The Indonesian unit is now in the process of obtaining a full export permit.
Asia Mining News
The new plant, to be based at the Karabil potash deposit, is estimated to be worth about $1.4 billion.
The yellow metal ended the U.S. day session modestly down at $1,286.20 an ounce
Dozens of people flock to the Bong Mieu mine every day to extract gold
They have found valuable minerals atop an underwater mountain, which is basically a huge flat-topped mound of some of the scarcest materials on Earth.
But market was in small deficit according to study.
The commodity is now trading below $70 a tonne and has just suffered its largest one-day percentage decline in over a year.
New report says despite a slowdown in China, falling mine production will push lead prices higher over the next five years.
With 2,400 listed companies and a market cap of $20 trillion, the NYSE is the biggest exchange in the world. But how do other exchanges compare?
Coking coal price has doubled in two weeks – storm damage to rail lines could affect Australian exports for another four weeks.
Shipments will start almost nearly three years after the two countries signed an export deal for peaceful power generation.
Iran’s nuclear chief says the country will produce about 40 tonnes of uranium this year, more than half the total amount yielded over the preceding years.
Coking coal prices gained 86% to $283.10 a tonne this week, the biggest gain in four years.
The following animated chart is based on data and projections from the U.N. Population Division, and it shows the evolving population share by region between 1950 and 2100.
The amount is linked to what is known as “transfer pricing” between Rio Tinto’s Australian operations and its Singapore office.
While the company had other projects in the country, the Bayan Khundii gold project went from greenfield prospect to being its main asset in roughly nine months.
Tungsten, tin, tantalum and gold are now also being illegally extracted and traded at sites under the control of armed groups in countries including Myanmar and Colombia.
In case you haven’t already noticed, inflation has been steadily creeping up since July. In February, the most recent month of available data, consumer prices advanced at their fastest pace in five years, hitting 2.7 percent year-over-year.
Hybrid Enterprises, the exclusive worldwide reseller of Lockheed Martin’s Hybrid Airship, is excited to announce a strategic partnership with Helium One, an explorer, developer and producer of high value bulk liquid helium for the international market.
The Japanese firm has completed its $3.7bn takeover of the Milwaukee-based equipment maker.
The miner said it won't meet its coal export commitments due to the damage caused by cyclone Debbie, which struck Australia’s north-east coast last week.
The Stellar Daisy, which set out from the a port in Brazil to China, last made contact on Friday. 22 out of the 24 crew members are still unaccounted for.
Damage to rail lines in cyclone-hit Queensland have disrupted the shipment of between 15 million and 20 million tonnes of coking coal destined to Asia.
With enough iron ore to construct Paris's Eiffel Tower nearly 13,000 times over, China's ports are bursting with stockpiles of the raw material and some of them are demolishing old buildings to create more storage space, trading sources said.
The news follows the exit of former Anglo American CEO Cynthia Carroll, who stepped down last month.