From miners to big oil, the great commodity cash machine is back

The Bloomberg Commodity Spot Index, a basket of nearly two dozen raw materials, surged to a 10-year high last week and is rapidly closing in on the record set in 2011.

Bloomberg News | August 2, 2021 | 2:32 pm

Copper boom has a top zinc miner scouring for red metal assets

Brazilian conglomerate Votorantim is on the prowl for copper assets.

Bloomberg News | August 2, 2021 | 12:09 pm

Gold price can still top $3,000 amid recovery, fund says

Quadriga Igneo fund manager is sticking to his view that gold could rise to $3,000 to $5,000 an ounce in the next three to five years.

Bloomberg News | August 2, 2021 | 10:39 am

Global copper supply at risk as workers vote to strike

The market may be left without production from a project that last year churned out 1.2 million tonnes.

Bloomberg News | August 2, 2021 | 8:42 am

Fire erupts at Tesla Big Battery in Australia during testing

The site, near Geelong in Victoria, had been disconnected from the grid and there will be no impact to electricity supply.

Bloomberg News | August 1, 2021 | 9:29 pm

Thor Explorations hits Nigeria’s first commercial gold output

Africa’s largest oil producer has sizeable untapped deposits of metals including gold, zinc, lead and iron ore.

Bloomberg News | August 1, 2021 | 8:36 pm

Sudan official gold output near doubles as smuggling curbed

The North African nation recorded production of 30.3 tons between January and the end of June, compared with 15.6 tons in the same period the year before.

Bloomberg News | August 1, 2021 | 1:07 pm

Here’s who wins and who loses from the surge in commodity prices

Commodities as a whole have risen more than 20% this year, and around 50% in the case of crude oil.

Bloomberg News | July 30, 2021 | 3:04 pm

Codelco lifts output to ease tight market

The state-owned producer is navigating covid-19 restrictions in Chile better than some of its private-sector rivals this year.

Bloomberg News | July 30, 2021 | 9:12 am

Caterpillar says costs erode margins even after price hikes

The world’s biggest producer of mining and construction machinery reported second-quarter earnings that topped analysts’ estimates.

Bloomberg News | July 30, 2021 | 8:08 am

Ancient sites, sacred snake raise risks for Australian resources

Sacred sites, endangered sawfish and mythical rainbow serpents are the latest challenges confronting commodities powerhouse Australia.

Bloomberg News | July 29, 2021 | 3:16 pm

Water crisis threatens iron transport on key Brazil river

The Parana River Basin in central Brazil is experiencing its worst water crisis in 91 years.

Bloomberg News | July 29, 2021 | 11:39 am

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