There are some signs that the rapid decline in thermal coal prices in recent months has moved the market into oversold territory.
Asia Mining News
Indonesia's first plant to produce battery-grade nickel is on track to start operations by 2020, though the project still needs an environmental permit that could take up to eight months.
Lynas, one of the world’s main suppliers of rare earths outside China, said it was open to processing materials closer to its Australian mine if that meant it can renew its licence in the Southeast Asian country.
The move comes after completing an initial surface evaluation on its Eboshi, Kobui, Minamikayabe and Kamitsue lithocap projects in Japan.
In China, premiums of about $13-$15 were being charged over the benchmark, marginally higher than last week's $12-$14 range.
The Gobi desert copper deposit promises to become one of Rio Tinto’s most lucrative properties, but it has been subject to repeated challenges from politician.
Indonesia's first plant to produce battery-grade nickel chemicals is on track to start operations by 2020.
It’s high quality and the price is a bargain, but the risk may be too great for Chinese buyers looking for a quick profit.
Mining operation is running normally despite the incident, says the company.
A mix of political populism, higher commodity prices and the expectation electrification will spur demand for raw materials has led governments to change the rules for miners operating in their countries.
Saudi Arabian Mining Co. plans to boost gold output from about 415,000 ounces this year to one million by 2025.
Australia is joining the growing number of nations looking to compete in space. Its advantage? Half the country already looks like Mars.
The price, which serves as an industry benchmark for supplies of seaborne thermal coal in Asia, was 14% lower than a price agreed for the year through September this year.
Iron ore prices in China reached a record high on Tuesday as market participants wrestled two dilemmas, namely the weather-related disruptions from Australia and the safety outages in Brazil.
Lower production this year is due to a 10-week shutdown started in mid-February to the third week of April.
Comments foreshadow an intense takeover battle for the only proven producer of rare earth elements outside China.
The company has intersected 175 metres of 0.28 g/t gold at its Blue Lake porphyry prospect in Papua New Guinea.
Ferro-Alloy Resources Group, which is producing vanadium in Kazakhstan, has listed on the London stock market, marking the first junior flotation in the sector this year.
Wesfarmers made a buyout offer of A$2.25 per Lynas share.
The Diamond Natural Device is reportedly the first tech system capable of identifying the yellowish gems together with the colourless to near-colourless range of diamonds.
The offer represents a premium of nearly 45% on Lynas' closing price on Monday, but comes come with some significant conditions, including the rare dearth miner securing all necessary licences in Malaysia.
U.S. imports of steel wheels from China were valued at $388 million in 2017.
The Silangan copper and gold mine could be Philex's biggest source of revenue after its 61-year-old Padcal mine in the north is expected to close in 2022.
DMCI's mines were among those ordered shut in 2016 when the government launched an industry-wide crackdown on miners.
Silver prices in India have been relatively stable for the last two years, and are about half their 2011 peak.