Mexico says lithium is too strategic for private investors

Mexico currently has no commercial lithium production, but according to some estimates contains potentially lucrative deposits trapped in clay-based soils.

Bloomberg News | February 2, 2022 | 11:52 am

Looks like there’s a whale snapping up gold bullion below $1,800

Whoever is buying is able to buy in scale, leave little footprint in the market and then take delivery and store the metal in secure, invisible vaults.

Bloomberg News | February 2, 2022 | 9:50 am

Volatility rages in uranium stocks as clean tech takes a beating

As uranium becomes increasingly associated with clean energy, funds have flocked to miners like Cameco.

Bloomberg News | February 2, 2022 | 8:29 am

Japan sparks feud with South Korea over 400-year-old gold mine

Japan’s cabinet decided Tuesday the government would seek a Unesco World Heritage List designation for the mine on the island of Sado.

Bloomberg News | February 1, 2022 | 10:22 am

Vale closed its eyes to corruption allegations, says Steinmetz

Billionaire claims the Brazilian mining giant was well aware of allegations that the Guinean mining rights it agreed to buy had been secured illegally.

Bloomberg News | February 1, 2022 | 8:36 am

Chile vote marks first step in long path to seizing mines

A proposal that opens the door to nationalizing some of the biggest copper and lithium mines in the world was approved in first instance.

Bloomberg News | February 1, 2022 | 8:28 am

The squeeze in the nickel market is getting worse

While the squeeze last month was focused on near-dated contracts, in recent days it has spread through the curve.

Bloomberg News | February 1, 2022 | 8:20 am

Gold dealmaking set to take off along with prices, Gold Royalty’s Garofalo says

“This is just the beginning of the M&A cycle.”

Bloomberg News | January 31, 2022 | 3:10 pm

It’s not all one-way traffic for China’s EV makers

Persistent hikes in raw material costs have been weighing on automakers for a while now.

Bloomberg News | January 31, 2022 | 7:56 am

Dearth of explosive experts to drivers hurt top Australia miners

Fortescue reported a 20% rise in costs over the past 12 months, driven in part by increased labor overheads.

Bloomberg News | January 31, 2022 | 7:44 am

Gold imports by India hit decade high as jewelry demand doubles

Demand revived after two bleak years as Indians once again flocked to jewelry stores in 2021 as fears of the pandemic eased.

Bloomberg News | January 28, 2022 | 9:49 am

Caterpillar earnings top estimates as price gains offset supply costs

Caterpillar expects “very strong” overall demand to continue through 2022, even as it sees China construction orders slowing, Chief Financial Officer Andrew Bonfield said.

Bloomberg News | January 28, 2022 | 6:00 am

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