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.
Asia Mining News
Environment and Natural Resources Secretary ordered all small-scale mining stopped in the Cordillera region, where landslides killed 24 people.
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.
In just five years, Anglo assembled marketing operations that now sell more metals than the company produces.
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.
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.
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 wanted the finance ministry to scrap the 2.5 percent duty on imports of coking coal to limit input costs.
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.
Tractor maker joins other Japanese manufacturers which have admitted in the past year to faulty inspections or data manipulation.
What has historically been a highly efficient part of the aluminium production chain is experiencing an unprecedented degree of turmoil this year.
Mining giant running out of time to secure power supplies
Number one is located Downunder.
MINING.com interviewed the Minerals Council of Australia CEO.
Aluminum prices jumped in April after the U.S. announced sanctions on Rusal, the top supplier outside of China.
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.
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.
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, the world's second-largest coal importer, has defied its prior history of being a price-sensitive buyer and boosted its imports this year.
Chinese coking coal futures rose their most in a month on Thursday, buoyed by firm physical prices.
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.
The city of Binzhou is planning five new projects to support development of a high-end aluminium industry, according to a local government document.
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.
Contracts held by investors in China's iron ore futures have fallen to the lowest in more than three years.