Asia Mining News

Nickel production to grow for first time since 2013 — report

More supply will likely drag prices lower, as the metal already touched a one-year low of $8,680 per tonne on the London Metal Exchange last week and is down more than 10% this year.

Korean consortium bids for Australian iron-ore giant Arrium

A consortium of companies including Korean steel juggernaut POSCO has made a bid for Arrium, a major Australian iron ore miner and steelmaker.

Gemfields beats own ruby sales record at Singapore auction

It sold $54.8 million worth of rubies, a record high for any Gemfields auction and a 24% increase in revenue from the previous record.

World coal production falls off a cliff

China, the world's largest energy consumer, burned the least coal in six years.

Yancoal grabs Mitsubishi stakes in Rio Tinto's coal mines in $940m deal

Chinese-owned Yancoal has signalled it may raise its bid for Rio Tinto's Hunter Valley coal assets, after striking the agreement with Mitsubishi to buy its stakes in the same mines.

Top 40 miners returned to profit in 2016: PwC

Is the bad and the ugly over and the good returning to the mining industry? PwC seems to think so.

India hails Kazakhstan's role as 'number one' supplier of uranium

India and Kazakhstan have discussed ways to expand their ties as Prime Minister Narendra Modi held a bilateral meeting with Kazakh president Nursultan Nazarbayev in Astana.

North Korea coal exports down to zero on China ban, UN cap

Coal shipments from North Korea to China fell from 1.4 million tonnes, worth $126 million, in January to zero in April.

The problem with our maps

Maps shape our understanding of the world – and in an increasingly interconnected and global economy, this geographic knowledge is more important than ever.

Adani to go ahead with polemic Carmichael coal mine after all

Despite opposition from organizations ranging from the United Nations to green groups and locals, work on the multibillion-dollar mine is expected to begin by September.

IAMGOLD sells stake in Ontario gold project to Sumitomo for $195 million

The deal comes as Sumitomo, Japan’s top gold miner, looks to boost its output through acquisitions and exploration.

Shandong to borrow $1.26B to buy half of Argentinian gold mine

Top Chinese gold producer Shandong Mining will have to arrange financing before unlocking its half of the Veladero mine in Argentina.

Cheaper solar in India prompts rethink for coal projects

Power from solar panels now half the cost of a new coal plant

Is coking coal pricing moving away from quarterly benchmarks?

Metallurgical coal miners could be exposed to more pricing volatility if a move afoot to do away with quarterly pricing comes to anything.

Gemfields steps up fight against takeover by largest investor

Company called Pallinghurst Resources' bid “derisory”, adding it "clearly undervalues" the firm.

SLIDESHOW: The iron ore price wars 2002–2017

Iron ore's transformation from a relic of the industrial age to the driving force behind a commodity supercycle that reshaped the global economy.

Magna Tyres Group opens new Singapore regional office

Magna Tyres Group is delighted to announce the opening of a new regional office in Singapore to better serve the local customers. Following the recent appointment of Miss Nora Zhou, it is the next step in the worldwide expansion of the company.

Even with iron ore prices diving, NASA fast tracks mission to $10,000 quadrillion asteroid

If NASA is successful in its mission to 16 Psyche, one of the most massive asteroids found between the orbits of Mars and Jupiter, humans will have a first ever chance of exploring a world made of iron, not rock or ice.

China's coal-rich Shanxi province to halt or slow mines construction until 2020

Shanxi province accounts for about 25% of China's coal output and has vowed to cut 20 million tonnes of overcapacity this year.

From Yukon to Patagonia, gold explorers stir after sleep

Outbreaks of gold-rush fever are popping up as bullion markets stage a tentative recovery.

BELAZ hoping to make inroads into North American mining truck market

Breaking into the North American heavy equipment market isn't easy, especially for offshore companies.

Anglo Asian Mining back in the black as copper output doubles

Better gold prices also helped the Azerbaijan-focused miner reduced its outstanding debts and boost profit.

Yancoal seeks expansion in Hunter Valley with $710m bid for Mitsubishi’s mines

Company wants to become Australia’s largest independent coal producer.

For these women, working underground is a bright opportunity

Mothers will do everything to ensure a bright future for their children.

Drilling begins on property adjacent to 125,000-oz Kyrgyzstan gold mine

Initial drilling is designed to intersect an area which was previously drilled in the former Soviet republic between 1970 and 1990.