Asia Top Stories

Map shows global mining “relatively unscathed” by pandemic

"It’s likely that miners will need to boost investment in local communities for some time as the full impact of covid-19 continues to play out."

Frik Els | July 22, 2020 | 12:25 pm

Perfect storm in scrap is copper’s hidden bull driver

Global scrap trade flows have dropped significantly over the past…

Reuters | July 22, 2020 | 11:32 am

Anglo Asian to tap Ireland riches with Conroy deal

Agreement to form a joint venture is its first foray…

Cecilia Jamasmie | July 21, 2020 | 10:13 am

Stuck with coal pits the world needs, but few want

BHP’s unsuccessful effort over the past year to offload the…

Bloomberg News | July 20, 2020 | 10:06 am

India, China gold retail markets reel from pandemic pain

Physical bullion remained out of favour this week among consumers…

Reuters | July 17, 2020 | 1:30 pm

Baltic Dry Index jumps most since ’09 on speculated ship shortage

London-based index rises 18 percent on a two-day roll.

Andrew Topf | September 20, 2015 | 4:24 pm

Exports can’t save US coal

US producers' share of seaborne coal market has fallen to less than 1% as strong dollar hurts miners already struggling to stay profitable says new study.

Frik Els | September 18, 2015 | 1:28 pm

Glencore to sell part of its Chile, Peru copper output

The alleged deals involve Glencore's Collahausi mine in Chile, as well as Antamina and Antapaccay copper mines in Peru.

Cecilia Jamasmie | September 17, 2015 | 2:01 am

Aussie miners press new Prime Minister for reforms

The Minerals Council of Australia asked Turnbull to use his advocacy skills and economic know-how to help the struggling mining sector.

Cecilia Jamasmie | September 16, 2015 | 9:55 am

Former Anglo CEO Cynthia Carroll is back, joins Vedanta’s unit board

Carroll, who led Anglo American from 2007 to 2013, will chair the company’s Vedanta Resources Holdings Ltd. unit and advise the group’s chairman.

Cecilia Jamasmie | September 16, 2015 | 5:00 am

Glencore to reduce debt after getting $2.5 billion in shares sale

The share sale is set to reduce the company’s net debt by a third to around $20 billion by the end of 2016.

Cecilia Jamasmie | September 16, 2015 | 2:22 am

India to auction 80 gold mines

India hopes to revive Kolar region where gold mining dates back to the 19th century and new studies estimate $3.9 billion worth can still be mined.

Frik Els | September 15, 2015 | 4:32 pm

Citigroup joins copper price bulls

Market back into deficit next year and through 2019 on supply cuts, disruptions, dirty concentrate and rising costs.

Frik Els | September 15, 2015 | 4:04 pm

In August alone India bought 6 months worth of ETF sold gold

CHART: Top gold consumer imports 140 tonnes in August, up 140% from last year and the equivalent of all gold-backed ETF redemptions since February.

Frik Els | September 15, 2015 | 1:44 pm

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