MINING.COM

Force Majeure at Oyu Tolgoi mine due to border protests

Measure was taken as Chinese coal haulers continue to disrupt deliveries near the border with Mongolia, the mine's majority owner Turquoise Hill said.

Cecilia Jamasmie | January 18, 2018 | 2:59 am

Indonesia completes contract amendments with coal miners

Indonesia has now amended contracts of all 68 coal mining companies, marking victory for the government after earlier miner resistance to adopt to new terms.

Reuters | January 17, 2018 | 9:09 am

Rio’s Oyu Tolgoi mine in Mongolia hit with $155 million tax bill

Rio Tinto-controlled Turquoise Hill said the bill relates to an audit on taxes imposed and paid by the mine operator between 2013 and 2015.

Cecilia Jamasmie | January 16, 2018 | 8:43 am

These four factors will boost gold demand in 2018 — WGC

Synchronised global economic growth, shrinking central bank balance sheets, rising interest rates, insubstantial asset prices and market transparency are the trends to watch this year, the World Gold Council said.

Cecilia Jamasmie | January 16, 2018 | 6:52 am

China imported a record amount of iron ore in 2017

Hunger for high-quality iron ore from Australia and Brazil pushed Chinese imports of the steelmaking ingredient to a record high in 2017.

Andrew Topf | January 14, 2018 | 6:05 pm

Gold gains $21 in 3 days on T-bond selloff

Gold enjoyed a nice lift late last week as the yellow metal cruised to $1,337.40 at the close of trading Friday in New York.

Andrew Topf | January 14, 2018 | 5:21 pm

Indonesia sets framework for Freeport to yield control of Grasberg mine

Indonesia state-owned holding Asahan Aluminum, or Inalum, would grab a 41.64% stake in the local unit of Freeport, which increases its current ownership in it to 51%.

Cecilia Jamasmie | January 12, 2018 | 6:34 am

Indonesia hopes to finalize Freeport contract talks by June

Although divestment issues are still unresolved, Indonesia hopes to finalize contract talks with Freeport McMoRan Inc over the Grasberg copper mine by June.

Reuters | January 11, 2018 | 10:25 am

Mali mine takes B2Gold 2017 output to record high

This is the ninth consecutive year the Canadian miner achieves record annual gold production.

Cecilia Jamasmie | January 11, 2018 | 9:37 am

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Kazatomprom says CEO Pirmatov stepping down

Centerra units file motion seeking $1m a day in penalties against Kyrgyzstan govt

China eyes Afghanistan’s $1 Trillion of minerals with risky bet on Taliban

Indonesia says Fortescue, Tsingshan to invest billions in Borneo

Rio Tinto, Sumitomo to assess hydrogen plant at Yarwun refinery

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