US coal giants see surging sales as global prices reach records Peabody Energy, the biggest US coal producer, saw second-quarter sales jump 83% to $1.32 billion. Bloomberg News | July 28, 2022 | 1:48 pm
JPMorgan’s gold ‘boss’ led group plot to spoof prices, jury told Prosecutors are wrapping up the biggest criminal case by the US in its crackdown on market manipulation following the global financial crisis. Bloomberg News | July 28, 2022 | 1:43 pm
Copper producers step up campaign against Chile royalty proposal Anglo American Plc indicated it needs greater regulatory clarity before proceeding with major investments. Bloomberg News | July 28, 2022 | 1:36 pm
Anglo American’s new boss sounds warning on future copper supply The world is headed for a severe shortage of copper as new mines become increasingly difficult to build, said Duncan Wanblad. Bloomberg News | July 28, 2022 | 10:12 am
Zimbabwe to raise taxes on platinum, lithium to boost revenue The southern African country is the third largest producer of platinum, after South Africa and Russia. Bloomberg News | July 28, 2022 | 8:02 am
India wants to open up for lithium mining in batteries quest Government wants to modify existing policies to carry out auctions permits, placing the country in a better position to compete in the battery supply chain. Bloomberg News | July 28, 2022 | 7:45 am
Rio Tinto inks deal to unlock huge Simandou iron ore project The miner has formed a JV with the Guinea government and Winning Consortium Simandou to develop infrastructure, including a railway and port. Bloomberg News | July 28, 2022 | 3:03 am
Eskom seeks partners for $71 billion energy transition plan The state-owned power utility is saddled with 396 billion rand of debt. Bloomberg News | July 27, 2022 | 11:26 am
Tussle over new UK mine embodies fight over coal-related emissions Campaigners and policymakers for years have opposed the proposal to build the mine in the Cumbrian region of northwest England. Bloomberg News | July 27, 2022 | 10:05 am
Rio Tinto says Simandou deal close after wrangles over railway Rio Tinto said it’s close to a breakthrough in a landmark deal to unlock the world’s biggest untapped iron ore mine. Bloomberg News | July 27, 2022 | 9:51 am
Gold trading kicks off on Nigerian exchange ahead of launch For the first time the metal will be offered on a bourse in the West African nation. Bloomberg News | July 27, 2022 | 8:34 am
Elon Musk crafts new master plan before Tesla pulls off the old one Before readers of Musk’s next plan get their hopes up about all he intends to achieve, this track record suggests cautious optimism is warranted. Bloomberg News | July 27, 2022 | 8:30 am
