Implats seals $500 million black investor deal This will result in black investors holding a 13% interest in the company and the Bafokeng business it acquired last year. Bloomberg News | May 20, 2024 | 9:21 am
Zimbabwe asks miners to ramp up gold output to support new currency Zimbabwe has been accumulating gold reserves at the central bank’s vaults to back the ZiG, short for Zimbabwe Gold. Bloomberg News | May 20, 2024 | 8:21 am
Copper price hits record above $11,000 on bets that shortage looms Several developments in 2024 have emboldened copper bulls and drawn in a rising tide of speculative money. Bloomberg News | May 20, 2024 | 8:09 am
BHP debates improved Anglo bid as time runs out in takeover saga BHP faces a critical question: what would it take to draw the smaller company to the negotiating table within the next few days? Bloomberg News | May 18, 2024 | 2:03 pm
Spot silver tops $30 an ounce to hit highest since 2013 Silver rally has become more forceful and fast than gold’s gains amid robust financial and industrial demand. Bloomberg News | May 17, 2024 | 1:38 pm
Copper, gold prices close in on records as metals mayhem continues Copper vaulted toward a record in London and nickel spiked nearly 8%, capping a week of big moves in industrial and precious metals markets as bullish investors pile in and bearish bets unravel. Bloomberg News | May 17, 2024 | 9:52 am
Share sales rebound in Toronto as copper, gold surge Canada’s largest exchange is seeing a rebound thanks to mining firms raising capital. Bloomberg News | May 17, 2024 | 7:55 am
Nickel price jumps as unrest cuts output in No. 3 miner New Caledonia Nickel jumped the most in a month as unrest in New Caledonia raised concerns about further disruption to supplies from the French territory. Bloomberg News | May 17, 2024 | 7:43 am
Anglo American’s battle with BHP worries a corner of England Anglo will scale back investment in the Yorkshire mine, which employs about 2,000 people from one of the UK’s highest unemployment rate areas. Bloomberg News | May 17, 2024 | 4:25 am
Hot commodity silver sets pace as demand and deficit drive rally Silver has soared by almost a quarter in 2024, outpacing gold and making it one of the year’s best-performing major commodities. Bloomberg News | May 16, 2024 | 5:18 pm
Biden open to easing sanctions on billionaire Gertler in return for Congo exit The Treasury Department is willing to grant limited sanctions in return for Gertler relinquishing his royalty streams on three strategic projects. Bloomberg News | May 16, 2024 | 3:24 pm
US to offer up to $3.4 billion for nuclear fuel makers in June In addition to Centrus, companies that could benefit from the spending include ConverDyn. Bloomberg News | May 16, 2024 | 1:39 pm