Bloomberg News

Anglo CEO says investor confidence returns to South Africa

Anglo American mines platinum, coal, diamonds and iron ore in South Africa.

Congo state miner blames foreign investors for underdevelopment

Congo is Africa’s biggest copper producer and the world’s largest source of cobalt.

Gold investors target executives with less skin in the game

A coalition of gold investors, including firms backed by billionaires John Paulson and Naguib Sawiris, is taking aim at mining executives who don’t have enough skin in the game.

'Passionate' electric car owners to drive growth, Shell says

Social desirability is important enough for consumers to ignore that battery-powered technology is currently more expensive than internal combustion engines.

Guinea bauxite miner to build new railway in $3B deal

The 135-kilometer (84-mile) railway, which will link mining operations to a river terminal, will cost an estimated $1.2 billion and is expected to start operations in 2022.

Peru stops miners from exploring Rainbow Mountain tourist area

In the case of Rainbow Mountain, those in favor of conservation appear to have won out.

Venezuela pays miner $425m in move to safeguard Citgo

If the required steps to fully implement the amended settlement do not take place Crystallex will go back to court to seize assets linked to Citgo.

What global rules against 'blood gold'? Small miners have to eat

On Jan. 1, the London Bullion Market Association will introduce a new version of the guidelines that embrace what’s called environmental, social and governance standards.

Shale boom raises specter of new glut: Gulf Coast oil terminals

The race to export U.S. shale oil overseas is about to get fierce.

Mexico mining selloff worsens as concerns grow on law proposals

Grupo Mexico was down 6.7 percent on Thursday at midday local time, while Penoles lost 3.8 percent.

Zimbabwe targets government wage bill to rein in state spending

Zimbabwean Finance Minister Mthuli Ncube cut civil servants’ pay and announced a series of other steps to reduce the government’s bloated wage bill.

Ex-SAS Commander who led Barrick's efforts in Tanzania has left

Richard Williams who served as Barrick’s chief of staff and later chief operating officer was assigned in February to work full-time on securing a deal between the Tanzanian government and Acacia Mining Plc.

The battery boom to attract $620 billion in investment by 2040

The global energy-storage market will surge to a cumulative 942 gigawatts by 2040.

London gold market comes clean: it's not as big as thought

An average of $36.9 billion of gold changed hands each day in the city’s over-the-counter market.

Winning Teck's copper mine prize may come down to more than cash

Teck, which owns 90% of Quebrada Blanca in northern Chile, is looking to sell a 30 to 40% stake to an outside investor.

China's fight against smog makes palladium 2018's best metal

Palladium prices are shattering record highs.

Can central banks go broke? A question for India: Andy Mukherjee

Raiding a little more than half of the $95 billion foreign-currency and gold revaluation account would force the RBI to sell an identical proportion of the related assets, or $190 billion. That would trigger a “cataclysmic deflationary shock” for the economy.

Congo lifts export ban on Glencore's copper and cobalt unit

Katanga Mining and its Kamoto copper and cobalt mine is one of Glencore’s most important growth projects.

Sibanye CEO plans to resume cash dividend payments in 2020

CEO Neal Froneman says he’d consider buying more gold assets in South Africa or elsewhere, once the company reduces its debt.

Gold miner smuggles in workers by night to bypass strikers

Gold Fields is having to sneak maintenance teams into its South Deep mine in South Africa after protesters shot at vehicles trying to enter the site, where workers have been on strike since Nov. 2.

Ghana to raise $750m through London IPO of minerals fund

Ghana will seek to raise $750m through a sale of shares in a fund that will hold the West African nation’s stakes in mining companies and receive royalties.

Miners' spending on hunt for copper, EV metals hits $10 billion

Budgets jumped about 19%, outpacing last year’s gain.

Electric vehicle revolution goes underground with mine truck

Swedish mining equipment maker Epiroc AB is aiming to electrify all its underground machines within five years.

Congo state miner wants meeting over Katanga cobalt-export

“They are taking unilateral decisions that we haven’t verified, that we haven’t certified” - Gecamines President, Albert Yuma

Ray Dalio’s faith in gold unshaken even amid investor exodus

Gold’s second straight quarterly decline was not enough to shake billionaire hedge-fund manager Ray Dalio’s confidence in gold.