Zimbabwe to tackle gold smuggling by boosting mine surveillance The country loses $1.5 billion of gold a year to smugglers. Bloomberg News | September 16, 2024 | 7:07 am
China’s grip on rare earths undercuts projects from US to Japan A slump in prices since 2022 is undermining the business case for rare earth projects. Bloomberg News | September 16, 2024 | 7:05 am
Nickel flowing to Europe shows Indonesia’s grip on global supply That’s a headache for European stainless-steel producers trying to source the metal without sacrificing their green credentials. Bloomberg News | September 13, 2024 | 9:41 am
Retail crowd scoops up CME’s micro gold contract as precious metal soars Investors have been flocking to gold amid growing expectations the Federal Reserve will embark on a rate-cutting cycle soon. Bloomberg News | September 13, 2024 | 9:37 am
Zambian copper mines desperate for power find an unlikely savior Zambia has almost run out of water for generation at Kariba, the world’s biggest man-made reservoir. Bloomberg News | September 13, 2024 | 9:27 am
Indonesia’s Adaro plans $2.5 billion coal sale in green turn The company, which is one of country’s biggest coal miners, aims to offload its 99.9% stake. Bloomberg News | September 12, 2024 | 5:18 pm
Vitol hires Glencore, Trafigura iron ore traders in metals push The oil trader has been in talks to hire some of Glencore’s iron ore team, and some members have already quit and will be joining Vitol. Bloomberg News | September 12, 2024 | 10:46 am
Lithium world asks if surprise mine shutdown can arrest slump Lithium spot prices have tumbled almost 90% since late 2022. Bloomberg News | September 12, 2024 | 8:01 am
Sibanye to slash output to turn around US palladium mines The miner recognized a $407 million impairment on the US operations due to a lower palladium price forecast. Bloomberg News | September 12, 2024 | 6:41 am
China nickel tycoon seeks growth in US energy storage market REPT BATTERO Energy, a unit of Tsingshan Holding Group, this week opened an office in California, marking its first US outpost. Bloomberg News | September 11, 2024 | 4:38 pm
Lundin CEO says potential buyers are eyeing its European mines Lundin’s two copper and zinc mining operations in Europe — Sweden’s Zinkgruvan and Portugal’s Neves-Corvo — went on sale earlier this year. Bloomberg News | September 11, 2024 | 1:00 pm
Zimbabwe’s biggest miners seek $182 million for solar projects Zimbabwe faces an energy shortfall that often triggers the state-owned power company to implement rolling blackouts. Bloomberg News | September 11, 2024 | 11:13 am
