Billionaire Adani Adds More Detail on $70 Billion Green Push

Adani flagship’s profit falls 50% as coal revenue plummets

Billionaire Gautam Adani's flagship firm is facing headwinds after having battled a brutal short seller attack earlier this year.

Bloomberg News | November 2, 2023 | 6:58 am

HSBC takes stab at using blockchain to modernize London’s antiquated gold market

HSBC has launched a platform that uses distributed ledger technology to tokenize ownership of physical gold held in its London vault.

Bloomberg News | November 1, 2023 | 9:57 am

China to invest $2.8 billion in Zimbabwe in lithium, energy

The planned investment, a tenfold increase on the $271 million pledged in the same period last year, dwarfs that of its closest rival, the United Arab Emirates,

Bloomberg News | November 1, 2023 | 4:16 am

Panama’s investor-friendly image at risk from anti-mining rage

First Quantum’s troubles are playing out in a country led by one of the most pro-business governments in the region.

Bloomberg News | October 31, 2023 | 1:06 pm

Thai central bank favors gold to shield its $210 billion reserve

The Thai central bank has increased its gold holdings over the past three years.

Bloomberg News | October 31, 2023 | 11:01 am

China copper smelters set Q3 treatment charge floor at $55/T

China mulls copper curbs to reduce overcapacity and emissions

It’s a move that has the potential to reshape global trade in the metal.

Bloomberg News | October 31, 2023 | 10:57 am

African lithium project boosts US drive to close EV gap on China

Half of the output from Ghana’s Ewoyaa mine is earmarked for a refinery that Piedmont Lithium plans to construct in Tennessee.

Bloomberg News | October 31, 2023 | 10:19 am

Macron lands in Putin’s backyard seeking new friends and uranium

After finding itself suddenly unwelcome in its traditional sphere of influence, France is casting further afield.

Bloomberg News | October 31, 2023 | 8:13 am

Negotiations over Cobre Panama mine contract near end

Panama electoral court says it can’t hold a mine referendum

President Laurentino Cortizo said on Sunday Panama would hold a referendum to decide whether to scrap a contract with First Quantum.

Bloomberg News | October 30, 2023 | 12:04 pm

Kazatomprom's Q3 profit surges on higher sales

Hedge funds pile into uranium stocks set for ‘dramatic’ rise

Several hedge fund managers have started ratcheting up their exposure to uranium stocks, as they bet on significant price gains.

Bloomberg News | October 30, 2023 | 8:33 am

Tycoon running a quarter of China’s copper trade is on the ropes

Traders abandon China’s ‘copper king’ as metals woes spread

More than a dozen employees have left Shanghai-based copper traders affiliated with Chinese conglomerate Amer International Group Co. in the past few weeks.

Bloomberg News | October 30, 2023 | 7:39 am

Myanmar's Wa militia to suspend mining in its zone from Aug, tin prices jump

China’s fraying ties to Myanmar’s tin hub threaten key supply

Since the discovery of large deposits in Wa State, Myanmar has become a crucial tin producer.

Bloomberg News | October 30, 2023 | 7:07 am

First

Last

Posts by Bloomberg News: