Elon Musk is going to have a hard time finding clean nickel

Recent accidents suggest the industry will struggle to meet Musk’s request for a large quantity of the metal produced in an “environmentally sensitive” way.

Bloomberg News | August 24, 2020 | 8:46 am

Bullion funds strike it rich delivering gold to London vaults

The ETF business has greatly benefited from the 2020 gold fever, with gold holdings now exceeding every central bank except the Federal Reserve.

Bloomberg News | August 24, 2020 | 8:00 am

Glencore makes U-turn to back artisanal mining of cobalt

The company, which has long endorsed the purchase of cobalt from industrial mines, is now backing a new initiative to support informal miners instead.

Bloomberg News | August 24, 2020 | 7:59 am

Northern Dynasty shares dive on reports of planned Pebble halt

Shares of miner plunged 47% on Monday.

Bloomberg News | August 23, 2020 | 9:50 am

Nigerian oil services firm Japaul seeks $70 million to switch to mining

Japaul has obtained licenses to mine gold, lead, nickel and copper.

Bloomberg News | August 21, 2020 | 1:17 pm

‘Hot’ copper is attracting plenty of deal buzz, executive says

Copper is considered a green metal and big mining companies want more of it in their portfolios, says Marimaca Copper president Hayden Locke.

Bloomberg News | August 21, 2020 | 9:46 am

Fortescue opens talks with Afghanistan on nation’s mining riches

Country has struggled to accelerate development of an estimated $1 trillion worth of mineral deposits.

Bloomberg News | August 21, 2020 | 8:40 am

Colombia sold two-thirds of its gold weeks before record high

The nation sold $475 million of its bullion in June, equivalent to 67% of its holdings at the end of May.

Bloomberg News | August 20, 2020 | 2:39 pm

Teck goes on headhunting spree with investors seeking change

The company is shaking up its top executive ranks with new CFO and COO appointments.

Bloomberg News | August 20, 2020 | 11:54 am

Hedge fund that gained 103% on gold rally trims exposure

Delbrook Capital is now taking a pause on gold stocks as their valuations have strengthened.

Bloomberg News | August 20, 2020 | 9:21 am

Scotiabank compliance failed to stop gold spoofing, US says

The bank agreed to pay $127.4 million to settle allegations that its traders manipulated precious metals markets.

Bloomberg News | August 20, 2020 | 9:02 am

South Africa gold miners seek new CEOs as another plans to exit

With Gold Fields CEO Nick Holland retiring, South Africa loses a second gold mining boss in less than a month.

Bloomberg News | August 20, 2020 | 8:46 am

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