US-based Coeur Mining reported gold and silver production results at its four mining units in 2023. To begin with, the Palmarejo gold and silver complex, located in the state of Chihuahua, in northern Mexico, decreased its gold production by 5.8%, to 100,605 ounces, at an annual rate. From
WTO agreements on Foreign Direct Investment (FDI), fisheries and e-commerce will be part of the negotiations and agreements among the 164 WTO members at the 13th WTO Ministerial Conference (MC13) in Abu Dhabi, United Arab Emirates. To begin with, ministers representing 123 WTO members issued a Joint Ministerial
Gatos Silver‘s silver production fell at a year-on-year rate of 10.7% in 2023, to 9.2 million ounces. Why? The decline is due to lower grades, as expected in the mine plan. The lower grades were partly offset by higher mill throughput, which averaged 2,935 tonnes per day in
The battery electric vehicles market is expected to account for 15% of global light vehicle production by 2024. This would increase from 12% in 2023 and 10% in 2022, according to projections by S&P Global Mobility. Overall, the electric vehicle market is steadily growing, experiencing a significant increase
Global automotive production grew at a year-on-year rate of 9.3% in 2023, to 88 million 619,000 vehicles. This reflects a return to pre-pandemic 2019 production levels, but is still 5% below 2017 peak levels. Overall, global automotive production was subject to fluctuations due to factors such as market
Auto imports to Germany totaled $78.053 billion in 2023, with the United States and Czech Republic as its top sources. Those purchases registered a 13.9% growth over 2022, according to data from Germany’s Federal Statistical Office. Germany is home to some of the world’s renowned automakers, including Volkswagen,