Gold demand in most Asian centres firmed this week, spurred on by a dip in prices although buyers in the world's second-biggest consumer India held off buying in the hope of further falls.
Asia Mining News
Under the new deal, Inalum will seek to acquire London-based Rio Tinto Group’s joint venture interest in Grasberg by March.
The Indian Captive Power Producers Association denounced that most of its member companies are getting half of the coal they need from state-owned Coal India.
With a $10 million investment, the Kacharsky mine is being transformed into a smart mine.
John Reade, Chief Market Strategist at the World Gold Council, explains several reasons to believe that gold could maintain an upward trajectory.
The institution will stop all lending for oil and gas projects after 2019, with some exceptions.
A sit-in by miners of ArcelorMittal's Kazakh unit widened to all of the firm's coal mines on Tuesday as hundreds of workers demanded a 100 percent wage rise.
China Three Gorges says this would be not only the largest but also the "most intelligent solar power project with the most advanced technology in the world."
Erdenet, which produces 530,000 tons of ore annually, is one of Asia’s biggest copper and molybdenum mines and a top tax contributor to the country’s $12 billion economy.
The commerce department has sought to scrap levies and introduce a presumptive tax of 0.25 percent on diamond mining companies.
Demand for physical gold picked up in most Asian centres this week as prices fell, but drop in local rates to four-month lows failed to lure buyers in India.
Proposed three-way deal between the Indonesian government, Rio Tinto and Freeport to clean up ownership of Grasberg 'ignores the wider picture'.
Rio Tinto-controlled Turquoise Hill is also predicting costs to fall about 2.8%.
Forget gold, the crazy cobalt price or lithium frenzy; this junior mining company is upending the sapphire (yes sapphire) market.
The seeds of Tuesday's 4.6 percent copper slump -- the sharpest in almost three years -- were planted in a scarcely noted non-event earlier this month.
After pumping billions into the Indonesian mine for almost 25 years, Rio might be able to see a decent return as the country’s government plans to acquire the miner’s 40% stake in the coveted operation.
World's top supplier of uranium announces 20% cut in production over three years.
Coal India Ltd.’s production and shipments in Nov. rose to most for month in at least five years, as power plants procured more coal to boost inventories.
Guinea has about a third of the world's bauxite reserves and expects to produce over 30 million tonnes in 2017. However, it has no facilities to transform those reserves into higher-grade alumina.
Benchmark spot gold edged higher to around $1,277 an ounce Friday, but was still trading near a 3-1/2-week low touched Thursday amid surge in U.S. equities.
Ron Struthers of Struthers Resource Stock Report surveys the battery metals field and profiles one company he believes could be a new LIB anode supplier.
The New South Wales Government decided there would be no open-pit mining at the site formerly known as Drayton South, but it paved the way for an underground mine instead.
As the world’s largest auto market, China was responsible for about half of the sales as the crackdown on polluting industries has propelled renewable alternatives from power generation to consumer products.
The oval stone, set in a ring embellished with smaller diamonds, sold after a three-minute contest. It was estimated to sell for as much as $42 million.
Indonesia expects to conclude deal with Freeport-McMoRan Inc. by February that will see the U.S. miner shed its majority ownership of Grasberg mine.