Gold and silver prices ran out of momentum during the first week of July and have been drifting lower ever since.
Asia Mining News
What killed the dinosaurs? It's a question as old as – well the dinosaurs themselves, and one that everyone from school children to scientists have been asking for decades.
The deal, Komatsu's biggest-ever acquisition, is set to boost its clout in the mining industry.
Most of the total gold reserves (88%) are held by only 20 countries.
Samsung Electronics (KRX:005930) is looking to take the plunge into electric vehicle (EV) technology with a sizable investment into BYD Co., (HKG:1211) the world's largest electric car manufacturer.
India's status as a major coal importer is starting to wane, and that is having a negative effect on a major supplier: Indonesia.
Watchdog worried about sovereignty issues in the country’s resource sector.
Coal India, which produces more than 80% of the country’s coal, plans to increase annual output to about 1 billion tonnes in the next four years.
A crackdown by the Chinese government on surplus thermal coal has had a knock-on effect on the price.
A suite of high grade gold assets in South Korea, most of them historic underground or artisinal gold and silver workings, some of which extend over a large footprint, are to be acquired by Australian gold producer, Southern Gold Limited (ASX: “SAU”).
The new investment fund would focus on financing gold mining projects in eastern Russia.
China’s state-backed Silk Road Fund is said to be considering a joint $2 billion bid with China National Gold Group for the Vasilkovskoye mine.
Analysts say the metal likely to reach $1,400 shortly and settle in the second half of this year, averaging $1,340 an ounce.
The Blair Athol mine, closed in 2012, would be the second Australian coal asset in a year to be sold for just A$1.
Product launch and acquisition are the key growth strategies adopted by the leading market players, such as Caterpillar and Komatsu, to strengthen their foothold in the market.
Australia has about 40% of the world's uranium reserves and exports nearly 7,000 tonnes of yellow cake annually.
Decision follows a company review of the asset that was triggered by the Bouganville government’s pressure to restart mining at Panguna or give it up.
With the sale, Newmont is offloading its Batu Hijau mine, Indonesia’s the second-biggest copper and gold operation.
Nickel's jumped back above $9,000 and the outlook is for steady price increases through 2019 despite possible lifting of Indonesian export ban – report.
Delhi wants to open up mining of gems and precious metals and cut reliance on imports.
Iron ore advanced to a 5-week high of $53.40 on Tuesday, but analysts see steep decline in the final quarter of 2016.
We are on the precipice of a food fight among 7 billion people, and potash will be right at the center of it.
The 42%-growth to 3.4 million barrels per day by 2025 will come from the expansion of existing facilities rather than new projects, IHS says.
Kumtor mine is the country's largest private sector employer and taxpayer and Centerra’s main gold producing mine.
It will raise its annual exploration spending by 29%, allocating nearly all its $900 million budget to finding new copper and oil deposits in the fiscal year beginning next month.