Merkel cabinet approves $45B in aid for coal regions

The aid package launches a drive to transform chimney-stack economies into high-tech centers and will help Germany achieve its climate goals for 2030 and put it on the right path for meeting 2050 targets.

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

To borrow $500m, Zimbabwe pledges mine that doesn’t exist

The collateral for African Export-Import Bank’s $500 million loan to Zimbabwe is a mine that Great Dyke Investments, a venture between Russian investors and the Zimbabwean military, plans to build at a cost of $4 billion.

Bloomberg News | May 22, 2019 | 7:47 am

The future of energy won’t be decided by voters — opinion

Investors in energy seem now to be sitting on the sidelines, waiting to see whether the cost deflation in renewables will overcome issues around grid integration, or whether some unforeseen policy backlash can drive a second coming of fossil fuels.

Bloomberg News | May 21, 2019 | 2:58 pm

Hudbay said to prepare sale of Arizona copper mine stake

The Toronto-based base metals miner has interviewed potential advisers about selling a 30% stake in the Arizona Rosemont project.

Bloomberg News | May 21, 2019 | 2:03 pm

De Beers diamond sales slump again in another warning sign

De Beers’ diamond sales plunged to the lowest since 2017 in the company’s latest offering, underlining a slump in the industry worldwide.

Bloomberg News | May 21, 2019 | 10:51 am

Zambia’s plan to seize copper mines stuns investors

Zambia’s Eurobond yields rose to record highs after the government of the cash-strapped copper producer said it’s planning to seize Vedanta’s mining assets.

Bloomberg News | May 21, 2019 | 9:43 am

Lonmin plans to cut 4,100 workers as it closes platinum mines

The platinum producer has started a process that’s required under South African labor law to carry out the workforce reductions.

Bloomberg News | May 20, 2019 | 10:00 am

Sibanye keeps option to increase Lonmin offer against rival bid

Sibanye Gold reiterated that its increased offer for Lonmin is final, but kept its option open to sweeten the deal for the platinum producer should a rival bid emerge.

Bloomberg News | May 20, 2019 | 9:35 am

Nothing seems to matter in copper markets, except the trade war

Copper is slumping toward a three-month low even after Zambia moved closer to nationalizing some of its mines.

Bloomberg News | May 20, 2019 | 9:17 am

Controversial Australia coal mine boosted after shock vote

A surprise election victory for Australia’s pro-coal ruling Coalition is ratcheting up pressure on the Queensland state government to approve development in one of the biggest untapped reserves of the fossil fuel.

Bloomberg News | May 20, 2019 | 9:08 am

Peru leader seeks to rebuild trust in graft-hit political class

Underpinning investor confidence are the country’s vast mineral riches.

Bloomberg News | May 19, 2019 | 10:17 am

Venezuela sells $570m from gold reserve despite sanctions

Caracas sold about 9.7 tons of gold on May 10 and an additional 4 tons three days after, sources said.

Bloomberg News | May 17, 2019 | 11:49 am

• First
• 425
• 426
• 427
• 428
• 429
• 430
• 431
• Last