China’s jewelry purchases could be a weak spot for gold demand Jewelry sales in China in July contracted 10% year-on-year. Bloomberg News | August 17, 2023 | 8:41 am
Tesla warns Core Lithium of possible legal claim on failed supply talks The Adelaide-based miner and Tesla failed to clinch a pact after nearly seven months of negotiations last year. Bloomberg News | August 17, 2023 | 8:33 am
Gold Fields says new Chile mine on track as profit dips Company said it was on track to start producing gold at its Salares Norte project in the fourth quarter of this year. Reuters | August 17, 2023 | 8:28 am
JSW Steel considers 75% interest in Teck’s coal business The Indian steelmaker is in discussions with banks over potential financing for the acquisition. Staff Writer | August 17, 2023 | 8:25 am
De Beers to aid employees in evacuation amid wildfires in Canada’s Northwest Territories Canadian officials ordered the evacuation of Yellowknife and several smaller communities on Wednesday. Reuters | August 17, 2023 | 7:47 am
Ford, partners pick Canada for $900m battery materials plant The factory in Quebec will eventually produce 45,000 tonnes of cathode active materials per year. Reuters | August 17, 2023 | 7:42 am
Stellantis invests more than $100 million in California lithium project Stellantis CEO called the Controlled Thermal partnership "an important step in our care for our customers and our planet as we work to provide clean, safe and affordable mobility." Reuters | August 17, 2023 | 7:36 am
Codelco at risk of insolvency as debt grows, CESCO report says Cost overruns on projects to upgrade five mines could mean its debt is likely to reach $30 billion by 2030 from $18 billion now. Reuters | August 17, 2023 | 7:35 am
AI can accurately ‘envision’ corrosion-resistant alloys A new machine learning model enhances by 15% the predictive accuracy of corrosion behaviour and potential optimal alloy formulas. Staff Writer | August 17, 2023 | 6:12 am