BYD to build $1.2bn EV battery plant in central China The Chinese company's battery unit is aiming to build a facility with the capacity to produce 40 gigawatt hours per year of its Blade Battery. Reuters | February 13, 2023 | 7:21 pm
ATAC board rebuffs Victoria Gold takeover bid The all-scrip deal values ATAC at $18.7 million. Henry Lazenby | February 13, 2023 | 4:15 pm
Lynas’ Malaysia rare earths plant faces part closure as regulator keeps curbs Lynas will need to close the cracking and leaching part of its rare earths processing plant if the conditions are not removed before July 1. Reuters | February 13, 2023 | 2:38 pm
Freeport-McMoRan cuts forecast after floods damage Indonesia’s Grasberg mine Freeport now expects its Q1 sales to be lower than the previous outlook of 900 million pounds of copper and 300,000 ounces of gold. Reuters | February 13, 2023 | 11:13 am
Cyber threats on the rise for resource industries Traditional security is inadequate to protect industrial environments from rapidly evolving cyber threats, experts say. Henry Lazenby | February 13, 2023 | 10:38 am
Gold miners may see margins shine as energy, labor costs edge lower All-in sustaining costs (AISC) jumped by a third in the last four quarters at top miners Barrick and Newmont. Reuters | February 13, 2023 | 9:21 am
Gold price slips with spotlight on US inflation data A stronger dollar is weighing on gold, with the metal “a little lower just based off that heading into tomorrow morning’s (CPI) number,” says analyst. Staff Writer | February 13, 2023 | 9:10 am
Great Bear resource ‘proves our thesis,’ Kinross says The open-pit indicated mineral resource shows 33.1 million tonnes grading 2.6 g/t for 2.7 million oz. contained metal, Kinross said in a news release. Colin McClelland | February 13, 2023 | 8:38 am
Iron ore price drops on Chinese demand fears "The profits of steel mills have not improved," Huatai Futures analysts said. MINING.COM Staff Writer | February 13, 2023 | 8:10 am