Conflict comes as Rio Tinto donated its majority stake in the operation to both Papua New Guinea and the Autonomous Region of Bougainville last month.
Asia Mining News
Once the underground expansion is completed Ouy Tolgoi would become one of the three largest copper mines in the world.
Between lessor and lessee in the growing mining equipment market, an asset manager acts as the lynchpin.
Newmont Mining’s exit after more than 30 years illustrates mining companies’ growing difficulties there.
Brutal regime earns $3.5bn/year from Muruntau and septuagenarian Uzbek dictator's hospitalization raises fears of power vacuum, influx of radical Islam.
India expects to woo 1 trillion rupees ($15 billion) of investment over five years to double mining output and cut mineral imports.
The world is far from reaching peak gold – miners are making the most of a rising gold price to bring giant projects on stream before the end of the decade.
Study shows commodities have been the best performing asset class during Fed rating hike cycles since 1983 with average returns for industrial metals 44%
Despite a rebound in commodity prices and successful costs cuts, Glencore remained in the red in the six months to end-June.
Canada’s Erdene Resource is one of the very few miners to have never encountered issues in the East Asian nation.
The project, discovered in 2004, was expected to generate about 30,000 jobs and produce up to 3 million carats a year.
Surprise spike in imports this year is not a trend says new report.
A federal court dismissed challenge from a traditional owner to mining permits for the mine.
The worst is over, at least for base metals, says Moody's, but warns that challenging industry conditions should continue through to at least 2018.
Nichols, a senior economic advisor to precious metals asset firm Rosland Capital, is on board of the bull wagon — he expects the metal price to rise before Jan 1. 2017.
Earth Alive signs exclusive multi-year distribution agreement with Brenntag Canada for its EA1 microbial technology
EA1 is a 100% organic and biodegradable product that uses the latest advances in microbial technology to control soil born dust emanations.
At a sold-out Moranbah luncheon last week, Bowen Basin Mining Club members were offered a timely insight into BHP Billiton’s global focus on production efficiencies and changing supply management practices.
Cooperation agreements between the nations would guarantee India fresh supply of Russian coal, liquefied natural gas (LNG), diamonds and fertilizers.
And one that's ultra-bearish.
Not even counting the $7.7 billion in write-downs and charges, BHP’s underlying profit dropped by a painful 81% to $1.2 billion for the year to June.
Report shows higher ore prices have encouraged the likes of Iran, Russia and Mongolia to increase shipments to China at faster pace than dominant players.
Glencore's will continue to curtail production in zinc, copper and other metals – it's clear why.
Rapid, large-scale urbanization will see India's top three cities rival the combined economies of Vietnam, Philippines and Malaysia.
Australian gold miner, Southern Gold Ltd (“Southern Gold”), advises that the novel use of cave explorers has been employed to initiate exploration on a second gold- silver project in South Korea, Weolyu South, located about 150km southeast of the capital Seoul.
The project, one of Canada’s oldest, will remain closed until benchmark oil prices rise above US$50 per barrel.