June 18, 2020

Shandong Gold to buy Cardinal Resources for $221 million

The deal continues a recent M&A flurry by Chinese gold firms.

June 17, 2020

Energy demand growth was slowing before covid-19, says BP

The oil major’s annual Statistical Review showed that growth in primary energy consumption slowed to 1.3% in 2019.

June 16, 2020

Copper blind-sided by the strength of Chinese recovery

Mine closures have grabbed the headlines but the bigger supply disruption has taken place in the copper scrap sector.

June 16, 2020

Barrick sells majority stake in Shandong for $210 million

Both companies have been partners in the Veladero mine in Argentina.

June 16, 2020

Tesla strikes deal to buy cobalt from Glencore for EV plants

The deal could involve Glencore supplying as much as 6,000 tonnes of the metal a year for lithium-ion batteries.

June 15, 2020

Gold and iron ore are doing equally well. Their miners are not

Shares in Rio Tinto are down 4.8% so far this year. Stock in BHP is down 9.6%.

June 15, 2020

Gold price slumps despite fears of second virus wave

Spot gold fell 0.7%, while US gold futures declined 0.6%.

June 15, 2020

Charging points surge ahead of electric car boom

The number of publicly accessible charging points for electric vehicles (EV) jumped 60% in 2019.

June 15, 2020

China Moly chairman steps down, takes M&A role in reshuffle

China Molybdenum Co chairman Li Chaochun has resigned from his position but will remain vice chairman and chief investment offer in a […]

June 14, 2020

Russia’s gold mine production growth to overtake China’s by 2029 – report

Fitch Solutions predicts that Russia’s gold production will grow from 11.3moz in 2020 to 15.5moz in 2029.