Australia's Intrepid Mining (ASX:IAU) has seen its share price plunge after being summarily booted from a key copper project in Indonesia by powerful local business interests.
Two employees of India’s Jindal Steel and Power were arrested on Friday and equipment confiscated in Bolivia, after the company abandoned its $2.1 billion El-Mutun iron ore project five days ago.
The cost of building China's CITIC Pacific’s first iron ore mine in Australia, Beijing’s largest investment in the Aussie mining sector, has increased to a shocking $8 billion.
The Chinese government has halved the number of rare earth mining rights in the country pulling 65 permits in all, according to a report by ChinaDaily USA.
A UK Labour MP has moved an “early day motion” in the House of Commons seeking a debate on mining in the Indian state of Goa, calling upon the British government to urge local authorities to address the issue as a matter of urgency.
Recent discoveries of rare earth minerals at the bottom of the Pacific Ocean could break China's existing stranglehold on supply of the key raw materials.
Investor fears about mining stocks are misplaced especially if those companies are mining in Mongolia. The country home to the largest copper deposit and this Gold Report explains why there is potential for dozens more similar finds.
The Democratic Party which campaigned on sharing more of the spoils of mining with Mongolian citizens won the majority of seats while the junior partner in the new ruling coalition, the MPRP – led by a former president Nambaryn Enkhbayar – bases its whole doctrine on taking back foreign-owned mines.