Malaysia Mining News

Malaysia extends bauxite mining ban until July to fight pollution

The issuing of export permits, however, will resume as soon as existing stockpiles shrink.

Malaysia imposes three-month ban on bauxite exports to fight pollution

The country, the biggest supplier of bauxite to China, said the ban takes takes effect from Jan. 15.

Malaysia may suspend bauxite mining

Malaysia is pushing to suspend bauxite mining due to concerns about its impact on the environment, a cabinet source said on Saturday, threatening to interrupt supplies of the aluminium-making material to China.

Gold price to double by 2030 thanks to Asia: report

ANZ predicts that as incomes rise across Asia, particularly in China and India, so will the appetite for gold rings and necklaces.

Five Chinese workers among injured in coal mine blast in Malaysia

Five Chinese workers were injured Saturday in a coal mine explosion in eastern Malaysia, Chinese consulate in Kuching told Xinhua on Sunday. The explosion has left three persons killed and 29 injured.

Gold rises on Ukraine, Gaza tensions

Emerging markets may give support going forward.

Gold spikes as airliner shot down in Ukraine

Event increases global tensions and demand for safe-haven metal.

Lynas heading for full rare earths ramp-up

Firm struggled to increase output due to problems at Malaysian plant.

Valemax China logistics 'settled' with Malaysia hub, floating stations

Number one iron ore producer, Vale says first of its giant carriers will dock at its new Malaysian transshipment hub next month.

North American rare earth stocks jump on Lynas woes

Opponents of the Australian rare earth miner's controversial Malaysian refinery are calling for a shutdown after an accident at the facility over the weekend killed an engineer.

Top 10 oil and gas producing countries in 2012

World oil production rose about 2.5% last year, from 4,019 million tonnes in 2011 to 4,119 million tonnes in 2012.

Lynas finally fires up Malaysian plant, ignites REE stocks

Australian miner rockets 14% after saying first commercial rare earths available within weeks. Molycorp et al surge in sympathy.

Lynas wins operations appeal in Malaysia

A Malaysian court dismissed an appeal against a temporary operating licence for Lynas Corp (ASX:LYC), an Australian rare earth miner, despite residents' opposition over alleged radioactive hazards.

Fresh crisis at Lynas

Won't be allowed to treat waste in Malaysia. Shares suspended.

Lynas gets Malaysian rare earths plant going

After months of polemic and legal battles, Australian rare earths miner Lynas (ASX:LYC) has finally begun production at its Malaysian processing plant following a recent court triumph.

Demonstrators march 300km on foot to protest rare earth plant in Malaysia

Yet investor hopes remain undiminished

Shares in Australia’s Lynas Corp jump

Shares in Australia’s Lynas Corp soared as much as 12% Friday after the company said its first shipment of rare earth concentrates arrived in Malaysia, indicating an imminent start of operations at its controversial processing plant.

Lynas looking to raise AUD 200 million to launch LAMP operations

Lynas Corp. plans to raise up to AUD 200 million (USD 208 million) in order to help fund the start-up of operations at its LAMP site in Malaysia.

Lynas wins battle against activists, gears up to start rare earths production in Malaysia

Australia's Lynas Corp (ASX:LYC) won Thursday the latest of a series of long-dragged legal battles against activists, which took the company to court for allegedly causing major health and environmental damages to the Malaysian population.

Petronas extends $5.2 billion takeover bid for Progress Energy

Malaysian state-run oil company Petronas has extended the deadline for its takeover bid for Canadian gas producer Progress Energy Resources Corp.(TSX:PRQ) in hopes it will be able to overcome Ottawa's objections to the $5.2 billion deal.

Malaysia mounts raids on gold swindlers

The Malaysian authorities have intensified a crackdown against fraudulent gold traders with raids against several companies last week.

Olympus hits higher gold grade at Jugan Hill, Bau, East Malaysia

Olympus Pacific Minerals Inc. (TSX:OYM)(ASX:OYM)(OTCQX:OLYMF)(FRANKFURT:OP6) has drilled a 24.50 meter intersection grading 7.15 g/t gold in drill hole JUDDH68A at its Jugan Hill deposit within the Bau Gold Project in Sarawak, East Malaysia. This result adds weight to the company's expectation of higher gold grades at depth.

Lynas to face more troubles over Malaysian plant

According to a report by Fairfax Media, Lynas Corporation Limited may face more obstacles at its rare earths processing plant in Malaysia after a group of activists confirmed its commitment to obstruct the project.

Lynas OK to operate controversial rare earths plant in Malaysia

Malaysia's Atomic Energy Licensing Board granted a temporary licence for an initial two-year period under strict safety requirements.