China signals coal reliance to continue with three new mines China’s top planning agency approved three different billion-dollar coal mine projects on Monday. Bloomberg News | February 21, 2022 | 8:53 am
China plans state-backed platform to buy iron ore Beijing wants all purchases of the steelmaking material conducted through a single state-backed platform that’s under preparation, according to Bloomberg sources. Bloomberg News | February 21, 2022 | 8:47 am
Amplats sees ‘softening’ PGM prices after record payout Amplats said the rand price of its platinum group metals basket had increased by 22%, while sales volumes were up 82% for the year. Bloomberg News | February 21, 2022 | 8:39 am
Traders explore FX havens as rising rates dent case for bonds Gold has long been a go-to place of safety, but it’s far from a perfect hedge. Bloomberg News | February 20, 2022 | 3:42 pm
IGO wins auction for Glencore CSA Australia mine Glencore Plc’s CSA copper mine in western New South Wales is expected to be worth $718 million. Bloomberg News | February 20, 2022 | 11:13 am
Congo nears deal with Israeli billionaire to recover assets The DRC is in negotiations with Dan Gertler’s Fleurette Group, which controls mining and oil permits throughout the Central African country. Bloomberg News | February 20, 2022 | 10:55 am
Gold stocks poised to dethrone top-performing oil in US, Canada Citi increased its near-term price target on gold to $1,950 per ounce -- a $125/oz hike from its previous forecast. Bloomberg News | February 18, 2022 | 12:42 pm
Coal India warns it may need to cut output without a price hike While coal reserves at power plants have risen from a low in September, they are still only about a third of an April 2020 high. Bloomberg News | February 18, 2022 | 8:12 am
Belarusian potash force majeure adds to global fertilizer chaos The country accounts for about a fifth of global supply. Bloomberg News | February 18, 2022 | 8:01 am
Gold Fields’ bet on giant mine pays off after years of losses Its production for the year increased by 5% to 2.34 million ounce in 2021, placing the miner amongst the top eight global gold producers. Bloomberg News | February 16, 2022 | 9:43 pm
Biggest Australia coal plant to shut early as renewables surge Origin Energy could shutter the Eraring facility, in a coal-mining region north of Sydney, as soon as August 2025. Bloomberg News | February 16, 2022 | 6:37 pm
Albemarle slides most ever on forecast letdown amid lithium boom The world’s largest miner of the metal raised its 2022 outlook, but investors were left wanting more. Bloomberg News | February 16, 2022 | 5:14 pm
