Barrick CEO casts doubts on a Kinross deal given pricey climate

Mark Bristow sees little value in deals for bullion producers across the board after surging commodities pushed up industry share prices.

Bloomberg News | May 4, 2022 | 11:26 am

Barrick builds stockpiles as war adds to inflationary pressures

Barrick has built up stockpiles of mining inputs such as explosives to help counter inflation and supply-chain snarls.

Bloomberg News | May 4, 2022 | 10:36 am

Livent beats profit estimates, raises forecast on higher lithium demand

Livent posted a net profit of $53.2 million for the first quarter, compared with a loss of $800,000 a year earlier.

Reuters | May 3, 2022 | 2:24 pm

Oil drops as China lockdowns overshadow Russian output risk

Crude has swung within a $15 band in the last three weeks as the market weighs the hit to demand from China’s covid wave against supply concerns stemming from bans on Russian crude.

Bloomberg News | May 3, 2022 | 1:28 pm

Warrior Met Coal to restart steelmaking mine project as prices surge

Warrior Met expects to spend $650 million to $700 million during the next five years to develop its Blue Creek mine in Alabama.

Bloomberg News | May 3, 2022 | 9:41 am

Rich nations scramble to seal coal transition deals before COP27

As they prepare for the next round of global climate talks in November, officials from rich countries are trying to pull together a series of multibillion-dollar packages to help poor countries phase out coal.

Bloomberg News | May 3, 2022 | 7:54 am