Interior won’t say what it’s doing with coal health study

Democrats and environmentalists becoming increasingly concerned about why Interior Department remains silent about the National Academy of Sciences study.

Bloomberg News | December 6, 2017 | 2:03 pm

Gold ETFs soar as Russia probe closes in on Trump’s inner circle

SPDR Gold Shares, the biggest gold-backed ETF, attracted the most money since September as the Trump-Russia probe escalated.

Bloomberg News | December 4, 2017 | 11:06 am

Gold heads for month low as U.S. senate passes Trump’s tax cuts

Metal for immediate delivery traded 0.5 pct lower at $1,274.20 an oz. as of 10:48 a.m. New York time. A close at that level will be the lowest since Nov. 3.

Bloomberg News | December 4, 2017 | 10:52 am

Coal India November output, shipments rise to highest for month

Coal India Ltd.’s production and shipments in Nov. rose to most for month in at least five years, as power plants procured more coal to boost inventories.

Bloomberg News | December 4, 2017 | 10:41 am

Iron ore enters bull market as China’s curbs supercharge steel

Spot ore with 62 percent iron content jumped 3.7 percent to $72.68 a metric ton, the highest since September 14, according to Metal Bulletin Ltd.

Bloomberg News | December 4, 2017 | 10:36 am

World’s top copper miner wants CEO to stay to contain costs

“A lot of people including myself are promoting the idea that Nelson continues on as CEO for a couple of years if possible,” said chairman Oscar Landerretche.

Bloomberg News | December 1, 2017 | 1:56 pm

‘Miner’s revenge’ is coming with electric cars, Friedland says

Surging demand for metals like copper, and cobalt for use in EVs promises to overturn balance of power between mining companies and their customers.

Bloomberg News | November 30, 2017 | 1:07 pm

Pink diamond gets $32 million, Patek sets Asian record

The oval stone, set in a ring embellished with smaller diamonds, sold after a three-minute contest. It was estimated to sell for as much as $42 million.

Bloomberg News | November 30, 2017 | 11:34 am

Indonesia expects 2018 deal with Freeport on giant copper mine

Indonesia expects to conclude deal with Freeport-McMoRan Inc. by February that will see the U.S. miner shed its majority ownership of Grasberg mine.

Bloomberg News | November 30, 2017 | 11:19 am

Robots will run mines within the next decade, Anglo says

Anglo is betting on technology, such as computerized drills, to increase productivity, cut costs and reduce environmental impact.

Bloomberg News | November 29, 2017 | 3:28 pm

Crystallex, Venezuela agree to settle $1.2 billion mine dispute

Crystallex International Corp. and Venezuela agreed to settle a $1.2 billion dispute over the 2011 nationalization of a gold deposit in the South American nation.

Bloomberg News | November 24, 2017 | 3:46 pm

Gold CEO lashes out against his industry

“The one thing this industry does very well is mine gold at a loss,” Randgold Resources CEO Mark Bristow told analysts at a breakfast meeting on Friday.

Bloomberg News | November 24, 2017 | 3:33 pm

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