December 8, 2011

Talison Lithium and Sojitz Sign Memorandum of Understanding

Talison Lithium Limited ("Talison") (TSX:TLH) and Sojitz Corporation ("Sojitz") announced today that they have signed a Memorandum of Understanding ("MOU") to discuss on a non-exclusive basis collaborative marketing and distribution…

December 7, 2011

10 Indian diamond traders jailed in China; 12 to be deported

Ten of the 22 Indian traders, charged with smuggling diamonds worth USD 7.3 million into China, were today sentenced to varied prison terms ranging from 23 months to six years…

December 7, 2011

Intrepid Mines copper-gold output increased over 70 percent to 1.7 billion tonnes

Intrepid Mines Limited (TSX:IAU)(ASX:IAU) ("the Company") reports that assay results from drilling completed in the last six months around the known porphyry copper-gold zone of the Tumpangpitu area of the…

December 7, 2011

FT asks if Indians’ love of gold is destroying their economy

Based on new research by investment bank Macquarie titled India’s Fatal Attraction, the FT asks if India’s weddings are destroying its economy given the huge importance of gold in the…

December 5, 2011

Tata launches new coal haulage truck with Allison transmission

Tata Motors, India’s market leader in commercial vehicles and the world’s fourth largest truck manufacturer, has launched the new TATA Prima 3138.K 8X4 tipper equipped with an Allison 4430R transmission…

December 3, 2011

Philippines set to offer 30 coal projects first quarter 2012

The Philippines will offer 30 coal exploration projects in the central and northern provinces, where mining is not yet banned that may need total investments of $600 million at a…

December 3, 2011

Groups urged pullout of Norwegian mining firm for violating OECD guidelines

Environmental groups are calling for the withdrawal of a Norwegian firm seeking to mine for nickel in Mindoro after it was found in violation of guidelines for multinational enterprises established…

December 2, 2011

British Churchill Mining threatens Indonesian government with arbitration

London-listed Churchill Mining Plc is threatening Indonesia to seek international arbitration, saying that the company was unlawfully deprived of a US$1.8 billion coal discovery in the jungles of Borneo Island.…

December 1, 2011

India’s Aditya Birla Group joins bid for Australian coal miner New Hope

India's leading aluminum and copper producer Aditya Birla Group confirmed Thursday that it has officially expressed an interest in bidding for Australian coal miner New Hope.

November 28, 2011

Indian consortium and Canadian firm awarded big Afghan iron ore contract

A group of Indian companies and Canada's Kilo Goldmines Ltd. (CVE:KGL) have been awarded the contract to mine the Hajigak iron ore deposit in Afghanistan. MINING.com reported Nov. 19 that…