Zambian mines may lose four days’ copper output after power cuts

Africa’s second-biggest copper producer, may lose as much as four days’ output of the metal after the country’s power grid went down on Monday, the mines chamber said.

Bloomberg News | April 28, 2015 | 10:28 am

Oil sands woes set to deepen as shaky petro-dynasty risks defeat

One of the world’s longest-running political dynasties is on the brink of losing power, threatening to make life tougher for companies toiling in Canada’s oil patch.

Bloomberg News | April 28, 2015 | 12:10 am

Gold posts biggest advance in three months

Gold posted its biggest gain since January as bets on the outlook for U.S. interest rates drove increased volatility for the metal. Silver climbed the most this year.

Bloomberg News | April 27, 2015 | 3:29 pm

Half of U.S. fracking companies will be dead or sold by the end of this year

Half of the 41 fracking companies operating in the U.S. will be dead or sold by year-end because of slashed spending by oil companies, an executive with Weatherford International Plc said.

Bloomberg News | April 23, 2015 | 6:28 am

China’s secret gold stockpile may be world’s 2nd biggest

The People's Bank of China may have tripled its gold stockpile since April 2009, when it last gave an official number, which Bloomberg Intelligence estimates to be 3,510 metric tons, second to United States 8,133.5 tons of gold.

Bloomberg News | April 22, 2015 | 8:19 am

Here’s what China closing coal-power plants means for emissions

China’s recent scrapping of small coal plants will avoid the release of as much as 11.4 million metric tons annually of climate-warming carbon dioxide, helping the country cut emissions for the first time in more than a decade.

Bloomberg News | April 20, 2015 | 9:03 am

South Africa’s Sasol coal miners seek damages over lung disease

Coal miners in South Africa who worked at a unit of Sasol and contracted lung diseases filed a suit seeking damages from the company, according to their lawyer.

Bloomberg News | April 3, 2015 | 11:11 am

Oil sands faces its biggest test in extended downturn

The collapse in the market for Canada’s heavy crude below $30 a barrel last week is hammering home a harsh reality for the nation’s oil-sands producers: There’s no one to save them this time.

Bloomberg News | March 24, 2015 | 2:00 am

Miners woo communities with soccer fields, bull rings and guinea pigs to unlock US$25 billion in stalled projects

From South America to Africa, mining companies are throwing all that and more at communities to quiet growing opposition to controversial projects.

Bloomberg News | March 18, 2015 | 12:58 am

Blood gold flows illegally from Central African Republic

Freddy Bonjour, covered in yellow dust from head to toe, stands exhausted after a day using his bare hands and a shovel to dig for gold in eastern Central African Republic.

Bloomberg News | March 12, 2015 | 4:24 am

Mongolia’s bonds slump with copper as spat with Rio stalls mine

Mongolia’s dollar bonds and currency sank to record lows this month as a slide in commodity prices and a dispute with Rio Tinto Group over developing one of the world’s largest copper and gold mines kept foreign investors away.

Bloomberg News | January 26, 2015 | 7:33 pm

First pain, then gain: Gold seen hurt by Fed before rebounding

Gold will extend losses this year as U.S. interest rates increase, providing an opportunity for investors to buy the metal to benefit from a rebound spurred by Asian demand, according to Barclays Plc.

Bloomberg News | January 18, 2015 | 6:27 pm

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