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.

November 1, 2022

Vale to study implementing ‘mega hubs’ in Middle East countries

Vale is expected to build and operate iron ore concentration and briquetting plants within the hubs.

November 1, 2022

Stretchable lithium-ion battery packaging developed to give wearable devices a boost

The solution brings wearable devices closer to becoming more feasible, opening up opportunities in the medical field.