SouthGobi: It’s the coal, stupid
Ulaanbaatar, Mongolia — Ivanhoe Mines’ (IVN-T, IVN-N) massive Oyu Tolgoi copper-gold project in Mongolia may be hogging the headlines, but it’s the Ovoot Tolgoi coal field that really should be getti…
Asia
Freeport-McMoRan restarts Climax mine
With molybdenum prices trading recently at US$32.65 per lb. — up sharply from a 20-year high in 2004 of US$16 — it’s hardly surprising that Freeport-McMoRan Copper & Gold (FCX-N) plans to reopen…
Pebble Creek plans $10M for India
Vancouver — India-focused explorer Pebble Creek Mining (PEB-V, PBLEF-O) plans a $10-million financing to advance its Askot copper-zinc project.
Jinchuan boosts interest in Continental
Vancouver — Chinese smelting group Jinchuan has boosted its interest in aspiring copper producer Continental Minerals (KMK-V, KMKCF-O) to 14% by exercising 8 million of the junior’s warrants for a to…
Sino Gold adds another gold-silver deposit to its pool of China assets
Several years ago Australian gold producer Sino Gold (SGX-A) identified the Eastern Dragon gold-silver deposit in n…
Silvercorp will build new mill for its Ying silver mining camp in China
After a spending spree this year during which Silvercorp Metals (SVM-T) acquired three new properties within 15 km …
Big boost for Minco’s Fuwan silver resource
After a drill season filled with strong silver grades, Minco Silver (MSV-T) has increased the resource for its Fuwa…
Anglo American CEO sees ‘solid’ metals outlook in ’08
Beijing, China–In her keynote speech at the recent China Mining Conference here, Anglo American (AAUK-Q, AAL-L) chief executive Cynthia Carroll highlighted key trends — and concerns — in the mining…
The China factor
Beijing, China–China’s insatiable appetite for iron ore has been a major factor behind the recent enormous price increases and profits in the global iron ore industry.
Bema Gold management returns to market with B2Gold
Vancouver – The former management team from Bema Gold is back with a new company that has one of the biggest explor…
Gold World sues former partners, starts anew in China (December 04, 2007)
Gold World Resources (GDW-V, GLWDF-O) is picking up the pieces of its China strategy and has signed a new joint-ven…
Resource security high on China’s agenda
As the world’s largest consumer of mineral raw materials, it’s no surprise that China’s mining companies are following their international peers and starting to hunt for resources overseas.