China’s top bauxite supplier set to boost output as rail starts Guinea, which has the world’s largest proven reserves of bauxite, is poised to expand production. Bloomberg News | June 17, 2021 | 9:00 am
CEO vacuum at AngloGold turns it into world’s worst mining stock Shares of the world’s third-largest gold producer have dropped 30% in the past year. Bloomberg News | June 17, 2021 | 7:58 am
Chilean senators pause to ponder tax impacts The senate’s mining and energy committee will hold weekly hearings on the proposed royalty through mid July. Bloomberg News | June 16, 2021 | 1:53 pm
Companies with $2.1 trillion of debt face natural capital risks Moody’s says companies in 12 sectors, including mining, oil and gas, and shipping, have “high” or “very high” exposure to natural capital risks. Bloomberg News | June 16, 2021 | 9:41 am
Large methane leak detected over South Africa coal mining region The cloud was spotted about 125 kilometers east of Johannesburg in an area where Sasol Ltd. has several coal mines. Bloomberg News | June 16, 2021 | 7:47 am
Canada, EU in raw materials pact to cut China reliance “We as Europeans want to diversify our imports away from producers like China because we want more sustainability, less environmental damage and we want transparency on raw materials.” Bloomberg News | June 15, 2021 | 4:39 pm
Early Tesla investor backs firm that tracks metals supply chain The startup uses artificial intelligence, blockchain and other technologies in its software platform. Bloomberg News | June 15, 2021 | 2:11 pm
Cobalt ‘bubble’ will burst, Ivanhoe executive in Congo says The head of the chamber of mines in the DRC suggests investors focus instead on Congo’s copper. Bloomberg News | June 15, 2021 | 11:19 am
Forrest sets sights on reviving Congo’s hydro vision Fortescue says it has held talks with the Democratic Republic of Congo for exclusive rights to develop the Grand Inga suite of projects. Bloomberg News | June 15, 2021 | 9:41 am
LME CEO hopes ring-dealers will adapt to hybrid pricing system The head of the London Metal Exchange is hopeful brokers will be able to adapt to a new part-electronic pricing system. Bloomberg News | June 14, 2021 | 10:34 pm
Vale mulls remote-controlled trains to work around risky dam in Brazil It would take around 60 days for Vale to implement the solution, according to a person familiar with the plan. Bloomberg News | June 14, 2021 | 11:07 am
Centerra CEO weighs ‘divorce’ with Kyrgyzstan on seized mine A split would be just one way for Centerra to resolve issues with Kyrgyzstan’s government, which also owns 26% of the company. Bloomberg News | June 14, 2021 | 11:02 am