Bloomberg News

Rio says Chinalco pact for $1B Simandou stake has lapsed

Rio and Chinalco have decided to explore other options to realize value from the project.

India court asks regulator to decide on Tata, Adani power relief

The plants haven’t been running at full capacity after the court ruled last year that a change in regulations overseas couldn’t be a ground for increasing power prices.

Spend don't splurge, investors tell miners as M&A, capex surges

Capital expenditure among the 10 largest metals and mining companies is forecast to advance to about $35 billion this year, the first annual rise since 2013.

Yanzhou Coal's Australia bet wins over Goldman on price gain

Yanzhou Coal Mining Co.’s high-profile acquisition of assets in Australia last year is set to pay dividends

Barrick's bet on African gold maestro faces first test in Congo

While Kibali has been a crowning achievement for Randgold, it’s set to challenge Mark Bristow's trouble-shooting skills even before he takes over as CEO of the enlarged company.

‘Blood gold’ controversy forces industry transparency push

The goal: to stop the metal’s use as a convenient financing tool for South American guerrillas, armed African rebels and drug traffickers.

Goldcorp 'miserable quarter' sends shares to 16-year low

Operating results were hurt by lower output of all metals from the company’s Peñasquito mine, while costs climbed.

Amazon's mining treasure at stake as Bolsonaro leads Brazil vote

Jair Bolsonaro is on the cusp of winning Brazil’s presidency, leading the latest polls by double digits, and the mining community is salivating.

Freeport CEO says miner not actively looking to sell itself soon

Any strategic move would be possible -- as long as it’s in the best interests of shareholders.

Metal more common in moon rocks could transform planes and cars

Scandium conundrum

Amazon's mining treasure at stake as Bolsonaro leads Brazil vote

The mining community is salivating.

Lithium giant's wobble shows meeting demand growth not so easy

SQM revealed a five-week delay in a project to increase annual capacity.

Barrick favors taking back control of Acacia Mining

No final decision has been made, and it’s also not clear whether all three of Acacia’s Tanzanian gold mines will be brought back into Barrick.

Anglo will dig more platinum and diamonds than expected

While prices remain stagnant and demand uncertain, the company is churning out more stones than at any other time in the past decade.

Rattled investors await Caterpillar with 'glass half empty' view

 After nine consecutive quarters of better-than-expected profit, Caterpillar Inc. still has some skeptics.

Jacobs to sell energy unit to WorleyParsons for $3.3B

The deal is part of Jacobs’ strategy to optimize its portfolio with a focus on higher-growth, higher-profit infrastructure and commercial projects - CEO

Strike at Shougang's iron ore mine in Peru halts exports-manager

Some 800 workers, including at the port San Juan de Marcona, have taken part in the indefinite strike after negotiations over a new contract broke down.

Gold price tempts BofAML to wager on short-term bullish options

The yellow metal has risen about 3percent this month, after six straight months of declines that’s left it down almost 6 percent year-to-date.

Coronado to list in Australia after country's biggest coal IPO

Coronado Global Resources Inc. raised $550 million in Australia’s biggest coal initial public offering after selling securities at the bottom end of the marketed range.

Boom in EV batteries helps suppliers older than Ford’s Model T

Brazil's Vale expects the EV revolution to boost battery market nickel demand to as much as 700,000 tons in 2025, from just 36,000 tons this year.

Why a no-deal Brexit risks freezing London’s diamond trade

The U.K. is currently just one of six EU countries allowed to import and export rough diamonds. Once stones enter Belgium and Portugal, they’re then free to move around the region.

Hudbay investor is said to seek changes to miner's board

Waterton Global Resource Management has expressed its concerns to Hudbay Chairman Alan Hibben, telling him that it would reserve the right to do anything it deemed necessary to improve the company’s performance, said sources.

Freeport CEO may be ready to sell, but are there any buyers?

With its biggest stock overhang and a deal around its flagship asset in Indonesia close to being solved, the miner has said all options are open, even potentially a sale of the entire company.

Hedge funds reeling from gold jump have five charts to watch

Hedge funds that doubled down on bearish gold wagers are facing a gut check.

World's top miner embracing the boom in electric car batteries

BHP Billiton Ltd. is boosting sales of the top-quality nickel that’s needed for electric vehicle batteries, another sign that the world’s biggest miner is targeting more opportunities in the booming sector.