Asia

Uranium picks up on Asia’s renewed appetite for nuclear energy

Cecilia Jamasmie | December 18, 2014
Uranium picks up on Asia’s renewed appetite for nuclear energy

China’s increased reliance on nuclear energy and Japan restarting its reactors are only two of the factors driving prices up.

Fed pledge to be 'patient' lifts Asia stocks

bbcnews | December 18, 2014

Markets in Asia were mostly higher after the US Federal Reserve pledged to be "patient" on raising interest rates from record lows.

India joins iron ore output surge

Frik Els | December 17, 2014
India joins iron ore output surge

State-owned iron ore miner NMDC to triple production to 100 million tonnes per year by the end of the decade.

China lowers coal export levies to boost ailing economy

Cecilia Jamasmie | December 16, 2014
China lowers coal export levies to boost ailing economy

The country will cut export tariffs for coal from Jan. 1 as part of broader efforts to drive economic growth.

INFOGRAPHIC: How to ensure your diamond is conflict free

MINING.com Editor | December 16, 2014
INFOGRAPHIC: How to ensure your diamond is conflict free

Jeff Gear, the owner of Gear Jewellers Dublin, submitted this infographic that explores the realities of the blood diamond industry.

Newcrest, Harmony set to build one of the world's lowest-cost gold mines

Cecilia Jamasmie | December 15, 2014
Newcrest, Harmony set build one of the world's lowest-cost gold mines

The revised plan for their jointly-owned Wafi-Golpu in PNG will require an initial capital spending cost of $2.3 billion.

Australia sees iron ore at $60 as commodities hit budget

Bloomberg | December 15, 2014

Australia estimates iron ore will trade at about $60 a metric ton as the biggest slump in the nation’s terms of trade since records began more than 50 years ago deepens the budget deficit.

India takes first step to end state coal monopoly

Cecilia Jamasmie | December 12, 2014
India takes first step to end to state coal monopoly

India’s Parliament has paved the way for private sector companies to mine coal commercially in the country.

Here is what India needs to effectively manage gold demand — interview

Cecilia Jamasmie | December 11, 2014
Here is what India needs to effectively manage gold demand — interview

Somasundaram PR, Managing Director of the World Gold Council India, peels back the underlying weakness of India’s gold trade in an interview with MINING.com.

Alrosa strenghtens ties with India

ALROSA | December 11, 2014

Russian diamond giant ALROSA and Indian Gem&Jewellery Export Promotion Council (GJEPC) co-organized the World Diamond Conference in New Dehli, India.

Move over Alrosa, Rio Tinto wants to drive growth in India’s diamond sector

Cecilia Jamasmie | December 11, 2014
Move over Alrosa, Rio Tinto wants to drive growth in India’s diamond sector

The miner hinted its 30-year partnership with the Indian diamond industry makes it the best fit to drive the sector’s growth in the country.

Home Alone, Mystic Pizza producer wants to make Bre-X movie

Frik Els | December 10, 2014
Home Alone, Mystic Pizza producer wants to make Bre-X movie

Hollywood mogul has already attracted investment from miners to film industry's biggest scandal.

Vietnam’s emerging nickel-sulphide district

Frik Els | December 9, 2014
Vietnam’s emerging nickel-sulphide district

Asian Mineral Resources blazes a trail in South East Asia.

Diamond demand, prices set to soar in next decade

Cecilia Jamasmie | December 9, 2014
Diamond demand, prices set to soar in next decade

Financing and marketing are two of the key challenges the industry will have face when trying to keep the global diamond market growing.

This is why India needs a gold policy — WGC

Cecilia Jamasmie | December 9, 2014
This is why India needs a gold policy — WGC

There are at least seven good reasons, says the World Gold Council.

Vale sells stake in Mozambique coal project to Mitsui for $763m

Cecilia Jamasmie | December 9, 2014
Vale sells stake in Mozambique coal project to Mitsui for $763m

Mitsui, which since 2003 is part of the holding group that controls Vale, is expanding partnerships with the world’s largest iron-ore miner.

Is Indian gold turnaround a game changer for prices?

Mineweb | December 7, 2014

Something seems to have spooked the gold bears. We noted a few days ago that there seemed to be signs of new positive momentum building for gold, but then were worried that the big failure of the Swiss gold initiative might prompt another drive down in the gold price.

Sandvik relocates global equipment unit to India and China

Cecilia Jamasmie | December 5, 2014
Sandvik relocates global equipment unit to India and China

The firm is closing several facilities in the U.S. and Europe, as part of a two-year business reorganization set to conclude in the next fiscal.

Vale to sell 15% of its $3bn Mozambique coal project to Mitsui

Cecilia Jamasmie | December 5, 2014
Vale to sell 15% of its $3bn Mozambique coal project to Mitsui

The miner confirmed Friday it is in talks “with a potential investor,” but did not name its counterpart.

Putin seeks to boost Russian diamond trade through India

Cecilia Jamasmie | December 5, 2014
Putin seeks to boost Russian diamond trade through India

The Russian leader is expected to ink a long-sought deal with India during his visit to the country next week.

Jeffrey Nichols: paper gold bears losing grip on price

Frik Els | December 4, 2014
Jeffrey Nichols: paper gold bears losing grip on price

Physical buyers numbering millions are setting up a sustainable long-term gold price upswing in the face of a small group of speculators.

Rio Tinto-Glencore a ‘poor match’: Sam Walsh

Cecilia Jamasmie | December 4, 2014
Rio Tinto-Glencore a ‘poor match’: Sam Walsh

Walsh emphasized Rio was not planning any major acquisition to protect itself from a potential takeover by the commodity trader and miner rival.

Women mostly missing at London’s 'Mines and Money' event

75 participating countries, 200 companies, 200 presenters, 3,000 attendees… and fewer than 15 women invited to speak at Mines and Money London 2014. About time for a change – don’t you think?

Cliffs Natural selling coal assets, expects loss of up to $425m

Cecilia Jamasmie | December 3, 2014
Cliffs Natural selling coal assets to Coronado Coal, expects loss of up to $425m in Q4

Miner is dropping coal operations to focus on iron ore.

Why did the price of potash plummet?

World Economic Forum | December 2, 2014

Prices are unlikely to reach cartel-era levels, however.

Ancient gold coins found in toilet in southern India

Cecilia Jamasmie | December 2, 2014
Ancient gold coins found in toilet in southern India

Construction workers found pot full of 200-year-old gold coins, but didn't get to keep them.

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