Asia Mining News

Hybrid Enterprises and Helium One announce strategic partnership at Mines and Money Asia

Hybrid Enterprises, the exclusive worldwide reseller of Lockheed Martin’s Hybrid Airship, is excited to announce a strategic partnership with Helium One, an explorer, developer and producer of high value bulk liquid helium for the international market.

Joy Global becomes Komatsu Mining

The Japanese firm has completed its $3.7bn takeover of the Milwaukee-based equipment maker.

Cyclone damage causes BHP to declare force majeure in Australia

The miner said it won't meet its coal export commitments due to the damage caused by cyclone Debbie, which struck Australia’s north-east coast last week.

Search for ship containing 260,000 tonnes of iron ore continues

The Stellar Daisy, which set out from the a port in Brazil to China, last made contact on Friday. 22 out of the 24 crew members are still unaccounted for.

Cyclone Debbie disrupts $3.2bn of Australian coal exports

Damage to rail lines in cyclone-hit Queensland have disrupted the shipment of between 15 million and 20 million tonnes of coking coal destined to Asia.

Ports in China have enough iron ore to build 13,000 Eiffel Towers

With enough iron ore to construct Paris's Eiffel Tower nearly 13,000 times over, China's ports are bursting with stockpiles of the raw material and some of them are demolishing old buildings to create more storage space, trading sources said.

Vedanta CEO Tom Albanese to leave company in August

The news follows the exit of former Anglo American CEO Cynthia Carroll, who stepped down last month.

Miners to spend $21 billion on exploration by 2025

Equipment and services suppliers will have to wait at least another year until they can fully feel the impact of this trend, says CSA Global — the world's second-largest mining sector consultancy.

This potash producer will help marijuana growers get a better product

IC Potash Corp. is creating a subsidiary that will focus on enhancing yields for cannabis growers and increasing the health impact and effects for consumers.

11 Chinese miners die in neighbouring gold mine accidents

Accidents at two neighbouring gold mines claimed the lives of 11 miners working the pits in Henan province on Friday.

How to build a mine

There are three key components to building a mine, starting with a competent, experienced management team.

Making the grade: understanding exploration results

The most exciting news from a mining exploration stock is a high-grade drilling result.

World’s first seabed gold, copper, silver mine to begin production in 2019

Canada’s Nautilus Minerals is getting closer to kicking off operations at its Solwara 1 gold, copper and silver project off the coast of Papua Guinea.

Jakarta: Freeport could lose Grasberg control within 2 years

State holding company ready to take 51% stake says Indonesian deputy mines minister as dispute over ownership of iconic copper-gold mine intensifies.

Metso honored with Best Foreign Entrepreneur 2016 award in South Korea

The South Korea Chamber of Commerce and Industry has awarded Metso in South Korea with the prize of Best Foreign Entrepreneur in 2016, commended by the Prime Minister of the Republic of Korea Hwang Kyo-ahn.

Copper price falls on Grasberg production resumption

Freeport restarts supply to domestic smelter in Indonesia, but the copper concentrate export ban at iconic mine remains in place.

A viable, low-carbon path toward energy security for Japan's post-Fukushima economy

Eliminating high-risk dependence on imported fuels; vast potential in renewables and buildout around domestic technology advantages; stranded assets in coal projects; little chance of nuclear industry recovery.

Tribunal favours Barrick, Antofagasta in Pakistan lease denial case

The International Center for Settlement of Investment Disputes (ICSID) said Pakistan violated several provisions of its bilateral investment treaty with Australia, where the joint venture between Barrick and Antofagasta is incorporated.

North Korea admits six died in iron ore mine accident

Seven miners were initially trapped after the Jan. 9 incident at the Unryul iron ore mine, but only one survived.

Polemic Carmichael coal project in Australia to get going as early as August

Work on the delayed mine to start shortly after the federal government grants it final approval, which is expected before the end of May.

Caterpillar hires former US Attorney General for help with probe

William P. Barr will help Caterpillar face a federal investigation related to profits earned by CSARL, its Swiss parts subsidiary.

Rick Rule on Uranium: Early means wrong, unless…

In an exclusive Q&A session for Sprott Private Wealth clients, Rick Rule shared his thoughts on the uranium market and explained why speculators shouldn't worry too much about being early.

World's top diamond miner Alrosa quadruples profit amid sector recovery

The Russian miner said profit attributable to shareholders totalled $2.25 billion (131.39bn roubles) last year, versus $530K (30.67bn) roubles in 2015.

Indian billionaire Agarwal goes after 12% of Anglo American

Deal would make of Volcan Investments Ltd., Agarwal's family trust, the second-largest investor in Anglo American.

INTERACTIVE: Top 10 gold mining companies

The 10 largest gold mining companies produce 30% of the world's gold and enjoy some of the sector's fattest margins.