The current debate surrounding coal is generally one of how long it will continue to play a role in the world's energy mix before it is replaced by cleaner alternatives, but the coming years may see a deficit in seaborne markets for the polluting fuel.
Asia Mining News
The London-listed company sealed a 7-year commercial deal with Wilmar Group.
The miner wants to address the needs of European automakers.
Australian politicians told China of government approvals for controversial A$16.5-billion ($13-billion) coal mine project being built by Adani Enterprises.
Gold producer says its total gold output from mines fell to 522,917 oz in the quarter ended Sept. 30 from 615,498 oz in the same period a year earlier.
Investors ignore positive third quarter results to focus on lack of meaningful progress in talks with Indonesia over future of giant Grasberg mine.
Mines minister says will follow new recommendations of environment regulator reviving projects like giant Tampakan, Silangan copper-gold mines.
India's top court on Tuesday banned the use of petroleum coke, a dirtier alternative to coal, in and around New Delhi in a bid to clean the air in one of the world's most polluted cities.
Dictatorship was number two supplier of metallurgical coal to China after Australia before latest UN sanctions.
China’s top nickel producer, will next year start building a new project in Guangxi that will produce raw materials for electric vehicle (EV) batteries, its chairman said, looking to tap the sector’s “explosive” demand.
New report says Rio talking to Indonesian groups to sell interest in giant copper, gold mine – Freeport still at loggerheads with Jakarta about stake sale.
"[W]e expect growth in China to ease modestly over the short-term, as monetary policy tightens and housing and automotive markets soften," Mackenzie said.
Iron ore production rose 3.3% compared with the same period last year to hit a fresh quarterly record of 95.1 million tonnes.
New Delhi is restricting them from importing the yellow metal only for export purposes and not for selling in the domestic market.
After sending court bailiffs to seize property from Stand.earth, Enbridge backed off, saying it will not seize property after all.
The world’s largest diamond producer by value offered less precious stones, in line with its policy of trying to match sales to demand.
India's Multi Commodity Exchange (MCX) has launched the country's first gold options contract in New Delhi to coincide with the gold-buying festival of Dhanteras.
Lepanto was among more than two dozen companies ordered halted by a sacked minister who led an environmental crackdown.
Local gold prices were trading around 29,760 rupees per 10 grams on Friday, up nearly a percent from last week.
"The Kobe Steel crisis is definitely helping other steel producers," Wunderlich Securities chief market strategist Art Hogan said.
Company said it expects production of between 50,000 and 55,000 ounces of gold from its new mine in south-western Mali to bring total metal production for 2017 to between 530,000 and 570,000 ounces of gold.
Sale is part of Rio’s planned exit from Australian coal to focus on iron ore, copper and aluminum.
The Singapore Diamond Investment Exchange (SDIX) has launched a new investment-grade, standardized diamond product to rival gold as a safe-haven asset.
Higher purchases by India, the world's second-biggest consumer, could lend support to global prices that are trading near their highest level in a week.
Of all the new coal generation expected to go online over the next decade, Chinese companies will build nearly half of it.