China Molybdenum Co. (HKG:3993), the country’s largest producer of the element by output, plans to launch an initial public offering in Shanghai, which may raise around 3.65 billion yuan (US$579 million), to fund its new alloy project and boost output, according to a statement to the China Securities Regulatory Commission (CSRC).

The company proposing to build a huge iron ore mine in northern Wisconsin has taken steps to withdraw from the project, the Duluth News Tribune reported on Monday night.

Australian ports lying in the path of cylone Lua are resuming operations after the category four storm raced across the northwest coast of Australia over the weekend.

An Indian government task force comprising representatives of steel, mines, forest and environment ministries was working on modalities for levy of a Forest Development Tax (FDT) on minerals mined from forested regions.

London copper edged higher for a second straight session on Tuesday after an orderly auction of Greek default insurance eased concerns about Greece's threat to the euro zone and eroded safe-haven support for the dollar.

The global demand for iron ore will double over the next 18 years driven primarily by China's and India's appetite for steelmaking.

TSX- and JSE-listed Rockwell Diamonds on Monday reported the successful completion of “robust” negotiations with black economic-empowerment (BEE) partner Africa Vanguard Resources (AVR) following a restructuring of the deal.

Peru's gold production reached 6-month highs on gains by Newmont Mining, one of the country's top miners, Bloomberg reports.

More trouble is looming on the horizon for First Quantum Minerals and other companies operating in Zambia.