December 23, 2011

Komatsu sees record year for mining equipment sales in China

Komatsu Ltd., the world's second- biggest mining equipment maker, expects global demand for its machines to reach a fresh record next year, fueled by China and India's search for coal,…

December 22, 2011

Kobe Steel enlisted to help India upgrade $400m iron ore nuggets plant

The government-owned Steel Authority of India (SAIL) has commissioned Japan’s Kobe Steel to upgrade its manufacturing facilities and set up a new $400 million iron ore nuggets plant in Durgapur,…

December 22, 2011

PNG rejects appeal to block Ramu nickel sea dumping

A Papua New Guinea court has rejected an appeal by local landowners to block deep sea dumping of waste from the Ramu nickel mine, junior partner Highlands Pacific said on…

December 22, 2011

Japan’s Nov rolled copper output down 10.4 pct

The Japan Copper and Brass Association said Thursday the country's output of rolled copper product plunged 10.4% from a year earlier in November owing to sluggish demand.

December 20, 2011

JFE Steel sees slightly lower Q1 output than Q4

The Japanese steelmaker expects its crude steel production in the January-March to be flat or slightly down on than that of the October-December period.

December 18, 2011

Oceana aims for record gold production

Oceana Gold has tentatively forecast record gold production for the calendar year 2013, underpinned by its gold and copper development mine in the Philippines which is less than a year…

December 18, 2011

Australia and Indian ministers discuss cooperation in mining

The Minister for Employment and Workplace Relations and Minister for Financial Services and Superannuation, Government of Australia, Mr Bill Shorten called on the union minister for steel Mr Beni Prasad…

December 18, 2011

Gunmen attack helicopter carrying mine workers in Indonesia

Gunmen fired at a helicopter carrying workers for the mining giant Freeport-McMoRan shortly after it took off Saturday from a town near the company’s huge gold and copper mine in…

December 17, 2011

Tension as Andhra villagers oppose iron ore mining

Tension prevailed Saturday in a village in Andhra Pradesh's Prakasam district as the villagers, opposing a proposed iron ore mining project, disrupted a public hearing being conducted by the authorities.

December 16, 2011

Selling pressure pushes gold prices down in India

Gold prices in India have been sliding all week, falling below the crucial $531.66 per 10 grams level for the first time in six weeks in New Delhi on Friday.