November 4, 2022

Two South Korean miners rescued from collapsed mine after nine days

Local fire authorities said the two miners walked out of the underground mine that had collapsed after a landslide on Oct. 26.

November 4, 2022

India’s massive silver demand cutting world’s warehouse stocks

Indian silver consumption is forecast to surge by around 80% to a record this year.

November 4, 2022

Saudi Arabia considers new mining index in diversification push

The Saudi government believes it has unused mineral resources worth about $1.3 trillion, with vast quantities of aluminum, phosphate, gold, copper and uranium.

November 3, 2022

Mystery whales baffle gold market after central bank purchases

Central banks bought 399 tonnes of bullion in the third quarter, almost double the previous record, according to the World Gold Council.

November 3, 2022

Five dead after methane leak at ArcelorMittal coal mine in Kazakhstan

The company said it was continuing rescue work at the mine in the Qaraghandy region.

November 1, 2022

G-20 nations provided $693 billion in support for coal, fossil fuels in 2021 — report

Support dragging down progress on reaching Paris Agreement goals, says report by Bloomberg Philanthropies and BloombergNEF.

November 1, 2022

Turquoise Hill delays shareholder meet on $3.3bn Rio Tinto buyout

Rio recently raised its offer but still faces opposition from multiple parties including Turquoise Hill's second-largest shareholder.

November 1, 2022

PIF, Mitsui eye stake in Vale’s base metals business

Vale is seeking to raise more than $2 billion from the deal, Bloomberg sources say.

November 1, 2022

Saudi Arabia courts Australian miners for $170 billion plan

The kingdom says it’s sitting on top of $1.3 trillion worth of untapped mineral deposits including copper, zinc, phosphates, and gold.

November 1, 2022

Vedanta expects revenue to jump to $50 billion in two years’ time – chairman

Vedanta reported $16.05 billion in revenues in the fiscal year that ended in March.