Erdene Resource owns the Altan Nar gold-polymetallic project, located in southwest Mongolia, 200 kilometres from the border with China.
The new gold giant would have a market value of $33 billion, operations on five continents, and a gold output of well over 12 million ounces a year.
The Oakajee port and rail project has the potential to become one of the major suppliers of Australian iron ore to Asia.
Gold smuggling into India has increased dramatically since the nation hiked its import duty on the yellow metal from 4% to 15% last year.
Some 1,000 tonnes of gold have been used in highly complex and lucrative deals designed to skirt Chinese capital controls. Deals that are now being unwound.
The rare earth storm has passed, but a new critical metal conundrum could be ahead for the West.
India's customs department seized 52 times more smuggled gold last year than in 2012.
India's largest gold refiner says freeing up the gold import business is simply not going to happen because of economic realities.
While the WA government is favours Chinese capitals, Australian junior Padbury Mining says it has secured $6.5 billion to take over the project, but refuses to reveal backer's name.
What drives the price development in the long run?
The deal, signed in 2012, could see Aussie miners exporting up to 800 tonnes of yellow cake a year to the Middle East by the end of the decade.
Brazil's mining sector is expected to see slower average growth rates through 2018 compared with previous years, a report by Business Monitor shows.
Production of the steel-making material, however, increased by 16%, which means the miner is on track to meet its full-year target.
But production at massive Mongolian mine slips and shares take a beating.
The nation's nuclear chief also said Teheran plans to build four new nuclear plants with the help of Russia.
The 8% one-day drop in the iron ore price in March was the result of a new dynamic in the market: panicked selling by traders using ore as loan collateral.
February’s levels were the highest since the West slapped sanctions on Tehran in June last year, says the International Energy Agency (IEA).
China's iron ore imports jump 21% to 74 million tonnes while copper imports surge 31%.
Canada invited this week Coal India ltd., the world’s largest coal miner to explore mining opportunities in the country.
Of the 70 pirate attacks so far this year, 53 have been in the waters off Southeast Asia and West Africa and some 50 crew remain in captivity.
The closely-watched Thomson Reuters GFMS annual copper survey paints a grim picture for the copper price in 2014 and beyond.
Iron ore is up 12% from lows sparked by panicked selling from Chinese traders and mills using stockpiles for trade credit.
But it is planning to do so at the fertile Liverpool Plains, an extensive agricultural area, which is predictably raising opposition from locals.
Personal assistants at large mining companies and PR people were the most targeted by online criminals.
The mission of the Asia Mining Club is to promote education among its members, and one way to achieve this is by hearing from experts in the financial markets, notably those focused on resources and commodities.
The top 10 producing gold mines in the world, from the gold capital Johannesburg to gold filled islands like Niolam Island.
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