Shares in the company lost a fifth of their value on Friday as investors were sceptical of its foreign subsidiary Cairn India Holdings’ $200 million investment in the diversified miner.
Asia Mining News
Wood Mackenzie forecasts that global lead production will increase in 2019 by about 250 kt.
Chile's development agency Corfo doesn't know whether the county we’ll ever make vehicles, but it would like to at least see battery parts produced locally.
The commission has set an April 29 deadline to rule on the transaction, which would create Europe’s second-largest steelmaker after ArcelorMittal.
We need to closely watch Vale's overall output and how it will impact on iron ore markets going forward.
Global benchmark gold prices registered a fourth straight monthly gain in January.
The nation's crude steel output slipped 0.3 percent to a nine-year low in 2018, as a string of natural disasters and glitches at steel plants led to slower production.
Kyushu Electric and Tokyo Gas said instead they will consider building a gas-fired power plant, using liquefied natural gas (LNG), at the same site owned by Idemitsu.
Indonesian officials targeting 20% EV production by 2025.
An investigation is ongoing into suspected abuse of power - that former finance minister Bayartsogt held shares in a foreign company before the Oyu Tolgoi investment agreement.
Federal Court said BHP must pay tax in Australia on profits made by its Singapore-based marketing arm on the sale of commodities owned by the UK arm.
“It’s a shame if we say that we are importing iron ore. It’s like selling ice to the eskimos”
Building activities at Côté Gold, located in the Abitibi gold belt in Ontario, were slated to start in the first months of 2019, with pre-production beginning in late 2020.
January is a typically strong month as demand tends to gather pace going into the Lunar New Year.
Analysts say they expect India to be a key market for global miners in 2019 as China's "war on pollution" will lead to lower demand from that country.
German carmaker will invest 870 million euros ($985 million) by 2020 to develop e-vehicle components, including batteries and charging stations.
The contract was finalised at a recent meeting of Hindalco’s and FLSmidth’s top managements.
"It feels like the penalties are not balanced" - Hendra Sinadia, Indonesian Coal Mining Association.
"ANZ has suspended its physical precious metals custody service as it does not align to our business strategy at this time"
The data comes from a recent report by the United Nations Conference on Trade and Development.
Teck’s Zinc and Health program has reached 100 million people worldwide since 2011.
The joint venture, to be owned 51 percent by Toyota and the rest by Panasonic, could also provide batteries to Toyota’s EV technology partners Mazda Corp (7261.T) and Subaru Corp (7270.T).
"It is like when you look in your closet on a morning and you only look for pants"
State claims BHP used its wholly-owned Singapore marketing hub subsidiary to understate the price of iron ore sold Japan and China buyers.
But only sliver of funds raised destined for mining and metals