World’s no. 2 automaker to get “actively involved in raw materials business”
Volkswagen CTO Thomas Schmall flags IPO for new battery division and all but commits the automaker to investing in mining.
Latest Stories
BHP, Freeport invest in Jetti Resources’ ‘holy grail’ copper extraction technology
Jetti has secured $50 million in funding from existing and new investors to support rapid deployment of the technology across large scale copper mining operations.
Biden’s electric vehicle plan includes battery recycling push
The administration’s options to spur domestic recycling include direct investment in projects and scientific research.
Gold stock gains mount
Recently reported Q1 results revealed strong fundamentals, fully justifying better stock prices.
Gold imports plunge in India as virus slashes demand
Inbound purchases slumped to 11.3 tonnes last month from 70.3 tonnes in April.
Costa Rica wins arbitration case over open-pit gold mine
An international arbitration panel ruled Costa Rica does not owe Canadian miner Infinito Gold any compensation from a project cancellation 10 years ago.
Chilean union, BHP kick off labor talks at Escondida
The union has requested a one-time signing bonus equivalent to "1% of dividends paid to the mine's owners".
Gold price rebounds as US payroll data assuages stimulus pullback concerns
However, bullion is still on course to register its biggest weekly decline since March.
Copper price reviving old deposits
Juniors can unlock value at brownfields copper deposits.
