Asia Mining News

Indonesia issues new rules for commodity exporters as rupiah slides

Indonesia has laid out new rules for commodities exporters to guarantee funding for shipments through Indonesian banks or branches of foreign banks in the country.

Philippines president repeats desire to "close all mining" after landslides

Environment and Natural Resources Secretary ordered all small-scale mining stopped in the Cordillera region, where landslides killed 24 people.

Small-scale miners trapped by landslide in the Philippines

Typhoon Mangkhut lashed the northern Philippines with winds of 205 kilometres per hour, gusts of 255 kilometers per hour and heavy rain that left at least 64 people dead.

How Anglo quietly built a commodity trader in Glencore's shadow

In just five years, Anglo assembled marketing operations that now sell more metals than the company produces.

Nickel producers eye Indonesia to plug into EV battery market

SMM said that it and nickel miner PT Vale Indonesia are conducting a feasibility study to build a nickel processing project in Pomalaa, Southeast Sulawesi.

Asia Gold-India shifts to discount; buying tapers off elsewhere as prices gain

In India gold was being sold at a discount of up to $2 an ounce over official domestic prices this week, compared with a premium of $1 last week.

Mitsubishi, Sumitomo said to be after Teck’s Quebrada Blanca mine

Other companies interested in partnering with Teck include Freeport-McMoRan, China’s Aluminum Corp of China (Chinalco) and Canada’s base metals miner Lundin Mining.

India's steel minister wants import duty on coking coal scrapped

India's steel minister wanted the finance ministry to scrap the 2.5 percent duty on imports of coking coal to limit input costs.

Nickel price to benefit from short supply, strong steel demand through 2019

Nickel, which recently hit its lowest since December, could climb as high as $16,000 a tonne by the end of 2018 and $18,000 a year later.

Japan's Kubota says falsified data for metal components

Tractor maker joins other Japanese manufacturers which have admitted in the past year to faulty inspections or data manipulation.

Aluminium pricing tensions mount as alumina surges again

What has historically been a highly efficient part of the aluminium production chain is experiencing an unprecedented degree of turmoil this year.

Rio Tinto scours for electricity to run giant Mongolia copper mine

Mining giant running out of time to secure power supplies

Highest-grade gold mines in 2017

Number one is located Downunder.

Australia’s mining sector pushing for revamped Trans-Pacific Partnership: Interview

MINING.com interviewed the Minerals Council of Australia CEO.

Chinese aluminum gushes onto world markets on Rusal supply fears

Aluminum prices jumped in April after the U.S. announced sanctions on Rusal, the top supplier outside of China.

China coal imports hold near 4-year high as demand resilient

Foreign purchases fell just 1.1 percent in August to the equivalent of 925,161 metric tons a day, compared with 935,806 the previous month.

Asia Gold-Price dip lends lustre, India buying robust ahead of festivals

In India, the world's second-biggest consumer of the metal after China, gold futures rose to 30,700 rupees per 10 grams on Thursday, a peak since July 9.

Pollution regulator issues environmental notices to Coal India

The notices, issued in July and August, said that inspections found that the sludge treatment plant in one of the mines was defunct, among other things.

Metso to increase its foundry capacity in India to meet the growing global demand for cast wears for mining and aggregate industries

The foundry development will begin as soon as the acquisition of the foundry assets has been completed. The first product deliveries from the Vadodara foundry are expected by the end of 2019 and the production will ramp up quickly in 2020. The new foundry will be built to follow Metso's sustainability and quality principles.

India boosts purchases of Indonesian coal as prices drop

India, the world's second-largest coal importer, has defied its prior history of being a price-sensitive buyer and boosted its imports this year.

Dalian coking coal extends gains as smog crackdown tightens supplies

Chinese coking coal futures rose their most in a month on Thursday, buoyed by firm physical prices.

India's Aug gold imports double, hit 15-month high as prices drop -GFMS

But rising gold imports could widen India's trade deficit and further pressure its currency, the rupee, which hit a record low of 71.95 against the dollar on Wednesday.

China's aluminium capital Binzhou plans new 'high-end' projects

The city of Binzhou is planning five new projects to support development of a high-end aluminium industry, according to a local government document.

Chaarat Gold ups Kyrgyz Republic project resource by 46 pct

The Central Asia-focused explorer and developer said Tulkubash’s measured and indicated resource is now over 1.4 million ounces of gold, while the grade also rose 57% to 1.35g/t gold.

China's iron ore futures push hits speed bump as prices stagnate

Contracts held by investors in China's iron ore futures have fallen to the lowest in more than three years.