Asia Top Stories

Singapore prosecutors say trader took $360 million in metal scam

A Singapore businessman is accused of leading investors in Envy Group to believe they could profit from physical nickel trades.

Bloomberg News | November 27, 2024 | 9:29 am

Mining CEO salaries rise, but gender diversity remains elusive, report finds

Chief executive base salaries in the mining industry increased between…

Henry Lazenby - The Northern Miner | November 27, 2024 | 7:17 am

China’s seaborne coal imports fall sharply amid shift to Russia, Mongolia supply

China has seen its market share of seaborne coal imports…

Staff Writer | November 26, 2024 | 10:25 am

Diamond miners face turning point amid weak prices — report

McKinsey & Co. consultants say current downturn presents significant challenges,…

Cecilia Jamasmie | November 26, 2024 | 9:23 am

Saudi Arabia secures $9 billion in new mining deals

Investment agreement is one of nine metals and mining deals,…

Cecilia Jamasmie | November 26, 2024 | 3:51 am

Indian government to sell 2.5% stake in Hindustan Zinc for $634m

The Indian government currently holds a 29.54% stake in the company.

Reuters | November 5, 2024 | 6:52 am

Japanese scientists use AI to boost sodium-ion battery density

The team from Tokyo University of Science have leveraged AI to develop high-efficiency sodium-ion batteries.

Staff Writer | November 5, 2024 | 3:58 am

Column: Demand weakness helps cushion tin from supply problems

Tin demand last year was weaker than expected and is on course for only a modest recovery in 2024, according to the International Tin Association.

Reuters | November 4, 2024 | 1:55 pm

Entrée Resources surges on copper assays from Oyu Tolgoi JV

The new drill results comprise eight of the 33 drill holes completed by Rio Tinto's Oyu Tolgoi LLC during the 2023 program.

Staff Writer | November 4, 2024 | 10:54 am

Inomin, Sumitomo partner on British Columbia nickel project

Sumitomo will have the right to earn up to an 80% interest in the project by spending at least C$8 million on exploration.

Staff Writer | November 4, 2024 | 8:14 am

How one of the tiniest oil markets cost Trafigura over $1 billion

Last week, the company admitted it faces a loss in Mongolia of up to $1.1 billion, linked in part to suspected fraud by its own employees.

Bloomberg News | November 3, 2024 | 9:10 am

Freeport probed by SEC over quake risk at Indonesia copper plant

Officials are investigating if the miner failed to disclose the threats that an earthquake could pose to its new copper smelter complex.

Bloomberg News | October 31, 2024 | 7:08 am

Sumitomo resumes production at Madagascar’s nickel project

Sumitomo has been struggling to stabilise production and improve profitability at the Madagascar project, which launched in 2005.

Reuters | October 30, 2024 | 11:59 pm

India’s gold demand to hit four-year low amid price rally, WGC says

Record-high prices are seen denting purchases during the peak festival season in the December quarter.

Reuters | October 30, 2024 | 8:39 am

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