Asia Top Stories

Gold price slump may boost demand from India’s festive shoppers

Strong purchases during the October-December festival period, considered an auspicious time to own and wear gold, may underpin the global market.

Bloomberg News | October 11, 2023 | 10:42 am

India sets lithium mining royalty at 3% of LME prices

The government also set the royalty for niobium at 3%…

Reuters | October 11, 2023 | 7:43 am

Freeport seeks to extend permit for exporting Indonesian copper

Freeport has a temporary exemption from a nationwide ban on…

Bloomberg News | October 10, 2023 | 10:12 am

Coal industry faces 1 million job losses from global energy transition – research

Hundreds of labor-intensive mines are expected to close in the…

Reuters | October 10, 2023 | 6:01 am

Zambia to decide on new Mopani Copper Mines investor in October

Mopani bidders are Sibanye, Zijin, and IHC-linked investor, according to…

Reuters | October 10, 2023 | 5:49 am

Rio Tinto CEO makes clear that offer is final on giant copper mine

Jakob Stausholm said Rio Tinto will not make any more offers if Turquoise Hill takeover isrejected by minority shareholders

Bloomberg News | September 21, 2022 | 4:39 am

Coal deal hunters descend on Indonesia as demand peaks

Buyers all over Asia, and some from Europe, flew into Bali to hunt for any coal supply they can secure ahead of winter.

Reuters | September 20, 2022 | 8:06 am

Indonesia state mining JV may terminate $831m smelter contract

Deal between Indonesian state miners could terminate a contract to build an alumina smelter with its engineering, procurement, and construction contractor, due to lack of progress.

Reuters | September 20, 2022 | 7:49 am

Philippines’ new nickel miner completes maiden ore shipment to China

Ipilan's inaugural shipment from its mine in the western Philippine province of Palawan was sold to Guangdong Century Tsingshan Nickel Industry.

Reuters | September 20, 2022 | 7:46 am

Japan’s JOGMEC, Sojitz invest $9m in Lynas

The miner plans to invest $335 million to expand capacity at its Mt Weld mine.

Reuters | September 20, 2022 | 7:35 am

Philippine town revokes permit for Tampakan copper-gold project

Tampakan, considered the Philippines' biggest untapped copper-gold reserve, was stalled for over a decade but saw a glimpse of hope in May.

Staff Writer | September 19, 2022 | 10:01 am

Gold’s allure to dim in India as inflation, patchy rains bite

Spot gold prices globally have fallen about 9% this year and plunged to the lowest since 2020 last week.

Bloomberg News | September 18, 2022 | 7:36 pm

Indonesia’s $600 billion plan to shut coal plants struggles for support

The plan is to keep coal fired-power plants running for another decade and then completely shift away from fossil fuels over the following 20 years.

Bloomberg News | September 16, 2022 | 10:33 am

Turquoise Hill holder Pentwater ups stake, rejects Rio Tinto bid

It has increased its stake in the Canadian miner to 13.77% while rejecting again Rio Tinto’s $3.3bn offer for 49% of Turquoise Hill.

Cecilia Jamasmie | September 16, 2022 | 5:03 am

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