InformedTrades looks at the economic hole Japan has dug itself, especially since it gave up nuclear energy and started importing energy.
Asia Mining News
Australia's resources minister, Martin Ferguson, has caused a stir with his assertion that the country's mining boom, one of the biggest drivers of its economic growth, is "over". As he acknowledged, the state of the global economy has depr...
Earlier this week, the Supreme Court allowed 18 mines to resume operations in Karnataka, partially easing a 16-month ban on iron ore mining because of environmental concerns. The decision should help increase ore supplies to the domestic iron and steel...
The governments high-level panel looking into the controversial coal block allocations for captive mining has decided against cancelling three...
JAKARTA: Newmont Nusa Tenggara (NNT), the country's second-biggest gold producer, plans to sell a 10 per cent stake in itself for more than US$500 million (RM1.5 billion) in an initial public offering, once a contentious divestment issue is resolved, i...
The 93 mines in India's richest state of Goa, 90 of which are iron ore producers, have been force to halt operations after a government-backed inquiry said they were illegal and didn’t have the basic environmental permits to operate.
Sri Lanka's diamond-swallowing story took an surprising turn Tuesday as police revealed the 1.5 carat stone gulped by Chou Wan, 32, at a gem show was fake.
Shares of nuclear medicine company Nordion dove close to 40%, down $3.93 at $6.53 in Toronto on Monday.
Mining companies would give their eye teeth to exploit Afghanistan’s recently discovered $1 trillion of untapped mineral wealth, but analysts warn that corruption, war and lack of infrastructure are likely to keep delaying a mining boom in the country.
Malaysia's Atomic Energy Licensing Board granted a temporary licence for an initial two-year period under strict safety requirements.
Over 10,000 of environmentalists took the streets of Raub, in the Malaysian state of Pahang on Sunday, to oppose the use of cyanide at the nearby Bukit Koman gold mine, which they claim has been using the chemical compound to the detriment of their health.
The death toll from a gas explosion at a Chinese coal mine has risen to 43, with three miners still remaining underground.
Athabasca Oil Corp. (TSX:ATH) confirmed Friday that it is in the preliminary stages of establishing a joint venture for two of its Alberta oil sands assets, but it declined to identify its partner.
India is already building a rare-earth mineral processing plant in the east coast state of Orissa and will invest $135 million in a new exploration ship and the refurbishing of another vessel to mine minerals under its oceans.
Iron ore prices hit the lowest level since November 2009 on Tuesday as the commodity crashed 4.6% closing at $94.80. The dive proved a drag for producers of the commodity, particularly companies investing heavily to expand their production capacity.
Inter-Citic Minerals Inc. (TSX:ICI) stocks soared over a third Monday after the company revealed it was being acquired by a subsidiary of China-based Western Mining Group, in a deal that values the Canadian gold miner at $252 (Cd$250) million.
A government board is suggesting to split India’s state-owned Coal India Ltd (NSE:COALINDIA), the world’s largest coal producer, or at least allow joint venture partners to foster competition in the sector.
India’s Prime Minister Manmohan Singh said Monday the government has already initiated the process of cancelling mines to companies that failed to develop them.
Shanghai steel futures stretched their losing streak to a 10th day on Friday, hitting a record low and giving steel producers more reason to shun iron ore cargoes as prices of the raw material dropped […]
“Shocked” over the magnitude of alleged illegal iron ore exports by private companies in southern India, the country’s Supreme Court said it wants to explore the possibility of punishing the guilty parties within six months.
Another sign of a slowing China was released today HSBC Flash China Manufacturing Purchasing Managers’ Index fell to 47.8, a nine-month low. The PMI attempts to gauge the direction of the economy by surveying purchasing […]
Even Chinese oil giants have to pinch pennies when making a $15 billion bid
Some central bankers may be listening to Ron Paul after all.
Philippine gold production dropped by over half, but the reduction may have more to do with tax policy than actual output.
Already running at a loss or struggling to stay in the black, most thermal coal mines in Australia's Queensland are now facing additional challenges as exports drop and major projects wind back.