Obscure coal stock with 2,900% gains is world’s star IPO in 2023 PT Petrindo Jaya Kreasi stock has surged since its listing in March, following a $25 million offering. Bloomberg News | November 28, 2023 | 8:31 am
Tanzania plans new $5.6 billion rail to iron ore, coal-rich area The Mtwara-Mbamba Bay railway with spurs to Mozambique, Zambia and Malawi was first proposed two decades ago. Bloomberg News | November 28, 2023 | 8:22 am
Platinum mine disaster kills 11 workers in South Africa The accident occurred at a mine owned by Impala Platinum Holdings when an elevator, transporting workers to the surface, malfunctioned. Bloomberg News | November 28, 2023 | 7:53 am
Aluminum price climbs as Goldman sees larger supply deficit The bank sees a global shortage of 1.23 million tons of primary metal next year, almost double the deficit in 2023. Bloomberg News | November 27, 2023 | 8:17 am
Battery prices are falling again as raw material costs drop Prices of key battery metals — especially lithium — have fallen dramatically since January. Bloomberg News | November 27, 2023 | 7:08 am
China’s property stimulus creates iron ore price conundrum Can you end a years-long property crisis without triggering a surge in the commodity that stands to benefit most? Bloomberg News | November 26, 2023 | 2:22 pm
Panama copper miners attacked by protesters, union boss says Protesters attacked workers leaving the Cobre Panama mine early Sunday. Bloomberg News | November 26, 2023 | 9:51 am
Anglo consults South Africa on potential platinum, iron job cuts Miner is considering cutting jobs at two units in South Africa because of declining platinum-group metal prices. Bloomberg News | November 24, 2023 | 7:02 am
South Africa’s climate pact to channel money to coal belt Investment plan for a $8.8 billion pledged in climate finance will see part of the money spent in Mpumalanga, the country’s coal-mining and power plant hub. Bloomberg News | November 24, 2023 | 6:55 am
First Quantum suspends copper production in Panama amid blockade The future of Cobre Panama faces uncertainty after widespread protests erupted last month. Bloomberg News | November 23, 2023 | 10:13 am
EU and US delay key trade meeting amid deadlock in negotiations The delay comes as negotiations to agree on global steel accords and a critical minerals deal have both stalled. Bloomberg News | November 23, 2023 | 9:07 am
BNP Paribas cracks down on mining clients exposed to coal The European Union’s biggest bank will no longer provide financing to projects dedicated to the extraction of metallurgical coal. Bloomberg News | November 23, 2023 | 7:09 am
