Asia Mining News

Glencore vows to appoint female director

The move would drop the number of FTSE 100 with all-male boards to five.

Myanmar: No incendiary weapons used on copper mine protest crackdown

The country rejected Saturday an independent report claiming security forces used white phosphorus in a crackdown on a Chinese-backed copper mine protest last November.

Goa mulls banning all new iron ore projects

Officials claim Goa should be focused instead on exploiting existing low-grade iron ore dumps worth billions.

China, Ghana gold production spike, others fall

The top 10 gold producing countries mined out 1,799 tonnes of the precious metal which is 2% more than in 2011.

Moody's issues water warning to miners

Scarcity puts pressure on capex and raises operational risks.

World gold demand falls in 2012 for first time in three years

The World Gold Council predicts consumption of the precious metal should be steady this year, although unlikely to reach the high levels seen in the worst of the financial crisis.

Rio Tinto smashed by largest ever loss, new CEO vows cuts

The mining giant provided investors with a sour Valentine’s treat as it posted a $3 billion loss, its first ever full-year loss.

Glencore-Xstrata post poor key metals output

The miners joint production numbers released by Glencore revealed a decline in output across key metals such as coal and copper.

Chinese bank calls $1.6 trillion local government debt a timebomb

"Impulsive" newly elected local governments over-invest in large infrastructure projects in China. Like this 42km long bridge.

Japan commences rare earth extraction in the Caribbean

Nippon Light Metals has commenced the extraction of rare earth minerals found in red bauxite mud in Jamaica's Hope Gardens, St. Andrew.

Fresh blow to Nat Rothschild in Indonesian coal boardroom brawl

Advisory firm tells shareholder to vote against some of his proposals.

Uranium supply threatened by force majeur in Kazakhstan and Niger

Uranium supply in key producers Kazakhstan and Nigeria could be severely impeded by weather problems and political turmoil.

Glencore could be looking at First Quantum takeover

Glasenberg is known as a voracious dealmaker and is said to prefer acquisitions over organic growth.

Kazakhstan reinforcing its leadership in the global uranium race

Kazakhstan continues to lead the world in uranium production.

Global mining industry faces unprecedented threats: report

Resource nationalism, poor infrastructure that hinders development and supply chain disruptions are some of the biggest risks the global mining sector will face this year.

Gold and silver to surge on Asian demand: Leeb

Renowned investment expert Stephen Leeb says gold and silver are set to embark upon "the greatest bull market people will ever see in their lifetimes" amidst an industrial squeeze and a surge in appetite for precious metals from Asia.

President: "Time has come for Mongolia to take Oyu Tolgoi matters into its own hands”

Mongolian president Elbegdorj delivers stinging rebuke to 'irresponsible' Rio over Oyu Tolgoi's runaway costs of $24bn.

Jumping exports give silver impetus in India

To gold starved Indian consumers, silver has taken on a brighter hue at home, but it remains the silver export sector that is leading the charge.

Iron Ore Exports at 2.6m Tons

Iran exported over 2.6 tons of granulated iron ore during August 20, 2011-January 19-2013, Iran Minerals Production & Supply Company announced.

Top 10 trends facing the mining industry

VIDEO: Deloitte's fifth annual global mining report on pressing issues and practical solutions to problems.

Potash Corp's profits plunge on dwindling Asian demand

Potash Corp. of Saskatchewan (TSE:POT) has logged a stunning 38% decline in Q4 profits due to dwindling demand from core Asian export markets India and China.

Report: Polyus putting 4 deposits containing 28m oz up for sale

Russian gold miner may get around $2.2 billion for the properties.

Report: Big changes coming to Kazakh mining

More stringent environmental enforcement and a shift of resources to regions.

Siberian family found by Soviet mining team after four decades of total isolation

A remarkable saga of survival in the remote Siberian wilderness has recently resurfaced, concerning the discovery by Soviet mining scientists of a family who had spent four decades of their lives in complete isolation from the outside world.

Rothschild-Bakrie mess makes London bourse look 'second-rate', fit only for 'speculative mining plays'

The saga has tarnished the Rothschild and Bakrie dynasties, but the LSE deserves much of the blame.