberg News | May 30, 2023 | 12:47 pm
Europe’s unwanted coal heads to China and India as heat builds Shipments of about 7 million tons of Colombian coal will be exported to Asian countries in the next quarter, instead of ports in Europe. Bloomberg News | May 30, 2023 | 7:54 am
