Sibanye may wind down gold mines in South Africa’s fading sector

The company is among the few remaining South African gold producers squeezing profits from mines that are among the deepest in the world and are becoming more costly to run.

Bloomberg News | July 14, 2021 | 7:50 am

Zombie mines are coming back to life on soaring metals prices

A strong price environment had seen miners look at the economics of reopening mothballed operations, one consultancy says.

Bloomberg News | July 13, 2021 | 8:16 pm

ArcelorMittal to build first big zero-carbon steel plant

The company would build a unit that processes iron ore using green hydrogen at its plant in Gijon, Spain.

Bloomberg News | July 13, 2021 | 1:05 pm

EV battery maker SES agrees to go public via Ivanhoe SPAC

SES Holdings has agreed to go public by merging with Ivanhoe Capital in a deal that will value the combined company at about $3.6 billion.

Bloomberg News | July 12, 2021 | 9:01 pm

Billionaire Adani Adds More Detail on $70 Billion Green Push

Adani boosting coal assets despite vow to be carbon neutral

Gautam Adani is increasing his footprint in fossil fuels, new research shows.

Bloomberg News | July 12, 2021 | 9:05 am

Work set to start on Botswana coal mine in 2022 despite pressure

Botswana woos Chinese investors as lenders shun coal projects

The southern African nation, the world’s second-biggest diamond producer, has more than 200 billion tonnes of untapped coal reserves.

Bloomberg News | July 12, 2021 | 7:39 am

LME says EU sanctions on Russian metals baron do not apply to UMMC

Russia considers measures to tap mining profits once export tax ends

Country is considering longer-term measures to grab a bigger slice of mining companies’ profits once a temporary export tax finishes at the end of this year.

Bloomberg News | July 12, 2021 | 7:35 am

Carbon offset trading is taking off before any rules are set

The most ambitious attempt to set a high standard for carbon offsets is getting left behind as exchanges start trading contracts before the rules are finalized.

Bloomberg News | July 9, 2021 | 12:49 pm

Gupta agrees refinancing deal with Glencore on aluminum unit

Glencore will provide a loan to acquire most of the outstanding debt of the Dunkirk smelter and the Duffel factory.

Bloomberg News | July 9, 2021 | 9:59 am

Gold imports by India edge higher on easing virus curbs

Overseas shipments increased to 15 tonnes last month from 13.2 tonnes a year ago.

Bloomberg News | July 9, 2021 | 8:33 am

Glencore gets rich on coal, but questions persist over exit plan

Australia to appeal climate ruling that threatens fossil fuels

Environment Minister Sussan Ley has “formed the view there are grounds on which to appeal,” her office said Friday in a statement, without specifying details of the issues the government will contest.

Bloomberg News | July 9, 2021 | 3:35 am

Elon Musk’s China battery partner is now richer than Jack Ma

Zeng Yuqun, the founder of CATL, has overtaken Alibaba co-founder in the wealth rankings, a symbolic moment in the rise of China’s green billionaires.

Bloomberg News | July 8, 2021 | 9:57 pm

First

Last

Posts by Bloomberg News: