Goldman analyst calls out ‘deeply disappointing’ energy bets

The ESG industry has focused “too heavily” on blacklisting all fossil fuels, exacerbating an energy crisis that can’t be addressed without embracing natural gas, researcher says.

Bloomberg News | August 9, 2022 | 11:57 am

Australia’s coal shipments face a ‘deadline,’ Greens leader says

Three of Australia’s biggest export markets for thermal coal -- Japan, South Korea, and Taiwan -- had all pledged to reach net zero carbon emissions by 2050 or 2060.

Bloomberg News | August 9, 2022 | 6:55 am

Worst-performing precious metal silver may have seen bottom

Prices could turn higher from later this year as the electronics and photovoltaics sectors support industrial consumption, HSBC Securities' chief precious metals analyst said.

Bloomberg News | August 8, 2022 | 5:20 pm

Barrick expects deal opportunities in copper, but won’t pay premiums

After strengthening its balance sheet, Barrick said it is “always looking at opportunities” but won’t be paying above-market prices.

Bloomberg News | August 8, 2022 | 2:29 pm

Barrick Gold boss tells miners to brace for more inflation

Barrick said costs would trend toward the high end, or even slightly exceed, its guidance range.

Bloomberg News | August 8, 2022 | 10:36 am

Tesla leads green stocks rally as US Senate passes climate bill

The climate bill extends a popular $7,500 per vehicle consumer tax credit for the purchase of electric vehicles.

Bloomberg News | August 8, 2022 | 7:24 am

China coal mine collapse death toll rises to five workers

The incident occurred Friday at a Fenghuangtai Coal Industry Co. mine in Qinyuan county.

Bloomberg News | August 8, 2022 | 7:15 am

The EV race is turning a gold rush haven into a battery hub

The most in-demand mining leaders are no longer those who’ve unearthed vast troves of glittering gold.

Bloomberg News | August 8, 2022 | 6:58 am

Nuclear plant disaster in Ukraine is ‘real risk,’ IAEA says

Russian shells landed near spent nuclear fuel stored at Zaporizhzhia, Europe's largest nuclear power plant.

Bloomberg News | August 7, 2022 | 10:11 am

World Series of Poker player charged with spoofing gold market

Nevada metals trader with a side gig on the world poker circuit was charged Friday with manipulating gold and silver markets.

Bloomberg News | August 5, 2022 | 2:47 pm

Gold price drops after US jobs data keeps Fed on hawkish track

Gold dropped after US labor market data showed employers added more jobs in July than forecasted.

Bloomberg News | August 5, 2022 | 10:55 am

Europe’s top copper producer looks to cut gas usage in Germany

The Hamburg-based company is looking to switch to alternatives like fuel oil, but is bracing for a potential restriction in gas supply.

Bloomberg News | August 5, 2022 | 9:13 am

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