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…
Asia
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.
Who Is In Prison? Yes, That’s Right.
The always-tense, annual iron ore pricing negotiations between Western producers and Chinese consumers got ratcheted up to a full-blown diplomatic crisis between the Chinese and Australian governments…
Silvercorp Nearly Triples GC Resource
VANCOUVER — As Silvercorp Metals (SVM-T, SVM-X) boosts silver resources by 250% at its GC project in China, a company spokesperson says plans to advance GC to production remain on track.
Mongolian government stalls uranium development
The Mongolian government has extended the suspension of uranium licences for Khan Resources (KRI-T) and Western Pro…