South Africa mines plan $2.7 billion investment in power generation Mining companies have been pushing to develop their own power plants because of persistent power cuts imposed by state power utility Eskom. Bloomberg News | September 23, 2021 | 9:31 am
South African mines have vaccinated about 45% of their workforce South Africa’s mining industry contributes about 8% to the national gross domestic product. Bloomberg News | September 23, 2021 | 8:13 am
Automakers look to hedge against China’s rare earth dominance European automakers are in discussions with Arafura Resources about sourcing elements outside China. Bloomberg News | September 22, 2021 | 6:27 pm
Mining magnate parrying BHP bid expands stake in nickel miner Wyloo Metals said it notified Noront Resources to swap its $15 million convertible loan for common shares of Noront. Bloomberg News | September 22, 2021 | 2:29 pm
Uranium price rally is a high-stakes bet on future of nuclear power Prices have surged about 40% just in September, outpacing all other major commodities. Bloomberg News | September 22, 2021 | 9:41 am
Alcoa to restart aluminum plant in Brazil Alumar, fully curtailed since 2015, is set to produce its first molten metal in the second quarter of next year. Bloomberg News | September 21, 2021 | 9:47 am
Ganfeng weighs dropping pursuit of Millennial Lithium Millennial’s assets have also attracted interest from China Molybdenum, which could consider joining CATL in a bid. Bloomberg News | September 21, 2021 | 9:40 am
Iron ore price woes endure as Chinese steel demand faces ‘last hurrah’ Iron ore’s rollercoaster ride this year is set to end with a whimper as the contraction in China’s steel industry heralds further declines. Bloomberg News | September 21, 2021 | 7:43 am
Gold price edges higher as havens rally on growing Evergrande fears Gold has lost 8% this year as central banks plot a course toward cutting the unprecedented monetary stimulus. Bloomberg News | September 20, 2021 | 1:30 pm
South African coal miner Exxaro plans move into green metals Company is turning its attention to minerals such as copper and manganese. Bloomberg News | September 20, 2021 | 11:26 am
Poland faces 500,000 euro daily fine for ignoring coal mine ban Poland and the Czech Republic have been locked in talks for months to resolve the row over the Turow mine. Bloomberg News | September 20, 2021 | 11:20 am
US coal miners could be next in line for industry bailouts Abandoned mines pose both a physical danger as well as a climate threat in the US. Bloomberg News | September 20, 2021 | 7:58 am