Hurricane Helene halts quartz mines needed for chipmaking The halt in operations could affect global supply chains that depend on semiconductors to make phones, solar panels and other technology. Bloomberg News | October 1, 2024 | 7:02 am
Saudi’s mining minister sees no obstacles to dealmaking in Canada Canada’s government introduced new rules in 2022 that added a layer of regulatory scrutiny to investments by foreign state-owned entities. Bloomberg News | October 1, 2024 | 6:53 am
Barrick reaches deal with Mali after reports staff were detained Mali’s junta in 2023 adopted a new mining code that could see the government increase its stake to 35% in existing gold mines. Bloomberg News | September 30, 2024 | 12:58 pm
Aluminum spread jumps again as traders eye Trafigura position Traders are also focusing on a single large long position in the October aluminum contract, which is held by Trafigura. Bloomberg News | September 30, 2024 | 10:43 am
Sinomine says it will build lithium sulfate plant in Zimbabwe The company's Zimbabwean unit plans to build a $500 million lithium refinery in the next 3-5 years, even as the company currently loses money. Bloomberg News | September 30, 2024 | 10:01 am
China coal hub could lead its energy transition, researchers say Inner Mongolia already has 88 gigawatts of wind and solar capacity, with another 170 gigawatts in the pipeline. Bloomberg News | September 30, 2024 | 9:57 am
Top copper supplier Chile posts best monthly output of this year Production is starting to recover in Chile as Codelco overcomes disruptions at mines and delays at development projects. Bloomberg News | September 30, 2024 | 7:49 am
Codelco’s copper output has begun to recover, chairman says Over the past year, the Chilean state-owned company has seen its output tumble to the lowest in decades. Bloomberg News | September 30, 2024 | 7:44 am
The mavericks of metals are back, rocking a $15 trillion market Despite its significance as the marketplace where global benchmarks for aluminum, copper and nickel are set, the LME and its warehouse system regularly turn into a playground for traders. Bloomberg News | September 29, 2024 | 9:30 am
Sugar giant Cosan mulls selling Vale stake on leverage woes Cosan has a 4.1% interest in the iron ore producer. Bloomberg News | September 29, 2024 | 9:19 am
Panama eyes export of First Quantum’s stockpiled copper Shuttered Cobre Panama mine had accounted for about 1.5% of global copper production and about 4% of Panama’s gross domestic product. Bloomberg News | September 27, 2024 | 4:00 pm
Money managers’ bullish bets on gold jump to four-year high The precious metal reached an all-time high of $2,685.58 an ounce this week. Bloomberg News | September 27, 2024 | 1:36 pm