Japan Mining News

Lumina Copper faces charges, up to $55m fine for environmental breaches in Chile

This is not the first time the Chilean watchdog has fined Lumina.

India, Japan demand falls; holiday hangover dulls trade elsewhere

Until there is a solution to what is happening globally with Brexit and trade talks, we might see no clear direction.

World’s top uranium miner Cameco in no hurry to resume production

The company says it has seen a significant improvement over the past year, with prices up about 20%, but believes conditions are not where they need to be to restart idled capacity.

Indian jewellers stock up; holiday dims activity elsewhere

International benchmark spot gold prices were on track for their first weekly decline in three, but were still supported above the $1,300 an ounce level.

Japan's JFE says no impact on iron ore buying after Vale dam disaster

We need to closely watch Vale's overall output and how it will impact on iron ore markets going forward.

Japan steel federation chief sees higher domestic output in 2019

The nation's crude steel output slipped 0.3 percent to a nine-year low in 2018, as a string of natural disasters and glitches at steel plants led to slower production.

Japan's Idemitsu, Kyushu Elec, Tokyo Gas scrap coal-fired power plant plan

Kyushu Electric and Tokyo Gas said instead they will consider building a gas-fired power plant, using liquefied natural gas (LNG), at the same site owned by Idemitsu.

IAMGOLD puts construction of Canadian mine on ice

Building activities at Côté Gold, located in the Abitibi gold belt in Ontario, were slated to start in the first months of 2019, with pre-production beginning in late 2020.

BHP said to owe $215m in underpaid iron ore royalties to Western Australia

State claims BHP used its wholly-owned Singapore marketing hub subsidiary to understate the price of iron ore sold Japan and China buyers.

Indian demand lags on price surge; all eyes on Lunar New Year

Local gold prices in India touched their highest since July 2016 this week.

S.Korea court approves seizure of some of Nippon Steel's assets

A request was made by plaintiffs in a wartime forced labour case to seize part of the local assets.

Irving Resources granted drill permit in Japan

Last October, Irving sampled high grade quartz vein float at Omu.

S.Koreans seek Nippon Steel asset seizure in 'forced labour' case

The application for the asset seizure, if approved by the court, could further strain South Korea's already frosty bilateral relations with Japan.

Japan's Sumitomo Metal sees global nickel deficit nearly halving in 2019

Global demand for nickel is seen increasing by 3.4 percent in 2019 from this year to 2.339 million tonnes.

Mitsubishi kisses thermal coal goodbye, sells Aussie mines

Japan’s biggest trading house is selling its 31.4% stake in Clermont coal mine to a 50-50 joint venture between Glencore and Sumitomo Corp, and its 10% stake in Ulan coal mine to Glencore.

Teck chooses Sumitomo to develop Chilean copper project in $1.2B deal

Sumitomo Metal Mining and Sumitomo Corp. will pay $800 million earn-in contribution and $400 million matching contribution for a third of Teck's 90% interest in Quebrada Blanca mine.

Mitsubishi Materials says its Indonesia copper smelter declared force majeure on some deliveries

The smelter went into maintenance that was scheduled for about 30 days, but has been extended due to a lack of oxygen supply from a neighboring oxygen plant.

Nippon Steel braces for weaker prices amid fears over China slowdown

Natural disasters and glitches at their ageing facilities have prevented Nippon Steel from producing as much steel as they had planned.

Komatsu autonomous haulage system sets new haulage record

The Japanese firm's truck has achieved the unprecedented milestone of more than two billion tonnes of surface material moved autonomously.

Japan's Sumitomo Metal cuts FY profit forecast on lower metal prices

Sumitomo Metal cut its full-year forecast, blaming lower-than-expected metal prices amid the U.S.-Sino trade spat, and reduced nickel output.

Nippon Steel first-half profit falls 4% on rising costs, slower output

Nippon Steel plans to step up crude steel production in the October-March period, predicting an output of 21.6 million tonnes for the six months, above 20.58 million tonnes a year earlier.

Panasonic Says Gigafactory Profit in Sight as Tesla Ramps Output

Panasonic already makes money on batteries for the Model S and Model X, which it produces domestically.

Sumitomo lowers nickel output forecast at Ambatovy mine in Madagascar

Due to lower production amid bad weather and a slow ramp-up after a regular maintenance, Sumitomo now expects a loss of 13.6 billion yen.

Japan aluminium roller UACJ removes Rusal from 2019 suppliers list-president

Japan's top aluminium rolling company is removing Rusal from its suppliers list for next year due to uncertainty over U.S. sanctions.

China's CNNC seeking overseas partners to secure uranium

"Our vision is to be the world's leading uranium company" - Ni Tao deputy manager of China National Uranium Co Ltd