Fatal blast in Indonesia puts battery metal ambitions in spotlight ahead of presidential vote Some 200 million Indonesians will vote for a new leader next month. Bloomberg News | January 5, 2024 | 10:11 am
China’s coal king is catching up with its new battery champions Battery giants are at the forefront of the global energy transition, but on the stock market they’re being outshined by the dirtiest fossil fuel. Bloomberg News | January 5, 2024 | 3:26 am
Endeavour Mining plunges after firing CEO for serious misconduct The miner removed de Montessus after discovering an alleged “irregular payment instruction” of $5.9 million related to an asset sale. Bloomberg News | January 5, 2024 | 3:21 am
Buenaventura sees Antofagasta as ally in copper growth plans While the Lima-based company is known mainly for its precious metal mines, it also owns 20% of the giant Cerro Verde copper mine operated by Freeport-McMoRan. Bloomberg News | January 4, 2024 | 12:43 pm
Maaden sees Aramco fuel price hike hitting earnings “The expected financial impact will be an increase of approximately 3.2% of the total annual cost of sales,” Maaden said in a filing. Bloomberg News | January 4, 2024 | 10:54 am
Endeavour Mining says it fired CEO for ‘serious misconduct’ The removal of Sébastien de Montessus follows an investigation by the board into an irregular payment instruction of $5.9 million issued by him. Bloomberg News | January 4, 2024 | 10:41 am
CMOC takes Glencore’s cobalt crown as output jumps 170% Hong Kong-listed CMOC produced 55,526 tons of cobalt in 2023, it said in a filing. Bloomberg News | January 4, 2024 | 10:11 am
Barrick sounds out First Quantum holders on possible bid Chief executive Mark Bristow approached some of First Quantum’s largest investors late last year, according to Bloomberg sources. Bloomberg News | January 3, 2024 | 9:07 am
Top India court clears Adani from more probes in Hindenburg saga India’s Supreme Court ordered the country’s markets regulator to conclude its investigation into the Adani Group. Bloomberg News | January 3, 2024 | 3:41 am
Vedanta faces investor reckoning over $3.2 billion of bonds Bondholders have until Jan. 2 to give an early consent on a plan to push out due dates on $3.2 billion in bond repayments. Bloomberg News | January 2, 2024 | 1:42 am
China restores coal tariffs in threat to Russian exporters Russia’s monthly coal sales to China have declined since peaking at more than 10 million tons in June. Bloomberg News | January 2, 2024 | 1:34 am
Gold price heads for yearly gain as market eyes rate cuts in 2024 Bullion was steady on the final trading day, putting it on track to end the year about 13% higher. Bloomberg News | December 29, 2023 | 8:44 am