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.
Asia Mining News
A consortium of companies including Korean steel juggernaut POSCO has made a bid for Arrium, a major Australian iron ore miner and steelmaker.
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.
China, the world's largest energy consumer, burned the least coal in six years.
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.
Is the bad and the ugly over and the good returning to the mining industry? PwC seems to think so.
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.
Coal shipments from North Korea to China fell from 1.4 million tonnes, worth $126 million, in January to zero in April.
Maps shape our understanding of the world – and in an increasingly interconnected and global economy, this geographic knowledge is more important than ever.
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.
The deal comes as Sumitomo, Japan’s top gold miner, looks to boost its output through acquisitions and exploration.
Top Chinese gold producer Shandong Mining will have to arrange financing before unlocking its half of the Veladero mine in Argentina.
Power from solar panels now half the cost of a new coal plant
Metallurgical coal miners could be exposed to more pricing volatility if a move afoot to do away with quarterly pricing comes to anything.
Company called Pallinghurst Resources' bid “derisory”, adding it "clearly undervalues" the firm.
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 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.
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.
Shanxi province accounts for about 25% of China's coal output and has vowed to cut 20 million tonnes of overcapacity this year.
Outbreaks of gold-rush fever are popping up as bullion markets stage a tentative recovery.
Breaking into the North American heavy equipment market isn't easy, especially for offshore companies.
Better gold prices also helped the Azerbaijan-focused miner reduced its outstanding debts and boost profit.
Company wants to become Australia’s largest independent coal producer.
Mothers will do everything to ensure a bright future for their children.
Initial drilling is designed to intersect an area which was previously drilled in the former Soviet republic between 1970 and 1990.