Sinkhole drags down Lundin shares as analysts weigh mine impact

Lundin said Monday it had halted development work near the site, but that the sinkhole didn’t affect the community, workers or its annual output guidance.

Bloomberg News | August 2, 2022 | 10:32 am

Caterpillar says China sales slow as demand dented across Asia

Shares of Caterpillar are down about 5.8% this year.

Bloomberg News | August 2, 2022 | 7:55 am

Glencore is cashing in on coal to dodge big mining’s slowdown

Analysts are forecasting record profits and returns when Glencore reports on Thursday.

Bloomberg News | August 2, 2022 | 7:34 am

Chile probes giant sinkhole at Lundin underground copper mine

The sinkhole occurred at Alcaparrosa, one of two underground mines that make up Ojos del Salado, which in turn is part of the Candelaria complex.

Bloomberg News | August 1, 2022 | 1:59 pm

Gold price rises to four-week high ahead of fresh US economic data

Bullion rose 2.2% last week and continued to climb on Monday as the risk of a recession cooled expectations for how sharply the Federal Reserve will raise rates to tame inflation.

Bloomberg News | August 1, 2022 | 1:34 pm

Tesla inks battery materials deals with two China suppliers

The announcements come as major automakers look to scoop up battery metals in the face of a looming shortage.

Bloomberg News | August 1, 2022 | 10:02 am

From profits to pay, JPMorgan’s gold secrets spill out in court

The trial of JPMorgan’s former head of precious metals has offered unprecedented insights into the trading desk that dominates the global gold market.

Bloomberg News | August 1, 2022 | 9:04 am

Rosatom inks deal with Russian builder at Turkish nuclear plant

Turkey decided to build the 4,800-megawatt nuclear plant in Akkuyu to cut reliance on imported energy.

Bloomberg News | July 30, 2022 | 12:05 pm

Codelco copper slump underscores global mine supply challenges

The world’s biggest copper supplier saw production fall 9.3% last quarter from a year prior.

Bloomberg News | July 29, 2022 | 10:31 am

Glencore flags cash tied up in record trading profits

The world’s biggest commodity trader is expected to report record profits next week, driven by surging thermal coal prices and record trading returns.

Bloomberg News | July 29, 2022 | 5:55 am

First global gold exchange in India seen burnishing hub role

The India International Bullion Exchange is expected to attract dealers, refineries and foreign banks, its CEO said.

Bloomberg News | July 28, 2022 | 4:57 pm

Vale earnings disappoint as miners grapple with stagflation

Adjusted earnings before items came in at $5.25 billion in the second quarter, the Rio de Janeiro-based company reported Thursday.

Bloomberg News | July 28, 2022 | 3:27 pm

• First
• 217
• 218
• 219
• 220
• 221
• 222
• 223
• Last