Bavaria, Germany’s industrial powerhouse, wants the nation to stop burning coal by 2030, eight years before Chancellor Angela Merkel’s deadline.
Germany’s plan to exit the fossil fuel is unrealistic and won’t work unless a more aggressive target is se…
Bavaria seeks fast-track German coal exit in snub to Merkel plan Read More »
President Cyril Ramaphosa’s latest pledge to support Eskom Holdings is good news for the cash-strapped electricity company — but some investors are balking at the prospect of increased sovereign-bond issuance to pay for the bailout. Ramaphosa told law…
Eskom’s gain South Africa’s pain as investors balk at debt Read More »
Gold’s bullish momentum has rolled into a new week.
Prices extended their advance above $1 400/oz, near the highest level since September 2013, after the Federal Reserve and other central banks turned more dovish on monetary policy.
Gold gains to near highest since 2013 as bulls ‘back in control’ Read More »
erman utility RWE AG is reviewing damage done by environmental campaigners who accessed the company’s Garzweiler openpit mine in Germany’s Rhineland on Saturday.
There were five arson attacks on pump stations and electricity transformers amid the prot…
RWE reviews mine protest damage, says power plants not at risk Read More »
In the world of metals and mining, sometimes it’s better to sell the raw product rather than the finished one.
This seems to be a lesson for investors who chose to hold shares in ArcelorMittal rather than Rio Tinto Group this year. Despite nagging tra…
Rio and ArcelorMittal tell different sides of iron-ore story Read More »
The National Union of Mineworkers (NUM), which dominated organised labour across South Africa’s platinum belt until the massacre at Lonmin’s Marikana mine in 2012, is plotting a comeback. By the end of this year, the union wants to represent 30% of the…
Ramaphosa’s old union seeks South African platinum mine comeback Read More »
The US Commerce Department has recommended the White House take steps to protect the domestic production of uranium after finding the nation’s reliance on imports was a national security risk, said three people briefed on the matter.
Among the trade r…
Trump weighs limits on uranium imports after Commerce cites security risk Read More »
China National Gold Group, the nation’s second-biggest miner of the metal, is studying a bid for a stake in Canada’s Iamgold, people familiar with the matter said. Iamgold shares jumped the most in more than four years.
The state-owned gold miner is w…
China National Gold studies bid for Canadian miner Iamgold Read More »
Rio Tinto Group is looking at new ways to develop the giant Simandou iron-ore deposit in Guinea that it almost sold last year, according to people familiar with the matter. Simandou is one of the world’s biggest untapped mineral deposits, but has a con…
Rio Tinto renews work on giant Guinea iron-ore deposit Read More »
Gold jumped to the highest in more than five years after the US Federal Reserve indicated a readiness to cut interest rates and the dollar tumbled.
Gold had a lackluster start to the year but gained momentum this month as investors sought havens amid …
Gold spikes to more than 5-year high as Fed signals ready to cut Read More »
