February 15, 2012

Rosy Blue may turn to Rio Tinto for raw diamonds

n what can be termed as a major fallout of the indication given by the world's largest raw diamond producer De Beers that it may not increase production this year,…

February 13, 2012

Indian group plans Qld’s biggest coal mine

An Indian conglomerate is planning to build Queensland's biggest coal mine near Rockhampton in the state's central region, including a new town, runway, railway and port facilities.

February 13, 2012

Philippines looking to revamp mining rules in latest example of resource nationalism

The Philippines is taking a cue from South Africa, Australia and Zambia, all recent examples of government attempts to extract more revenues from their mining sectors and add more controls.

February 13, 2012

SouthGobi Resources Successfully Commissions Dry Coal Handling Facility at Its Ovoot Tolgoi Mine in Southern Mongolia

SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) announced today the successful commissioning and startup of the dry coal-handling facility ("DCHF") at its Ovoot Tolgoi coal mine in southern Mongolia.

February 13, 2012

Batu Hijau 2012 output to drop 33 pct – Newmont

According to officials from Newmont Nusa Tenggara, Batu Hijau's gold and copper production will temporarily plunge this year as the mine pit is expanded.

February 10, 2012

Iron ore fundamentals just got better: India exports set to drop another 35% this year

Down from 100 million tonnes in 2010, India's minerals industry federation forecasts only 40 million tonnes will be shipped over the next 12 months.

February 10, 2012

$30bn in new steel plant investments in jeopardy – Karnataka

A report submitted by a panel proposing that annual iron ore production in the southern state be capped at 30 million tonnes is expected to impact steel capacity investments the…

February 9, 2012

Centerra Gold Updates Reserves and Resources Total Gold Reserves 8.1 million Contained Ounces

Centerra Gold Inc. (TSX:CG) today issued updated estimates for the Company's reserves and resources based on its successful 2011 exploration program. TORONTO, ONTARIO--(Marketwire - Feb. 9, 2012) -

February 9, 2012

Iron ore, check; Indian companies now looking to bid on Afghan copper, gold deposits

After achieving a toe-hold in Afghanistan with the award of a major iron ore contract, Indian companies are turning their attention to the troubled country's copper and gold reserves.

February 9, 2012

Jewellers resume buying gold, diamonds as rupee rise pauses

The 6,000-odd registered jewellers in the country seem to have again started booking raw material, believing the recent sharp recovery in the rupee's exchange rate is over for now and…