Glencore-Led Group to Buy Teck’s Coal Business
Updated Nov. 14, 2023 5:10 am ETCanadian miner Teck Resources said it is selling its coal assets to a group...
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Exxon Makes Lithium Play in Long-Term Bet on EV Demand
Updated Nov. 13, 2023 10:02 am ETExxon Mobil said Monday it is starting to drill for lithium in Arkansas and...
Diamonds Are on Sale. They Won’t Be Forever.
A postpandemic glut has led to falling prices for some gems, but they are likely to bounce back. Source link
Mining Deploys Innovative Tech to Find Copper, Other EV Metals
Miners are turning to machine learning, cutting-edge chemistry and other innovative means to increase the supply of critical materials such...
WSJ News Exclusive | Glencore Approaches Teck Over Its Coal Business
The commodities giant is willing to buy Teck’s unit as an alternative to a full merger. Source link
A Onetime Paper Maker Is Now the King of Lithium
Charlotte, N.C.-based Albemarle, which began as a paper mill in 1887, has become a key cog in a tight global...
Rise of EVs Drives Mining Deals to Decade High
Mining companies are back at the deals table as they battle for control of commodities essential for making electric cars...
Glencore Returns to Acquisitions With Offer for Teck Resources
BusinessCanadian miner rejects unsolicited offer from Swiss-based commodity company Source link
Europe Moves to Revive Mining to Cut Reliance on China
Competition for supplies of minerals and metals—and anticipated battery demand—is pushing the European Union to jump-start an industrial sector that...
Newmont Proposes $17 Billion Takeover of Australia’s Newcrest Mining
BusinessU.S. gold producer makes second offer after Newcrest rejected an earlier proposal as too low Source link
Regulations Set to Be Issued This Year Will Determine Course of Deep-Sea Mining
Deep-sea mining for battery materials has gained significant interest over the past year, but 2023 is set to be a...
Home Prices Slid in September for Third Straight Month
EconomyU.S. EconomyCase-Shiller index fell 1% in September from August amid higher interest rates Source link
Coal Miner Peabody Energy in Deal Talks With Australian Rival Coronado
ADELAIDE, Australia— Peabody Energy Corp. BTU -2.62% is in talks to combine with an Australian rival that could result in...
BHP Earnings Nearly Triple as Coal Prices Run Hot
ADELAIDE, Australia—BHP Group Ltd. said its annual profit nearly tripled as it benefited from the sale of its petroleum business...
Uber Revenue Doubles, Sending Shares Surging
Uber UBER 18.90% Technologies Inc. doubled quarterly revenue, improved its financial performance and said high inflation was causing more people...
South Africa’s Gold Fields Buys Canada’s Yamana in $6.7 Billion Deal
The Granny Smith gold mine in Australia, operated by Gold Fields, which has been working to diversify its operations outside...
Glencore Settles Corruption and Bribery Charges in U.S., U.K., Brazil
Glencore GLNCY 2.01% PLC said Tuesday it would pay at least $1.2 billion and two business units would plead guilty...
Why It’s So Hard to Keep Russian Diamonds and Gold Out of the U.S. Despite Sanctions
Russian gold and diamonds could still be sold in the U.S. despite being sanctioned, lawmakers and industry participants say, unless...
Canadian Pacific Railway Work Stoppage Threatens New Supply-Chain Snarl
Canadian Pacific Railway Ltd. trains were halted Sunday morning following an impasse in contract negotiations between the company and its...
A New Meme-Stock Frenzy Led AMC to Gold Mine Stake
Day traders looking to capitalize on commodity price volatility catalyzed a chain reaction that ended with movie theater giant AMC...
