Elon Musk may regret putting Tesla’s first European plant in Germany
There have been signs Germany’s bureaucracy could be costly with respect to Tesla’s investment in Gruenheide.
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Polymetal shares down as gold miner scraps final dividend
Company has not been directly targeted by Western sanctions imposed on Moscow since it sent thousands of troops to Ukraine in February.
Researchers working on smart drone capable of preventing tailings dams failures
US-based engineers are developing new technologies to detect and prevent potential failures of coal waste storage facilities.
General Motors invests in Canadian lithium-ion battery recycler
Move creates a partnership between the companies to pursue a circular battery ecosystem using Lithion's technology.
Delayed upgrades prompt Scotgold to cut Q3 production targets
It now expects to produce around 2,000 ounces of gold for the three months to Sep. 30, down from a previous 2,900-3,500 ounces range.
Gold price rises as Fed rate hike comes in as expected
Gold prices rose after the US Federal Reserve raised interest rates by 75 basis points for a third straight time.
Norway’s Vianode invests $194m in battery materials plant
The plant will be able to produce anode graphite for roughly 20,000 electric vehicles per year by 2024.
Silvercorp updates resources at Ying property, extends mine life to 2037
There is also the potential to continue mining beyond 2037 if the inferred resource can be upgraded, Silvercorp said.
Top gold CEOs say soaring costs will hobble mining industry into 2023
“We’re in a very volatile economic environment at the moment,” Newmont CEO Tom Palmer said in an interview.