Chinese economy to recover via investment in infrastructure and property
Asia Mining News
Aggregate market cap also reaches highest point since April
Stock closes 16% lower – more than 150 million shares dumped.
Gold and silver prices will remain under pressure says broker and research company Nirmal Bang.
Kyrgyzstan is one of the world's worst mining jurisdictions
India bought less than in 2011, while rate of growth in China was cut in half.
Australian officials are in India to formalise a deal for the largest and most comprehensive coal mining exploration program undertaken in Australia.
Massive Oyu Tolgoi copper and gold mine only tells part of the story of mining in Mongolia.
Newcrest Mining announced the sale of its 7.5% stake in Indonesia's Gosowong gold mine to PT Antam for $160 million.
After months of polemic and legal battles, Australian rare earths miner Lynas (ASX:LYC) has finally begun production at its Malaysian processing plant following a recent court triumph.
Diversified giants pick up the slack in East Asia
The World Gold Council (WGC) expects India’s total demand for the yellow shiny metal in 2012 to be nearly 19% lower in 2012 than last year, mainly due to low consumption during first two quarters.
In an unusual move, Chinese state-owned CNOOC and Canada’s Nexen Inc. (NYSE,TSX:NXY) have resubmitted notice of their potential deal to US regulators, which will reset the clock on Washington’s approval for the $15 billion energy deal.
According to the latest survey from the Consumer Electronic Association, about 60 percent of adults plan to shop in stores or online during the holiday weekend, with the average person indicating they’ll fork over $218 for gifts and merchandise from Thanksgiving through Cyber Monday.
High River acknowledges extension of offer by Nord Gold; board confirms recommendation that shareholders accept Nord Gold's offer
The board of directors of High River (with those directors who are nominees of Nordgold abstaining), have unanimously recommended that High River shareholders accept the offer.
The giant miner says Australia might miss the “Asian century” boat unless its tackles serious shortcomings, such as competitiveness, productivity, infrastructure investments and foreign capital attraction.
According to the World Gold Council (WGC), India's net gold imports for domestic consumption is expected to be about 800 tonne this year.
Tin mining is a profitable but damaging trade that has scarred the Indonesian island of Bangka, a granite outcrop just east of Sumatra, reports English newspaper The Guardian.
Gold prices on Saturday hit a new all-time high in the spot market in Mumbai, India, closing at $583 (Rs 32,340) for 10g, up by Rs 190 from Friday.
China plans to build storage for 5% of its energy by 2021
All through human evolution we have been harnessing increasingly effective forms of energy. From human power to horse power, to wood, coal, natural gas and uranium what we’ve been doing is searching for the highest energy density to make energy production more efficient.
After the government started enforcing a 7% tax on precious metals, most small-scale producers started selling to smugglers.
Nat Rothschild is roping in mining legend Robert Friedland to wrest control of London-listed Bumi from Indonesia's Bakrie dynasty.
Members of a Chinese band that sold silver jewellery covered in a thin layer of gold in Shanghai, causing eight local pawn shops lose about $4.2 billion, were charged Wednesday with contract fraud.