Asia Top Stories

Anglo American to end investment in deep sea mining company Nautilus

Anglo has a 4 per cent stake in Toronto-listed Nautilus.

China opens iron ore market to the world in pricing, image push

China to allow foreign investors in iron ore futures from…

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Maharaja’s family demands return of diamond

The descendants of the last Maharaja of the Sikh Empire, who was forced to hand over the Koh-i-noor diamond to Queen Victoria, launched a court action Monday for his body and possessions to be returned to India.

Thousands marched against cyanide use in gold mining

Over 10,000 of environmentalists took the streets of Raub, in the Malaysian state of Pahang on Sunday, to oppose the use of cyanide at the nearby Bukit Koman gold mine, which they claim has been using the chemical compound to the detriment of their health.

Why has gold lost its shine?

Is the great gold rush over? The price of the precious metal has soared over the last decade, jumping from below $300 (£189) in 2001 to peak at $1,920 (£1,211) in September 2011. But, since then, it has fallen to around $1,660 (£1,047) defying predictions – and the hopes of speculators – that it would continue to hit new peaks during the ongoing financial turmoil.

Athabasca confirms oil sands venture

Athabasca Oil Corp. (TSX:ATH) confirmed Friday that it is in the preliminary stages of establishing a joint venture for two of its Alberta oil sands assets, but it declined to identify its partner.