April 11, 2011

India’s Punj Llyod buys 50% stake in Indonesia coal mine

Indian infrastructure major Punj Lloyd on Monday announced that its Singapore-based subsidiary, Sembawang Engineers and Constructors, has entered into an agreement to acquire 50% stake in a thermal coal mine…

April 11, 2011

Freeport Indonesia workers fear for safety after Grasberg deaths

Hundreds of Grasberg employees protested in front of the PT Freeport Indonesia offices for two days, refusing to go to work until their employer could guarantee their safety.

April 8, 2011

Gunmen kill 2 at Freeport’s giant Grasberg copper-gold mine in Indonesia

Gunmen killed two workers on Thursday at Freeport-McMoran Copper & Gold Inc's giant gold mine in Indonesia's Papua, a province with a simmering separatist movement. A Freeport company spokesman said…

April 8, 2011

Vedanta announces record Q4 aluminium production

Indian-focused miner Vedanta Plc (VED.L: Quote) saw record aluminium production in its fourth quarter and a 29 percent jump in refined zinc from its Indian operations, helping it take advantage…

April 7, 2011

Rio Tinto shines anew in India

Australian mining giant Rio Tinto has received the green signal to undertake mining activities in India, with the Orissa government granting a proposal for a fresh agreement on Thursday, April…

April 7, 2011

Oyu Tolgoi to begin production in August 2012

Mongolia's massive Oyu Tolgoi copper-gold project is expected to begin production in August 2012, sooner than forecast, said Temuulen Ganzorig, Deputy Director of Erdenes MGL which partners with Ivanhoe Mines…

April 7, 2011

CDE expands mineral testing capability with IMMT collaboration

Kolkata-based CDE Asia has announced an expansion of its current material testing capability following an agreement with the Institute of Minerals and […]

April 6, 2011

Gold rally pulls key Tokyo gold futures to 28 year highs

The key gold futures on the Tokyo Commodity Exchange scaled a 28-year high on Wednesday, driven by a rally to record peaks in the global gold market the day before…

April 5, 2011

Silver puts gold in the shade

Both gold and silver are having a bull run in India, but silver is definitely having the better run of late and […]

April 2, 2011

Japan tsunami: significant impact on Asian gold supplies

It feels a little callous writing about Japan with respect to precious metals after the country suffered such a terrible tragedy. However, I think it's worth discussing because there's a…