Asia

China's demand for mineral resources affects mining and exploration worldwide. Pictured above: Shanghai's skyline. Photo by Josephine Lim

The China paradigm and commodity demand

After hosting two days of meetings with government policy advisors, experts and consultants about China’s medium- to long-term demand for commodities, the Nomura Group concludes the country’s industrial demand is “moving to…


Changes for Ivanhoe as Rio Tinto takes driver’s seat

Ivanhoe Mines (IVN-T, IVN-N) is shifting gears as it adjusts to Rio Tinto (RIO-N) having acquired a majority ownership stake in the company, and first production approaches at its Oyu Tolgoi copper-gold-silver mine in Mongolia.Ivanhoe released…


Drillers at Crazy Horse Resources' Taysan copper project in the Philippines, 100 km south of Manila. Photo by Crazy Horse Resources

Crazy Horse moves Taysan ahead with prefeasibility study

Philippines-focused Crazy Horse Resources (CZH-V) has outlined a 15-milliontonne- per-year open-pit copper operation at its Taysan project in a prefeasibility study. The mine plan, like the November scoping study before it, splits the project…


Freeport in eye of Indonesia’s nationalization storm

 The world’s largest, publicly traded copper producer, Phoenix-based Freeport-McMoRan Copper & Gold (FCX-N), is standing tough in the face of simmering labour turmoil and nationalization overtures aimed at its Grasberg…


Geologist David Bond exploring Altan Rio Minerals' Chandman-Yol copper-gold project in western Mongolia. Photo by Altan Rio Minerals

Altan Rio sees potential in Mongolia

Having assembled a collection of greenfield copper-gold prospects in Mongolia’s western frontier, Vancouver-based explorer Altan Rio Minerals (AMO-V) is aiming to take the next step forward with a US$2-million drilling campaign in 2012.


Centerra chops Kumtor’s output for 2012

Centerra Gold (CG-T) recently saw its shares plunge 15% after cutting its production forecast for the Kumtor gold mine owing to increased ice movement in the southeast section of the pit, which will restrict access to high-grade ore.



Friedland resigns from Ivanhoe Mines

Just a few months after Rio Tinto (RIO-N) took a controlling 51% stake in Ivanhoe Mines (IVN-T, IVN-N, IVN-Q), billionaire founder and chief executive Robert Friedland has resigned from the company, along with five other members of the senior…


SouthGobi warns of possible suspension

Just two weeks after the Aluminum Corporation of China (Chalco) announced that it intended to make a proportional takeover bid for up to 60% of SouthGobi Resources’ (SGQ-T) issued and outstanding shares, and Ivanhoe Mines (IVN-T, IVN-N,…


Friedland resigns from Ivanhoe Mines

Just a few months after Rio Tinto (RTP-N, RIO-L) took a controlling 51% stake in Ivanhoe Mines (IVN-T, IVN-N, IVN-Q), billionaire founder and chief executive Robert Friedland has resigned from the company along with five other members of the…


SouthGobi warns of a possible suspension of activities

Just two weeks after the Aluminum Corporation of China announced that it intended to make a proportional takeover bid for up to 60% of SouthGobi Resources’ (SGQ-T) issued and outstanding shares, and Ivanhoe Mines (IVN-T, IVN-N, IVN-Q)…



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