Strike crimping South African mining exports set to worsen

Transnet, which operates the nation’s industrial ports and freight rail network and fuel pipelines, has declared force majeure on shipments because of the labor action.

Bloomberg News | October 10, 2022 | 8:44 am

RioZim buys Namibian diamond mine to expand in Africa

RioZim is also planning further investments in base and precious metals in Zimbabwe.

Bloomberg News | October 10, 2022 | 8:37 am

Australia polluters to wait years for overseas credits, AFR says

"This is a blow to major polluters in the mining and resources sectors," the Australian Financial Review said.

Bloomberg News | October 9, 2022 | 1:23 pm

Wall Street bankers told they can set own CO2 terms after spat

The Glasgow Financial Alliance for Net Zero has faced possible defections from heavyweight firms unhappy with the potential addition of binding restrictions on fossil finance.

Bloomberg News | October 8, 2022 | 4:05 pm

How a ban on Russia’s mining giants could shake the metals world

A possible ban on Russian supplies by the London Metal Exchange would be a seismic event for the metals industry.

Bloomberg News | October 8, 2022 | 3:41 pm

JPMorgan stuns bond traders with premium bids for troubled miner

Metalcorp’s bonds have been in the limelight this week after the company said Monday that it couldn’t repay €70 million debt.

Bloomberg News | October 7, 2022 | 1:12 pm

Tycoon faces key vote for plan to tap Vedanta cash reserves

The group’s rapid expansion including acquisitions of metal companies has left it with an $11.7 billion debt load as of March.

Bloomberg News | October 7, 2022 | 9:17 am

BHP’s plan to keep coal mine open for 93 years ‘delusional’

BHP is seeking approval from Australia’s government to extend the life of the Peak Downs mine.

Bloomberg News | October 6, 2022 | 8:21 pm

First US cobalt mining operation to begin after more than 30-year hiatus

Jervois Global is starting the first US cobalt mine in Idaho on Friday, according to chief executive Bryce Crocker.

Bloomberg News | October 6, 2022 | 2:04 pm

How to make emissions-free iron at temperatures colder than coffee

Producing iron at lukewarm temperatures and without coal would skip the most emissions-heavy step without relying on expensive technologies.

Bloomberg News | October 6, 2022 | 9:27 am

Gold price drops as mixed US data and OPEC+ cuts cloud Fed outlook

Gold slipped as fresh data continued to paint a mixed picture of the US economy.

Bloomberg News | October 6, 2022 | 9:15 am

Zinc and aluminum prices rise as LME bans new metal from Russian firm

Prices climbed after the London Metal Exchange said it will restrict new deliveries from Russia’s Ural Mining & Metallurgical Co.

Bloomberg News | October 6, 2022 | 8:23 am

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