Biden assurances on jobs sting like insults in mines, oil patch

The Biden administration has gotten off to a rough start trying to reassure coal miners and oil workers whose jobs are threatened by the president’s fight against climate change.

Bloomberg News | February 17, 2021 | 11:03 am

Midas Gold gets Nasdaq listing and new name in nod to Idaho

Company has been renamed Perpetua Resources Corp. and granted a Nasdaq listing.

Bloomberg News | February 16, 2021 | 9:47 am

Glasenberg signs off with Glencore dividend, trading bonanza

Firm resumed dividend and flagged possible further payouts on the back of strong commodity prices .

Bloomberg News | February 16, 2021 | 6:13 am

India’s coal power use may have already peaked – report

The share of the dirtiest fossil fuel in India’s power mix fell for the second year in a row in 2020.

Bloomberg News | February 15, 2021 | 12:07 pm

Congo president names mining company CEO as prime minister

Sama Lukonde Kyenge, CEO of Gecamines, has been named prime minister of the world’s biggest cobalt producer.

Bloomberg News | February 15, 2021 | 10:21 am

Botswana names Canadian firm as preferred bidder for copper mine

The African country picked Premium Nickel Resources as the preferred bidder for its shuttered copper mining group BCL Ltd.

Bloomberg News | February 14, 2021 | 9:16 am

Billionaire steelmaking clan faces key test in quest to cut debt

Benjamin Steinbruch is trying to convince investors to fork over as much as $1.5 billion for a piece of Brazilian CSN Mineracao.

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

Crypto’s rapid rise means investors need gold, top miner says

The rise of cryptocurrencies, including red-hot Bitcoin, just handed one of the world’s leading gold miners one more reason to urge investors to buy the age-old haven that is bullion.

Bloomberg News | February 11, 2021 | 8:09 am

JP Morgan: Commodities have begun new supercycle of “years-long gains”

Commodities have seen four supercycles over the past 100 years — with the last one peaking in 2008 after 12 years of expansion.

Bloomberg News | February 11, 2021 | 3:45 am

Alrosa to donate vaccines to Angola, Zimbabwe

Alrosa will supply the vaccines once emergency-use authorization for the Sputnik V vaccine is granted.

Bloomberg News | February 10, 2021 | 10:18 am

Controversial UK coal mine under review over climate backlash

The Woodhouse Colliery would be the first new deep coal mine in the UK in three decades.

Bloomberg News | February 9, 2021 | 1:56 pm

The possible Chinese coal link in Tesla’s Bitcoin binge

Any new Bitcoin generated after the cryptocurrency’s Elon Musk-aided surge toward $50,000 is likely to be sourced using cheap coal power in China’s Xinjiang.

Bloomberg News | February 9, 2021 | 3:10 am

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