As China throws its weight behind new global economic sanctions against North Korea, a lively trade in coal—legal and through rampant smuggling—is likely to recede further. Shipments of seafood and iron ore will be curtailed for the first time.
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Swiss mining and trading giant Glencore reported strong first-half results benefiting from rising commodity prices as it continues to recover from a downturn that sparked widespread worries about its financial health and caused an investor revolt.
Glencore is betting that being in the “right” commodities for a battery and electric car dominated future is more important than big cash payouts now.
West Virginia Gov. Jim Justice is asking President Donald Trump to extend his support for the coal industry by providing some $4.5 billion a year in federal funding for eastern coalfields.
Canada’s foreign minister says she couldn’t predict when an agreement might be reached on a lumber dispute that could complicate the start of talks on revamping Nafta.
International miners that flocked to Tanzania for its low taxes and friendly laws are running up against a populist president eager to gain a greater share of mining revenue for the African nation.
A contest to equip Australia’s military with new armored vehicles is emerging as an economic battleground for regions hit by mining and manufacturing downturns, with one bidder pledging to revive a pivotal part of the country’s former auto industry.
Aluminum may not be the new steel, according to a new study, as auto makers’ use of a single predominant lightweight material such as aluminum in vehicles like Ford’s F-150 pickup is giving way to a patchwork of materials replacing heavier sheet metal.
Gold prices rose for the second day in a row Friday, on slower-than-expected U.S. economic growth and increased worries over political risks.
Glencore is under investigation by Canadian regulators for more than $100 million in payments a subsidiary made to a company owned by an Israeli businessman who has been accused of bribing Democratic Republic of the Congo officials.
Earning season for the world’s biggest mining companies started off strong when Anglo American reported a surge in profit and reinstated a dividend it had slashed two years ago amid a gut-wrenching commodities slump.
Caterpillar signaled cautious optimism about the global economy as it offered fresh evidence that it was recovering in many of its markets from a yearslong sales slump.
The U.K.’s Serious Fraud Office said Monday it opened an investigation into suspected corrupt activities by mining giant Rio Tinto in Guinea.
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Australia’s Future Fund led a $115 million Series D round, according to a person familiar with the situation, for a Massachusetts-based company that has yet to ship its first product.
A looming global diamond shortage is driving a small band of adventurous miners to brave bone-chilling winds at the world’s highest mines to extract stones that are worth as much as 20 times the global average.
Copper prices advanced Tuesday on a potential supply disruption amid labor unrest in Chile.
Germany’s Klöckner, a metals trading and processing firm, supports the Trump administration’s plans for additional tariffs on Chinese-made steel, said its CEO.
Copper prices rose, as a halt in recent inventory increases fueled a mild rally. Gold, meanwhile, advanced as the U.S. dollar fell.