Bloomberg News

VanEck shares Paulson's concerns on Newmont-Goldcorp merger

Mounting investor concerns sent Goldcorp shares tumbling in New York.

U.S. coal miners are shovelling more money than ever at investors

Strong export prices are providing healthy cash flows for now. But with U.S. utilities largely shifting to cheap natural gas and clean renewables, there’s not much reason to dig new mines or scoop up acquisitions.

SK Innovation CEO sees EV battery business breaking even by 2021

The South Korean company is weighing a $10B plan to use new facilities to boost its battery cell manufacturing capacity to about 100 GWh by 2025, a move that would challenge sector leaders including Tesla.

Cyclone lurks off West Australia as storm hits Rio mine in East

Cyclone Trevor is expected to rapidly strengthen as it moves into the Gulf of Carpentaria, and is forecast to skirt South32 Ltd.’s manganese mine and a Glencore-operated zinc project

Silver demand in India set for 4-year high on farm cash payout

Silver prices in India have been relatively stable for the last two years, and are about half their 2011 peak.

Crescat Capital says buy gold, sell stocks in 'trade of century'

Going long gold in yuan terms and shorting global equities currently explains three-quarters of the hedge fund’s strategy.

U.S. sanctions Venezuelan gold company for supporting Maduro

This is the sixth round of sanctions since January by the U.S., which is seeking to wrest power and the military’s loyalty away from Maduro.

'Radical’ foes, red tape lob doubt into Ecuador mining quest

Ecuador has tethered its economic fortunes to a burgeoning mining industry. Now it just needs to get bureaucrats and community leaders on board.

Biggest trading in copper options ever signals supply troubles

According to Citigroup analysts, copper production will trail consumption by 116,000 metric tons this year, a second straight deficit.

Cyber attack hits operations at aluminum maker Norsk Hydro

The company couldn’t detail how much output had been impacted, but said the so-called potlines, which process molten aluminum and need to be kept running 24 hours a day, had switched to manual mode.

How much oil is displaced by electric vehicles? not much, so far

Electric vehicles are taking ever-bigger bites out of global oil demand, but they haven’t yet caught up with the growing size of the pie.

Chile’s GDP gets a jolt from rising mining and investments

In the fourth quarter, total mining output increased 3.1% from the previous three-month period and 1.3% from a year ago.

South Africa faces sixth day of blackouts as Eskom stumbles

The staggered power cuts are crippling businesses and leave roads gridlocked in cities throughout Africa’s most-industrialized economy.

Hollywood tops mining, crop production in employment, MPAA says

The production and distribution of TV shows and movies employ more people in 34 states than the combined total from the mining, oil and natural gas industries.

Bristow taking Barrick helm aids talks, Tanzania AG Says

A multibillion-dollar tax dispute between Barrick Gold Corp. and Tanzania's government could be resolved by May.

The coal miner who bet everything on U.S. power markets and lost

Eleven years ago, Cloud Peak Energy Inc. made an all-or-nothing bet its rivals were unwilling to match: that coal would remain indispensable to the U.S. power sector.

Massive storm hits wheat, cattle, mines in U.S. heartland

Blizzard-like conditions in the Dakotas, western Nebraska and Kansas are stressing winter wheat, inundating mines and disrupting ranches.

Anglo American hands land to South Africans amid expropriation push

The world’s top platinum supplier is handing over 270 hectares (667 acres) of land to people living in Rustenburg, northwest of Johannesburg. That almost doubles the area it has given to communities to 473 hectares since 2014.

Funds blast Goldcorp chair's 'terrible' $12 million package

Goldcorp’s attempt to top-up its chairman’s retirement haul has met significant resistance.

Once-mighty Canadian mining losing ground to global competitors

Mega-mergers by Canada’s two largest gold companies, Barrick Gold Corp. and Goldcorp Inc., stand to erode its global influence.

Fiat recall means palladium users bracing for 'supply shock’

Fiat Chrysler’s recall of almost 862,520 gasoline-fueled vehicles could spur additional demand for the palladium market already reeling from shortages.

Sierra Leone sees IMF support as crucial to luring investors

Once one of the great hopes of West African mining, Sierra Leone was hit by the iron-ore price collapse and the Ebola epidemic around the same time.

Mining's dirty secret faces a climate reckoning

Producing a single metric ton of steel in a blast furnace typically releases around 2.3 tons of carbon dioxide, not much less than you’d get from burning a ton of thermal coal for energy.

South Africa union threatens Eskom 'shutdown' ahead of vote

The labor group is planning a march to the ruling African National Congress’s Johannesburg headquarters on March 30.

Abramovich's Nornickel sale shows taste for Russian stock deals

Roman Abramovich’s sale of a stake in Russia’s biggest mining company shows investor appetite for the country’s assets is returning.