Bloomberg News

First Quantum is said to offer $700m for Zambia mine

The deal would also include ZCCM-IH dropping a $1.4 billion legal claim against First Quantum over a loan the company received from Kansanshi.

Africa Mining Indaba: Dam safety, Zambia taxes, Ford on cobalt

Executives, investors and government officials met in Cape Town at the African Mining Indaba, the continent’s biggest gathering of one of its most essential industries.

Lithium giant's landmark deal is big step to battery 'dream'

Chile's development agency Corfo doesn't know whether the county we’ll ever make vehicles, but it would like to at least see battery parts produced locally.

Maduro halts 20-tonne gold shipment as jet flies off empty-handed

You will face severe sanctions if you allow Nicolás Maduro to steal the gold that doesn’t belong to him.

Michigan gas outage seen boosting Trump bid to save coal plants

Fuel diversity is the increasingly overlooked but deeply important element of a reliable supply of power.

Dam collapse – chronicle of disaster foretold: Balance of power

Vale dam collapse highlights a mix of failed government oversight and laws that favor mining interests over public safety.

Oil town fights man camps in effort to boost local population

We want more people living in this region and calling this home.

SNC’s mystery problem has analysts pointing to Chile after rout

SNC-Lavalin Group Inc. won’t reveal the location of a “serious problem” in its mining business that fueled an epic share rout on Monday.

Fort McMurray fighting temporary oil sands worker camps in effort to boost population

In past years, most oil sands projects were either cancelled or put on hold as majors including Royal Dutch Shell Plc and ConocoPhillips sold their operations to local producers.

Venezuela has 20 tons of gold ready to ship. Address unknown

I’m going to start bringing Russian and Turkish airplanes every week so everybody gets scared.

In Maduro's Venezuela, even counting gold bars is a challenge

The country’s once vibrant exploration activity plummeted after Chavez came to power in 1999 and nationalized foreign companies’ mining licenses and assets.

TransCanada taps RBC for gas line stake sale amid new opposition

The line would connect gas fields in western Canada’s prolific Montney shale formation with the C$40 billion LNG Canada project on British Columbia’s coast.

Vedanta’s Zambia unit says new tax regime won't affect jobs

“Our actions are designed to sustain and create jobs, grow the economy, and contribute more to the treasury.”

Brazil mine disaster prompts Bolsonaro rethink on environment

Bolsonaro and his cabinet are swiftly dialing back promises of deregulation.

Samarco unveils restructuring talks as Vale spill hits bonds

"Negotiations may or may not continue," the company said in statement.

Vale's management team on thin ice as spill fallout snowballs

“Before pointing out fingers we need to see what happened first”

Petra slumps as it digs up too many cheap South African diamonds

Petra has been seeking to turn around its fortunes after piling up debt to expand its flagship Cullinan mine in South Africa.

India iron ore output seen at 9-year high before leases expire

“It’s a shame if we say that we are importing iron ore. It’s like selling ice to the eskimos”

Caterpillar profit misses as trade strains start to bite

The overall economic outlook “doesn’t bode well for the whole group.”

Investors ask how Vale failed to stop repeat of dam disaster 

“How can they let this happen again?” Melo said. “They wiped out our city.”

Vale analysts see charges, lawsuits, halts undermining stock

Vale plunged as much as 20 percent in Sao Paulo on Monday, the biggest intraday drop since October 2008.

In Germany's plan to phase out coal, a big polluter will benefit

“We believe that clarity, compensation payments, and a relatively long phase-out period should trigger a re-rating for the company’s conventional power generation,” said analyst Guido Hoymann.

Barrick CEO on Zambia tax dispute: Threats don't solve problems

“We don’t believe that threatening one’s partner is a constructive way to go about solving problems.”

Goldman says commodity investors fear future in age of Trump

Political uncertainty means there’s no time like the present when it comes to commodities trading, according to Goldman Sachs Group Inc.

Loophole lets Norway's $1 trillion fund boost its coal exposure

Norway’s massive sovereign wealth fund has increased its exposure to coal reserves even after imposing restrictions on investing in the fossil fuel according to a report.