March 28, 2018

Japan’s JXTG raises profit forecast despite $1.2bn charge

The Japanese energy and metals company said the impairment loss at its Caserones copper mine in Chile was due to higher production costs.

March 27, 2018

Nickel market eyes Philippines as mine review delayed yet again

The review by the Mining Industry Coordinating Council is now set to take six months instead of three, according to the Department of Finance.

March 27, 2018

Rio Tinto fully out of coal sector with $2.25bn Kestrel mine sale

Company has agreed to sell its 80% stake in the Kestrel mine to a consortium comprising of private equity manager EMR Capital and Indonesian coal company Adaro Energy.

March 27, 2018

Vedanta shuts protests-ridden copper smelter in India for 15 days

The maintenance activity, originally scheduled for April, comes amid media reports that thousands had taken to the streets and shut shops in Thootukudi to protest against the expansion of the…

March 26, 2018

Fortescue cuts iron ore price outlook as Chinese production slowdown, trade tensions weigh

The company amended its guidance to around 65 per cent of the average benchmark Platts 62 CFR index.

March 25, 2018

Shortlist Announced: Mines and Money Asia Outstanding Achievement Awards

Nominated by industry peers and chosen by an esteemed panel of judges, these awards are designed to recognize excellence and outstanding achievement over a wide cross-section of the Asia Pacific…

March 25, 2018

Shenhua profit rises to 5-year high as China curbs boost coal

Coal prices were supercharged last year as China pressed on with efforts to cut overcapacity.

March 25, 2018

Indian woman continues fight to repatriate blue diamond

The blue Nassak, also called ‘Eye of Lord Shiva,’ is a 43.38-carat diamond.

March 23, 2018

South Korea on verge of trade deal -Trump

Trump said the agreement "would be a wonderful deal with a wonderful ally."

March 23, 2018

Asia Gold-Higher prices keep buyers at bay; India discounts at 6-1/2-month high

Physical gold demand in Asian hot spots slouched this week as higher global prices made buyers hold off on purchases.