World’s coal miners may be digging themselves into another glut

Coal’s use to generate electricity has declined precipitously in the U.S. despite a revival push by President Donald Trump.

Bloomberg News | May 10, 2019 | 11:12 am

US equipment makers see Trump tariff hike costing 400,000 jobs

Just after midnight on Friday, the U.S. slapped a 25% tariff on about $200 billion of Chinese goods, up from 10%.

Bloomberg News | May 10, 2019 | 9:43 am

Amazon rainforest is ours and not yours, Brazil tells the world

The comments coincide with government plans to review existing conservation areas amid growing pressure from mining and agriculture lobbies.

Bloomberg News | May 10, 2019 | 9:27 am

Even Trudeau’s Canada, gripped in carbon fight, won’t ditch coal

Scientists agree coal is choking the planet—so why is it so hard for governments to ditch?

Bloomberg News | May 10, 2019 | 5:05 am

Race for AngloGold assets may pit Sibanye against rival Harmony

Sibanye faces competition from two rivals if it wants to buy South African gold mining assets that AngloGold Ashanti Ltd. plans to sell.

Bloomberg News | May 9, 2019 | 11:10 am

‘Require, not ask’ for women in mining, urges ex-Anglo chief

Companies have to do more to push gender diversity, according to Cynthia Carroll, former CEO of Anglo American Plc.

Bloomberg News | May 9, 2019 | 9:54 am

South African gold output extends biggest drop in a decade

South African gold production shrank for an 18th straight month in March, extending the longest run of contractions since the financial crisis.

Bloomberg News | May 9, 2019 | 9:32 am

AngloGold plans to sell last South Africa mine as era closes

AngloGold announced on Thursday that it’s in the early stages of a sales process for Mponeng, the world’s deepest mine and its last underground operation in South Africa.

Bloomberg News | May 9, 2019 | 9:09 am

‘Crazy premiums’ for gold assets are over, B2Gold CEO says

A wave of consolidation is coming in the gold mining industry, but don’t count on buyers overspending on assets.

Bloomberg News | May 8, 2019 | 4:37 pm

Trump bans trade in Iranian metals, ratcheting up tensions

The latest order aims to discourage foreign companies and countries that may still be trying to maintain business with Iran.

Bloomberg News | May 8, 2019 | 1:49 pm

Diamond tycoon fails in third UK bail attempt as assets frozen

Fugitive diamond merchant Nirav Modi’s third attempt to get bail has been denied by a UK court.

Bloomberg News | May 8, 2019 | 1:21 pm

In the land where coal is king, mine jobs outweigh climate fears

Coal is Australia’s second-largest income generator after iron ore, and many lawmakers welcome efforts to boost an industry that brings in A$60 billion ($42 billion) a year.

Bloomberg News | May 7, 2019 | 1:39 pm

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