May 29, 2018

India seeks gold, diamond mining rights in Russia

India seeks to import gold and diamonds for value-addition before exporting them.

May 29, 2018

Copper supply shock hits India as top plant ordered to close

About 13 people died at the site last week after police opened fire as locals protested against alleged pollution. 

May 29, 2018

China is said to mull more US coal imports to cut deficit

Chinese officials are currently looking at boosting purchases from West Virginia in particular.

May 29, 2018

Australia’s Galaxy Resources to sell tenements in Argentina to POSCO for $280 mln

The land is located in the northern area of the giant Salar del Hombre Muerto salt flat.

May 28, 2018

Billionaire’s battered miner may face investor, political unrest

A combination of bad news across its operating industries has made Vedanta one of the biggest losers this year among the 10-member S&P BSE India Metal Index.

May 28, 2018

Vedanta’s troubles worsen as Indian state orders permanent closure of smelter

Deadly protests last week over alleged pollution from the Tuticorin smelter have prolonged a shutdown of the 400,000 tonnes-a-year operation. This time it seems to be forever.

May 25, 2018

Vedanta sticks with plan to expand Indian smelter despite deadly protests

A company executive says Vedanta is not looking to set up plant elsewhere.

May 25, 2018

Asia Gold-Demand fades as prices recover; India discounts widen

Physical gold demand remained subdued this week in most Asian hubs as prices rebounded following an initial dip.

May 25, 2018

Distraction or disaster? Freeport’s giant Indonesian mine haunted by audit report

As follow-up to the audit, the environment minister issued two decrees that gave Freeport six months to overhaul management of its mine waste at Grasberg.

May 25, 2018

China opening may spark iron ore to become more like crude oil: Russell

Iron ore is still a long way behind other commodity markets, such as crude oil, where paper trade exceeds physical by large multiples.