Sanctioned Israeli billionaire to gain from Elon Musk cobalt deal Dan Gertler stands to indirectly benefit from an American company’s payments, despite being blacklisted from the US financial system. Bloomberg News | July 22, 2020 | 11:13 am
BHP faces biggest UK class action over Brazil dam collapse Local groups are seeking a total of 5 billion pounds ($6.33 billion) for the collapse of the Fundão Dam. Bloomberg News | July 22, 2020 | 7:18 am
Wall Street is throwing billions at once-shunned gold miners Precious metals miners, once seen as too leveraged and high risk, raised $2.4 billion in secondary equity offerings last quarter. Bloomberg News | July 21, 2020 | 10:13 am
Silver rises above $20 an ounce for first time since 2016 Silver, which just completed its best quarter since 2010, is getting an extra boost from concerns about supply and bets on increased industrial demand for the metal. Bloomberg News | July 20, 2020 | 12:35 pm
Stuck with coal pits the world needs, but few want BHP’s unsuccessful effort over the past year to offload the Mt Arthur coal mine highlights the predicament producers are in. Bloomberg News | July 20, 2020 | 10:06 am
Billionaire commodity trader retires from Glencore Daniel Mate, Glencore’s fifth-largest shareholder, is handing over trading of zinc and lead to Nick Popovic. Bloomberg News | July 20, 2020 | 8:45 am
Remote outback town to host $420 million solar thermal project Mount Isa is said to be the second-best place on Earth to build a solar thermal plant after the Atacama Desert. Bloomberg News | July 20, 2020 | 8:22 am
Iron ore’s African future is advancing, Rio Tinto says Firing up production from the small West African nation would add a new source of high-quality ore and deliver a challenge to Australia and Brazil. Bloomberg News | July 20, 2020 | 6:28 am
Citi: It’s ‘only a matter of time’ before gold price hits a record Bullish factors building in the bullion market are set to see prices take out the record set in 2011, according to Citigroup. Bloomberg News | July 20, 2020 | 6:15 am
US asks judge to block miner’s share sale of Citgo parent Crystallex International is seeking to enforce a $1.4 billion arbitration award against Venezuela, most of which remains unpaid. Bloomberg News | July 17, 2020 | 3:19 pm
Conflict gold in spotlight as investors flock to safe haven Suppliers are coming under pressure to make sure the metal hasn’t financed conflict or been linked to corruption or human rights abuses. Bloomberg News | July 17, 2020 | 9:59 am
Canada asks for ‘patience’ in aluminum spat with US Canadian Ambassador says the country will retaliate if the US reimpose aluminum tariffs. Bloomberg News | July 17, 2020 | 9:38 am