Norway is using its wealth to lead an exodus from coal A law set to pass in June will see the Norwegian Oil Fund divest more from coal, and invest over $20B in renewable energy. Reuters | May 7, 2019 | 10:12 am
ArcelorMittal to cut iron ore output, slash jobs in Bosnia Output will be reduced by a third to 1 million tonnes and the job cuts will be carried out from September. Reuters | May 7, 2019 | 9:35 am
Gold glitters in India during key festival as prices dip A rise in consumption by the world's second-biggest gold consumer could help global prices which are currently hovering near a 4-month low. Reuters | May 7, 2019 | 9:17 am
Iron ore tugged between Brazilian supply shock, Trump’s trade war Brazil shipped 18.34 million tonnes of iron ore in April, down 17% from the prior month and a massive 29% from the same month a year earlier. Reuters | May 7, 2019 | 9:07 am
Vale says court halts Brucutu iron mining operations World's top iron ore miner guides down production again for 2019 after earlier decision is reversed. Reuters | May 6, 2019 | 4:53 pm
Arctic nations to meet amid tensions over environment, resources Countries have been scrambling to claim territory or, like China, boost their presence in the region. Reuters | May 6, 2019 | 12:16 pm
China to close over 1,000 unsafe mining sites in 2019 — state media The number of these hazardous non-coal mines fell by a quarter in 2018 versus 2012, but they are still plentiful. Reuters | May 6, 2019 | 10:55 am
US, allies propose financing for power plant for Papua New Guinea gold mine The Wafi-Golpu mine in Papua New Guinea is considered one of the world's largest untapped gold resources. Reuters | May 6, 2019 | 10:36 am
Wesfarmers’ soft bid for Kidman spotlights lithium’s financing issues Wesfarmers' bid for Australia's Kidman Resources undervalues the lithium miner, analysts said on Friday. Reuters | May 6, 2019 | 10:12 am
Hong Kong exchange to launch dollar-denominated mini contracts for base metals The new offering comes five years after a similar product fizzled on the Singapore Exchange (SGX). Reuters | May 6, 2019 | 9:14 am
Sandvik eyes listing of specialty steel business Materials Technology, Sandvik's specialty steel business, has been seen as a spin-off candidate for many years. Reuters | May 6, 2019 | 9:08 am
ThyssenKrupp sees room for EU agreement on Tata Steel deal Tata Steel and ThyssenKrupp have proposed combining their steel operations in Europe to form the region's second-biggest steelmaker. Reuters | May 5, 2019 | 1:14 pm
