Bloomberg News

Paulson joined by 15 investors in council to oversee gold miners

The billionaire hedge-fund manager has formed a coalition with 15 other founding members aimed at curbing years of what his hedge fund has called value destruction in the gold sector.

South Africa withdraws draft minerals law; to separate oil, mining

South African withdrew its long-delayed draft legislation for the mining and petroleum industries and plans to come up with separate laws to govern the two.

Coal exports from top shipper hobbled with miners facing constraints

Coal exports from Indonesia will be restrained this year, which could frustrate a plan by the government to ease a burgeoning trade deficit.

Metallon may pay suppliers in gold amid Zimbabwe cash shortage

Metallon Corp. is considering paying mining-equipment suppliers in gold because a cash shortage in Zimbabwe is hampering its plan to expand output.

Top miner sees US – China trade spat limiting global growth

Rising U.S - China trade tensions threaten to curb consumer purchasing power, crimp productivity growth and limit global economic expansion.

Congo expects declaration on strategic metals by end of October

Companies including Glencore, China Moly and Randgold Resources Ltd. have criticized the new laws as violating their rights, as well as being a deterrent to future investment, and are continuing to lobby for it to be significantly modified.

Glencore, China Moly face higher cobalt royalty taxes in Congo

The Democratic Republic of Congo will declare cobalt a strategic metal, imposing a 10 percent royalty tax on producers.

Solar with batteries cheaper than gas in parts of US Southwest

Natural gas-fired power plants will be facing more price competition from solar farms in some parts of the U.S. as battery costs fall.

Base metals drop as trade war angst spurs concern about demand

The U.S.-led trade war fans concern that the showdown will derail otherwise-strong economic growth in the world’s two largest economies.

Ramaphosa gives taste of plan to kickstart South African economy

Ramaphosa revealed highlights of the plan at a Sept. 14 meeting and the full package should be announced at the Oct. 24 midterm budget.

How Anglo quietly built a commodity trader in Glencore's shadow

In just five years, Anglo assembled marketing operations that now sell more metals than the company produces.

Top platinum mines keep digging even as price at decade low

Although about half of South African output is estimated to be unprofitable, few companies are reducing production by a meaningful amount.

Barrick Gold seeks Chinese partners, may slash headcount: Globe

The Canadian miner may slash 400 jobs and involve Chinese partners in its troubled Tanzania operations.

Congo mines minister sees strategic metals decision 'very soon'

Congo’s updated mining code established the category of “strategic” minerals, to which a rate of 10 percent will apply.

RWE fears lignite industry collapse in hasty coal exit by Merkel

Chancellor Angela Merkel’s plan to phase out coal-fired power plants in Germany should stop short of “prematurely” closing brown coal facilities.

Congo plans to build special economic zone for cobalt users

The area will allow producers of electric vehicles, smartphones and other goods to “install themselves in the DRC".

Meet the Shalennials: CEOs under 40 making millions in Texas oil

It’s not hard to see why Sellers and Campbell are in such high demand in this hardscrabble city that has become the global center of the shale revolution.

Exxaro, Seriti are said to mull bids for South32 coal assets

South32’s South Africa Energy Coal unit, the country’s third-biggest exporter of the fuel, was split into a standalone business earlier this year.

European miners enter bear market with more pain seen for sector

Analysts predict more tough times for the sector that has lost more than 20 percent since June.

Is automation destroying jobs? Not exactly: Fully charged

For the time being, at least, American workers are being spared the much-feared job losses from automation.

'Will I come back dead?' Human costs of South African gold

After more than two decades of improving mine safety since the end of apartheid, South Africa’s progress has stalled with an increase in gold-mining deaths.

Electric cars give new life to mine excavated for nuclear power

Demand for a new generation of electric vehicles is breathing life into an Alpine mine.

Zimbabwe will accelerate debt plan, Finance Minister says

Zimbabwe will fast-track plans to settle its debt arrears, a key step needed to restore investor confidence in the country’s economy.

Iraq pumping oil at record levels, unaffected by protests

The country’s crude exports reached a record of 3.59 million barrels a day.

Chinese aluminum gushes onto world markets on Rusal supply fears

Aluminum prices jumped in April after the U.S. announced sanctions on Rusal, the top supplier outside of China.