Rosatom inks deal with Russian builder at Turkish nuclear plant Turkey decided to build the 4,800-megawatt nuclear plant in Akkuyu to cut reliance on imported energy. Bloomberg News | July 30, 2022 | 12:05 pm
Codelco copper slump underscores global mine supply challenges The world’s biggest copper supplier saw production fall 9.3% last quarter from a year prior. Bloomberg News | July 29, 2022 | 10:31 am
Glencore flags cash tied up in record trading profits The world’s biggest commodity trader is expected to report record profits next week, driven by surging thermal coal prices and record trading returns. Bloomberg News | July 29, 2022 | 5:55 am
First global gold exchange in India seen burnishing hub role The India International Bullion Exchange is expected to attract dealers, refineries and foreign banks, its CEO said. Bloomberg News | July 28, 2022 | 4:57 pm
Vale earnings disappoint as miners grapple with stagflation Adjusted earnings before items came in at $5.25 billion in the second quarter, the Rio de Janeiro-based company reported Thursday. Bloomberg News | July 28, 2022 | 3:27 pm
US coal giants see surging sales as global prices reach records Peabody Energy, the biggest US coal producer, saw second-quarter sales jump 83% to $1.32 billion. Bloomberg News | July 28, 2022 | 1:48 pm
JPMorgan’s gold ‘boss’ led group plot to spoof prices, jury told Prosecutors are wrapping up the biggest criminal case by the US in its crackdown on market manipulation following the global financial crisis. Bloomberg News | July 28, 2022 | 1:43 pm
Copper producers step up campaign against Chile royalty proposal Anglo American Plc indicated it needs greater regulatory clarity before proceeding with major investments. Bloomberg News | July 28, 2022 | 1:36 pm
Anglo American’s new boss sounds warning on future copper supply The world is headed for a severe shortage of copper as new mines become increasingly difficult to build, said Duncan Wanblad. Bloomberg News | July 28, 2022 | 10:12 am
Zimbabwe to raise taxes on platinum, lithium to boost revenue The southern African country is the third largest producer of platinum, after South Africa and Russia. Bloomberg News | July 28, 2022 | 8:02 am
India wants to open up for lithium mining in batteries quest Government wants to modify existing policies to carry out auctions permits, placing the country in a better position to compete in the battery supply chain. Bloomberg News | July 28, 2022 | 7:45 am
Rio Tinto inks deal to unlock huge Simandou iron ore project The miner has formed a JV with the Guinea government and Winning Consortium Simandou to develop infrastructure, including a railway and port. Bloomberg News | July 28, 2022 | 3:03 am