July 14, 2016

Indian coal push hurting Indonesian exports

India's status as a major coal importer is starting to wane, and that is having a negative effect on a major supplier: Indonesia.

July 13, 2016

Chinese Gov’t official appointment to Teck Resources board raises questions

Watchdog worried about sovereignty issues in the country’s resource sector.

July 13, 2016

Coal India, Gov’t unfairly snapped up lands for mine expansions — Amnesty

Coal India, which produces more than 80% of the country’s coal, plans to increase annual output to about 1 billion tonnes in the next four years.

July 11, 2016

Thermal coal price hits 10-month high as Chinese buyers snap up cargoes

A crackdown by the Chinese government on surplus thermal coal has had a knock-on effect on the price.

July 8, 2016

High grade South Korean gold projects acquired under Southern Gold’s strategic overseas expansion

A suite of high grade gold assets in South Korea, most of them historic underground or artisinal gold and silver workings, some of which extend over a large footprint, are…

July 8, 2016

China, Russia mull setting joint gold mining fund

The new investment fund would focus on financing gold mining projects in eastern Russia.

July 6, 2016

Chinese fund eyes Glencore gold mine in Kazakhstan

China’s state-backed Silk Road Fund is said to be considering a joint $2 billion bid with China National Gold Group for the Vasilkovskoye mine.

July 6, 2016

Gold hits fresh two-year high as UBS declares the start of new bull run

Analysts say the metal likely to reach $1,400 shortly and settle in the second half of this year, averaging $1,340 an ounce.

July 4, 2016

Rio Tinto sells its Blair Athol coal mine for less than a bus ticket

The Blair Athol mine, closed in 2012, would be the second Australian coal asset in a year to be sold for just A$1.

July 4, 2016

Global mining equipment market to reach $156 billion by 2022 — report

Product launch and acquisition are the key growth strategies adopted by the leading market players, such as Caterpillar and Komatsu, to strengthen their foothold in the market.