Asia’s coal mining revival doesn’t mean the energy crisis is over

Mining News Pro - A crunch on coal production from key hubs in China and India is beginning to ease, but that won’t be enough to halt Asia’s energy crisis.

Vale and Asian miner seek Brazil nod to fast-track mine projects

Mining News Pro - Mining giant Vale SA and an Asian-owned metals producer are among the first to tap a Brazilian program that aims to cut red tape and speed up mining projects in the South American nation.

Copper price loses steam as factory activity slows in Europe and Asia

Mining News Pro - The copper price fell on Wednesday as investors exercised caution ahead of a key central bank meeting in Europe that could offer more clues on its tapering decision.

Kinross unveils share buyback plan, lowers Tasiast restart costs

Mining News Pro - Canadian gold mining company Kinross on Wednesday announced announced a share buyback programme and rewarded shareholders with a quarterly dividend of $0.03 a share.

Altrad targets Asia Pacific with Valmec acquisition

Mining News Pro - French engineering company Altrad plans to take ownership of Valmec with ambitions to grow the contractor’s presence in the Asia-Pacific region following the acquisition.

Field work restarts at Tasiast South gold project

Mining News Pro - Aura Energy has restarted field work at its Tasiast South gold and base metals project in Mauritania.

QLD to grow resources exports to Korea, South Asia

Mining News Pro - The Queensland Government plans to expand the reach of its mineral exports into the Korean and South Asian markets following the appointment of new trade commissioners.

Fire at Kinross Gold’s Tasiast mine suspends milling operations

Mining News Pro - A June 15th fire at Kinross Gold’s Tasiast mine in Mauritania has shut down the mill while investigating its cause is underway.

Asian commodities-linked stocks slide as China talks prices down

Mining News Pro - Companies linked to commodities led declines in Asian stocks for a second day amid growing global concerns over inflation and rumblings by the Chinese government about climbing materials prices.

Rio Tinto freight agreement connects Pilbara with Asia

Mining News Pro - Rio Tinto will be able to ship its Western Australian iron ore directly to Singapore thanks to a new commercial freight shipping service.

Asia Metals finalises negotiations for Guerrero Gold Belt purchase proposal

Mining News Pro - Resources company Asia Broadband, through its wholly-owned subsidiary Asia Metals, has finalised negotiations with joint venture partner Qiangda Investments & Economics for the buyout mineral property and mining operations in the Guerrero Gold Belt (GGB), in Mexico.

Rio Tinto partners with Asia to decarbonise steelmaking

Mining News Pro - Rio Tinto has doubled down on its strategy to reduce carbon emissions by collaborating with Nippon Steel Corporation and China Baowu Steel Group to produce and supply low-carbon steel.

Anglo Asian blasted for statement on Nagorno-Karabakh conflict

Mining News Pro - Just hours before Azerbaijan, Armenia and Russia signed a deal to end the war over the disputed area of Nagorno-Karabakh, the Armenian National Committee UK issued a release blasting Anglo Asian Mining’s position during the conflict, which reignited back in September.

Anglo Asian blasted for statement on Nagorno-Karabakh conflict

Mining News Pro - Just hours before Azerbaijan, Armenia and Russia signed a deal to end the war over the disputed area of Nagorno-Karabakh, the Armenian National Committee UK issued a release blasting Anglo Asian Mining’s position during the conflict, which reignited back in September.

Thermal coal demand in Asia to rise

Mining News Pro - New research conducted on behalf of the Minerals Council of Australia (MCA) has noted that the demand for thermal coal imports in the Asia Pacific region will grow by more than 270-million tonnes to 2030, to reach 1.1-billion tonnes a year.

Australian Potash heads for Asia through Lake Wells offtake agreement

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.

Australian gas prices among lowest in Asia

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.

Central Asia Metals mulls renewables opportunities

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.

Anglo Asian uses chartered flight to send gold to Switzerland

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

Nickel Asia to resume ore shipment as local mining ban lifted

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.

Eurasian Resources execs take 30% pay cut in support of Covid-19 measures

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.

Scrap Export Plummets in SE Asia Market

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.

Imported Scrap Prices in Containers Fall in Recent Trades in SE Asia

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.

Kinross Tasiast Technical Services team develops new technology for blast modelling & optimisation

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.

Billet Import Prices Remain Stable for the Consecutive Week in SE Asia

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

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