BHP and Microsoft use AI to boost copper recovery at Escondida
The use of new digital technology to optimise concentrator performance at the world's biggest copper mine in Chile is expected to improve recovery.
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US battery belt grows with $1 billion Kentucky cathode deal
Ascend Elements said it has reached a billion-dollar deal with an unnamed automaker to reprocess old batteries into cathode material.
Copper exports signal Chile is leaving woes behind
Data suggest Chilean production may be stabilizing after a series of project delays, mine-specific setbacks and plant maintenance.
China’s gold binge extends to seventh month as holdings climb
China raised its gold holdings by about 16 tons in May, according to data from the People’s Bank of China.
Gold ETF net flows turn positive YTD after adding 19t in May — report
However, total assets under management fell slightly by 0.4% to $220 billion due to a lower gold price in the month compared to April.
Clean tech faces increasing risks with mining tied to new abuses
The Business & Human Rights group identified 65 new allegations of human rights abuse since the end of 2022.
Mongolian PM discusses EV investment, cooperation with Elon Musk
Musk and the Mongolian government talked about a potential joint research venture on the use of rare earth elements and battery minerals.
Reduced appetite from central banks to bring gold demand down in 2023 – Metals Focus
Demand for gold will drop 9% to 4,375 metric tons this year, according to the consultancy.
ERG asks Congo to lift copper unit ban, denies pollution charge
Eurasian Resources Group has asked authorities to reconsider a ban imposed on its Boss Mining unit's copper and cobalt operations.
