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Gold: Barrick Gold’s Loulo-Gounkoto complex is in line with production forecasts
Barrick Gold announced mid-year that its giant Loulo-Gounkoto gold complex in Mali is on track to reach its production forecast of 510,000 to 560,000 ounces by 2022 and to replace the annual depletion of reserves to extend the mine's life beyond 2037. At the end of...
Aluminium: the metal could be the next competitor to copper
Researchers at Pacific Northwest National Laboratory (PNNL) are working to increase the conductivity of aluminium, making it economically competitive with copper. According to the scientists, this work opens the door to experiments that, if fully realised, could lead...
Copper: Chile maintains plan for a new mining profit tax of up to 32% linked to prices
Chile's Finance Minister, Mario Marcel, presented a tax reform bill on Friday that increases royalties on copper mining for companies producing more than 50,000 tonnes per year and raises taxes on high incomes to finance social programmes and reforms proposed by the...
Volvo Cars to invest $1.25 billion to set up third European EV plant in Slovakia
The carmaker has decided to invest around €1.2 billion ($1.25 billion) to create a third EV production plant in Europe near Kosice, Slovakia. The plant, which will be Volvo's first new European production site in almost 60 years, is expected to be climate-neutral,...