Asia



Update: Ivanhoe to sell SouthGobi stake to Chalco

 Ivanhoe Mines (IVN-T, IVN-N, IVN-Q) says it will sell its stake in Mongolian coal producer SouthGobi Resources (SGQ-T) to Aluminum Corp. of China (Chalco) and use the proceeds to fund development of its massive Oyu Tolgoi mine, where it…





A drill rig at Woulfe Mining's Sangdong tungsten-molybdenum project in South Korea. Photo by Woulfe Mining

Buffet buys into tungsten mine

While tungsten promoters may want to spin a tungsten mine investment that connects back to Warren Buffet as a rousing endorsement for the metal, the main factor in the move may be far more pragmatic. 


Mongolian geologists preparing soil samples for geochemistry analysis at Kincora Copper's Bronze Fox copper-gold project in Mongolia. Photo by Kincora Copper

Kincora rides Mongolian copper wave

Kincora Copper (KCC-V) believes that with a bit of patience and a lot of drill work, its Bronze Fox property can become the next big name in Mongolian copper and gold. 


Drillers at Orsu Metals' Karchiga copper project in northeastern Kazakhstan, 40 km west of the China border. Photo by Orsu Metals

Karchiga feasibility lifts Orsu Metals

A definitive feasibility study on the Karchiga volcanogenic massive sulphide deposit in northeastern Kazakhstan demonstrates that the project can be developed as a high-grade, medium-cost open-pit copper mine with a rapid payback period,…





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