Lynas flags higher costs for Kalgoorlie rare earths plant, profit slumps The world's largest producer of rare earths outside China reported a net profit after tax of A$310.7 million. Reuters | August 28, 2023 | 4:12 pm
Sayona Mining’s CEO resigns, shares tank Brett Lynch played a key role in the acquisition of the North American Lithium (NAL) operation in Québec. Reuters | August 28, 2023 | 3:30 pm
Teck donates to emergency wildfire response operations in Washington State, Western Canada Donations being made to organizations in British Columbia, the Northwest Territories, Alberta, and Washington and equipment being provided. Staff Writer | August 28, 2023 | 2:46 pm
Codelco to cut jobs at head office – statement This follows another job cut announcement 10 days earlier, when Codelco said it would trim 10% of staff. Reuters | August 28, 2023 | 2:06 pm
Top copper-producing nation Chile sees mining costs jump 29% Inflationary pressure is coming from lower ore quality, which means more rock has to be crushed to extract the same amount of metal. Bloomberg News | August 28, 2023 | 10:53 am
New Found Gold reports ‘significant gold-bearing’ zone in Newfoundland The company says drilling over 36 newly reported holes on K2 has extended the mineralized footprint to 410 metres by 395 metres. Staff Writer | August 28, 2023 | 10:17 am
New feasibility study expands resource, mine life for Vulcan Minerals’ Great Atlantic salt project The company says the study represents a significant leap in economic viability compared to the preliminary economic assessment dated January 31. Staff Writer | August 28, 2023 | 10:13 am
Gold price edges higher as US dollar, bond yields retreat Investors now await a slew of economic data this week for more clues on interest rate outlook. Staff Writer | August 28, 2023 | 9:30 am
Researchers improve performance of all-solid-state lithium-sulfur batteries The solid-state electrolyte can provide good charging and discharging performance for batteries even under -40°C. Staff Writer | August 28, 2023 | 9:05 am