MINING.COM

Melting Arctic is nothing but good news for the mining industry: Lloyd’s/Chatham House

The melting ice cap in the Arctic sea could open up access to immense mineral reserves, attracting billions of dollars in investment, but also bringing with it unique risks and challenges, says Lloyd’s/Chatham House latest Risk Insight report.

Cecilia Jamasmie | April 13, 2012 | 12:36 pm

Minerals Council of Australia restarts anti tax ad campaign

The Minerals Council of Australia (MCA) resumed today an ad campaign initially launched in July last year, attacking alleged hikes on the federal government's mining and carbon taxes.

Cecilia Jamasmie | April 13, 2012 | 10:53 am

Indonesia not only wants to own foreign mining co’s, now it will impose higher taxes on them too

Indonesia wants to have its mining cake and eat it too, as the country, one of the world's largest exporters of copper and coal, will speed up a tax on mining exports, the industry minister Mohamad S. Hidayat told Reuters today.

Cecilia Jamasmie | April 12, 2012 | 2:50 pm

Lynas wins a battle, but war with Malaysians who oppose rare earth plant goes on

In what could be considered a slight victory for embattled Australian rare earths miner Lynas Corporation (ASX:LYC), the Malaysian High Court ruled today against a request to review a recent decision to grant the Lynas a temporary licence (TOL) for its processing plant.

Cecilia Jamasmie | April 12, 2012 | 12:35 pm

Look ma, no rare earths

Hitachi has built an 11-kilowatt motor that uses no rare earth materials. The motor took four years to develop, and commercial production is expected in two years.

Michael Allan McCrae | April 11, 2012 | 7:40 pm

1/2-million ounce gold reserve confirmed at Tembang, Sumatra

Sumatra Copper & Gold has released a new reserve estimate for its Tembang gold-silver project in southern Sumatra, Indonesia.

Andrew Topf | April 11, 2012 | 7:05 pm

Massive quake in Indonesia triggers tsunami alert

An undersea 8.6 earthquake struck Indonesia this morning at 04:38 ET, announced the U.S. Geological survey (USGS). The movement, which triggered a tsunami alert across the Indian Ocean, has forced all mining companies in Indonesia to halt their operations until further notice.

Cecilia Jamasmie | April 11, 2012 | 9:51 am

A worry for Caterpillar: plunging Chinese excavator sales

Caterpillar has gotten a lot of juice out of overseas sales, and China’s been a growing market for the company. So anything undermining that is a concern for investors.

Wall Street Journal Online | April 10, 2012 | 7:49 pm

‘Chinese imports of gold can only be described as massive right now’: Von Greyz

Egon von Greyerz told King World News that gold imports in China have ramped up considerably due to concerns about the world […]

Michael Allan McCrae | April 10, 2012 | 6:09 pm

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Last

Gold imports by India are said to have plunged for fourth month

Biggest miner says China’s shift to quality iron-ore will hold

Indonesia sees coal output flat in 2019 amid equipment shortage

China’s iron ore rises on renewed steel output; 2nd day of foreign trade

Qatar steps in to buy Rosneft stake after China deal collapses

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