Triple Flag aims to raise $250 million from IPO Triple Flag was founded in 2016 by Shaun Usmar, a former chief financial officer of Barrick Gold. Bloomberg News | May 10, 2021 | 2:41 pm
Cars keep getting pricier and the commodity boom makes it worse Analysts at JPMorgan estimate the price of an auto’s raw materials have climbed 83% in the year through March. Bloomberg News | May 10, 2021 | 12:17 pm
China copper smelters to cut concentrate purchases in green push The 15 largest smelters have agreed to trim purchases by 1.26 million tonnes. Bloomberg News | May 10, 2021 | 9:26 am
Investors bet billions that the metals bull run isn’t stopping The word from Wall St. is “don’t stop buying now,” with Goldman Sachs Group and Bank of America among those advising investors to load up. Bloomberg News | May 9, 2021 | 10:06 am
Weaning US off Chinese rare earths involves supply chain perks The only US producer of rare earths says the Biden administration needs to focus on giving incentives to producers of the building blocks that will drive electrification. Bloomberg News | May 7, 2021 | 11:29 am
Chile’s 75% copper tax closer to becoming reality Chile’s lower house approves a progressive royalty on sales topping out at 75% at today's copper price. Bloomberg News | May 6, 2021 | 11:50 am
Barrick CEO blasts ‘hysterical’ fund managers chasing quick cash Investors are undermining the gold industry’s ability to grow by demanding a bigger share of profits from high bullion prices, Mark Bristow says. Bloomberg News | May 5, 2021 | 9:38 am
Sam Zell buys gold with inflation ‘reminiscent of the ‘70s’ The billionaire investor is seeing inflation everywhere, and has bought gold as a hedge. Bloomberg News | May 5, 2021 | 3:29 am
Chile to fuel green hydrogen boom with $300 million fund Green hydrogen is shaping up to be an alternative to fossil fuels in industrial operations and transportation. Bloomberg News | May 4, 2021 | 1:59 pm
Silver leads precious metals gains on dollar, factory data A gauge of factory activity fell in April from a more than 37-year high a month earlier. Bloomberg News | May 3, 2021 | 3:08 pm
Record metals prices catapult mining profits beyond big oil The mining windfall is the latest sign of a boom in iron ore, copper and other metals that’s sending an inflationary wave through the global economy. Bloomberg News | May 1, 2021 | 5:20 pm
Copper price surge toward a record high is hitting Chinese industry Some Chinese manufacturers of electric wire have idled units and delayed deliveries or even defaulted on bank loans. Bloomberg News | April 30, 2021 | 10:39 am