Natural Resources

Some longtime enterprises in the country’s storied $24 billion sector have headed for the exits, threatening an already struggling economy.

The sanctions done in partnership with the European Union target officials of the Nicaraguan military, its minister of defense, the Nicaraguan Institute of Telecommunications and Mail, and the state-owned mining company.

U.S. steel producers are buying up scrap businesses, seeking a steady supply of raw material from junked cars and manufacturing waste for new mills.

Honeywell, GE, Boeing and other large companies are launching a late lobbying blitz to persuade centrist Democratic senators that implementing a global minimum tax too soon would hurt U.S.-based multinationals.

Dominic Barton joins as the mining company seeks to repair damage to its reputation from the destruction of two ancient rock shelters in Australia and decarbonize its operations.

Moscow’s ambition goal of slashing emissions by 2060 clashes with Russia’s attachment to coal. In one Russian coal town, acrid air and sick children.

Global miners have an opportunity to sell ESG-friendly natural resources to the automotive and energy industries, but it will require investment.

Mining companies operate in some of the least developed countries on the planet, but it is in the world’s richest nation where they are finding it hardest to persuade staff to get inoculated.

Russian authorities opened a criminal investigation into a suspected methane-gas explosion at a Siberian coal mine that killed more than 50 people and left dozens hospitalized.

Activists for a British group campaigning for action on climate change began blocking roads outside Amazon warehouses, in some cases erecting metal structures to prevent delivery trucks entering or leaving the facilities.

Tobacco companies, banks and private-equity firms are among the winners, although President Biden’s roughly $2 trillion package still includes increased levies on businesses.

A bio-manufacturing facility to be run by the University of Pittsburgh will be funded by a $100 million grant from Richard King Mellon Foundation.

Despite some hopeful signs in October data released Monday, China’s economy has yet to turn the corner.

Mining companies face pressure to reduce emissions produced by those who buy their commodities, but say their clients can’t be controlled.

Business lobbyists are pushing to derail about $800 billion in new taxes that come with President Biden’s spending bill, but along with opposition from Democrats they are facing an added challenge: division within their own ranks.

Mark Cutifani is set to depart next year, ending a near-decadelong reign that restored the fortunes of one of the mining industry’s most storied names.

Private-equity firm Appian Capital Advisory is poised to generate a 60% internal rate of return from the sale of two Brazilian mining companies, benefiting from rising demand for metals used in electric-vehicle batteries, according to people familiar with the matter.

Disruptions from Hurricane Ida also contributed to last month’s 1.3% decline.

Australia’s South32 bet on copper being in hot demand in an accelerating global energy transition with an investment of up to $2.05 billion in a Chilean copper mine.

Mike Teke, chief executive of South African coal miner Seriti Resources Holdings, on COP26, coal’s place in the energy landscape, and his own worries about the impact of climate change.