Asia

Iron ore prices approaching 5-year low

Cecilia Jamasmie | August 29, 2014
Iron ore prices hit lowest in five years

Monthly loss up to 8.4%

Coal shortage cripples half of India’s power plants

Cecilia Jamasmie | August 29, 2014
Coal shortage cripples half of India’s power plants

They barely have enough to last a week, the lowest level since one of the world's worst blackouts hit the country in 2012.

Potash: Come back Baumgertner, all is forgiven

Frik Els | August 28, 2014
Potash: Come back Baumgertner, all is forgiven

One year after Vladislav Baumgertner blasted the global potash market wide open, the now ex-Uralkali CEO's predictions seem to be playing itself out.

Iron ore falls again, hits fresh two-year low

Cecilia Jamasmie | August 27, 2014
Iron ore falls again, hits fresh two-year low

If the steel-making material loses another $2 a tonne, it will be the lowest since October 2009.

INFOGRAPHIC: Abenomics, Japan's dangerous experiment

Visual Capitalist | August 27, 2014
INFOGRAPHIC Abenomics feat

Involves splitting electric utilities generation businesses, exporting nuclear plants.

Newmont abandons mining arbitration case against Indonesia

Cecilia Jamasmie | August 26, 2014
Newmont abandons mining arbitration case against Indonesia

Operations at the miner's Batu Hijau copper and gold mine to resume soon.

Report: Worst is surely over for explorers

Frik Els | August 25, 2014
Report: Worst is surely over for explorers

Capital raising for exploration up more than 32%.

Michael Fowler: Juniors and midtiers poised for M&A-fueled breakout once gold recovers

The Gold Report | August 25, 2014
Juniors and Midtiers Poised for M&A-Fueled Breakout Once Gold Recovers

Michael Fowler, senior mining analyst with Toronto-based Loewen, Ondaatje & McCutcheon, says majors need development-stage companies with high-grade, near-term production assets

Over 200 coal mining licences deemed illegal by India’s Supreme Court

Cecilia Jamasmie | August 25, 2014
Over 200 coal mining licences deemed illegal by India’s Supreme Court

The country’s top court will decide on whether to revoke those permits in a series of hearings starting September 1.

New $15bn coal mine in Australia to hire over 5,000 workers

Cecilia Jamasmie | August 25, 2014
New $15bn coal mine in Australia to hire over 5,000 workers

And that's only during the construction phase.

Cliffs Natural Resources up on $200m buyback plan

Cecilia Jamasmie | August 25, 2014
Cliffs Natural Resources up on $200m buyback plan

The new repurchase program will remain active until Dec. 31, 2015.

If China, Russia succeed in ditching the dollar…

Sprott Group | August 24, 2014
What if China, Russia succeed in ditching the dollar

This is one of the greatest wealth transfers in history.

SCO and Mackinder’s prophecy

GoldMoney | August 24, 2014
SCO and Mackinder’s prophecy

The SCO intends to do away with the U.S. dollar for trade settlement.

Anglo American, horse breeders fight over mine expansion

Cecilia Jamasmie | August 22, 2014
Anglo American, horse breeders fight over mine expansion

The open pit mine would produce 7 million tonnes of coal a year and contribute $33 million in annual royalties.

Glasenberg: 'Supercycle ain't over' – demand 'higher than it’s ever been'

Frik Els | August 20, 2014
Glasenberg: 'Supercycle ain't over' - demand 'higher than it’s ever been'

Glencore CEO Ivan Glasenberg strikes positive note after announcing jump in profits, output and better trading conditions at Swiss commodities giant.

Potash prices, oversupply scaring potential Jansen partners: BHP

Cecilia Jamasmie | August 19, 2014
Potash prices, oversupply scaring potential Jansen partners: BHP

Chief Executive Officer Andrew Mackenzie said the project ramains in BHP's main plans, but added the firm is not in a rush to develop it.

Cecilia Jamasmie

Demerged BHP may not hold on to coal assets for long: analysts

Cecilia Jamasmie | August 18, 2014
Demerged BHP may not hold on to coal assets for long: analysts

The division contributed just $746 million of the $21.12 billion earnings BHP reported for the 2013 financial year.

Rio Tinto weighs stake in closed Papua New Guinea copper mine

Cecilia Jamasmie | August 18, 2014
Rio Tinto weighs stake in closed Papua New Guinea copper mine

The miner is reviewing all options on its 53.83% stake in Bougainville Copper, the operator of its Paguna mine, which has a potential gold and copper resource worth over $60 billion.

Newcrest posts second year of major loss

Frik Els | August 18, 2014
Newcrest posts second year of major loss

Production up and costs down, but asset impairment at Papua New Guinea mine results in $2.2 billion statutory loss for Australian gold miner.

High expectations for the mother of all lodes in Afghanistan

Tommy Humphreys | August 17, 2014
afghanistan mineral wealth map 333

$908 billion of mineral wealth.

Frank Holmes - U.S. Global Investors

Three Gorges Dam described in superlatives

three gorges dam flickr feat

Comprehending China's massive infrastructure build.

Chinese rare earth alliance sues Hitachi Metals over patents

Cecilia Jamasmie | August 15, 2014
Chinese rare earth alliance sues Hitachi Metals on patents

Hitachi holds over 600 neodymium iron boron magnet patents, but has authorized only eight Chinese companies to use them in a total of 149 patents.

This pink diamond may become one of the most valuable gems ever sold

Cecilia Jamasmie | August 15, 2014
This pink diamond may become one of the most valuable gems ever sold

The diamond is expected to fetch between $12.8 million and $15.4 million at auction on October 7.

Queensland approves rail line to coal port by Great Barrier Reef

Cecilia Jamasmie | August 15, 2014
Queensland approves rail line to coal port by Great Barrier Reef

Adani now only needs to get the federal government green light on the same railway to have all required permits in place.

Western gold jewelry buyers come roaring back

Frik Els | August 14, 2014
Western gold jewelry buyers come roaring back

Q2 study shows decline in global gold demand, but US and UK jewelry buying surges and central banks add to holdings for a 14th straight quarter.

Australian gold mining firm pushed off Guadalcanal

Frik Els | August 14, 2014
Australian gold mining firm pushed off Guadalcanal

St Barbara says all staff evacuated from its Gold Ridge mine on the Solomon Islands over security concerns.

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