Asia Mining News

Nautilus Minerals receives unsolicited bid

Nautilus says it has had no contact with Bailey and is seeking more information about the bid.

China sets eyes on thorium for 'clean' nuclear power generation

if they manage to crack thorium, the world will need less oil, coal, and gas than feared.

Exploration must eradicate poverty in India

Natural resources are underutilized and could provide more opportunities

Lynas finally fires up Malaysian plant, ignites REE stocks

Australian miner rockets 14% after saying first commercial rare earths available within weeks. Molycorp et al surge in sympathy.

New dating tip: wear this $250,000 gold shirt

Wealthy 32-year-old Indian man expects to dazzled the ladies.

Half of Iran's post-sanction oil exports headed for China

Four leading Asian economies currently account for almost of Iran's exports of oil

South Korea turns to Japan to reduce rare earth reliance on China

Imports of rare earth minerals from China plunged in 2012, while Japan-sourced supplies more than tripled

Australians want to put the brakes on foreign ownership of mining interests

New survey reveals significant anti-foreign sentiment

Coal seam gas production balloons in Asia

Unconventional gas is becoming increasingly popular across the Asia-Pacific, as demand for natural gas grows throughout the region’s major industrialized nations.

Rogue trade: Things just got a whole lot worse for Rothschild-Bakrie venture

Embattled Bumi Resources swings into $652 million loss after derivative trade goes wrong.

India and Brazil to replace China as main drivers of resources demand: report

A second wave of raw materials demand from India and Brazil will support the global mining industry says global accountancy firm KPMG

Koreans prospect for uranium in South Australia

Daewoo, LG and Korean government team up with Cauldron Energy on Marree Uranium project

Israeli diamantaires recruit cutters and polishers from amongst ultra-Orthodox faithful

Diamond cutting profession on the wane in Israel

New import tax could slash Indian gold buying again

Curbing already slack demand.

ArcelorMittal selling $1.1-billion stake in Canadian iron ore business to Asians

The consortium includes South Korean steelmaker POSCO and Taiwan-listed China Steel.

Mining giants reap the benefits of India's iron ore ban

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

High Court to settle 'diamond exchange' trademark row

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.

Sex, drugs, rock'n'roll all get a boost from Aussie mining boom

Australia now a key destination for foreign sex workers, illegal narcotics and touring rock bands

Odisha state government renews bauxite mining efforts at Karlapat

Sources highlighted that the reserve, spanning 31,183 hectares, is estimated to bear some 200 million metric tons of bauxite.

Gold likely to hold 'steady-to-firm' in 2013

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.

Glory days, made again in America

U.S. needs to boost resource extraction as part of economic re-growth

India's gold imports to be throttled

"Some measures may cause immediate pain"

Japan's new government ponders revival of nuclear power

"We need to reconsider the previous administration's policy that aimed to make zero nuclear power operation possible during the 2030's"

Rosenberg’s reasons to go for gold

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.

Will Papua New Guinea's safest city survive the closure of Ok Tedi mine?

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.