MINING.COM

Coal expansion imperils water resources in China’s northwest

A new report released by Greenpeace claims that China's insatiable demand for coal could imperil fragile water resources in the country's vast north-western hinterland.

Marc Howe | August 15, 2012 | 12:18 am

Coal India board may approve changes in model FSA

Coal India board is likely to approve on Monday the model fuel supply agreement (FSA) to be signed with power firms, with significant changes in the penalty clause for failing to supply to them a minimum 80 per cent quantity of the total fuel contract.

The Economic Times | August 12, 2012 | 5:05 pm

China’s main gold miner posts gloomy results

Zijin Mining Group Co, China's largest gold producer by output, said Saturday that its net profits slumped 19.95 percent year-on-year in the first half of 2012 as the world's economic weakness and shrinking demand weighed on global gold prices.

Cecilia Jamasmie | August 12, 2012 | 4:35 pm

Myanmar is open for business and ready for a gold rush

Myanmar —until recently called Burma— is slowly but steadily starting to attract foreign investment, driven mainly by international resource firms eager to tap into the mineral-rich South East Asia's country.

Cecilia Jamasmie | August 11, 2012 | 12:17 pm

Analysts say dump Lynas

Analysts from Foster Stockbroking told investors to purge their shares in rare earths miner Lynas Corporation as there is no end in sight for the ongoing problems that have forced the company to halt operations in Malaysia.

Cecilia Jamasmie | August 10, 2012 | 12:25 pm

Meet China’s new rare earth mega-company

China is delivering on its promise to consolidate its mining industry with the formation of a new rare earth mega miner, the new “mega-corporation” will “team up” with rare earth producers in the provinces Shandong, Gansu and Sichuan.

MINING.COM Staff Writer | August 9, 2012 | 7:30 pm

Foreign investors are pulling money out of India’s state-controlled metals and mining firms

India's economy is growing at its slowest pace in nine years and investor confidence has also been eroded by the current government's frequent policy u-turns, corruption scandals and power blackouts.

Frik Els | August 8, 2012 | 11:02 pm

Rio Tinto banking on China rebound as profits drop 34%

Giant miner Rio Tinto is closing down its Blair Athol coal mine in Australia as the company considers whether to limit spending on new projects next year.

Cecilia Jamasmie | August 8, 2012 | 5:53 pm

Investors cheer Ivanhoe one last time

After 13 years as a listed entity Tuesday was the last hooray for IVN – a favourite of resource stock investors who enjoyed a 5% gain on the day.

Frik Els | August 7, 2012 | 10:21 pm

First

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Germany to host Europe’s first EV battery plant

Asia Gold-Buying picks up in India on low prices

Panasonic plans to halve cobalt content of car batteries in 2-3 years

Rio Tinto sells $3.5bn stake in Grasberg mine to Indonesian state miner

Experts come up with plan for protecting deep-sea life from mining

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