The company said it aims to list in London and Moscow in the coming weeks, seeking to capitalize on a renewed interest in commodity stocks and strengthening gold prices as a hedge against rising inflation.
Biden administration lawyers are defending oil and mining projects approved under the Trump administration, benefiting ConocoPhillips, Rio Tinto and others at the expense of environmental and tribal groups.
West Midlands police this week found a warehouse with about 100 computers using stolen electricity to create cryptocurrency.
The chip maker’s strength in gaming and data centers should better contain the risk to its results stemming from crypto-mining.
The chip maker on Wednesday posted net income for its most recent quarter of $1.91 billion, more than double the year-prior figure. Sales in its gaming division also more than doubled.
China has three big reasons to further crack down on bitcoin mining and trading activity, which means that the climate for cryptocurrencies in the country is likely to worsen.
President Biden and South Korean President Moon Jae-in said they would forge a partnership on vaccine manufacturing.
They have set out to change the image of their product lines with better ingredients, a more-appealing name and new packaging.
Cryptocurrency prices extended the week’s selloff after Chinese authorities said tighter regulation was needed to protect the financial system, including taking action against bitcoin mining and trading.
Tesla chief says bitcoin will be used for transactions “as soon as mining transitions to more sustainable energy.”
The unraveling of finance firm Greensill Capital is playing out in London but could also take a heavy toll on steel towns like Georgetown, S.C.
The cost of moving goods like iron, coal and corn jumped to a 10-year high this week in a sharp rebound from last year’s industrial downturn.
Zambia, which defaulted on payments to bondholders in November, is doubling down on debt with a high-stakes bet that nationalizing one of its biggest copper mines will help rescue its flailing economy.
BP, Rio Tinto and others are selling the projects for financial and environmental reasons, in a possible boon for those companies that want to double down on fossil fuels.
Tembo Capital, a private-equity firm focused on the mining sector, is betting that President Biden’s proposed infrastructure plan will increase demand for raw materials such as copper.
The two candidates who emerged from the first round of voting have stirred concern in an establishment badly shaken by the recent ouster of presidents, corruption scandals and protests.
South African platinum miners are raking in record amounts of cash and reinvesting in their mines in a bet that vehicles powered by hydrogen fuel cells will help lift demand.
The prosecutor said ex-trader Emilio Jose Heredia Collado is cooperating in the ongoing investigation into the manipulation.
The suit by Bluestone Resources, a coal-mining company owned by West Virginia’s governor, is tied to a $850 million loan from the troubled U.K. financial firm.
Shell has appointed Andrew Mackenzie as its new chairman, tapping a mining veteran to oversee the oil and gas giant as it navigates the transition to low-carbon energy.