Copper supply deal signals tightest market since the supercycle

Under a new supply deal signed with Freeport-McMoRan, major Chinese smelters have accepted the lowest processing fees to turn mined ore into finished metal seen since 2011.

Bloomberg News | November 21, 2019 | 12:22 pm

Austrian nationalists stashed gold away in Alpine vault

The party says it bought the gold in the wake of the 2008 financial crisis.

Bloomberg News | November 21, 2019 | 9:37 am

‘I love you’ Goldman Sachs, Cliffs CEO says year after outburst

A year after Lourenco Goncalves raged against analysts from Goldman Sachs, the Cleveland-Cliffs Inc. chief’s acrimony has reversed 180 degrees.

Bloomberg News | November 21, 2019 | 9:29 am

Haunted by ghost workers, Tunisian phosphate miner seeks revival

Before the 2011 Arab Spring uprising, Tunisia was one of the world’s largest producers of the fertilizer component, creating as much as 8.2 million tons per year.

Bloomberg News | November 21, 2019 | 8:05 am

A $60 billion mine propels Bougainville’s independence vote

Born out of bloodshed, colonial politics, civil war and the pursuit of mining riches, the independence referendum has been a long time coming.

Bloomberg News | November 20, 2019 | 3:09 pm

Remote mine in Australia pioneers off-grid wind, solar power

Stage one of the hybrid renewable project at Gold Fields Ltd.’s Agnew mine, located nearly 645 km northeast of Perth, was officially opened Wednesday.

Bloomberg News | November 20, 2019 | 9:39 am

Tesla set to bulk up the world’s largest lithium-ion battery

Since its 2017 installation, the battery has helped blaze a trail for other plants around the world.

Bloomberg News | November 19, 2019 | 11:52 am

A massive coal plant that asked for Trump’s help has gone dark

The largest coal-fired power plant in the western US permanently closed, becoming the latest testament to the fossil fuel’s decline.

Bloomberg News | November 19, 2019 | 9:11 am

IMF to provide credit to Congo as growth and reserves falter

Despite vast mineral resources, Congo is one of the world’s poorest countries.

Bloomberg News | November 17, 2019 | 9:31 am

US coal giant is ‘unglued’ as $800m takeover sours

Contura Energy's stock plunged by the most ever and was trading at a record low Friday.

Bloomberg News | November 15, 2019 | 11:20 am

Serbia buys nine tonnes of gold to heed president’s crisis advice

The biggest former Yugoslav republic is following Hungary and Poland, where officials boosted gold reserves in 2018 to create a bulwark against crisis.

Bloomberg News | November 15, 2019 | 9:44 am

Corruption, child labor risk in Congo’s cobalt industry, OECD warns

Child labor and human-rights abuses are common in small-scale mining sites in Congo.

Bloomberg News | November 15, 2019 | 9:10 am

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