Get ready for another bear-market rally, strategist Emanuel says

A crisis of confidence in the outlook for the UK’s finances was the latest trigger for risk aversion, helping drag the S&P 500 Index to an almost two-year low.

Bloomberg News | October 1, 2022 | 6:50 pm

Zambia plans mine-tax concessions while trimming budget deficit

Zambia plans to reduce its budget deficit next year, even as it makes further cuts to copper mining royalties.

Bloomberg News | September 30, 2022 | 10:57 am

Stellantis weighs new chip, materials strategy, Citroen CEO says

“We can secure lithium via a purchase contract, we can be a co-investor into a new mine development, we could buy material providers,” says Citroen chief Vincent Cobee.

Bloomberg News | September 30, 2022 | 10:11 am

Aluminum price extends gains after record spike on Russia supply fears

Aluminum climbed for a third day following a record 8.5% intraday gain.

Bloomberg News | September 30, 2022 | 8:53 am

Zimbabwe wants half of royalties paid in gems, precious metals

The Treasury was concerned that the country does not have reserves of the minerals.

Bloomberg News | September 30, 2022 | 8:48 am

Copper mining has a new champion in veteran Peruvian economist

In a presentation at Perumin, finance minister Kurt Burneo reiterated the policy priorities that have endeared him to the industry, such as maintaining tax rates, offering fiscal benefits and cutting red-tape in a bid to attract investments.

Bloomberg News | September 30, 2022 | 8:42 am

Ferrari owner says energy transition shakeup could create a new Tesla

John Elkann, the scion of Italy’s Agnelli clan, sees potential for a “new Tesla” to emerge from the current wave of energy transition.

Bloomberg News | September 29, 2022 | 1:30 pm

Coal miners consider bids for South African renewables firm

Exxaro and Thungela, South Africa’s two largest coal miners, are considering bids for Actis LLP’s BTE Renewables.

Bloomberg News | September 29, 2022 | 10:17 am

China to host almost a third of the world’s new coal mines

Based on data from Global Energy Monitor, China had 559 million tonnes of proposed new coal mines at the start of the year.

Bloomberg News | September 29, 2022 | 9:59 am

Digital gold firm plans metal leasing for India’s jewelers

World Gold Council-backed SafeGold wants jewelers to be able to borrow metal owned by some of its 14 million active users and sitting idle in vaults.

Bloomberg News | September 29, 2022 | 9:21 am

Gold price drops as US data signal more aggressive Fed tightening

Bullion earlier fell as much as 1.1% on renewed strength in the US dollar as recession concerns returned.

Bloomberg News | September 29, 2022 | 9:09 am

Top-gaining Asia stock with 1,650% jump is Indonesian miner

Shares of Adaro Minerals Indonesia have surged more than six times the second-best stock on the MSCI Asia Pacific Index.

Bloomberg News | September 29, 2022 | 8:42 am

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