July 24, 2012

Indonesia ‘requests’ 51% of Grasberg, Freeport agrees to 9.3% ‘at the moment’. What happens next?

The tide of resource nationalism sweeping the developing world may be catching up with Grasberg and Freeport Indonesia.

July 24, 2012

Intrepid Mining plunges 55% on shadowy Indonesian ouster

Australia's Intrepid Mining (ASX:IAU) has seen its share price plunge after being summarily booted from a key copper project in Indonesia by powerful local business interests.

July 23, 2012

Vietnam gold mine destroys environment

An inspection team from Lao Cai last Thursday visited the site of operations by the Ecotech gold-mining company in Van Ban District in northern province of Lao Cai after receiving…

July 23, 2012

Mindoro Signs gold assets sale agreement with Red Mountain Mining

Mindoro Resources has signed a binding Share Sale Agreement with Red Mountain Mining for the sale of Mindoro's Batangas and Tapian gold and copper-gold assets in the Philippines.

July 21, 2012

India’s Jindal employees in Bolivia arrested and equipment seized for alleged ‘breach of contract’

Two employees of India’s Jindal Steel and Power were arrested on Friday and equipment confiscated in Bolivia, after the company abandoned its $2.1 billion El-Mutun iron ore project five days…

July 21, 2012

China’s Sino Iron mine in Australia just got $2 billon more expensive

The cost of building China's CITIC Pacific’s first iron ore mine in Australia, Beijing’s largest investment in the Aussie mining sector, has increased to a shocking $8 billion.

July 20, 2012

Intrepid Mines-Exploration Activities Suspended

Intrepid Mines announced today that its Indonesian joint venture partner, PT Indo Multi Niaga, without prior reference to Intrepid, has suspended operations at the Tujuh Bukit Project in East Java…

July 19, 2012

Rare earth mining rights in China have just been cut in half

The Chinese government has halved the number of rare earth mining rights in the country pulling 65 permits in all, according to a report by ChinaDaily USA.

July 19, 2012

Impoverished no more: Indian bean farmers grow fracking’s special ingredient

A hard bean, the guar, grown in India's most arid and hard scrabble region is a key ingredient in making hydraulic fracturing better.

July 19, 2012

Copper hits 2-week high on China easing hopes

Copper strengthened further on Thursday in a generally stronger base metals sector on comments from China Premier Wen Jiabao which was interpreted as suggesting possible further monetary easing there.