Keyword: "asia"

Mining News Pro - Australian Potash has inked an agreement with Mitsui & Co to supply 30,000 tonnes a year of K-Brite sulphate of potash (SOP) from the Lake Wells SOP project in Western Australia.

Mining News Pro - New data by the International Gas Union (IGU) has shown that Australia’s average natural gas prices remain among the lowest in Asia.

Mining News Pro - Central Asia Metals (CAML), which produces base metals essential for modern living, has commissioned independent consultants to conduct feasibility studies on the potential of building a renewable energy plant at its Kounrad operation, in Kazakhstan.

Mining News Pro - Aim-listed Anglo Asian Mining has made a further shipment of gold doré bars containing 4 688 oz of gold to MKS Finance, in Switzerland, by way of air-charter

Mining News Pro - Nickel Asia Corp, the Philippines’ largest nickel ore miner and exporter, said on Monday its two units in Surigao del Norte province will resume ore shipments as the local government has allowed mining operations to resume after a suspension to curb the potential spread of the coronavirus.

Mining News Pro - Global diversified miner Eurasian Resources Group (ERG) CEO Benedikt Sobotka and first deputy CEO Aldiyar Kaztayev have offered to take a 30% cut in their salaries for 12 months, owing to the unprecedented challenges that the world is facing as a result of Covid-19.

Mining News Pro - Due to falling exchange rates against Dollar in Southeast Asia and recession of the steel markets, steelmaking companies are trying to keep scrap inventory down in order to control the cost of raw materials.

Mining News Pro - Imported Scrap offers to South Asia have been moved down considerably over the span of last one week, with the conclusion of several bulk cargoes to Bangladesh as well as Pakistan, pulling the tradable price level further low. Continuation of the severe container shortage has resulted in limited offers in containers from global suppliers, while high freight charges have made buyers cautious for fresh bookings.

Mining News Pro - In January 2018, Kinross Gold Corp launched the ‘Innovation Opportunity Fund’ for employees to submit innovative ideas to improve the mining group’s global operations by sharing best practices and promoting continuous improvement.

Mining News Pro - For the consecutive week, the billet import offers in the SE Asian region remained stable.

Mining News Pro - This week, SE Asia’s billet import market was reported trade silent for the consecutive week amid New Year Holidays with few major suppliers remaining out of market.

Mining News Pro - Rising geopolitical tensions and pressures to the global economy will continue to evoke volatility in commodity markets, heightening risks to metal demand and prices, Fitch Solutions’ newest report on key Asia mining themes finds.

Mining News Pro - This week, SE Asia’s billet import prices observed increase. SteelMint didn’t witness any deal across the region. However, billet import offers in the region have marginally gone up by USD 5/MT.

Mining News Pro - The Asian mining landscape will continue to benefit from the availability of high-grade resources and low labour costs, but key countries with grapple with Policy uncertainty, resource nationalism and environmental protection, Fitch Solutions analysts warn.

Mining News Pro - Rapaport has published a report stating that the escalation of the US-China trade war, the protests in Hong Kong, and the depreciation of the yuan, paired with dealers taking their summer vacations, greatly impacted the diamond market in August.

Mining News Pro - Eurasian Resources Group Sarl, the mining firm backed by the Kazakhstan government, is exploring options for assets in the Democratic Republic of Congo including a potential sale, according to people with knowledge of the matter.

Mining News Pro - Formosa Ha Tinh Corporation (FHS), Vietnam’s largest steel manufacturer of the country has revealed the billet export offers today for shipments scheduled by July.

Mining News Pro - Containerized scrap trades to South Asia remained limited on account of low demand and to have more clarity after the recent price hike in the global market.

Mining News Pro - Kyrgyz gold producer Chaarat (AIM:CGH) and Turkish mining and mine construction contractor Çiftay İnsaat Tahhüt ve Ticaret signed today a binding term sheet to enter into a joint venture with the idea of collaborating on the Tulkubash and Kyzyltash projects in the Kyrgyz Republic.

Mining News Pro - While gold miners have been making substantial profits in recent quarters thanks to rising gold prices and better operational and financial discipline, they continue to seek new ounces via the drill bit to fill their production pipeline. A look at eight majors and juniors exploring for gold worldwide.

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