Billionaire Beny Steinmetz’s mining company sought bankruptcy protection in the US, two months after losing a $2-billion arbitration award to Brazilian mining giant Vale SA. The court filing by BSG Resources on Monday could stymie Vale’s effort to enfo…
Steinmetz’s BSGR bankruptcy fends off Vale’s $2bn award Read More »
The race by Tesla, Samsung SDI and other technology giants to secure supplies of lithium — a key ingredient in batteries for electric vehicles and smartphones — is creating a unique chance for two global mining superpowers to reap more value from their…
Lithium mining superpowers seek riches as battery makers Read More »
With rare earths in the cross hairs of the US-China trade war, there’s a sharp focus on who else can sell the critical minerals.
Russia could become one supplier. The country accounts for less than 2% of global production, but owns the world’s fourth-…
Russia owns lots of rare earth but mines little. That’s changing Read More »
Gold is finally seeing some bullish momentum as trade war ructions escalate. President Donald Trump’s tariff salvo trained at Mexico boosted the metal, which has been weighed down by the strong dollar.
Bullion prices advanced to a two-week high to hea…
Gold climbs as Trump move on Mexico shows ‘no country is safe’ Read More »
Canadian resource companies are choosing to invest abroad at record levels, amid waning global interest in the nation’s energy and mining assets.
Statistics Canada reported Thursday that Canadian-based energy and mining companies invested a net C$15.5…
Canadian resource companies investing abroad at record levels Read More »
The Ohio House of Representatives on Wednesday approved a measure that would subsidize the state’s struggling coal and nuclear plants after lobbying from a member of President Donald Trump’s re-election campaign.
Bob Paduchik, who also led the Ohio T…
Trump campaign official lobbies for Ohio coal, nuclear subsidies Read More »
Six years after being carved out of a handful of unwanted gold operations, Sibanye Gold has become the world’s biggest platinum miner.
Building on operations spun out of Gold Fields., Sibanye became the No. 1 miner in South Africa’s waning gold indust…
After M&A spree, Sibanye is now the world’s largest platinum miner Read More »
Investors with long memories might be forgiven for a sense of deja vu over warnings about rare earths and Chinese supply.
Chinese state media reports grabbed global attention Wednesday as they dropped heavy hints about export cuts. Rare earths – a gro…
Cautionary rare earths tale found in Molycorp’s rise and fall Read More »
US consumers of rare earths including makers of magnets used in electric vehicles, drones and robots are likely to scramble for supply of the minerals should China curb exports as the trade war deepens. Here’s a list of alternative exporters that Ameri…
Here are China’s rivals in shipping rare earths to the US Read More »
Eurasian Resources Group and China Non-Ferrous Metals expressed interest in buying Konkola Copper Mines, should the Zambian government succeed in seizing it from Vedanta Resources, people familiar with the situation said. Eurasian Resources, owned by t…
Vedanta’s KCM unit said to attract Kazakh, Chinese interest Read More »
