Nautilus says it has had no contact with Bailey and is seeking more information about the bid.
Asia Mining News
if they manage to crack thorium, the world will need less oil, coal, and gas than feared.
Natural resources are underutilized and could provide more opportunities
Australian miner rockets 14% after saying first commercial rare earths available within weeks. Molycorp et al surge in sympathy.
Wealthy 32-year-old Indian man expects to dazzled the ladies.
Four leading Asian economies currently account for almost of Iran's exports of oil
Imports of rare earth minerals from China plunged in 2012, while Japan-sourced supplies more than tripled
New survey reveals significant anti-foreign sentiment
Unconventional gas is becoming increasingly popular across the Asia-Pacific, as demand for natural gas grows throughout the region’s major industrialized nations.
Embattled Bumi Resources swings into $652 million loss after derivative trade goes wrong.
A second wave of raw materials demand from India and Brazil will support the global mining industry says global accountancy firm KPMG
Daewoo, LG and Korean government team up with Cauldron Energy on Marree Uranium project
Diamond cutting profession on the wane in Israel
Curbing already slack demand.
The consortium includes South Korean steelmaker POSCO and Taiwan-listed China Steel.
A court-ordered ban on iron ore production in India is helping to boost spot prices as well as providing global mining giants with extra supply opportunities
A trademark row involving the long-established Diamond Exchange of Singapore (DES) and two-year-old Singapore Diamond Exchange (SDX) looks set to be settled in the High Court.
Australia now a key destination for foreign sex workers, illegal narcotics and touring rock bands
Sources highlighted that the reserve, spanning 31,183 hectares, is estimated to bear some 200 million metric tons of bauxite.
Gold is likely to hold steady-to- firm in 2013 and could reach Rs 33,000-level as economic growth prospects improve and certain international factors push up the commodity's price, market experts have said.
U.S. needs to boost resource extraction as part of economic re-growth
"Some measures may cause immediate pain"
"We need to reconsider the previous administration's policy that aimed to make zero nuclear power operation possible during the 2030's"
Despite the recent drops in gold prices, David Rosenberg, the chief economist and strategist at Gluskin Sheff and former Chief North American Economist at Bank of America Merrill Lynch, is bullish about the precious metal.
The mining town of Tabubil, in Papua New Guinea, is facing the closure of the nearby Ok Tedi copper mine, an operation that currently employs nearly 2,000 people, most of them locals.