Australian gov't spends A$7.67M on AI research for resource sector

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Editor's Note: Get caught up in minutes with our speedy summary of today's must-read news stories and expert opinions that moved the precious metals and financial markets. The Australian government is setting up two mining research centres in partnership with universities and commercial supporters, according to an announcement made on Tuesday. The centers will be based in Sydney and Adelaide. The Australian government said research activity at the University of Sydney "...will focus on data analytics related to the long-term impact of resource use on Australia's economy, society and environment. It will help develop the necessary data science skills for Australia's resource industries to make the best possible evidence-based decisions when using our natural resources."