MINING.COM

Key-man risk is back as China probe puts $7 billion wealth at risk

A police probe into the billionaire siblings behind a fast-growing Chinese battery company has put a fresh spotlight on governance risks in the country.

Bloomberg News | November 23, 2022 | 7:53 am

China coal imports from Australia climb for second month

China’s record coal output to weigh on prices amid weak demand

China’s coal production is set to climb for the sixth year in a row, reaching a new record.

Bloomberg News | November 23, 2022 | 7:46 am

A $1.5 Billion Hoard of Copper and Cobalt Is Piling Up in Congo

Chinese mining deals under review as Congo targets windfall profits

The Democratic Republic of Congo wants a mining deal it signed with China more than a decade ago to be reworked.

Bloomberg News | November 23, 2022 | 7:43 am

Ontario injects funds into Frontier Lithium’s processing pilot

Chill on China investment creates ‘gap’ for Canada miners, lithium CEO says

The government’s move to limit investment from state-owned entities into Canada’s critical minerals resources is causing stress in the mining industry, says Frontier Lithium CEO Trevor Walker.

Bloomberg News | November 22, 2022 | 1:04 pm

Bill Gates secures $1bn from US firms for climate fight

Bill Gates-led fund backs Robert Friedland’s pulse technology to reduce carbon emissions at mines

A European fund tied to Gates’ Breakthrough Energy Ventures invested $12 million in the I-ROX pulsed-power venture with Robert Friedland’s I-Pulse Inc.

Bloomberg News | November 21, 2022 | 10:34 am

EV battery heavyweights revive city’s dream of factory glory

Becancour is drawing corporate giants to the French-speaking Canadian province with its ambitions to make this industrial outpost, halfway between Montreal and Quebec City, a key gear for an EV battery supply chain to serve the continent.

Bloomberg News | November 21, 2022 | 9:37 am

The good, the bad, the ugly: miners' ability to stay afloat in the current context

Goldman Sachs strategists say bear market will last in 2023

The bank strategists estimate the S&P 500 will end 2023 at 4,000 index points -- just 0.9% higher than Friday’s close.

Bloomberg News | November 21, 2022 | 8:41 am

US, Philippines to negotiate nuclear power tech-sharing pact

The US and the Philippines will open talks on a deal for the Asian nation to build nuclear power plants with American technology.

Bloomberg News | November 20, 2022 | 4:10 pm

Toyota-Panasonic’s battery venture looking for new coastal site

Prime Planet Energy & Solutions is searching for a new domestic manufacturing site with seaport and clean energy access.

Bloomberg News | November 20, 2022 | 4:01 pm

Egypt to start building $11 billion wind farm from 2024

The construction of one of the world’s largest wind farms in Egypt is set to start in 2024 and could provide electricity to Europe and Saudi Arabia.

Bloomberg News | November 20, 2022 | 1:13 pm

Australia learns there’s no replacement for the Chinese consumer

Coal is the only sector not necessarily affected by Australia's 30-month trade rift with China.

Bloomberg News | November 20, 2022 | 1:04 pm

Russia’s mining giants rush to sell metal after LME green light

The decision not to ban Russian metal from LME warehouses has triggered a rush to conclude contracts with the country’s two big producers.

Bloomberg News | November 18, 2022 | 10:03 am

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