Asia Mining News

Thirteen miners trapped in coal mine in northern India after flooding

'We are praying that they come out alive' - Meghalaya Chief Minister Conrad Sangma.

Asia Gold-High prices leave demand in the doldrums ahead of holidays

If prices come down, we might see some buying because both the new year and the Chinese new year are coming up.

Capturing the value of veterans in mining

Capturing the diverse skills and talents of highly-trained defence force personnel as they transition to civilian work requires a specialised approach.

Indonesia coal miner Bayan completes A$226m buy back of Kangaroo Resources

"The aim of this share purchase is so that the company can have full control over its subsidiaries owned indirectly by Kangaroo Resources."

Alacer tables resource for Ardich in Turkey

Recent drill highlights include 48.5 metres grading 2.69 grams gold from 60 metres downhole and 42.5 metres grading 2.55 grams gold from 31 metres downhole.

India's green court to issue judgment on Vedanta smelter next week

A judgment on the smelter will be uploaded on the court's website in a week's time, after which there will be no further hearings on the case.

Asia Gold-India's gold demand loses steam due to high prices

Sentiment in gold is shrinking and if the price doesn't change demand will decline

India court panel extends hearing on Vedanta smelter case

State authorities permanently shut down the Tamil Nadu plant after police fired on protesters calling for the closure of the plant in May over concerns it was polluting their air and water.

Malaysian uncertainties complicate Aussie miner Lynas' growth plans

Lynas $800 million plant on the east coast Malaysia began operations in 2012 after long delays caused by legal challenges and environmental disputes.

Losing licence to operate new and biggest threat to miners — EY

Mining companies across the globe now consider the risk of losing their licence to operate as the biggest risk to their businesses in the next two years

Lynas mulls legal action as Malaysia conditions licence renewal

The Australian rare earths miner said it was disappointed with Malaysia's decision to impose new conditions on its licence to operate in the country, adding it was considering all options, including legal action.

The Saudi dilemma: To cut or not to cut

To cut and push up prices or not to cut and preserve market share.

Malaysia tells Lynas to remove radioactive waste for licence renewal

It needs to be removed by September 2, 2019, when Lynas' temporary storage licence expires.

Teck chooses Sumitomo to develop Chilean copper project in $1.2B deal

Sumitomo Metal Mining and Sumitomo Corp. will pay $800 million earn-in contribution and $400 million matching contribution for a third of Teck's 90% interest in Quebrada Blanca mine.

Nautilus setting JV to secure support vessels for Solwara 1 project

The support ship will be used at the company's Solwara 1 gold, copper and silver project, off the coast of Papua Guinea, set to be the world’s first commercial deep-sea mine.

Construction on $4B Indonesia EV battery project begins Jan 2019 – Minister

Looking at its resources, Indonesia will become the main player in lithium batteries.

Mitsubishi Materials says its Indonesia copper smelter declared force majeure on some deliveries

The smelter went into maintenance that was scheduled for about 30 days, but has been extended due to a lack of oxygen supply from a neighboring oxygen plant.

India's Adani says to fully fund its troubled Australia coal project

Taking a big step closer to building the long-touted project that has faced fierce resistance from green groups.

Indonesian president calls for Freeport deal to be wrapped up quickly

For Indonesian President Joko Widodo, seeking reelection next year, getting a majority stake in the mine for Indonesia would be a political boon.

Indian court panel says state government overreached by closing Vedanta smelter

The company was not given any notice or opportunity to explain its position.

Saudi Arabia says new mining project to increase non-oil GDP by 3%

King Salman inaugurated the Waad Al-Shamaal mining project, which is expected to boost the kingdom's GDP by $6.4 billion and its non-oil GDP by 3%.

Weddings boost Indian demand; activity muted in other hubs

Local gold prices were trading near their lowest since Oct. 1, as an appreciation in the rupee made buying overseas cheaper.

Indonesia's push for electrification and its impact on domestic coal – report

Due to better coal economics and relatively unsupportive renewable energy policies, we expect coal to still dominate the fuel mix at more than 60% from now until 2027.

Nippon Steel braces for weaker prices amid fears over China slowdown

Natural disasters and glitches at their ageing facilities have prevented Nippon Steel from producing as much steel as they had planned.

Saudi King to open $22.7B mining project on Thursday, Al Arabiya TV

The project is part of an industrial scheme aimed at opening up Saudi's north to development that will boost job creation.