Platinum giants resist pay demands after hitting price jackpot

The world’s biggest platinum producers face a dilemma: they’re reporting bumper profits just as they enter negotiations with labor unions over a three-year wage deal.

Bloomberg News | June 27, 2019 | 9:46 am

Controversial Alaska mine gets lifeline from Trump EPA

The EPA’s action is a significant boost for Northern Dynasty Minerals and Pebble LP supporters, who have called on the EPA to lift the Clean Water Act restrictions.

Bloomberg News | June 26, 2019 | 11:08 am

Kenya cancels environment license of $2bn coal power plant

The 1,050 megawatt project is 51% owned by Centum Investment Co. and backed by General Electric Co.’s Ultra-Supercritical Clean Coal Technology.

Bloomberg News | June 26, 2019 | 9:08 am

Gold’s rally to six-year high spurs people to sell their old Tiffanys and Rolexes

Fund managers aren’t the only ones feeling the tailwind from gold’s rally to a six-year high.

Bloomberg News | June 25, 2019 | 2:56 pm

Iron ore, gold rush push South Africa’s miners to 11-year high

South African mining stocks haven’t had it this good since 2008.

Bloomberg News | June 25, 2019 | 10:03 am

Gold near record in India may lure investors back to the bazaars

Benchmark gold futures in Mumbai have surged 11% this year to as high as 34,893 rupees ($504) per 10 grams.

Bloomberg News | June 25, 2019 | 9:49 am

Massive solar storage project planned for Nevada desert

The projects mark one of the the biggest expansions of solar and storage ever proposed in the US.

Bloomberg News | June 25, 2019 | 9:38 am

Glencore cuts out agents and deal makers as scrutiny grows

The change comes as the trading house founded by Marc Rich transitions from its swashbuckling roots toward a more conventional mining company.

Bloomberg News | June 25, 2019 | 9:28 am

Strike at Chuquicamata may wipe 10,000 tonnes from market

The strike at the mine entered its 11th day on Monday with no signs of agreement between the company and unions.

Bloomberg News | June 24, 2019 | 1:25 pm

Chinese rare earth magnet producer to expand as EV demand booms

The importance of rare earths, has been thrust into the spotlight in recent weeks as China mulls whether to use its position as the world’s dominant supplier as a counter in its trade war with Washington.

Bloomberg News | June 24, 2019 | 9:33 am

Fosun mulls takeover of $1bn Russian miner GV Gold

The talks with GV Gold would be Fosun’s second attempt to acquire a stake in a Russian gold miner.

Bloomberg News | June 24, 2019 | 9:12 am

RWE reviews mine protest damage, says power plants not at risk

German utility RWE AG is reviewing damage done by environmental campaigners who accessed the company’s Garzweiler open-pit mine in Germany’s Rhineland on Saturday.

Bloomberg News | June 23, 2019 | 8:52 am

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