Tesla to cut Model 3 production in US for two weeks
One person said a chip shortage may have affected the production cutback, which would last until March 7.
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Hyundai’s $900m recall shows EV glory is no one-way road
Company's recall of nearly 82,000 electric vehicles highlights how costly the shift to the industry’s new frontier can be for all the automakers piling in, both to their balance sheets and their brands.
Gold price weakness takes $1.5bn out of largest ETF
In the wake of the recent gold price decline, metal holdings in the GLD gold ETF have fallen by 26 tonnes in a week.
Gold Fields gets step closer to curbing reliance on Eskom
Mining firms say red tape has prevented them from generating their own power for years and have lobbied the government for rule changes.
Alamos reports record operating cash flows, ups dividend by 25%
The company’s two Ontario underground mines both posted strong performance in the quarter.
Sabina updates feasibility on 15-year ‘world-class’ project in Nunavut
Average production in the first five years is estimated at 287,000 oz gold annually.
MINING PEOPLE: First Majestic, Generation Mining, Integra, Lundin Mining
Key moves in the mining sector.
EVs are more expensive than traditional cars—but not by much
An analysis from BloombergNEF found that “upfront cost parity” for US electric and internal combustion vehicles will arrive in 2024.
Freeport to expand US copper mines as Biden moves to electrify the nation
Company could soon greenlight expansions at three mines in the US Southwest, adding more than 250 billion pounds of copper each year to US output.
