Asia Mining News

Burning more coal to cut pollution – India's distressing dilemma: Russell

India’s New Delhi banned the burning of petroleum coke on Nov. 1, part of measures aimed at curbing air pollution, which last week reached 10 times the recommended limits.

BHP to exit shale within two years, sell nickel assets

“We have a strong sense of urgency,” chief executive Andrew Mackenzie told reporters following the company’s annual general meeting in Melbourne.

What people think of globalization, by country

More than in the past, the population is divided on whether globalization is a force for good or not.

Iron miners: capex will not see strong comeback, says new research

BMI predicts that iron ore prices will remain on a long-term gradual downtrend until at least 2021.

Texas uranium deposits could meet US nuclear energy demand for almost a year

But low prices for the radioactive commodity remain a challenge, the latest report by the US Geological Survey (USGS) shows.

Freeport Indonesia reopens main supply route to mine after shooting

The latest violent episode and temporary closure had no impact on production at the world’s second-biggest copper mine.

Freeport Indonesia shuts main supply route to mine after shooting

The Indonesian unit of Freeport-McMoRan Inc has temporarily shut the main supply route to its Papua mine after a shooting incident.

India's only copper miner plans to nearly triple production at largest mine

Hindustan Copper is making moves to expand its production and operations in India where the company has a monopoly on copper mining.

Asia Gold-India wedding demand lacklustre as buyers await price dip

"Wedding season has started, but demand is poor compared to last year," said Ketan Shroff, managing director of Mumbai-based bullion dealer Penta Gold.

The real value of statues around the world

Millions of people visit them every day. Just a quick scroll through your Instagram feed will reveal at least a couple photographs of your friends standing next to or on top of them.

This Aussie miner is about to break into South Korea lithium sector

Pilbara Minerals has announced a potential joint venture with two South Korean companies to develop a lithium processing facility in the Asian country.

Indonesia warns of tough response after Papuan rebels threaten Freeport

Indonesia's military said on Friday it was prepared to take tough measures against rebels who have threatened to "destroy" mining operations of Freeport-McMoRan Inc in the eastern province of Papua in their struggle for independence.

Weak uranium prices force Cameco to halt two operations in Canada

Company will suspend operations at the McArthur River and Key Lake at the end of January for at least 10 months.

Armed separatists occupy villages near Freeport's Indonesia mine

Armed separatists have occupied five villages in Indonesia’s Papua province, threatening to disrupt Freeport-McMoRan Inc’s giant Grasberg copper mine, which has already been hit this year by labor unrest and a dispute over operating rights.

Russia bets on hungry China with $6bn fertilizer mines

EuroChem Group AG spending over $6bn on two mines to produce potash, a mineral found deep in the Earth that’s prized for its ability as soil fertilizer.

China's Antaike says global nickel deficit to shrink in 2018

Global deficit in nickel supply to drop 53,000 tonnes in 2018 from 98,000 tonnes this year, partly due to recovery in Chinese production growth.

B2Gold to kick commercial production at Mali mine earlier than planned

The Fekola mine will add up to 410,000 ounces of gold to the company's annual output.

India’s NMDC joins the race for $9bn diamond project

Indian diamonds are known for their quality, particularly those from the ancient Golconda mines, famous for producing a rare kind of extremely clear gem.

Centerra Gold to buy AuRico Metals in $243m friendly deal

Producer offers 38.5% cash premium for AuRico Metals developing the Kemess gold and copper project in British Columbia, Canada.

Asia gold-wedding bells set to ring in fresh demand in India

Gold is considered an essential part of weddings in India, second-biggest consumer of the metal in the world after China.

Thailand faces arbitration over decision to shut only active gold mine

Owner, Australian Kingsgate Consolidated, will begin arbitration under the Thailand-Australia Free Trade Agreement (TAFTA) to try to recover “the substantial losses” it has incurred.

Kyrgyzstan government shuts Kaz Minerals mine for 3 months

Company said it did not know why the operations had been suspended, but a source familiar with the situation pointed to political disputes between Kazakhstan and Kyrgyzstan.

Rio Tinto throws its weight behind Africa as mining central

Africa largest untapped source of growth for industry and would provide huge opportunity, says Rio Tinto's chief executive of energy and minerals.

China imported record iron ore in September as steel output curbs start to bite

The amount of iron ore shipped to China surpassed 100 million tonnes for the first time in September.

Cameco posts unexpected third-quarter loss, trims production outlook

Cameco said its most immediate goal was to remain competitive and in a position to be among the first to respond when the market calls for more uranium.