Asia Mining News

Mapped: The global coal trade

The global coal trade doubled in the decade to 2012 as a boom took hold in Asia. Now, the coal trade seems to have stalled or even gone into reverse.

Centerra Gold announces results, first quarter dividend

The company's gold production for the year is expected to be between 480,000 to 530,000 ounces.

Glencore mulling sale of gold mine in Kazakhstan

The company could rise $2 billion for offloading Vasilkovskoye, its largest gold mine.

INFOGRAPHIC: The riskiest places to live

Risk, from a mathematical perspective, is the probability of an event multiplied by its potential impact.

Simba S7 – a production drill with game changing precision

Atlas Copco, one of the leading providers of sustainable productivity solutions, is introducing a new and improved model in the production drill category: Simba S7. The Simba S7 shows off with its game changing precision, assuring more precise drilling and less waste.

Newmont Mining turns 95

Newmont Mining Corporation was officially incorporated on May 2, 1921.

Gold soars past $1,300 — first time since Jan. 2015

The metal climbed for a sixth consecutive session on Monday, past the psychologically significant $1,300 an ounce mark.

Higher coal use could cause droughts in Asia

Continued reliance on energy derived from coal may have an unintended consequence to the environment in the countries where it is burned the most, according to a new study.

Kyrgyz law enforcement agencies search Centerra Gold’s office

They are looking into a dividend paid by Kumtor to Centerra in 2013, which the miner says complied with the country's laws and 2009 agreements governing the project.

This chart shows actual China GDP growth highest since 2014

Few trust official Chinese growth numbers, but new research shows activity across a wide section of the economy accelerated sharply in the first quarter.

Adani’s $12bn Carmichael project hit with yet another lawsuit

A green group asked the Supreme Court in Queensland to review the environmental approval of the controversial coal mine and rail project.

Freeport axes oil and gas workforce as it posts sixth straight loss

The company, which is the US biggest miner by market value, is cutting 25% of its workforce to reduce debt.

Emerging trends in the mining industry

Despite the dilemmas in recent years, which continue to persist, emerging trends in the mining industry may offer solutions — or at least opportunities for improvement industry-wide.

CAT chairman pours cold water on mining rally

"It is not clear at this time that the current prices are either sustainable or sufficient".

Miners spending again: $50 billion capex in five months

Confidence returns to mining sector as announced capital outlays surge to $108 billion – greenfield project spending up three-fold in first quarter.

CAT sales latest sign of mining improvement

World's number one heavy equipment manufacturer arrests sales decline in March.

Mongolia and Colombia tout their fair mined ecological gold

The Alliance for Responsible Mining announces today that Fairmined Ecological Gold from the Mongolian organization XAMODX and five mining organizations in la Llanada, Colombia is now available.

Newmont Mining investigating bribery allegations

The gold and copper miner didn’t specified where the alleged misconduct took place.

Uranium market is getting crushed

Uranium price falls to lowest since May 2005 as bearishness overwhelms the sector.

Myanmar Wanbao: A new dawn for the Chinese copper miner

Documentary focuses on how Chinese mining company Myanmar Wanbao is changing and speaking the new language of a changing Myanmar.

China launches yuan gold fix in bid to gain more influence in metal pricing

It is set twice a day based on a few minutes of trading by 18 trading members,

India says Kohinoor diamond belongs to Britain

The gem has been at the centre of a diplomatic row between India and the UK, with New Delhi arguing for decades that it should get it back.

Adani $12 billion Carmichael coal project faces fresh legal challenge

Australia’s indigenous people Wangan and Jagalingou, traditional owners of the land proposed to host the project are challenging it in court.

Afghan mineral wealth being looted by strongmen, experts say

Afghanistan has reserves of coal, copper, iron ore, zinc, mercury, rare earths, gems such as rubies and emeralds, gold and silver worth about $3 trillion.

Did BHP just call the bottom of the mining cycle?

CEO Andrew Mackenzie said over the weekend "the commodities fall has stopped". Not only that – after recent rallies six are back in bull markets.