Slow transition to electric fells BMW’s CEO after just one term

As Harald Krueger puzzled over how to reinvent BMW for the electric age, it was almost a year before he presented his strategic vision — which was a bust.

Bloomberg News | July 5, 2019 | 2:15 pm

Barrick prepares to start sale of Massawa gold project

The asset in Senegal could fetch a value of about $500 million.

Bloomberg News | July 5, 2019 | 12:29 pm

Billionaire US coal baron Cline dies in helicopter crash

Christopher Cline was the founder of St. Louis, Missouri-based coal miner Foresight Energy LP, a joint venture with Robert Murray’s Murray Energy Corp.

Bloomberg News | July 5, 2019 | 9:24 am

Gold bull Mobius says every portfolio needs at least 10%

Veteran investor Mark Mobius says that gold’s set to push higher, potentially topping $1,500 an ounce.

Bloomberg News | July 4, 2019 | 12:30 pm

Codelco delays restart of Chuquicamata, again

The facility is unlikely to return to normal capacity until mid-August, says a union leader.

Bloomberg News | July 4, 2019 | 11:19 am

Iron ore ‘disconnected from fundamentals’ after huge rally

The commodity’s rally has been so strong it’s triggering warnings that the gains have taken the market beyond fundamental drivers and prices are likely set for a pullback.

Bloomberg News | July 4, 2019 | 10:48 am

Armed forces called to defend Glencore mine in Congo

Illegal miners will be removed from the site of the Glencore project where at least 43 died last week.

Bloomberg News | July 4, 2019 | 10:00 am

Nutrien says 34 workers trapped underground in potash mine

Workers at Nutrien Ltd.’s Cory potash mine in Saskatchewan have been stuck underground since Tuesday afternoon, but are safe.

Bloomberg News | July 3, 2019 | 2:20 pm

After two tumultuous decades, Congo gold miner is back from the brink

In the past 23 years, Banro Corp. had its Congo gold assets seized, got them back, built two mines, closed one after attacks by militants and sought bankruptcy protection.

Bloomberg News | July 3, 2019 | 1:58 pm

Europe thinks like China in building its own battery industry

In the past few months, government officials have joined with manufacturers, development banks and commercial lenders on measures that will channel more than 100 billion euros ($113 billion) into a supply chain for lithium-ion packs.

Bloomberg News | July 3, 2019 | 12:05 pm

Gold’s rally gets booster shot as Trump picks doves for the Fed

Gold is trading near a six-year high as simmering geopolitical and trade tensions boost demand for havens.

Bloomberg News | July 3, 2019 | 11:06 am

Glencore, Anglo mines pollute South Africa water, group says

A new study found “massive failures” by the Department of Water & Sanitation to effectively regulate water licenses.

Bloomberg News | July 3, 2019 | 9:14 am

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