December 25, 2011

Coal India will switch to new pricing mechanism from Jan

The Coal India Ltd headquarters at Kolkata. (file photo) – A. Roy Chowdhury Co says gross calorific value-based system to be ‘revenue neutral' Coal India Ltd is believed to be…

December 25, 2011

With mining sector in pits, GDP growth to take big hit

An unprecedented crackdown on corruption in India's mining industry, led by the Supreme Court and state-level agencies such as Karnataka's Lokayukta, coupled with rigorous enforcement of environmental norms is resulting…

December 25, 2011

2 killed in protest over Indonesia gold mine

Two people have been killed and 10 others injured during a violent protest over a planned gold mine in eastern Indonesia. The victims were among nearly 1,000 people in Lambu…

December 23, 2011

Copper order in Mongolia awarded to FLSmidth

FLSmidth has been awarded a contract worth approximately USD 105m (approximately DKK 600m) from the Mongolian company, Mongolyn Alt (MAK) Group, to supply a greenfield copper concentrator for a mine…

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…