May 13, 2012

Commodities sector needs more skilled workers: Dompok

TAMPARULI: More local skilled workers are needed to ensure the national commodities industry remains competitive and market-oriented. Plantation Industries and Commodities Minister Tan Sri Bernard Dompok said given that the…

May 13, 2012

Chart of the week: where global industrial production is coming from

Many have compared today’s economic recovery to the slow, stagnant growth Americans lived through in the 1970s.

May 13, 2012

Indonesian Ni Ore export tax levied 20pct

The Indonesian government enforced an export tax system effective May 6th 2012 in which 20% export tax is levied on 14 mineral products of Indonesian origin including nickel ore. As…

May 13, 2012

China posts 10 pct rise in Q1 gold output

(MENAFN) China's Ministry of Industry and Information Technology said that during the first quarter, the country's production of gold rose 10 percent from a year earlier, reported Xinhua News.The ministry…

May 11, 2012

End of the Kim era at Kazakhmys

When Kim got involved with Kazakhmys (then called ZhezkazganTsvetMet) during the 1990s the Soviet era the state company was in complete disarray and debt laden. He turned Kazakhmys into a…

May 11, 2012

After Bougainville black eye, Rio Tinto wading back into PNG

Rio Tinto may attempt to re-enter the mining industry in Papua New Guinea after a distastrous experience in the 1980s, according to a report this week in PNGIndustryNews.net.

May 11, 2012

Calls for Indian gold bonds grow louder

The Indian government is mulling the issuance of gold bonds to decrease imports, arrest the rupee's slide and channel household savings into infrastructure.

May 11, 2012

Indonesia plans new quotas to limit mineral exports

The quotas, which will be initially introduced between June and August, will apply to all mineral exporters, a Trade Ministry official said Friday.

May 11, 2012

The gold in mining: Canada’s B.C. sector thriving, thanks in large part to China

The head office is just one among 800-odd mining companies clustered in downtown Vancouver. But even in a group so large it serves as the backbone of the city’s business…

May 11, 2012

Uranium prices to hit rock bottom this year

With the price of uranium down about 25% from levels reached before the Japanese earthquake and nuclear disaster in Japan last year, the least the industry wanted to hear was…