[ad_1] AngloGold Ashanti reported lower first-half headline earnings of $140 million, in line with its guidance, as it booked impairments in its Brazilian portfolio, and forecast capex this year of…
Tag: quarrying
How Uranium Can Be a Shelter From Economic Meltdown
[ad_1] Tensions with Russia and insensitivity to economic indicators make the commodity an appealing bet. [ad_2] Source link
WSJ News Exclusive | Glencore Approaches Teck Over Its Coal Business
[ad_1] The commodities giant is willing to buy Teck’s unit as an alternative to a full merger. [ad_2] Source link
‘War for Talent’ at Mines Could Drive Up Cost of Energy Transition
[ad_1] Updated June 8, 2023 4:44 pm ET Wall Street is betting a labor shortage across the U.S. mining industry will drive up prices for the array of metals needed…
EV Makers Confront the ‘Nickel Pickle’
[ad_1] Large amounts of the mineral are needed for electric car batteries, but getting it out of the ground and refining it often requires clearing rainforests and generating large amounts…
A Onetime Paper Maker Is Now the King of Lithium
[ad_1] Charlotte, N.C.-based Albemarle, which began as a paper mill in 1887, has become a key cog in a tight global supply chain for battery metals used in electric cars…
The Green Revolution Is Here. Which Big Miners Are Prepared?
[ad_1] New U.S. legislation points to the world being short of copper in a few years. A few big mining firms could be huge beneficiaries. [ad_2] Source link
The Next Big Bull Market Could Be Copper
[ad_1] Cyclical headwinds could limit gains in 2023, but longer-term demand, driven by green power, looks likely to far outstrip supply growth. [ad_2] Source link
This Wedding Season, Diamonds Face a Challenge
[ad_1] Man-made stones are falling in price and appealing to more shoppers who also see them as a socially conscious purchase. [ad_2] Source link
Anglo American 1Q Production Rose 9% On Year; Backs 2023 Guidance
[ad_1] Anglo American said its first-quarter production increased 9%, driven by copper at its new Peru mine and improvements in its other operations, and kept its 2023 guidance unchanged across…