Barrick CEO Bristow sees long-term potential for Freeport tie-up

A tie-up with Freeport could bolster Barrick’s U.S. presence, where it already operates gold mines in Nevada.

Bloomberg News | November 6, 2019 | 12:49 pm

Nyrstar board grilled on Trafigura ties in 10-hour marathon meeting

Nyrstar’s history of financial troubles dates back to around 2010, when management embarked on a debt-fueled run of mining acquisitions.

Bloomberg News | November 6, 2019 | 11:20 am

Anglo American says Eskom a major risk as it mulls growth

Eskom, which produces about 95% of South Africa’s power, has been forced to implement rolling blackouts that caused economic output to contract the most in a decade in the first quarter.

Bloomberg News | November 6, 2019 | 7:49 am

De Beers cuts diamond prices by about 5% as industry crisis deepens

De Beers is taking more drastic steps to stem the crisis in the diamond industry by cutting prices across the board for the first time in years.

Bloomberg News | November 5, 2019 | 11:26 am

Mining tycoons lose challenge to UK bribery investigation

UK judge ruling bolsters the Serious Fraud Office in one of its longest-running and most sensitive investigations

Bloomberg News | November 5, 2019 | 8:53 am

Billionaire Gina Rinehart wealth swells as family split lingers

The Australian mining magnate's fortune swelled $2.1 billion after her company reported improved financial results on the back of higher iron ore sales.

Bloomberg News | November 3, 2019 | 8:35 am

A Chinese steel giant is upsetting the global nickel market

Tsingshan Holding Group is now making waves in a different market: the London Metal Exchange.

Bloomberg News | November 1, 2019 | 2:17 pm

Congo says $14 billion Inga dam on track despite disagreements

Mining companies in Congo would get about 3,000 megawatts.

Bloomberg News | November 1, 2019 | 10:55 am

Australia’s pro-coal prime minister signals war on climate activism

Scott Morrison’s choice of language Friday made it clear how he views some environmental protesters.

Bloomberg News | November 1, 2019 | 10:09 am

Sibanye says on track to resume dividends as earnings surge

Adjusted earnings before interest, tax, depreciation and amortization surged 240% to 5.5 billion rand ($366 million) in the quarter through September.

Bloomberg News | October 31, 2019 | 9:13 am

The copper market is so bleak miners are turning to the gospel

The mood is a reversal from a year ago, as demand for most metals suffers due to the US-China trade war.

Bloomberg News | October 31, 2019 | 9:06 am

Mnangagwa’s adviser’s company buys biggest Zimbabwe nickel miner

Control of Bindura Nickel Corp., Zimbabwe’s biggest nickel operation, has been sold to a company linked to an adviser of President Emmerson Mnangagwa.

Bloomberg News | October 31, 2019 | 8:49 am

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