$70 oil, $200 iron, $10,000 copper: Commodities smash milestones

From copper to iron ore and oil, prices have rallied broadly in 2021, as the global economy emerges from the depths of the coronavirus pandemic and fires up demand.

Bloomberg News | May 19, 2021 | 6:36 am

Singapore Exchange eyes battery metals contracts to tap EV boom

The Singapore Exchange is eyeing introducing contracts for battery metals amid a surge in demand for raw materials for EVs.

Bloomberg News | May 18, 2021 | 8:01 pm

China puts Australia on notice with push to diversify iron ore

Iron ore is Australia’s biggest export earner, and relations with Canberra have taken a turn for the worse in recent weeks.

Bloomberg News | May 18, 2021 | 9:59 am

Miner earns eightfold gain striking palladium on city’s doorstep

Chalice plans to add supply to a palladium market that’s been in deficit for years due to high demand for the metal.

Bloomberg News | May 18, 2021 | 8:06 am

Peru leftist copies Chile’s proposal for tax on copper boom

Left-wing presidential candidate Pedro Castillo just added a tax on copper sales to his platform.

Bloomberg News | May 17, 2021 | 7:52 pm

Politics are turning against copper mining in top producer Chile

The makeup of the constitutional assembly leaves miners like BHP Group and Anglo American Plc vulnerable to tougher rules surrounding water, glaciers, mineral and community rights.

Bloomberg News | May 17, 2021 | 7:30 pm

Newmont changes shows complexity of adding boardroom diversity

The miner's decision to replace two retiring female directors with men from Africa and Mexico has resulted in the first net gain in almost a year for men on the boards of S&P 500 companies.

Bloomberg News | May 17, 2021 | 6:00 am

Gold sales on India’s key buying day slammed once again by virus

For a second year in a row, most jewelers in India have shuttered their stores on a day considered one of the most auspicious to buy gold as the country grapples with the world’s worst health crisis.

Bloomberg News | May 14, 2021 | 9:47 am

Russia’s biggest cut diamond fetches $14.1 million at Christie’s

The Spectacle, which was cut from a rough stone discovered by Alrosa at an alluvial mine in Russia’s Far East in 2016, took a year and eight months to prepare and polish in Moscow.

Bloomberg News | May 14, 2021 | 9:30 am

Einhorn touts Teck with copper price rally enduring

Greenlight Capital’s David Einhorn said he recommend shares of Canadian miner amid strong demand for copper and other commodities.

Bloomberg News | May 14, 2021 | 7:19 am

Rio Tinto may lose black partners needed to meet South Africa law

Black investors are frustrated by the suspension of dividends and community opposition that stymied expansion plans.

Bloomberg News | May 14, 2021 | 3:47 am

Albemarle gears up to tap metal from old cars

Company is making investments and partnering with automotive equipment manufacturers on the recycling effort, which it calls “critical” to its future growth.

Bloomberg News | May 13, 2021 | 10:09 am

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