Gold orientated discovery company, Westhaven Ventures, is currently drilling a potentially high grade epithermal gold target in an underexplored gold belt.
Asia Mining News
Political uncertainty, including Brexit negotiations, along with ongoing tensions in the Middle East will remain gold’s key drivers.
The country's biggest tin miner PT Timah Tbk received a permit to ship 32,305 tonnes.
Imports in the first four months totaled 211.7 tons, a drop of 43 percent from a year ago, data collated by Bloomberg show.
BHP forecasts reforms in China’s steel sector will continue to hand an advantage to suppliers of higher-quality iron ore and coking coal as consumption of the alloy keeps growing well into the next decade.
Amid concerns Indonesia could exhaust existing minable coal reserves of 13 billion tonnes 25 years, the government is considering measures to push miners to carry out exploration work before they can obtain permits to increase output.
Utilisation rate at mills climb back to November level.
Qatar Investment Authority stepped in after the sellers -- a consortium of QIA itself and mining giant Glencore Plc -- told CEFC it wouldn’t proceed with the original deal announced in October.
At least 16 miners died on Saturday and more than a dozen were trapped after an explosion in a mine in the Marwar coalfields.
Global demand dropped so much between January and March that the period became the weakest first quarter since the 2008 financial crisis.
China to allow foreign investors in iron ore futures from Friday.
State seeks enforced acquisition of MCC's Erdenet stake.
Company is accelerating expansion of its African zinc operations to take advantage of a surge in zinc prices.
The proposed acquisition means Chaarat would own Kumtor and will have control over management and operations of the mine.
Lack of new projects, investment deficit and increasing political risk will hit supply of cobalt, lithium, copper and nickel, key metals for making the batteries that power electric cars.
Meanwhile, silver coin purchases for the month rose 10 per cent higher than last year.
Refined tin output fell to 5,361 tonnes in the quarter from 6,963 tonnes in the same period last year, the company said in a statement.
China's trade in industrial metals looks set for significant upheaval this year as the country adapts to fast-evolving supply chains.
What the bears seem to have in common is the belief that a rush of new lithium supply will soon hit the market.
Physical gold demand lacked vigour in most Asian hubs this week amid a slight dip in prices.
But the Canadian company said the uranium market remained “quiet.”
The most drawn-out deal in the global mining industry looks set for another round.
Kyrgyzaltyn has yet to see an offer by Chaarat Gold Holdings to acquire Kumtor mine, which is the Central Asian nation’s largest gold operation.
The Philippines' top nickel ore producer, Nickel Asia Corp, said its export plans in 2018 remain unchanged despite government plans to limit mining areas.
The machinery manufacturer logged earnings of $2.82 per share on revenue of $12.9 billion, surpassing expectations.