Trafigura strikes $400 million cash-for-iron ore deal With MinRes For Trafigura, the deal represents the latest step in a push into iron ore trading. Bloomberg News | September 4, 2024 | 9:29 am
Codelco bids $500 million for stake in key Chile copper mine The proposal to acquire a 10% stake in the Quebrada Blanca mine from fellow state firm Enami is reportedly before the latter’s board. Bloomberg News | September 3, 2024 | 4:15 pm
Poland seeks to rethink, not quash coal spin-offs, minister says The current government’s plans regarding the ownership of coal mines and polluting power plants aren’t clear. Bloomberg News | September 3, 2024 | 2:49 pm
US-backed Angola rail plan secures $200 million from key bank The Development Bank of Southern Africa has approved as much as $200 million for the Lobito corridor rail project. Bloomberg News | September 3, 2024 | 10:56 am
Founder of Indonesian gold miner J Resources said to consider sale Shares of J Resources have climbed about 160% this year. Bloomberg News | September 3, 2024 | 8:33 am
Argentina ships gold bars abroad to be financially certified Once certified, the gold could eventually be used as collateral to obtain financing. Bloomberg News | September 3, 2024 | 8:23 am
Goldman cuts copper price forecast by $5,000 as bullish bet closed The bank has been one of the biggest cheerleaders of the industrial metal. Bloomberg News | September 3, 2024 | 7:24 am
Xi wants bigger returns, fewer headaches from African debt deals From Angola to Djibouti, for over a decade, China poured more than $120 billion of government-backed loans through its Belt and Road Initiative. Bloomberg News | September 3, 2024 | 7:15 am
Turkey seeks Chinese partnership on rare earth elements for EVs The country wants to attract Chinese electric vehicle and battery manufacturers. Bloomberg News | September 3, 2024 | 6:59 am
Tianqi Lithium swings to loss on battery metal’s price plunge The Chinese lithium miner posted a net loss of 5.21 billion yuan for the first six months, from a profit of 6.45 billion yuan a year earlier. Bloomberg News | September 2, 2024 | 12:05 pm
Harmony Gold says profit soared 78% on higher output and prices Harmony said separately last week that production exceeded guidance last year, growing by 6%. Bloomberg News | September 2, 2024 | 10:25 am
Vedanta to pay $932 million in dividend to help parent cut debt Vedanta Resources has reduced its dues by $4.5 billion in the last two years. Bloomberg News | September 2, 2024 | 9:17 am
