Asia Top Stories

Iron ore posts weekly gain as investors assess fresh Beijing stimulus

Beijing pledged on Thursday to increase its budget deficit, issue more debt and loosen monetary policy.

Reuters | December 13, 2024 | 7:23 am

Mining sector cyberattacks linked to third-party supplier access in 76% of cases – report

Growing challenges cybersecurity leaders faced in 2024 were in safeguarding…

Staff Writer | December 12, 2024 | 4:45 pm

Satellite data analysis shows copper smelting activity surged in November

Global copper smelting last month reached its highest level since…

Henry Lazenby - The Northern Miner | December 11, 2024 | 2:25 pm

Nippon Steel makes final push to win over US workers

Nippon clarified its spending plans at US mills owned by…

Bloomberg News | December 9, 2024 | 5:30 pm

Newmont cuts management jobs in major corporate restructuring

The world’s top gold mining company initiated plans to dismiss…

Bloomberg News | December 9, 2024 | 10:56 am

India’s festive gold buying spree continues, defying record price

Indian buyers of gold brushed off record high prices and made purchases for the Dhanteras and Diwali festivals starting on Tuesday.

Reuters | October 29, 2024 | 7:54 am

Trillions needed to achieve net-zero by 2050 — Wood Mackenzie

The report shows the world needs to invest $78 trillion in the next 25 years to achieve net zero and a 1.5C warming scenario.

Cecilia Jamasmie | October 29, 2024 | 6:47 am

Vale, Jinnan invest $627m in iron ore plant in Oman

Facility in the port city of Sohar will process 18 million tonnes of iron ore from 2027.

Staff Writer | October 28, 2024 | 10:05 am

Metso wins equipment order from Hindalco for precious metals refinery

This state-of-the-art refinery will be associated with the new e-waste recycling plant that Hindalco is building in Pakhajan, Gujarat.

Staff Writer | October 28, 2024 | 9:52 am

Korea Zinc attempts to fend off takeover with $1.5 billion share buyback

Korea Zinc announced Monday it has secured a 9.85% stake in the company via a tender offer that expired last week.

Reuters | October 28, 2024 | 1:48 am

Coal billionaire Tykac eyes growth in bet against ESG uptake

Pavel Tykac’s Sev.en Group has taken advantage of cheap valuations to buy up coal power stations and mines in the US, Australia and Vietnam.

Bloomberg News | October 25, 2024 | 9:20 am

Thungela CEO sees world shunning new coal as boon for existing mines

New coal investment may be drying up, but for miners like Thungela that could be a boon if Asia's ravenous appetite keeps prices bouyant.

Reuters | October 25, 2024 | 7:25 am

Anglo American copper, diamond output down in Q3, 2024 guidance unchanged

Copper will make up 60% of Anglo's business after it sells its Australian steelmaking coal assets and nickel mines in Brazil.

Reuters | October 24, 2024 | 3:56 am

Potash supply nears pre-war levels, pushing producers to cut output

Russian producers have increased shipments to China and India via new rail routes since Russia exited the Black Sea grain deal last year.

Reuters | October 23, 2024 | 8:09 am

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