Billionaire Adani secures ore for $1.2 billion copper smelter The facility in Mundra is the world’s largest single-location smelter for the industrial metal. Bloomberg News | February 9, 2024 | 9:38 am
AI-powered Zambian copper mine may become world’s third largest KoBold Metals said this week that its discovery at the Mingomba project far surpasses existing operations in Chile by copper grade. Bloomberg News | February 9, 2024 | 8:29 am
Exxaro sharpens M&A focus after copper mine loss to China The company made it onto a shortlist for buying a copper mine in Botswana last year, but was ultimately outbid by MMG. Bloomberg News | February 9, 2024 | 7:58 am
Zimbabwe takes full control of controversial state miner Kuvimba holds some of Zimbabwe’s best mining assets, which were once owned by a company controlled by US- and UK-sanctioned tycoon Kudakwashe Tagwirei. Bloomberg News | February 8, 2024 | 11:07 am
Indonesia’s metals giant Mind ID seeks bids for $2 billion loan The state-owned mineral-resources holding company plans to use the proceeds partly to repay existing debt. Bloomberg News | February 8, 2024 | 7:07 am
Congo artisanal cobalt monopoly can launch in months, CEO says Entreprise Generale du Cobalt will soon launch pilot sites around the town of Kolwezi. Bloomberg News | February 8, 2024 | 7:04 am
Some Russian banks may have swapped gold for dollars, report says Russia has faced a shortage of dollars and euros as it’s increasingly shut out of the western financial system. Bloomberg News | February 7, 2024 | 8:51 am
China’s tougher coal mining rules could threaten supply again A string of disasters over the last 12 months has refocused the authorities on accident prevention. Bloomberg News | February 6, 2024 | 9:23 am
Nickel price extends slump on Indonesian glut as metals hit by Fed Prices of nickel on the London Metal Exchange have almost halved over the past year. Bloomberg News | February 5, 2024 | 3:08 pm
Anglo CEO says he can run sprawling miner better than any activist Anglo’s production pullback has led some investors and analysts to call for more action. Bloomberg News | February 5, 2024 | 10:23 am
China’s copper plants consider cuts after years of breakneck growth Stung by disappearing profits, the country’s top industry body last week put forward a menu of options to limit oversupply. Bloomberg News | February 5, 2024 | 9:56 am
Coal miner starts building South Africa’s biggest wind farm Seriti plans to build infrastructure capable of providing 900 megawatts of green energy over the next few years. Bloomberg News | February 5, 2024 | 9:51 am
