Chinese firms to invest $1.75 billion in Ethiopia mining, solar

CSI Solar will spend $250 million on a plant producing solar modules and energy storage products, while Sequoia plans to invest $600 million in coal exploration.

Bloomberg News | May 13, 2025 | 9:22 am

De Beers secretly sells discounted diamonds to selected traders

The company has been selling the stones at a 10% to 20% discount to its set prices.

Bloomberg News | May 13, 2025 | 7:00 am

China’s rare earth curbs have ‘changed psychology’ at US firms

China, which dominates global supply, put export restrictions on seven types of rare earths last month, widely viewed as a response to President Donald Trump’s trade assault.

Bloomberg News | May 12, 2025 | 5:08 pm

Codelco would keep more profits if Carolina Toha wins presidency in Chile

The state-owned firm has handed over 70% of its profit under current government policy.

Bloomberg News | May 12, 2025 | 10:14 am

China’s record copper ore imports offer relief amid shortage

Chinese copper concentrate imports climbed to nearly 3 million tons last month.

Bloomberg News | May 12, 2025 | 7:21 am

Zijin Mining said to pick banks for gold unit’s Hong Kong listing

State-run company said in April it planned to apply for the spinoff and Hong Kong listing.

Bloomberg News | May 12, 2025 | 7:05 am

Peru’s emergency mining ban to cost $200 million in lost gold output

The country has seen an up-tick in criminal activity culminating in the murder of 13 mine workers.

Bloomberg News | May 9, 2025 | 5:14 pm

Vedanta copper operation taps South Africa’s RMB to help raise debt

The company has hired Rand Merchant Bank to help raise as much as $1 billion in debt financing.

Bloomberg News | May 9, 2025 | 9:41 am

China’s rare earth exports drop as trade war crimps supply

Overseas sales fell 16% in April from March to 4,785 tonnes.

Bloomberg News | May 9, 2025 | 6:59 am

Guinea moves to cancel mining rights of non-compliant companies

President Doumbouya instructed his government to withdraw permits from mining companies that don’t respect their legal commitments to the country.

Bloomberg News | May 9, 2025 | 6:52 am

BHP-backed SolGold turns to speedier mine plan to woo investors

The company’s Cascabel project has long been heralded for its potential of being a major copper-gold mine.

Bloomberg News | May 8, 2025 | 10:06 am

Iron ore price falls as China steel body says output curbs underway

China announced in March it would push the steel industry to limit output.

Bloomberg News | May 8, 2025 | 9:46 am

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