FBI hunt for Civil War gold detailed in unsealed affidavit

A tonne or more of gold mined in California and destined for the US Mint in Philadelphia when it disappeared in 1863 could be buried in cave located inside a 217,000-acre state forest, according to a special agent's findings.

Bloomberg News | June 28, 2021 | 9:38 am

Zimbabwe mining CEO to quit, putting economy reboot in doubt

David Brown intends to step down, jeopardising the future of the company the government hopes will spur an economic revival.

Bloomberg News | June 25, 2021 | 6:32 am

Caterpillar, steelmakers gain as Biden deal ups demand view

Heavy-equipment maker and steelmakers surged as US president’s bipartisan $579 billion infrastructure deal buoyed the outlook for demand.

Bloomberg News | June 25, 2021 | 6:15 am

Ganfeng says lithium could return to boom-time highs

Lithium prices surged from 2015 to mid-2018 as rising demand from electric automakers outpaced available supply.

Bloomberg News | June 24, 2021 | 2:42 pm

Asia’s richest man to plow $10 billion into green energy

Mukesh Ambani has unveiled an ambitious push into clean energy over three years.

Bloomberg News | June 24, 2021 | 10:57 am

Australia lines up Honeymoon uranium mine as nuclear momentum builds

The planned restart of a mothballed uranium mine in Australia -- the world’s third-largest producer -- is a fresh sign that developers are beginning to respond to an improving demand outlook.

Bloomberg News | June 24, 2021 | 10:18 am

Black market bullion is in the crosshairs of Bolivian lawmakers

Bolivian lawmakers are debating a bill that would allow the country’s central bank to boost its gold reserves via purchases from bullion produced in the country.

Bloomberg News | June 24, 2021 | 8:52 am

A mining startup’s rush for underwater metals comes with deep risks

While seabed mining remains technologically and commercially unproven, rising demand for metals crucial to decarbonization are already unleashing a gold rush to the bottom of the sea.

Bloomberg News | June 23, 2021 | 10:29 pm

Glencore’s Glasenberg says China can’t cool commodities for long

“I think that’s a short-term game because the underlying fundamentals will keep it at these levels,” the Glencore boss says.

Bloomberg News | June 23, 2021 | 6:08 pm

Bulking up battery sector may add billions to Australian economy

Adding more capacity to refine metals into specialist chemicals or materials and building expertise in manufacturing lithium-ion cells or battery packs, would enable the battery industry to contribute about A$7.4 billion to the nation’s economy by 2030.

Bloomberg News | June 23, 2021 | 1:12 pm

Horizons ETFs debuts lithium and hydrogen exchange-traded funds

“Clean energy is certainly becoming more and more front and center,” one portfolio manager says.

Bloomberg News | June 23, 2021 | 9:45 am

Polyus to boost gold output as global production slips

The company's Olimpiada mine in Siberia will increase ore processing capacity to 15 million tonnes in 2022 from 14.3 million tonnes this year.

Bloomberg News | June 23, 2021 | 7:56 am

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