Zimbabwe to introduce gold-backed digital currency
Zimbabwe will soon introduce a gold-backed digital currency meant to stabilize the local unit from its continued depreciation against the dollar.
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Blackbeard didn’t trade with coal, recent discoveries show
The US Navy is to blame for some coal found on one of Blackbeard’s ships.
Germany fights to green production of most important commodity
Steel is the most important material for Germany’s manufacturing sector, going into everything from Volkswagen automobiles to the advanced machinery made by Siemens.
Biden plans to slash planet-warming pollution from power plants
The Biden administration is preparing to propose stringent limits on greenhouse gas emissions from coal- and gas-fired power plants.
Russian billionaires see wealth rise to over half a trillion dollars
Vladimir Potanin, president and biggest shareholder of Nornickel, was ranked as the second richest in Russia.
Lundin Mining CEO eyes Chile exploration, growth after big M&A bet
The company is setting targets for its new Caserones mine and waiting to expand its existing Candelaria mine.
Greenhill ranked top mining M&A financial adviser by value in Q1 2023 – report
Greenhill & Co. achieved the top position in terms of value by advising on $3.4 billion worth of deals.
Letko Brosseau to vote in favor of Teck’s separation plan
The Montreal-based investment firm says it does not find the offer put up by Glencore attractive.
Top stocks plummet after Chile brings lithium industry under state control
Shares in the world’s top two lithium producers are tanking after Chile said their contracts will not be renewed and prices for the battery metal continue to fall.