Asia

Canadian mining chairman Jim Doak found dead in Mongolia

Cecilia Jamasmie | April 24, 2015
Canadian mining chairman Jim Doak found dead in Mongolia

Doak, the chairman of Toronto-based uranium exploration and development company Khan Resources, was found dead Thursday morning in his hotel room.

China scrapping rare earth export tax will boost demand — Lynas

Cecilia Jamasmie | April 24, 2015
China scrapping rare earth export tax will boost demand — Lynas

Beijing had been widely expected to eliminate tariffs and quotas on rare earth shipments after a World Trade Organization panel branded them discriminatory last year.

Cash flowed to Clinton foundation as Russians pressed for control of uranium company

New York Times | April 23, 2015

The headline in Pravda trumpeted President Vladimir V. Putin’s latest coup, its nationalistic fervor recalling an era when its precursor served as the official mouthpiece of the Kremlin: “Russian Nuclear Energy Conquers the World.”

Kyrgyz minister stepping down over failure to settle Kumtor mine issues

Cecilia Jamasmie | April 23, 2015
Kyrgyz minister stepping down over failure to settle Kumtor mine issues

Prime Minister Joomart Otorbaev resigned after hours of heated debate in parliament over the government’s performance last year.

Caterpillar results beat expectations but forecasts weak year

Cecilia Jamasmie | April 23, 2015
Caterpillar results beat expectations but expects weak year

The machinery giant doesn’t think it will remain strong for the rest of 2015.

Japan to restart two nuclear reactors by June

Cecilia Jamasmie | April 22, 2015
Japan to restart two nuclear reactors by June

For now, all of Japan’s 48 commercial reactors remain offline following 2011's Fukushima disaster.

Iron ore price rockets

Frik Els | April 22, 2015
Iron ore price rockets

Jumps 6% on Wednesday to four-week highs despite record-setting production numbers from Big Three.

How to make money in renewable energy: NBF's Rupert Merer

The Mining Report | April 22, 2015

Rupert Merer analyzes that growing energy sector for National Bank Financial and tells The Mining Report why betting on the future of renewables is a prudent strategy for profit growth.

Beyond oversupply: steelmakers need higher-quality iron ore

CEO.CA | April 22, 2015

All iron ore is not created equal.

China expands stake in Russian potash miner Uralkali

Cecilia Jamasmie | April 21, 2015
China grabs stake in Russian potash miner Uralkali

Two Chinese banks are among the eight institutions that have provided Uralkali a $530 million loan.

Rio Tinto iron ore output up again, but exports fall

Cecilia Jamasmie | April 21, 2015
Rio Tinto iron ore output up again, but exports fall

The miner shipped 72.5m tonnes in the quarter, up 9% from a year earlier but down 12% sequentially.

Kyrgyzstan aborts plans to grab Centerra’s Kumtor mine, but wants more say

Cecilia Jamasmie | April 17, 2015
Kyrgyzstan aborts plans to grab Centerra’s Kumtor mine, but wants more say

A long-discussed 50/50 joint venture with Centerra doesn't seem to be in Kyrgyzstan's plans any longer.

Marine sanctuaries face new mining threat after Australia issues permits for petroleum exploration

Sydney Morning Herald | April 16, 2015

Permits that would allow industry to look for petroleum in marine sanctuaries have been quietly granted by the Abbott government while it reviews 40 freshly minted marine reserves.

Iron ore price back below $50 after Chinese property shock

Frik Els | April 15, 2015
china-building-construction-333

GDP slowdown was expected but China's property sector, responsible for half of steel demand, is in a tailspin as Q1 unsold inventory rises 24%.

Canada and India sign historic uranium supply deal

Cecilia Jamasmie | April 15, 2015
Canada and India sign historic uranium supply deal

As part of the agreement, Cameco will supply 7.1 million pounds (3.22 million kilos) of uranium concentrate to India over the next five years.

Oilprice.com

The game-changing water revolution: Interview with Stanley Weiner

Oilprice.com | April 15, 2015
colossus minerals dewatering

Globally, water demand is threatening to dangerously outpace supply, while in the US, dry states such as Texas and California are suffering from shortages and the future forebodes more suffering.

Japan nuclear reactors to remain closed, court rules

Cecilia Jamasmie | April 15, 2015
Japan nuclear reactors to remain closed, court rules

Landmark decision could complicate Prime Minister Shinzo Abe's push to return to atomic energy.

GRAPHIC: Mongolia needs Oyu Tolgoi more than Rio does

Frik Els | April 14, 2015
Mongolia needs Oyu Tolgoi

Once the fastest growing economy in the world, foreign direct investment in Mongolia collapsed over the space of just two years.

Citi’s 'end of the Iron Age' note triggers waves of downgrades

Cecilia Jamasmie | April 14, 2015
Citi’s 'end of the Iron Age' note triggers stocks bloodbath, downgrades

The International Monetary Fund and Standard and Poor's, in turn, predict prices for the steelmaking material are set to fall even further.

Close to half of European and the Former Soviet Union mines to be using autonomous vehicles by 2020

Timetric | April 14, 2015
robot head from flickr

If labour costs are high, use robots.

Expect talent-driven mining M&A: Headhunter

CEO.CA | April 13, 2015
hudbay-minerals-reports-q1-loss-

Today Andrew’s talking about the ebbs and flows of his MRG business. He tells me President and CEO searches are not where he’s making his money these days, it’s the operations roles.

Australia has a key role in nuclear’s contribution to clean energy future

Toro Energy | April 13, 2015

One of Australia’s leading uranium development proponents says the country’s natural advantage in delivering clean energy to meet growing global demand, is being eroded by the current policy differences between the states towards uranium exploration and mining.

India eyes uranium supply deal with Canada

Globe and Mail | April 13, 2015

Canada’s biggest uranium producer is in advanced talks with India on a deal to supply the country of 1.2 billion with fuel for nuclear power plants as Ottawa prepares to welcome Indian Prime Minister Narendra Modi.

Move over Codelco: Freeport plans to be the world’s No.1 copper miner

Cecilia Jamasmie | April 13, 2015
Move over Codelco: Freeport plans to be the world’s No.1 copper miner

But China’s slowdown, rising costs and falling prices may get in the way.

Atlas Iron shuts down production on low iron ore price

Andrew Topf | April 12, 2015
Atlas Iron to take a $900 million write-down

Atlas Iron is shutting down its operations due to low iron ore prices, the company announced on Friday.

Oilprice.com

How much longer can OPEC hold out?

Oilprice.com | April 10, 2015
Oil rig supply ship in Norway

OPEC has been the most talked about international organization among investors, analysts and international political lobbies in the last few months.

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