October 7, 2012

PEW lauds electricity generation from Thar coal

According to Pakistan Economy Watch, the strategic decision is appropriate as prices of imported oil will never come down to reasonable level, gas supply from Iran and Turkmenistan remains uncertain…

October 7, 2012

China uncovers large nickel reserve

Officials expect reserves to grow

October 7, 2012

Gold to see a downward correction

Comex gold futures ended lower on Friday on profit-taking after bullion's appeal as an inflation hedge was dampened by a surprising drop in US unemployment rate to a four-year low.

October 5, 2012

Indian state of Goa forced to halt all mines

India’s Supreme Court order the state of Goa to halted all mining activities in Goa, including transportation of already mined manganese and iron ore, and sought responses of the union…

October 5, 2012

China and Chile join forces during Asia Copper Week

The world’s most important copper companies will gather next month in Shanghai in an event organized by the Chinese’s city Futures Exchange (SHFE) and Chile’s Centre or Copper and Mining…

October 5, 2012

Australia plays risky balancing game with Asian suitors bearing FTA’s

Australia faces the parlous challenge of juggling trade relations with the three key East Asian economies, all of whom covet free trade agreements with the antipodean continent in order to…

October 4, 2012

Australia and Mongolia to expand ties in mining sector

Australia and Mongolia are set to expand ties in the mining and resources sector following calls by politicians from both nations for cooperation to be strengthened.

October 3, 2012

Protest against Centerra Gold in Kyrgyzstan turns violent

Demonstrators clashed with police and tried breaking into a building housing the parliament and government offices in Kyrgyzstan's capital Wednesday, as they demanded the nationalization of the Kumtor gold mine,…

October 1, 2012

BHP expresses confidence in copper, foresees 10% CAGR for next three years

Diversified mining giant BHP Billiton (ASX:BHP) has expressed strong confidence in the long-term outlook for the global copper market.

September 29, 2012

Ancient Buddhist statue found in Tibet carved from meteorite

A Buddha statue looted by Nazis in Tibet in the 1930s was carved from the Chinga meteorite, which crashed to the Earth 15,000 years ago, revealed Elmar Buchner of the…