May 21, 2019

BHP more bullish on long-term EV prospects

The world's largest miner has revised up expectations for electric vehicle sales and market penetration, but warns the electrification of the transport sector will proceed only as fast as the…

May 21, 2019

Lynas to move upstream processing of rare earths from Malaysia to Australia

The Australian miner, the world's only major producer of rare earths outside China, said the A$500 million-plan ($346 million) aims to boost production, appease Malaysian regulators and fend off takeover…

May 17, 2019

StanChart is said to hire JPMorgan’s top mining banker in Asia

Michael Willoughby has been named co-head of metals and mining for the region at Standard Chartered and will be based in Singapore, sources said.

May 16, 2019

Anglo Asian’s Azerbaijan gold output rises 22% in 2018

Gold output rose 22% in 2018 to 72,798 ounces from 59,617 ounces in 2017.

May 14, 2019

Over 40% of minority shareholders of Turquoise Hill oppose independent directors

Sailingstone, its second biggest investor, flagged its vote in an open letter last month, citing governance issues and the board's lack of engagement with minority investors.

May 13, 2019

JX Nippon Mining appoints new president, sets out long-term vision

Seiichi Murayama, senior executive officer, will become its new president on June 26, replacing the current president Shigeru Oi.

May 13, 2019

Turquoise Hill’s role in Oyu Tolgoi-related decisions may change this week

SailingStone Capital, the second largest shareholder in Rio Tinto- controlled Turquoise Hill is expected to vote against the re-election of the Canadian miner’s board members this week.

May 10, 2019

Gold price dip bolsters festive demand in India; premiums slip in China

Gold futures in India fell to 31,240 rupees per 10 grams last week, the lowest in more than four months and down 8.2% from a 2019 high of 34,031 rupees…

May 10, 2019

World’s largest hard rock lithium mine to get bigger

Talison Lithium, a partnership between China’s Tianqi and U.S. group Albemarle, obtained an environmental approval for the A$516-million ($361m) expansion of the Greenbushes mine in Western Australia.

May 8, 2019

Trump bans trade in Iranian metals, ratcheting up tensions

The latest order aims to discourage foreign companies and countries that may still be trying to maintain business with Iran.