Markets where technology hasn’t substantially shortened the supply cycle and where cost are rising (ie copper) have the greatest long-term upside in prices
Asia Mining News
Bullion for immediate delivery advanced 0.9 percent to $1,315.08 an ounce at 2:15 p.m. in New York, according to Bloomberg generic pricing.
The rebound in purchases by India could support global prices, which are already near their highest levels in three months.
Protesters met with authorities but no agreements were reached, so rallies are set to continue.
The state-owned company plans to open up 12 new mines.
Japanese scientists want to determine the needed components to design batteries with less volatility and flammability.
The operator of Japan’s stricken Fukushima Daiichi nuclear power plant has been given initial approval to restart reactors at another atomic facility, marking the first step towards the firm’s return to nuclear power generation more than six years after the March 2011 triple meltdown.
Ninth gain puts red metal on longest winning streak since 2004.
Production should be halted for at least a week.
In about four years, Tata may need 13.6 million tonnes of iron ore annually.
Officials say the mine was dug with little regard for safety.
Beijing also imported no iron ore, coal or lead from North Korea in November.
Gold prices edged up on Tuesday to a more than three-week high in post-holiday trade on geopolitical concerns.
Gold demand across major centres in Asia were subdued ahead of the holiday weekend as a modest rebound in prices weighed on investor appetite.
The deals, an 8 percent to 10 percent rise from the $94-$95 per tonne premium in the previous quarter, mark the first increase in three quarters.
More than half the 2017 combined market cap gains for the world's largest listed miners accrued to just five firms as gold producers drop out of top 10.
Two exploration companies with assets spanning gold in India to zinc in Ireland to list their shares on London's Alternative Investment Market on Thursday.
The company's Kalinganagar plant will be expanded by 5 million tonnes per annum (tpa) to 8 million tpa, entailing a total investment of 235 billion rupees.
President of Kazakhstan, Nursultan Nazarbayev, spoke about the recent implementation of Pitram fleet management and mine control solution at the Maleevsky mine. Nazarbayev was speaking on the recently finalised concept of the Digital Kazakhstan Program.
If the world’s migrant population formed a new nation, it would be fifth largest. What are the top immigration populations, how does this look mapped out?
New report upgrades outlook for uranium sector after two top producers remove a combined 15% of U3O8 from the global market in 2018.
Not the place you would think.
Coal may have fallen out of favor in North America and Europe, but India and other Asian nations ensure the dirtiest fossil fuel continues as energy supply.
Gold demand in most Asian centres firmed this week, spurred on by a dip in prices although buyers in the world's second-biggest consumer India held off buying in the hope of further falls.
Under the new deal, Inalum will seek to acquire London-based Rio Tinto Group’s joint venture interest in Grasberg by March.