Wall Street is bending to pressure to halt Arctic drilling loans Lending restrictions now pose another obstacle to oil companies hunting for the next big discovery. Bloomberg News | April 24, 2020 | 12:22 pm
US gives Greenland $12 million but says it’s not a bid to buy Official says the fund will go toward priorities including tapping Greenland’s mineral resources. Bloomberg News | April 24, 2020 | 9:52 am
Gold bars flying 11k miles to NY to ease supply squeeze Australia’s largest gold refinery has ramped up production in response to the supply crunch. Bloomberg News | April 24, 2020 | 8:37 am
Mine shutdowns plague metals even as some slowly return to work The fallout is difficult to quantify as countries extend, revise or relax measures to contain the crisis. Bloomberg News | April 23, 2020 | 9:32 am
Mozambique’s giant ruby mine boosts security after virus empties local jail Security guards have been equipped with firearms and patrol dogs have been deployed at the Montepuez mine, Gemfields said. Bloomberg News | April 22, 2020 | 1:30 pm
Reeling aluminum market braces for Alcoa’s outlook Company forecast in January that global supply would exceed demand by as much as 1 million metric tonnes this year. Bloomberg News | April 22, 2020 | 8:45 am
Sprott can’t keep up with demand as turmoil spurs gold rush Investors are rushing to put their money into gold as the coronavirus pandemic roils markets worldwide. Bloomberg News | April 21, 2020 | 10:29 am
Swiss gold exports to US jump to at least eight-year high Shipments rose to 43.2 tonnes, the highest in data going back to 2012. Bloomberg News | April 21, 2020 | 8:19 am
Citi vows to stop working with thermal coal-mining companies By 2025, the bank won’t provide underwriting and advisory services to the industry and will cut its credit exposure in half. Bloomberg News | April 20, 2020 | 3:29 pm
Oil plunges below zero for first time in unprecedented wipeout The price on the futures contract for West Texas crude fell into negative territory - minus $37.63 a barrel. Bloomberg News | April 20, 2020 | 12:30 pm
London, gold hub for centuries, eyes delivery ‘around the world’ The London gold market will need to allow delivery outside of the city if the coronavirus pandemic leads to more stringent travel restrictions. Bloomberg News | April 20, 2020 | 9:44 am
Uranium surges 31% to become year’s top commodity While most commodities are getting hammered by the coronavirus crisis, uranium prices are skyrocketing. Bloomberg News | April 20, 2020 | 8:33 am
