Gold consumption in the country fell to 569.5 tonnes, with the weakness in the yuan adding to higher spot prices.
State-owned and private companies from the UK, Germany, India, Brazil, Singapore and Russia are among those to benefit from the seabed regulator’s decision.
The shipments, the first of their kind in six months, were allowed after Sebuku Iron Lateritic Ores (SILO) and Lumbung Mineral Sentosa agreed to pay the new 20% tax.
India's government will initiate the process of allowing private companies to commercially mine coal and end the state monopoly after the public offer of shares of Coal India Ltd.
Authorities are is planning to send a letter to the Colorado-based miner saying that it has defaulted on its contract and, therefore, is “negligent."
The company also said that ore from its Cigar Lake mine, in Canada's Saskatchewan, would not be milled until early 2015, instead by the end of the year.
The world’s second-largest mining company’s produced 139.5 million metric tons of iron ore in the six months through June, while its shipments rose 20% to 142.4 million tons.
According to the company, the mine will employ about 1,800 workers during construction and generate 1,000 permanent jobs once opened.
Coal-based power plants struggling to meet demand.
In the first half of 2014, the country’s coal imports grew just 0.9%, compared with 13.3% a year earlier.
As BHP considers the sale of almost all of the businesses that Billiton brought to the 2001 merger deal, experts say the firm is likely to end up leaving London.
Officials estimate they have seized four times more gold in the first quarter of the current fiscal year (April to June) than in the same period last year.
Follows signing of FTA seen as major opportunity for Australian miners.
JSW Steel, led by billionaire Sajjan Jindal and India's third-largest maker of the alloy, will import 6 million tonnes of iron ore this fiscal year compared with no shipments a year earlier due to production cutbacks at home.
The move aims to shift blame for delays away from the government.
Newmont, instead, was called to return to the negotiation table or face the consequences.
Government said close to a half of the country's coal power plants only have enough stocks to last a week.
Production ramp-up comes despite price plunge earlier this year.
A majority of Canadians overestimate the contribution the oil sands make to the world’s 11th largest economy, a study published Friday reveals.
Firm struggled to increase output due to problems at Malaysian plant.
Sale of Candelaria mine could raise several billion dollars, according to people familiar with the matter quoted by WSJ.com.
Equipment sales in the Asian country are already 20% below expectations.
New law expands the proportion of Mongolia’s area available to mining and exploration from 8% to 20%, among other investor-friendly changes.
Domestic supply can't be cut much further and Chinese steelmakers are demanding deeper discounts for lower grade imports.
Part of regional efforts to set new price standards.
The scandal-struck Indonesian coal miner formerly known as Bumi, did not re-elect Chris Walton at the annual shareholder meeting Friday.
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