Latest in Mineral Wealth
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What’s shielding Big Tech stocks like Nvidia in this market, according to the world’s biggest wealth fund
Managers of Norway’s Government Pension Global Fund are resigned to living with tech’s high concentration risk but say stocks like Nvidia have some bubble protection due to this one factor.MarketWatch - 14h -
World’s largest sovereign wealth fund reports record $222 billion annual profit on tech rally
Norway’s sovereign wealth fund reported its full-year earnings on Wednesday.CNBC - 21h -
Beijing-backed lending boosts China’s dominance in clean energy minerals
Entities loaned billions to create mining and processing supply chain, report showsFinancial Times - 1d -
Net worth of millennials has quadrupled: Why some call it 'phantom wealth'
Millennials have come a long way since their days of being called lazy or entitled.NBC News - 2d -
Net worth of millennials has quadrupled: Why some call it 'phantom wealth'
Even as millennials became wealthier, inflation and instability have left many feeling financially insecure.CNBC - 2d -
Inside the race for Greenland's mineral wealth
The territory's untapped mineral wealth has caught the eye of both mining firms and Donald Trump.BBC News - 3d -
There’s little to keep the stock market down as retiring boomers share their wealth
Market strategist Ed Yardeni: Expect the S&P 500 to hit 7,000 this year and 8,000 in 2026MarketWatch - 4d -
Does Putin know why Ukraine fights on? Because we prize freedom above stability and wealth | Andrey Kurkov
This long and awful war has taught Ukrainians to love and value their country – and its beauty – even more. Last November, my wife Elizabeth planted a great many tulip and daffodil bulbs in the ...The Guardian - 5d -
'We're in the era of the billionaire,' human rights expert says. Here's why wealth accumulation is accelerating
The rich are getting richer.NBC News - Jan. 22 -
‘We’re in the era of the billionaire,’ human rights expert says. Here's why wealth accumulation is accelerating
In 2024, an average of nearly four new billionaires were coined every week, according to Oxfam. Much of their wealth will be passed down to heirs.CNBC - Jan. 22 -
World's biggest sovereign wealth fund warns markets at risk from tariff-fueled inflation
"If you look at the risk to financial markets, I think inflation is for sure one, all driven by tariffs."CNBC - Jan. 21 -
Saudi wealth fund ramps up efforts to tap ETF investors
Public Investment Fund stumps up $200mn as seed investor in SSGA’s Europe-listed bond fund in support of Vision 2030Financial Times - Jan. 21 -
Apple is accused of profiting from 'blood minerals'
The Democratic Republic of Congo says Apple is sourcing minerals from armed groups committing atrocities.Financial Times - Jan. 21 -
Apple hit by Belgian probe over ‘blood minerals’ from Congo
Lawyers for DRC allege iPhones and other electronics use minerals supplied by armed groups behind atrocitiesFinancial Times - Jan. 20 -
Ghana soldiers kill at least 7 people described as illegal gold miners
Ghana's military says that soldiers have killed at least seven people at a gold mineABC News - Jan. 20 -
Billionaires' wealth skyrocketing, anti-poverty group says ahead of Davos
Billionaires' wealth soared in 2024, a top anti-poverty group said ahead of an annual gathering in Davos, Switzerland of some of the world's political and financial elite.CBS News - Jan. 20 -
Wealth of world’s billionaires grew by $2tn in 2024, report finds
Rate of wealth growth last year was three times faster than 2023, Oxfam inequality research reveals. The wealth of the world’s billionaires grew by $2tn (£1.64tn) in 2024, three times faster than ...The Guardian - Jan. 20 -
World could soon see its first trillionaires, Oxfam says, as billionaire wealth surges
Billionaire wealth surged in 2024, as the world’s richest people increasingly benefited from inheritance and powerful connections, Oxfam said in its annual inequality report.NBC News - Jan. 20 -
Anti-poverty group says billionaires' wealth soared in 2024 as the elites prepare for another Davos
Billionaire's wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even as the number of people in poverty has barely budged since 1990ABC News - Jan. 19 -
Prep talk: Redondo Union's Brayden Miner is a late-blooming standout
