Glencore’s prize cobalt miner is bogged down deeper in Congo Katanga is mired in difficulties ranging from the prospect of higher taxes to a mounting legal battle with its Congolese partner, Gecamines. Bloomberg News | April 23, 2018 | 9:50 am
Glencore says legal proceedings opened against Congo unit High levels of debt at mining companies are becoming an increasingly heated issue in Congo, the world’s largest source of cobalt. Bloomberg News | April 23, 2018 | 9:35 am
South Africa’s Eskom gets workaround to tackle coal shortages The state-owned utility is seeking coal for seven of its plants that are facing shortages after supply disruptions from Gupta family-controlled mines. Bloomberg News | April 20, 2018 | 10:52 am
Aluminum stash visible from space turned to gold for trader Castleton Commodities International LLC is sitting on a veritable gold mine as a scramble for aluminum unfolds in the wake of U.S. sanctions. Bloomberg News | April 20, 2018 | 10:14 am
Trump’s latest plan for saving coal comes from the Cold War Trump campaigned on a promise to bring back coal that is increasingly being edged out of the U.S. power market by cheap, cleaner-burning natural gas. Bloomberg News | April 19, 2018 | 1:01 pm
UK goes a record 55 hours without coal as clean power expands Coal, which fueled the world’s biggest economies for more than a century, is increasingly losing out to renewables. Bloomberg News | April 19, 2018 | 11:03 am
Weir to buy Esco to add mining equipment as company revamps Weir Group Plc plans to acquire U.S. competitor Esco Corp. as the U.K. maker of industrial pumps strengthens its focus on the mining industry. Bloomberg News | April 19, 2018 | 10:47 am
Sanctions fallout upends metals as aluminum, nickel burst higher Aluminum rallied as much as 7.1 percent, a record intraday gain, to $2,718 a ton in London. Bloomberg News | April 19, 2018 | 10:35 am
Russia sanctions throw global aluminum supply chain into chaos Alumina prices have already rocketed, jumping by more than a quarter in the last week and heading for a record high. Bloomberg News | April 17, 2018 | 10:34 am
ETF manager renounces emerging markets to pile into gold Gold is the best place to absorb external shocks amid increased volatility stemming from global trade tension. Bloomberg News | April 16, 2018 | 3:59 pm
Moti Group is open to selling shares in Zimbabwe mine operation The Moti Group would be open to listing the stock in its operation provided it makes “business sense and has a strong rationale behind it.” Bloomberg News | April 16, 2018 | 10:32 am
Billionaire Agarwal hires AngloGold’s CEO to run Vedanta Agarwal, who has been hunting for a new Vedanta CEO for more than a year, has consistently sought talent from the world’s biggest miners. Bloomberg News | April 16, 2018 | 10:02 am
