China copper smelters raise Q4 treatment charge floor ahead of miner talks

Metals rout deepens as China lockdowns add to growth fears

A wave of risk aversion hit markets on Thursday, dragging copper down to near a one-month low.

Bloomberg News | September 1, 2022 | 1:15 pm

Copper rebounds on weaker dollar, China demand hopes

Gold price falls to six-week low as dollar rallies on sour sentiment

European stocks and US futures declined on Thursday, coming under pressure from the increasingly tight outlook for monetary policy and a lockdown in China.

Bloomberg News | September 1, 2022 | 12:53 pm

China copper giant wins banks’ backing amid liquidity woes

Lenders have agreed to provide credit support to Maike, including extensions on existing loans, the company said in a statement.

Bloomberg News | September 1, 2022 | 8:33 am

McEwen lands Rio Tinto venture for Argentina-focused copper unit

Rio’s copper leaching technology venture, Nuton, snapped up most of the McEwen Copper shares in the final tranche of a private placement.

Bloomberg News | September 1, 2022 | 8:21 am

The next big battery material squeeze is old batteries

It could take 15 years or more for old batteries to eventually arrive at recycling plants.

Bloomberg News | September 1, 2022 | 8:12 am

Column: Surging copper demand will complicate the clean energy boom

Copper demand will increase by more than 50% between now and 2040, according to BloombergNEF.

Bloomberg News | September 1, 2022 | 7:55 am

Indika turns to gold, electric bikes in shift away from coal

Indika has spent $300 million to expand non-coal businesses.

Bloomberg News | September 1, 2022 | 7:43 am

Europe crisis shows coal’s value, South Africa minister says

South Africa’s exports of coal from the Richards Bay Coal Terminal to Europe surged more than eight-fold in the first half of this year.

Bloomberg News | September 1, 2022 | 7:32 am

Uganda to set up state mining firm, take equity in licences

Uganda scraps gold export levy that prompted slump in sales

Uganda introduced the levy -- as well as a 10% tax on unprocessed gold -- on July 1 last year to boost revenue from the metal.

Bloomberg News | September 1, 2022 | 7:23 am

Gold price set for worst year since 2015

Gold price heads for fifth monthly drop as Fed stays hawkish

It's the longest losing run in four years.

Bloomberg News | August 31, 2022 | 3:28 pm

Mining tycoon’s conviction may have cost him billionaire status

Beny Steinmetz was found guilty of bribing public officials in Guinea to secure the concession for the vast mountain of ore worth billions of dollars.

Bloomberg News | August 31, 2022 | 7:43 am

Bacanora Lithium accepts Ganfeng’s $391 million-takeover offer

China’s lithium giants notch earnings records on supply crunch

Lithium prices have jumped almost 80% in China this year, with the recent power crunch in Sichuan, home to over one-fifth of the country’s lithium production, adding impetus to the rally.

Bloomberg News | August 31, 2022 | 3:26 am

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