Bloomberg News

Canadian exporters continue to struggle even with rising oil

Canada recorded smaller trade deficits than expected in the first two months of 2019 on a rally in oil prices.

Trump's former interior secretary joins board of gold miner

Zinke left his post in January amid several federal investigations into his travel, political activity and potential conflicts of interest.

Uranium industry weighs rules that have bomb watchers twitching

United Nations officials and atomic regulators are poised to loosen rules on the industry, unlocking finance to take more radioactive material out of the ground without corresponding new checks.

Trafigura to take over world's second-largest zinc smelter

Trafigura Group will take control of Nyrstar NV as part of a deal to restructure the struggling company’s debt and steer it away from bankruptcy.

China isn't ready for iron ore deficit, Steelhome's Wu says

The founder of Shanghai Steelhome Information Technology Co. said disruptions will amount to 60 million tons of lost supply this year.

Metallon halts output at three Zimbabwe gold mines over debts

A South African newspaper reported that the owner of the company is considering selling the operations.

Platinum edges out of doldrums at last as labor threat looms

After months of being ignored in favor of market darling palladium, platinum is finally getting some attention from investors.

Lithium giant lifts outlook with 2018 fizzle in rear-view mirror

Chile's SQM, the world’s second-largest lithium miner, said expansion plans had gone better than expected and that sales would likely beat its forecasts for this year.

Sibanye raises more cash with $125m Citi prepayment

This is the second major step by the company this week to build up cash as it faces a drawn-out labor dispute.

Coal's collapse crowns winners and losers from China to the US

It’s been a stormy month for benchmark coal prices in Asia, with the potential for reverberations across the globe.

South African gold output has longest losing streak since 2009

Gold output fell 21 percent from a year earlier compared with a revised 23 percent drop in January.

Zimbabwe, Russia sign $4B platinum mine deal

The mine would be built on one of the largest platinum mining concessions in the country.

Newmont bondholder revolt may put Barrick on hook for debt

The creditors are reportedly trying to block an amendment Newmont is seeking for a large tranche of notes associated with its operations in Nevada.

Don't bet on platinum miners boosting supply on price surge

Prices for platinum, palladium and rhodium have all gained in recent months, boosting earnings for miners in top supplier South Africa.

World's biggest platinum miner braces for tough wage talks

The largest union in the platinum industry wants its members to share the benefits of higher prices.

Indonesian gold miner Amman is said to consider $600m IPO

The company is reportedly working with advisers to list in Jakarta as early as the fourth quarter.

As Goldman backs off, Citi says chase iron ore rally to $100

Iron ore’s poised to hit $100 a ton, according to Citigroup, which highlighted “very, very low” seaborne cargoes just as data from China may show a pick-up in demand.

A million tonnes of copper is on the way: it may not be enough

Giant mines currently under construction will churn out an additional one million tonnes of copper through 2023, but that won’t be enough.

First bikes, then cars, now diggers as batteries' reach spreads

Komatsu’s “zero-emission” electric digger mirrors a push by global automakers to produce vehicles that meet stricter emissions standards.

China's Tewoo is said to sell copper at below-market rates

One of China’s top commodity traders is reportedly offloading refined copper at below-market rates and using the metal as collateral in financing agreements with banks.

Barrick’s deal-making chairman awarded $12.9m in 2018

John Thornton received a $9.74 million bonus on top of his $2.5 million salary, but used most of the after-tax proceeds of the bonus to buy 215,000 Barrick shares, according to a company's filing.

China continues gold-buying spree as PBOC adds for fourth month

The world’s second-largest economy expanded its gold reserves for the fourth straight month, adding to optimism that central banks globally will continue to build holdings.

Norway wealth fund to tighten coal ban, add green infrastructure

The government proposes to expand its coal ban by adding absolute caps on production of thermal coal, or its use in power generation, which would target big companies.

Profitable coal trade beckons buyers brave enough to test China

It’s high quality and the price is a bargain, but the risk may be too great for Chinese buyers looking for a quick profit.

Hunt for Canada's vast diamond riches reaching an end

Iconic mines, including Ekati and Diavik are now old, tired and running out of diamonds; they will likely both close soon. So far, operations that were designed to replace them aren’t faring well either.