Asia Mining News

What to expect from the next generation of autonomous trucks

Equipment will be making decisions on its own.

Done deal: Centerra Gold buys Thompson Creek for $1.1 billion

With the deal Centerra gets its hands on Mount Milligan, a large mine in British Columbia and reduces its reliance on Kumtor mine, in Kyrgyzstan, for cash flow.

Rio Tinto to ship less iron ore despite increased demand from China

Smaller rival Fortescue Metals went the opposite way — it increased iron ore exports by 5% in the Sep. quarter.

2017 not so good for nickel: BMI

BMI predicts that in 2017 nickel prices will start to moderately decline, as the global market moves into 27.2 thousand tonnes surplus.

CAT says room and pillar is like landlines — its days are numbered

The world's largest heavy machinery maker explains why it decided to put such division up for sale: "We wouldn’t have done that if we thought it could undermine our position in the market."

Coal plant threatens Bengal tiger ecosystem

Unesco and the International Union for the Conservation of Nature want Bangladesh to stop the Rampal power plant.

Gold prices up

December Comex gold was last up $7.40 an ounce at $1,270.30.

Joy Global shareholders approve $3.7 billion acquisition by Komatsu

The deal still remains subject to closing conditions and regulatory clearances.

Thermal coal just hit $100 per tonne and may stay this high until 2017

The last time prices for the commodity were this high was in 2012.

Miners find giant $170-million jade stone in Burma

Miners found a 175-tonnes heavy jade stone.

Metso supplies key equipment to one of world's largest greenfield copper projects

The full delivery of minerals processing equipment to the Qulong copper mine covers engineering, a full scope of advanced minerals processing equipment and advanced process control system including 6 crushers, 8 semi-autogenous grinding mills and 8 ball mills, 8 stirred mills, 4 vertical plate pressure filters and 16 vibrating screens, as well as related services like installation, start-up, commissioning and technical direction.

Caterpillar CEO Oberhelman to step down in March

Jim Umpleby, group president for energy and transportation, will succeed Oberhelman as chief executive.

Is clean coal an option for India?

The accumulated benefits of implementing CCS at a large scale, given careful planning and prudent execution, could outweigh the one-time cost.

CEO Gary Goldberg dishes on Newmont Mining's aggressive investment program

"I'm a mining engineer so I always like to see the equipment. That's always fun to get out and see, and especially how technology is being applied."

Aussie iron ore magnate Rinehart takes her children to court again

The move comes about 17 months after her children — John Hancock and Bianca Rinehart — won control of the family fund.

Philippines to extend ban on new mines, review current permits

The move is part of the government's increasing efforts to clamp down on damage caused by the mining industry in the nation, the world's top nickel ore supplier.

Anglo Asian shares dive after reporting gold output drop in Azerbaijan

The company produced 49,874 ounces of gold in the nine months to September, or 7.8% less than in the same quarter last year. It also cut its 2016 production target.

Resurgent Iran to impact copper, zinc prices through 2020

Report: Lifting of sanctions will spark double digit copper output growth in Iran, home to world's second largest copper mine and largest zinc reserves.

Scotiabank pushed to reveal internal emails in gold fixing case

All involved banks will also have to produce all relevant chat room instant messages and any other written communication they exchanged, whatever the media.

Nickel price rally 'on shaky ground'

Partial lifting of Indonesia ore ban could make up any potential Philippines export losses.

Bonus payment agreement ends strike at Freeport’s mine

Close to 1,000 workers, mostly truck operators, stopped working by the end of September.

Indian politician denounces illegal sand mining

Sushil Kumar Modi declared that the illegal activities were happening with the blessing of the police and the mining and transport departments.

Futures markets point to 'overcooked' coking coal price

CHARTS: Panic buying from Europe and India said to be behind met coal surge.

Komatsu America to buy and convert four NM and TX distributor locations for relaunch as Komatsu Southwest

Locations will support long-term distributor growth and customer satisfaction goals

INFOGRAPHIC: The facts and figures that make space mining real

While many still see space mining as science fiction, global recruitment expert Fircroft has compiled data that proves it feasible.