In a move to curb the rampant domestic illegal mining of rare earth, as well as regulate its rare earths players, China is launching an industry association for the precious metal commodity on April 8.
Asia Mining News
The Yunong Qian project, located in the highlands of Nepal, might become world’s first carbon neutral mine, as Gekko Systems Pty Ltd announced today the final funding approval of the project, which will apply Gekko’s technology to achieve net zero carbon emissions.
Following the exposure of 25 miners to hazardous gases, Thiess has shut down dangerous sections of the Collinsville coal mine.
Uranium company Paladin Energy Ltd (TSX:PDN)(ASX:PDN) announced it named Alan Rule as its new Chief Financial Officer effective July 23, 2012. He would be replacing the current CFO, Garry Korte, who is joining Roy Hill Holdings, owned by billionaire mining magnate Gina Rinehart.
Japan has found a silver lining in the cloud of nuclear plant shutdowns following last year's Fukushima disaster.
Three men, all Chinese nationals, died of suspected smoke inhalation after a fire broke out inside the Lucky Hill coal mine in Abok, near Pantu, about 80 km from Sri Aman.
Reuters reported that Indonesia, a major global producer of raw materials, has put on hold talks to impose an export tax for coal and base metals, but still expects to introduce the charge later in 2012.
About 100 members of Jaringan Aktivis Alam Sekitar Perak JAASP, an environmental non governmental organization, staged a demonstration against the operation of an iron ore processing company, Vale SA, in Teluk Rubiah, Seri Manjung near here.
The United States should take a cue from Canada when it comes to speeding up the environmental approval of mining and energy projects.
David Murray, the man charged with running the Future Fund for the past six years has used his last day in the job to lambast the carbon tax, labelling it the "worst" economic initiative he has seen.
Long term uranium market fundamentals remain strong, despite worries over what Japan will do with 53 of its 54 nuclear reactors, which are currently rest shut down for maintenance or safety reviews, says Australian research group, Resource Capital Research (RCR).
The move will allow the London-listed miner to sell non-contracted iron ore directly into China through the electronic trading platform.
Chinese copper-gold giant Zijin Mining Group is on the move again with plans for more acquisitions.
Australia's mining boom is just the "first taste" of Asia's ascendancy, Treasurer Wayne Swan said yesterday, with the region's new prosperity expected to transform the global economy.
The Indian government has said it will review the tax on unbranded gold proposed in the latest union budget bust said there would be no backing down from the increase in import duties
Japan, the world’s main importer of rare earths, has requested international assistance for alternatives, conservation, diversification and recycling and to continue dialogue with China to secure stable global supply
Canadian-based Angkor Gold Corp. (TSXV: ANK) announced today it has deployed a three diamond drill at its Katieng prospect. Drilling is set to commence on geochemical targets at the property. After Angkor completes the Katieng program, the rig will be moved to either its Kunmum prospect or Oyadao tenement.
India's polished diamond trade saw a sharp decline in February following the imposition of a2% import duty by the Indian government on polished diamond imports on January 17, 2012.
Canada-based gold producer Centerra Gold Inc. (TSX:CG) announced today that increased ice movement in the southeast section of the pit will delay scheduled access to the high grade SB zone. Preliminary engineering analysis now indicates production of 390,000 to 410,000 ounces of gold in 2012 at its Kumtor mine, rather than between 575,000 and 625,000 ounces as previously forecast. The revised production profile will continue to be weighted to the fourth quarter.
Canadian health products provider Nordion was the target of criticism at a major nuclear security summit in South Korea due to the company’s deal with Russia that entitles it to sell medical isotopes made with weapons-grade uranium for the next eight years.
Most Chinese takeovers in the resource sector do not pose a threat to national security, says the author of a new report on Chinese investment in Canada.
In January last year local radio broadcaster Gerry Ortega, who fought hard for a ban on mining on Palawan was slain and now the Philippines' Department of Justice asked for murder charges to be filed against former Palawan Governor Joel Reyes and four others in connection with his death.
Japan and Canada have formally agreed to launch negotiations on a bilateral free trade agreement (FTA) to eliminate import tariffs on most products and cooperate on developing energy resources, including natural gas and minerals, reports Platts.
Nautilus Minerals Inc. shares were up almost 24% this morning (TSX:NUS), after the company released solid year end results with, narrowing its full-year loss in 2011 to US$34 million.
Nick Holland of CEO Gold Fields said on Monday the company has plonked $63 million on a second gold-copper project in the Philippines. The globe's fourth-largest gold miner also announced it is suspending drilling in Mali, Africa's third largest gold producer following a military coup.