The son of former USC and NBA guard Harold Miner is coming on strong during his senior season for the Sea Hawks.Yahoo Sports - Jan. 19 -
Wealth of US ‘oil-garchs’ went up 15% in nine months as industry figures plan Trump inauguration party
Oil and gas firms have given more than $75m to Trump’s campaign and stand to benefit from his ‘drill, baby drill’ plan. As Joe Biden warns in his farewell address as president that “an oligarchy is ...The Guardian - Jan. 18 -
Trapped underground with decaying bodies, miners faced a dark reality
Mzwandile Mkwayi volunteered to go down into the shaft to help save the lives of scores of South African miners.BBC News - Jan. 18 -
Why South Africa wants to jail miners trapped underground for months
More than 70 people have reportedly died while trapped in a mine after a monthlong standoff with the South African government over illegal mining. CBS News' Chris Livesay has more.CBS News - Jan. 17 -
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Greenland’s melting ice is clearing the way for a mineral ‘gold rush’
Greenland, a vast but sparsely populated Arctic island, has been transformed by the climate crisis in recent decades.CNBC - Jan. 17 -
The Guardian view on Biden’s warning of oligarchy: Trump and the malefactors of wealth | Editorial
The outgoing president was right, in his farewell address, to warn of the dangers posed by the billionaires around the table. . Aristocrats are “the most difficult Animals to manage, of anything in ...The Guardian - Jan. 16 -
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Why Getting Greenland's Mineral Riches Won't Be Easy
The harsh climate, hazardous shipping, limited infrastructure and tiny local workforce have for years left a promised gold rush frozen in its tracks.The Wall Street Journal - Jan. 16 -
‘I can’t lose hope’: families await news of trapped miners in South Africa
Police operation to stamp out illegal mining by blocking food supplies has turned to tragedy as relatives wait for loved ones to be rescued. Almost three days into a South African government ...The Guardian - Jan. 16 -
No more miners trapped underground in South Africa, volunteers say
At least 78 bodies and more than 200 survivors have been pulled out of a mine since Monday.BBC News - Jan. 15 -
Women held keys to land and wealth in Celtic Britain
DNA analysis suggests Iron Age societies in Britain were built around women rather than men.BBC News - Jan. 15 -
South Africa arrests over 100 illegal miners after underground rescue
Hundreds more still trapped since August in abandoned gold mine with dozens deadFinancial Times - Jan. 15 -
More UK mines needed to secure critical minerals, warns watchdog
Concerns grow about Britain’s vulnerability to global supply chain shocksFinancial Times - Jan. 12 -
12 coal miners trapped after mine collapses in southwest Pakistan
Officials say a methane gas explosion has caused a mine to collapse in a remote area in restive southwest Pakistan, trapping at least 12 minersABC News - Jan. 10 -
China’s Zijin in takeover talks for lithium miner
Chinese businesses continue to establish dominant foothold in fast-growing sector for battery supply chainFinancial Times - Jan. 10 -
Export-Import Bank launches initiative to counter China's mineral dominance
The federal government is launching an initiative to support foreign minerals projects that exclude China as part of an effort to bolster U.S. supply chains. The Export-Import Bank (EXIM), a ...The Hill - Jan. 8 -
Indian army divers retrieve the body of one of at least 9 miners trapped in a flooded coal mine
Indian army divers have retrieved the body of one of at least nine miners trapped inside a flooded coal mine in India’s northeastern Assam stateABC News - Jan. 8 -
At least 9 miners are trapped in a coal mine in India's northeastern Assam state
At least nine workers are trapped inside a coal mine in India’s northeastern Assam state and authorities have summoned the army to help in the rescue operationABC News - Jan. 7 -
This money bias is 'the biggest barrier to building wealth,' says financial psychologist
Putting off some key financial moves because they seem too complex? You could be costing yourself over the long run.CNBC - Jan. 5 -
Polish wealth managers warn against tax changes for family foundations
Structure was set up in 2023 to encourage money to stay in the countryFinancial Times - Jan. 5