January 22, 2018

Rising mineral prices trigger artisanal and small-scale mining ‘explosion’ — report

An estimated 40.5 million people were directly engaged in ASM last year, up from 30 million in 2014, 13 million in 1999 and only 6 million in 1993.

January 22, 2018

Agarwal plans to keep his Anglo American stake for a long time

Indian commodities billionaire said the rally in Anglo American Plc vindicated his personal bet in the mining group.

January 22, 2018

Rio Tinto bets big on Mongolia, opens local office

The new unit, under Mongolian leadership, will focus on exploration and local ties.

January 19, 2018

Turkish gold imports hit record 370 T in 2017-Borsa Istanbul

This was the highest level of imports since the data was made available in 1995 and well above the previous record of 302 tonnes set in 2013.

January 19, 2018

Asia Gold-Demand firms ahead of Chinese New Year; India discounts widen

"Demand has actually increased on the physical side, mainly because there has been some pull-back in prices this week," said a GoldSilver Central dealer.

January 19, 2018

Bond market bear creating gold bull

Currently, there's a lot of good news for gold which thrives on the spectre of high government debt leading to more money-printing and inflation.

January 19, 2018

India to allot Coal India 11 new mines to boost production by two-fifths

The mines, in the eastern states of Odisha, Jharkhand and Bihar, are expected to operate at full capacity by 2022.

January 18, 2018

India steel ministry seeks abolition of met coal import tax

Removing import tax on coking coal would soften the impact of rising costs on users of key steel-making fuel and promote alloy production.

January 18, 2018

Force Majeure at Oyu Tolgoi mine due to border protests

Measure was taken as Chinese coal haulers continue to disrupt deliveries near the border with Mongolia, the mine's majority owner Turquoise Hill said.

January 17, 2018

Indonesia completes contract amendments with coal miners

Indonesia has now amended contracts of all 68 coal mining companies, marking victory for the government after earlier miner resistance to adopt to new terms.