Asia Mining News

Mining in 2018: Copper price to power on

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

Gold's best run since 2011 exposes `global complacency' on rates

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.

India gold imports surge 67 pct in 2017 on restocking, retail demand

The rebound in purchases by India could support global prices, which are already near their highest levels in three months.

Moroccans continue to protest against the “mines of death"

Protesters met with authorities but no agreements were reached, so rallies are set to continue.

India’s Singareni Collieries wants to produce 85 million tonnes of coal per year

The state-owned company plans to open up 12 new mines.

Gold ions open the way for energy efficient devices

Japanese scientists want to determine the needed components to design batteries with less volatility and flammability.

Fukushima operator can restart nuclear reactors at world's biggest plant

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.

Copper rallies to three-year high as China plant halts output

Ninth gain puts red metal on longest winning streak since 2004.

China top copper producer halts output after pollution order

Production should be halted for at least a week.

Why Tata Steel wants to expand capacity at its iron ore mines

In about four years, Tata may need 13.6 million tonnes of iron ore annually.

Coal mine collapses in Afghanistan killing five

Officials say the mine was dug with little regard for safety.

China halts oil product exports to North Korea in November as sanctions bite

Beijing also imported no iron ore, coal or lead from North Korea in November.

Gold touches over three-week high, palladium hits 17-year peak

Gold prices edged up on Tuesday to a more than three-week high in post-holiday trade on geopolitical concerns.

Asia Gold-Demand softens on higher prices, slow holiday trade

Gold demand across major centres in Asia were subdued ahead of the holiday weekend as a modest rebound in prices weighed on investor appetite.

Japan aluminium premium raised to $103/T in Q1

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.

Value of top 50 mining companies surge $140 billion in 2017

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.

Mining listings bring Indian gold and Irish zinc to London

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.

India's Tata Steel board approves up to $2 bln rights issue

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 Nursultan Nazarbayev Discusses Pitram Implementation at Maleevsky Mine site in Kazakhstan

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.

This map shows the top immigrant population in each country

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?

Supply cuts a 'step change' for uranium price

New report upgrades outlook for uranium sector after two top producers remove a combined 15% of U3O8 from the global market in 2018.

Gold mining: the world's cheapest jurisdictions

Not the place you would think.

Coal's fading crown to get Indian polish as demand stagnates

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.

Asia Gold-Price dip props up demand, India buyers await lower prices

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.

Indonesia, Freeport said to near new deal for Grasberg mine

Under the new deal, Inalum will seek to acquire London-based Rio Tinto Group’s joint venture interest in Grasberg by March.