Tanzania to add gold to reserves, resume $3 billion iron project The government wants to raise the contribution of mining to Tanzania’s gross domestic product to 10% by 2025 from the current 6.7%. Bloomberg News | June 14, 2021 | 9:46 am
China racing to build coal storage capacity as prices soar The coal sector must improve mechanisms to store supply and speed up construction of reserve capacity, an official says. Bloomberg News | June 11, 2021 | 10:59 am
Canada to reject any future thermal coal mining projects Trudeau has pledged that Canada will reduce its emissions by 40% to 45% below 2005 levels by 2030. Bloomberg News | June 11, 2021 | 10:31 am
BHP dodges copper strike in Chile with eleventh-hour wage deal The deal will ease concerns over a potential stoppage that would have further tightened global supplies of the metal. Bloomberg News | June 11, 2021 | 8:45 am
Anglo’s coal retreat may boost South African fossil fuel output Expansion at Thungela’s could mean the spinoff generates more greenhouse gases than had the mines been gradually run down by Anglo. Bloomberg News | June 10, 2021 | 10:51 pm
Waterton seeks up to $1 billion for Dumont nickel mine The auction is expected to draw interest from other miners, automakers, battery makers and financial players. Bloomberg News | June 10, 2021 | 10:43 pm
Albemarle to boost extraction in search for green growth The US company is introducing a way of extracting more of the lithium that’s normally captured in salts, thereby lifting yields to 80-85% from 50-55%. Bloomberg News | June 10, 2021 | 10:40 am
Copper riches are in cross-hairs of Chile presidential hopeful Daniel Jadue, the current front-runner in polls for November’s elections in Chile, wants to align mining rules with Peru, Argentina and Bolivia so they don’t compete for investments. Bloomberg News | June 10, 2021 | 9:24 am
Sky-high coal prices won’t spur new mines in a greener world Companies remain hesitant to invest in new projects with financing difficult to come by and question marks over long-term demand. Bloomberg News | June 9, 2021 | 10:22 pm
Secretive world of diamonds is in the grips of a buying frenzy It takes about three months to cut, polish and sell a diamond, so stones bought cheaply at the start of the year are now being sold for a big profit. Bloomberg News | June 9, 2021 | 7:55 am
Palladium is set to get even more expensive The metal used in catalytic converters hit an all-time high of more than $3,018 an ounce in May and is still more than $900 more expensive than gold. Bloomberg News | June 9, 2021 | 7:49 am
Politics set to keep a lid on investments in Peru There are signs that Peru’s likely next president will be less of an enemy to mining than first feared. Bloomberg News | June 9, 2021 | 7:42 am