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…

February 8, 2012

Indian iron ore mining mess – Supreme Court panel moots market rates for Karnataka iron ore

Iron ore miners and consumers in Karnataka, including NMDC, the country's largest iron ore producer, and JSW, India's largest private sector steelmaker, will have to grapple with higher costs and…

February 7, 2012

Gunmen kill Indonesian police officer near Freeport-McMoRan’s gold, copper mine

Unidentified gunmen have killed a police officer near the U.S. company Freeport-McMoRan’s gold and copper mine in eastern Indonesia.

February 7, 2012

New uranium mine in India slated for April startup

The Hindu Business Line reports the Tummalapelle uranium mine in the YSR district of Andhra Pradesh, India, will be commissioned by early April.

February 7, 2012

Russian Railways to build $1.7 bln coal line in Indonesia – govt

Russia's state railway firm Russian Railways plans to build a train line to transport coal in Indonesia's East Kalimantan province on Borneo island, with $1.7 billion of investment for a…

February 6, 2012

Ethical Coal: Mongolia’s sparkling potential amidst regional energy demand

Mongolia is land-locked country in East and central Asia, bordered by Russia to the north and China to the south, east and west. With a population of 2.8 million people…