June 5, 2013

Mongolia shakes its ‘Asia’s mineral state’ reputation, pushes renewables

Government will also introduce new environmental laws.

June 4, 2013

Grasberg outage lifts copper to 2-week high

Between 100–150kt of copper will be off the market.

June 4, 2013

Falling commodity prices hit Aussie miners the hardest: profits fall 49%

The world's 40 largest miners announced a massive $45 billion in writedowns last year.

June 4, 2013

Centerra Gold holds key talks with Kyrgyzstan over Kumtor ownership

Parties are currently considering a potential restructuring deal to form a joint venture that would own Centerra's flagship Kumtor project.

June 4, 2013

Chinese firms go hunting for gold mines overseas

China hosts less than 5% of the world's known gold reserves, while domestic mines are often readily exhausted.

June 3, 2013

Coal mine gas explosion kills 10 in China

"China's mines are considered among the world's deadliest due to lax safety regulation, corruption and poor operating procedures."

June 3, 2013

Survey of mining executives reveals renewed pessimism in the sector

Iron ore, molybdenum and nickel are the main commodities executives see as having the highest likelihood of depreciating in value over the next three years.

June 3, 2013

Indonesia tells Freeport to halt copper-gold mine for 3 months

The world's No. 2 copper mine has been practically halted from May 14 at estimated cost of about $15 million a day in lost production.

June 2, 2013

India tightens gold import rules further

Barring state-run firms from importing gold and making the metal less attractive as an inflation hedge also being considered.

June 2, 2013

Vizcaya tribal folk join barricade vs mine firm

Tribal folk in this upland town are taking turns in watching two road barricades they have set up to block the entry of equipment and supplies for an Australian-owned mining…