Silvercorp boosts production
While China-focused miner Silvercorp Metals (SVM-T) saw record production in its first quarter ended June…
Asia
SouthGobi Doubles Coal Sales In Mongolia
SouthGobi Energy Resources (SGQ-V, SGQRF-O) more than doubled coal sales at its Ovoot Tolgoi mine in June and has moved it to round-the-clock production, seven days a week, starting from July 1.
Mongolian Uranium Hard To Access
The Mongolian government has extended the suspension of uranium licences for Khan Resources (KRI-T) and Western Prospector Group (WNP-V).
Vale’s Q2 net earnings drop significantly
Vale (RIO-N) may have posted record quarterly shipments of iron ore to China but its net earnings still p…
East Asia drills in Indonesia
Drilling is off to a good start at East Asia Minerals’ (EAS-V) Miwah gold project in Indonesia’s Northern Su…
Sparton Resources nails $1.7 million loan for China acquisition
Toronto-based junior Sparton Resources (SRI-V) has secured a $1.7 million loan to raise its stake in a coal an…
Boroo back on track for Centerra
When mining at its Boroo mine in Mongolia was first suspended Centerra Gold (CG-T) had to contend with the pos…
China demand boosts aluminium prices
Growing optimism about China’s demand for cars, property and power grid construction coupled with a weaker US …
SRK Marks 35Th Anniversary By Opening 4 Offices
Mining experts SRK Consulting are celebrating 35 years in the business by adding four new offices worldwide.
Mongolian Parliament Votes For Ivanhoe Profit-Sharing Deal
Five years of negotiations with the Mongolian government might soon come to a positive end for Ivanhoe Mines (IVN-T, IVN-N) and its partner at the Oyu Tolgoi copper-gold project, Rio Tinto (RTP-N, RIO…
Three Shot Dead Near Freeport’s Grasberg
A 29-year-old Australian who worked asanengineerat Freeport-Mc- MoRan Copper & Gold’s (FCX-N) Grasberg complex was shot dead Saturday while sitting in a car on his way to play golf, the Australian…
UBS Forecasts Coal Recovery
Signs of rising power consumption in China coupled with supply constraints across the Asia Pacific region are all adding up to a tighter thermal coal market that will push up prices, UBS says.