One factor behind surging natural gas prices is China’s crackdown on coal, but the country could soon reach its economic pain threshold and embrace the fuel again as winter looms.
Western Australia is so short of truck drivers that some companies are pressing retired soldiers and furloughed airline pilots into service on mine sites, while competition for skills is driving up wages.
Rapidly increasing metal costs are pushing manufacturers to take what steel they can get and hire more people to seek out available supplies.
Shares of uranium mining companies surged as WallStreetBets users put forward bullish arguments in favor of the radioactive metal, complete with the forum’s typical mix of memes and humor.
Fund companies are rebranding their out-of-fashion investment offerings as green, hoping to grab a portion of the cash pouring into sustainable products. In some cases, the rebranding has been in name only.
Aluminum prices rose to their highest level in 10 years after a military coup in mineral-rich Guinea threatened to snarl the lightweight metal’s supply chain.
A lack of transparency over the spill at Angola-based Catoca mine deepens concerns about pollution in hard-to-monitor places.
Under the deal, the family of Jim Justice and Carter Bank & Trust will restructure $368 million in loans made to several closely held companies.
The companies face many hurdles as they move their machines out of a country that previously used two-thirds of the global energy dedicated to harvesting bitcoin.
Experts rejected the company’s narrative on delays and a $1.4 billion cost overrun at the Oyu Tolgoi mine in Mongolia.
Kyrgyzstan’s nationalization of Centerra Gold’s large mining operation is one of the most brazen moves in recent years by a country to assert control over valuable natural resources, mining and legal experts say.
The burger chain recently told restaurant owners that they needed to limit orders of bags from suppliers as usage is running ahead of already high numbers last year—the latest supply challenge affecting U.S. restaurants.
Glencore, one of the biggest miners of thermal coal, reported record first-half earnings and expects the fuel to be a big moneymaker for the rest of the year.
The parent of The Wall Street Journal and HarperCollins Publishers will purchase Oil Price Information Service, an energy and renewables information-services company.
Rio Tinto reported a record first-half net profit and more than tripled its midyear payout to shareholders, benefiting from a bull run in commodity prices that has stoked inflation expectations around the world.
A former Glencore trader pleaded guilty Monday to what prosecutors described as a conspiracy to pay millions of dollars in bribes to officials in Nigeria and elsewhere in exchange for favorable contracts with a state-owned oil company.
The Tesla chief executive said he and his rocket company hold he cryptocurrency, which he generally supports despite harboring concerns about its environmental impacts.
BHP stays cautious on investing in new projects even as prices for commodities such as iron ore and copper trade near record highs.
The world’s second-largest miner said that pandemic-related border closures have caused labor shortages at some of its operations and is warning of project delays.
Lawmakers in parts of the world are seeking higher taxes on metals extracted from the ground to help offset pandemic-related costs.