Worries about China and the possibility of a hard landing weighed on markets and commodities.
Asia Mining News
Rio Tinto Diamonds has released the first sustainable development report for its diamond Bunder Project in India, due to begin commercial diamond production in 2016.
After months of intense debate among mining companies, environmentalists, local groups and church leaders, the government of the Philippines has decided to increase royalties from mining companies.
The National Post reports that June home sales hit a 10-year low.
On Friday Centerra Gold hosted a visit by the Kyrgyz Prime Minister Babanov to the Kumtor mine. The visit came a week after Kyrgyzstan authorities said they wanted to renegotiate a contract with the gold miner.
Vedanta, Rio Tinto, Anglo American and Kazakhmys all enter top ten risers after People's Bank of China tries to encourage spending.
Fukushima disaster stemmed from 'a multitude of errors and willful negligence': parliamentary inquiry
A parliamentary inquiry released an unfliching report on the Fukushima nuclear disaster, calling the disaster manmade, wholly forseeable and even laying blame at the feet of Japanese culture itself.
Ken Booth has been involved in the mining industry for 30 years and sees the past two decades of quiet, stable growth that Cambodia has enjoyed out of the world's economic spotlight as an opportunity for investors.
Not deviating from his stated position on mining rush, Union Minister for Rural Development Jairam Ramesh on Monday reiterated that private companies were not welcome in Saranda.
Chinese operas have been keeping audiences enthralled for hundreds of years with mythical characters, enchanting stories and elaborate masks that add drama and mystery. While this fantastical treatment is appreciated in the theatre, it isn’t in g...
BNP Paribas S.A. (Euronext: BNP) likely to expected a huge nickel surplus of 40,000 metric tons (mt) in this year.
Traders are bracing for a replay of the April squeeze that made copper expensive to obtain quickly, saying major trader Glencore controls almost half the inventories of the commodity held in London Metal Exchange-registered warehouses worldwide.
CEO Nicholas Curtis says he underestimated the power of social media as local residents in Malaysia have used Facebook and Twitter to rally local and foreign opposition to the company's proposed rare-earths plant.
Chaarat Gold Holdings has received a mining permit for its Tulkubash licence area from the Kyrgyz Government. The company raised the funds for the project in March 2011 and is now in negotiations with the Government for a long term agreement. Chaarat G...
After years of political wrangling, the Minerals Resource Rent Tax or MRRT takes affect as the country's largest polluters will now pay A$23 for every tonne of greenhouse gas they produce.
The second half of this year may see 20 percent increase in gold imports to 300 tonnes over the first six months, a bullion association has said.
Ohi nuclear plant’s reactor No. 3 was restarted on Sunday, the first nuclear reactor to power back up after Fukushima nuclear disaster.
Jim Rogers poured cold water on Friday's stock rally after European leaders agreed to backstop more debt-stricken banks. The S&P 500 jumped 2.49% on Friday, and spot gold was up $30 to close at $1,599.10/oz.
The opposition Democratic Party declared victory in yesterday’s parliamentary elections over Mongolia’s ruling party in a highly disputed election that focused on how to better share profits from a conflict-ridden mining industry.
In regard to its Korean-based mining project, the Woulfe press release states, " there is no extra 60 days in the deal with our strategic partner and it is on track, moving forward under the terms outlined in the agreement announced on February 28th, 2012."
Nautilus Minerals, locked in a dispute with Papua New Guinea over ownership of the world's first sea-floor mine, dropped 9.7% on Thursday, hurt by news of violence, kidnapping, vote rigging and delays after the first week of general elections in the country.
Shares of Centerra Gold fell 16% by midday after an announcement that one of its directors had quit.
Kyrgyzstan's parliament has approved a review to the operating license for Centerra Gold, which is developing a major gold mine that accounts for 12% of the Central Asian nation's economy, announced the company Wednesday.
Worldwide reserves of potash could surpass demand by between 59% to100% by 2020, says the latest report published by Rabobank.