US targets illegal North Korean coal sales with new sanctions

North Korea jump-started coal exports after shutting down almost all shipments during the first few months of the year while it sought to block the spread of the coronavirus.

Bloomberg News | December 8, 2020 | 9:29 am

Cheap platinum back in vogue as Chinese buyers tap cash hoards

Platinum posted its biggest monthly gain in November since 2008 amid a revival in investor buying.

Bloomberg News | December 7, 2020 | 7:51 am

BlackRock, Storebrand pressure Indian bank over coal mining loan

Shareholders of India’s largest bank are raising concerns about a proposed loan to Adani Enterprises Ltd. to help fund the opening of the controversial Carmichael coal mine in northern Australia.

Bloomberg News | December 4, 2020 | 9:10 am

China to allow Australian coal cargo ashore despite ban

It remains uncertain whether the unloadings are exceptions to meet specific demand or a sign of a broader unfreezing.

Bloomberg News | December 4, 2020 | 8:57 am

Trump to sell Arctic oil rights days before Biden sworn in

Any investment in Arctic refuge oil rights is unlikely to see action over the next four years.

Bloomberg News | December 4, 2020 | 8:46 am

Two coal companies bankrupted by covid as industry slides

Coal has been hit hard this year because of the decrease in demand for electricity to run offices, factories and stores.

Bloomberg News | December 4, 2020 | 8:36 am

China Inc. extends cobalt grip with bigger Glencore deal

The world’s biggest supplier of cobalt has extended its supply agreement with battery maker GEM Co., allowing the Chinese company to secure supply of the crucial metal until the end of the decade.

Bloomberg News | December 3, 2020 | 9:22 am

Copper bonanza is emboldening unions in biggest-producing nation

The confluence of factors turning producers into cash machines is also emboldening workers in Chile, raising the risk of stoppages in a hectic period.

Bloomberg News | December 2, 2020 | 10:50 am

India court rejects restart of Vedanta copper smelter

Country's top court has rejected Vedanta’s petition to restart for three months its shuttered smelter in the southern Tamil Nadu state.

Bloomberg News | December 2, 2020 | 8:35 am

China coking coal surges as covid throttles Mongolia border

Coking coal prices in China have soared to a four-year high after a new covid-19 outbreak slowed border crossings from Mongolia.

Bloomberg News | December 2, 2020 | 8:10 am

Trump taps loan program he tried to kill to help mining

The loan program was created to help fund clean energy technology programs and electric vehicles.

Bloomberg News | December 1, 2020 | 12:06 pm

Inflation fear and green hope drive investors into copper

The copper market is experiencing a wave of investor interest it hasn’t seen for a decade.

Bloomberg News | November 29, 2020 | 8:49 am

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