Old coal mines can win a second life as green energy hotspots Australia is studying plans to transform a disused underground coal mine into a pumped hydro facility. Bloomberg News | December 18, 2020 | 8:41 am
Goldman says bitcoin’s surging popularity won’t harm gold Bitcoin has seen a blistering rally this month, exceeding $23,000 per token on Thursday. Bloomberg News | December 18, 2020 | 7:51 am
Aluminum surges on concern US may reapply Rusal sanctions Russia’s primary aluminum output accounts for about 6% of global supply, with Rusal being the top supplier in Europe. Bloomberg News | December 17, 2020 | 9:38 am
Metals tycoon, Centricus plan $10 billion India M&A push Anil Agarwal is teaming up with London-based company to seek investments in Indian companies offering substantial growth opportunities. Bloomberg News | December 17, 2020 | 7:25 am
Veteran copper executive sees mines avoiding major strike shocks Just one mid-sized mine in Chile has halted operations because of strikes in the current wage cycle. Bloomberg News | December 16, 2020 | 12:36 pm
Freeport CEO sees banner years ahead after gains won in ‘battle’ CEO Richard Adkerson expects copper volumes to expand by 20% and gold by 70% next year, with rising outputs lowering costs. Bloomberg News | December 16, 2020 | 11:03 am
De Beers raises diamond prices for first time since pandemic Prices increased by about 2% to 3% at the diamond giant’s final sale of the year last week. Bloomberg News | December 16, 2020 | 7:58 am
SolGold faces rebellion from top shareholders Mining heavyweights that backed the company and its huge Ecuadorian copper deposit are growing increasingly frustrated by the management’s decisions. Bloomberg News | December 16, 2020 | 7:48 am
Oil sands win Wall Street favour after years in shale’s shadow Canadian producers are emerging from 2020’s historic market crash with a slew of upbeat outlooks. Bloomberg News | December 14, 2020 | 6:07 am
Copper-market cocktail means miners have rarely had it so good The world’s biggest copper miners are enjoying a rare bonanza, helped along by fallout from the coronavirus pandemic. Bloomberg News | December 11, 2020 | 8:58 am
Commodities hit 6-year high with recovery boosting oil, copper The Bloomberg Commodity Spot Index rose 1.3% on Thursday to its highest since 2014. Bloomberg News | December 11, 2020 | 8:43 am
Coal mining accidents tests China’s control of its cheapest fuel A series of deadly mining accidents has hit output, while self-imposed import restrictions -- including on key supplier Australia -- limit shipments from overseas. Bloomberg News | December 11, 2020 | 8:15 am