Codelco at risk of insolvency as debt grows, CESCO report says

Cost overruns on projects to upgrade five mines could mean its debt is likely to reach $30 billion by 2030 from $18 billion now.

Reuters | August 17, 2023 | 7:35 am

AI can accurately ‘envision’ corrosion-resistant alloys

A new machine learning model enhances by 15% the predictive accuracy of corrosion behaviour and potential optimal alloy formulas.

Staff Writer | August 17, 2023 | 6:12 am

SQM’s profit drops as lithium prices drag

The miner posted a net profit of $580.3 million for the three months ended June.

Reuters | August 16, 2023 | 6:02 pm

Australian coal miner’s plans may double its methane emissions, Ember says

Whitehaven's ambitious expansion plans would potentially put it at odds with Canberra’s commitment to slash releases of the potent greenhouse gas.

Bloomberg News | August 16, 2023 | 2:51 pm

Chile’s president brings back Williams as mining minister in cabinet reshuffle

Aurora Williams, who will replace Marcela Hernando, held the same position during the 2014-18 administration of former President Michelle Bachelet.

Reuters | August 16, 2023 | 1:39 pm

Granite Creek seeks copper major for merger with mothballed Minto mine in Yukon

Granite’s Carmacks project, some First Nations property and the past-producing Minto Metals mine would form a 30-year operation able to produce 2 billion lb. copper.

Colin McClelland | August 16, 2023 | 9:52 am

Imperial Metals raises $12.5 million to fund Red Chris development

The private placement represents the latest round of funding secured by Imperial for its BC mine projects.

Staff Writer | August 16, 2023 | 9:23 am

Aether raises $49 million to extract lithium using AI

Its platform can extract lithium from previously-inaccessible reserves and also create products across sectors, including health care.

Cecilia Jamasmie | August 16, 2023 | 8:58 am

Ivanhoe’s Kamoa Copper inks MOU to ship copper concentrate by rail

Up to 10,000 tonnes of copper concentrate to be exported via Angolan Lobito Ocean Port in Q4 2023.

Staff Writer | August 16, 2023 | 8:56 am

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