September 6, 2015

India’s Modi Tells Coal Power Plants to Subsidize Solar

Prime Minister Narendra Modi’s government has ordered some of India’s oldest coal-fired power plants to help make solar farms more competitive

September 4, 2015

Glencore’s just had one of its worst weeks ever — shares down 22 pct

The company, already the worst performer in the FTSE 100 index in 2015, has lost almost 60% of its value since the beginning of the year.

September 3, 2015

Investigation launched into Mongolian iron ore mine financed by European Bank for Reconstruction and Development for impacts on local communities

The investigation comes in response to a complaint filed to the EBRD’s Project Complaint Mechanism (PCM) in December 2014 from herders affected by the project.

September 2, 2015

Nothing for punters when Rio buys out Turquoise Hill

Rio will buy all of Turquoise Hill soon says new report, but 'there's no incentive to promote the true value' of Vancouver co's giant Mongolia copper mine.

September 2, 2015

INFOGRAPHIC – The Petrostate Hex: How plunging oil prices affect currencies

In today's infographic, we look at how crashing oil prices over the last year have affected currencies of nations that are heavily reliant on exporting oil.

September 1, 2015

Dubai’s DMCC, Borsa Istanbul sign MoU to improve bullion trade

The Dubai Multi Commodities Centre and Borsa Istanbul have signed a memorandum of understanding to enhance bilateral relations, specifically linked to the trade of bullion, they said in a joint…

August 31, 2015

Today’s chart of the day is $XJY (Japanese yen – Philadelphia)

Over the last couple of days the yen has broken a multi-year down trend line and completed a higher high for the first time in 4 years.

August 31, 2015

China’s Zijin hands $298 million to partner Barrick Gold

The cash injection comes from selling half of its interest in the Porgera mining operation to the Chinese group last May.

August 30, 2015

Kazakhstan to remain top of uranium heap for next decade: Kazatomprom

The state-owned entity says it will preserve its leading position as extractor of natural uranium, by developing existing mines, building new ones and introducing technologies to lower the costs of…

August 28, 2015

Indonesian mining – attractive, not always easy

The Tujuh Bukit project reflects both the attractions and difficulties facing foreign companies working in Indonesia's mining sector.