Weiping Xiong, the general manager of Aluminum Corporation of China (CHALCO), said that the company will continue to explore investment opportunities in Mongolia's natural resources sector.
Anglo Pacific Group PLC announced that the proposed changes to royalty rates, which were announced by the Queensland Government on September 11, 2012, are also expected to apply to the coal royalties that it receives from the Kestrel and Crinum mines.
According to a report by Fairfax Media, Lynas Corporation Limited may face more obstacles at its rare earths processing plant in Malaysia after a group of activists confirmed its commitment to obstruct the project.
Dr. Ing Joachim U. Knebel, chief science officer for Karlsruhe Institute of Technology, noted that the Lynas Advanced Materials Plant (LAMP) in Gebeng is safe as long as the company follows all guidelines.
Onexim Group, owned by billionaire Mikhail Prokhorov has confirmed through a filing to the London Stock Exchange that the company is in talks with two potential buyers to sell part or all of its stake in Polyus Gold.
Julius Malema, the ex-leader of the Youth League of South Africa's ruling party, the African National Congress (ANC), called on the government to nationalize the country's mines in a radio interview today.
Today, Newcrest Mining Limited announced that mining operations at the Ridgeway underground mine have been temporarily suspended following the failure of a section of the conveying system on September 12, 2012.
The common shares were acquired in the ordinary course of business for investment purposes only and not for the purpose of exercising control or direction over Newcrest.
