Commodities ensnared again as US-China trade war escalates

A 5% levy will also be imposed on crude oil starting next month. Last year, Beijing removed crude from a list of goods targeted for tariffs, signaling the importance of American oil in the global market.

Bloomberg News | August 23, 2019 | 2:32 pm

Gold inflows hit 1,000 tonnes as investors seek haven in ETFs

Total known ETF holdings expanded to 2,424.9 tonnes on Wednesday, the highest since 2013.

Bloomberg News | August 22, 2019 | 3:27 pm

Thiefs are stealing church bells in France, but likely not for the metal

The demand for metals and collectors seeking antiques are making the thousands of churches dotting villages and towns across France easy targets for thieves.

Bloomberg News | August 22, 2019 | 1:54 pm

South African coal miner plans new climate change strategy

South African businesses are responding to climate change as environmental groups sue the government for not cracking down on pollution from coal-fired power plants.

Bloomberg News | August 22, 2019 | 9:04 am

China Molybdenum says giant Congo copper mine is losing money

In the first half, the company did not achieve its production targets at Tenke Fungurume.

Bloomberg News | August 21, 2019 | 9:16 am

Buy gold ‘at any level,’ veteran investor says as central bankers ease

The increasing role of digital currencies such as Bitcoin has spurred a debate in the precious metals market.

Bloomberg News | August 20, 2019 | 9:31 am

Nornickel said to invite bank pitches for copper mine IPO

The company continues to plan an IPO of the Bystrinsky mine in 2020.

Bloomberg News | August 18, 2019 | 11:33 am

Coal’s last healthy market fades as trade woes weigh on steel

One of the few remaining bulwarks propping up the US coal industry is languishing.

Bloomberg News | August 15, 2019 | 10:12 am

Africa’s biggest fund manager sees gold boom in West Africa

Investor-friendly policies can help Ghana and other countries in the region drive the next “gold-mining boom.”

Bloomberg News | August 15, 2019 | 9:23 am

Machines to replace a third of workforce at Chuquicamata mine

Codelco officially inaugurated underground operations at the world’s largest open pit copper mine on Wednesday.

Bloomberg News | August 14, 2019 | 2:44 pm

South America’s glaciers may have a bigger problem than climate change

Chile has one of the world’s largest reserves of fresh water outside the north and south poles, but the abundant glaciers that are the source of that precious commodity are melting fast.

Bloomberg News | August 14, 2019 | 3:28 am

Platinum giant wants in on batteries to ease electric car threat

Anglo American Platinum wants to develop a lithium battery that uses platinum group metals instead of cobalt and nickel.

Bloomberg News | August 13, 2019 | 10:59 am

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