Jewelers sell $1 gold online as Indians warm up to internet buys The jewelers have launched the offers just as the festive season begins in India, when gold demand peaks. Bloomberg News | September 29, 2021 | 9:06 am
‘Very tight’ copper belies market turmoil, industry leader says Prices for the bellwether commodity this year will average more than $4 a pound, said Diego Hernandez, head of Chilean mining society Sonami. Bloomberg News | September 29, 2021 | 8:57 am
South Africa’s rival unions unite in dispute over gold miner pay Collectively, they are asking for a monthly pay increase of 1,500 rand ($100) for workers in Sibanye’s gold mines. Bloomberg News | September 29, 2021 | 8:49 am
China power crisis to kick off global race for coal imports Asia’s largest economy could also look farther afield to coal exporters like South Africa, Colombia, the US and Canada. Bloomberg News | September 28, 2021 | 3:20 pm
Energy crisis old economy’s revenge, says Goldman’s Currie Investment in gas in particular needs to be increased to fend off more volatility during the energy transition, he says. Bloomberg News | September 28, 2021 | 9:46 am
Coal resurgence in Colombia is coming at just the right time Latin America’s top supplier expects output to jump 40% to 50% this year, after an extended strike disrupted production in 2020. Bloomberg News | September 28, 2021 | 9:40 am
Congo reviews $6.2bn China mining deal as criticism grows The contract, signed in 2008, promised a $3.2 billion investment by China in a copper/cobalt mine and another $3 billion worth of infrastructure projects. Bloomberg News | September 28, 2021 | 8:09 am
Vale halts production after 39 workers trapped in Totten mine in Canada Vale said no one is injured and expects everyone to be rescued by Monday night. Bloomberg News | September 27, 2021 | 12:32 pm
Coal prices are booming but US miners struggle to boost output A labor shortage and reluctance to open new mines has left US coal companies struggling to keep up with surging global demand. Bloomberg News | September 27, 2021 | 11:14 am
Coal shortage deepens in India amid plunging plant inventories Stockpiles have fallen to the lowest since November 2017, data from the Central Electricity Authority showed. Bloomberg News | September 27, 2021 | 11:09 am
South Africa miners back gradual move away from coal-fired power About 60% of the country’s $302 billion economy is reliant on energy produced from coal. Bloomberg News | September 27, 2021 | 7:54 am
Power crisis spreads as large Dutch zinc factory cuts production Nyrstar is curtailing production at a major zinc smelter in the Netherlands during peak times. Bloomberg News | September 24, 2021 | 10:06 am