November 12, 2018

LafargeHolcim sells Indonesian business to Semen Indonesia

The assets sold consist of four cement plants, 33 ready-mix plants and two aggregate quarries.

November 12, 2018

De Beers is said to make big cuts in low-end diamond prices

De Beers is famous for its tight control over the diamond market.

November 9, 2018

ALROSA reports October diamond sales $242.8 million – down 28% YoY

ALROSA's total diamond sales in January-October 2018 grew 6% YoY.

November 9, 2018

Key festivals light up Indian demand

We were initially skeptical about Diwali demand but it jumped this week, despite higher prices - Harshad Ajmera, the proprietor of JJ Gold House

November 8, 2018

Indonesia’s Inalum sells $4B in bonds to fund Freeport purchase

The deal came amid choppy global markets, rocked by trade concerns and slowing economic growth in Asia - including Indonesia.

November 8, 2018

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.

November 7, 2018

Indonesia hauling ban could paralyse South Sumatra coal mining – Assoc

Indonesia's South Sumatra province plans to ban coal transporters from using public roads from Nov. 8

November 7, 2018

How to avoid the resource curse? Take 6 years to approve deals

To avoid the resource curse Afghanistan needs to stop illegal mining.

November 2, 2018

Asia Gold-India’s festival week fails to spark demand

Diwali is just a week away but there is no improvement in demand.

November 2, 2018

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…