Japan’s JXTG raises profit forecast despite $1.2bn charge

Listed Nickel Asia Corp. (NAC) hit a record high in shipment volumes last year amid strong demand from China, a disclosure to the local bourse showed yesterday.

Indian officials will visit Belarus later this month to restart negotiations to buy a stake in the ex-Soviet country's state-owned potash producer after suspending contract talks with Canadian and other producers until July.

Later this month Coal India Ltd (CIL), the world's biggest coal producer, will sign an agreement with the Limpopo government in terms of which it will receive mining rights on various coal blocks in that province.

Illegal iron ore mining in the Karnataka region of India led to a 2009 ban on iron ore exported from the region.

The Philippine government on Friday ordered the shutdown of 500 small mines threatened by landslides in a southern town where a chunk of a mountain tumbled down on sleeping residents and killed at least 27 people.

Could Indian diamonds be in Rio Tinto's future? According to Daily News and Analysis, the Australian mega-miner has received approvals-in-principle from the Ministry of Mines to begin diamond mining operations in the state of Madhya Pradesh:

NumberSleuth produced a fantastic gold infographic illustrating all the major trends: how much above-ground gold (gold that has been mined) is there in all the world, and how much gold gets mined per year worldwide?

A nuclear power plant that was built in the Philippines but was never fueled up nor run is now a key attraction at a beach resort getaway.

Indian gold import data is much lower than expected, according to the Bombay Bullion Association, says Commerzbank, and this could have implications for physical prices. Commerzbank notes that the association says India imported “only” 125 tons of gold in the fourth quarter of 2011, with buyers hampered by a combination of high prices and high domestic interest rates.