December 29, 2011

Goa’s iron ore continues crossing borders suspiciously

Goa's mining industry, in the last six months, has reported almost 10 per cent of its Iron ore being exported under doubtful circumstances despite being under strict surveillance for illegal…

December 28, 2011

Diamond prices to rise over four years

Diamond prices are poised to rise for the next four years, outpacing gold, as increased spending on luxury goods in China, India and the Middle East outpaces supplies of the…

December 28, 2011

New Guinea Gold halts mining operations at Mt. Sinivit after occupation

New Guinea Gold (CVE:NGG) temporarily halted mining and processing at its Mt Sinivit operation after it was occupied by the Wild Dog Mining Area Landowner Association and Lulai Nakama Association.

December 28, 2011

Protests and deaths in Indonesia force Australian gold exploration company to halt activities

Arc Exploration Limited (ARX), an Australian gold mining exploration company with presence in Indonesia, has halted activities at a project in Bima, after a violent protest at the nearby port…

December 28, 2011

Freeport’s Grasberg copper-gold ops contractor under pressure

Indonesian contractor KPI under pressure to settle with Unions to bring the strike at the massive Grasberg copper-gold mine to an end.

December 28, 2011

Copper concentrator (40,000 t/d) order in Mongolia awarded to FLSmidth

FLSmidth has been awarded a contract worth approximately $105 million from the Mongolian company, Mongolyn Alt (MAK) Group, to supply a greenfield copper concentrator for a mine some 500 km…

December 27, 2011

Japan Q1 crude steel demand seen at near 2-yr low

Japanese demand for crude steel is expected to fall 6.2 percent from a year earlier to an almost two-year low of 26 million tonnes in the January-March quarter, as a…

December 26, 2011

FeOre aims for first rail haulage of Mongolian iron ore within two years

FeOre, a Mongolia focused iron ore explorer, has been admitted to the ASX following a successful initial public offer of up to AUD 140 million shares at AUD 0.25 to…

December 26, 2011

Coal mine incident kills another labor in Baghlan province

According to reports, another Afghan coal mine labor was killed at northern Nahrin district of Baghlan province during the rescue efforts on Saturday evening. The latest casualty tolls up the…

December 26, 2011

Freeport Grasberg copper-gold mine striker return at risk

Strikers at Freeport's massive Grasberg copper-gold mine in Indonesia who are supposed to go back to work this week after 3-months out may be delaying return over suspended workers.