Secretive world of diamonds is in the grips of a buying frenzy

It takes about three months to cut, polish and sell a diamond, so stones bought cheaply at the start of the year are now being sold for a big profit.

Bloomberg News | June 9, 2021 | 7:55 am

Palladium poised for rebound after being 2021’s worst metal

Palladium is set to get even more expensive

The metal used in catalytic converters hit an all-time high of more than $3,018 an ounce in May and is still more than $900 more expensive than gold.

Bloomberg News | June 9, 2021 | 7:49 am

Politics Set to Keep a Lid on Investments in No. 2 Copper Nation

Politics set to keep a lid on investments in Peru

There are signs that Peru’s likely next president will be less of an enemy to mining than first feared.

Bloomberg News | June 9, 2021 | 7:42 am

China's coal crunch is self-inflicted, costly and temporary

China considers price controls on surging coal market

China is considering imposing a cap on the price of thermal coal as it struggles to contain high energy costs ahead of peak demand over the summer.

Bloomberg News | June 8, 2021 | 10:05 pm

World Needs Congo Copper to Kick Fossil Fuels, Billionaire Says

World needs Congo copper to kick fossil fuels, Friedland says

“If we came from Mars and we were sent in our flying saucer to orbit the Earth to find copper, we would definitely go to Katanga in the southern part of the Democratic Republic of the Congo as the richest place on the planet for copper."

Bloomberg News | June 8, 2021 | 8:12 am

Russia weighs selling more diamond stocks to tap global demand

The government is preparing a decree to increase planned sales of diamonds from the state repository.

Bloomberg News | June 7, 2021 | 5:11 pm

Chile calls for debate on how to best tap the boom

In its current form, a royalty bill approved by the lower house last month would take company taxes well beyond the range of other major copper jurisdictions.

Bloomberg News | June 7, 2021 | 5:02 pm