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Asia
METALS STORAGE
Manufacturers turn up heat on LME over metals warehousing
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Big industrial metals users are leaning heavily on the London Metal Exchange (LME) to fix its controversial metal storage system, although they have limited alternatives to relying on the exchange's global benchmark contracts.
Firms running...
By: Reuters
24th May 2013
BASE METALS
Disruptions tighten copper supply, surplus narrows
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A series of copper mine shutdowns and supply logjams has prompted some analysts to scale down forecasts for a market surplus, but it would take more disruptions to swing the market into a deficit.
"People are making adjustments, we certainly are....
By: Reuters
24th May 2013
LEGISLATIVE ENVIRONMENT
Mongolia passes new securities law, paves way for giant mine IPO
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Mongolia's parliament finally passed a long-awaited securities law on Friday that will allow the state-owned firm mining the enormous Tavan Tolgoi coal deposit to launch a $3-billion initial public offering at home and overseas.
Khangai Altai,...
By: Reuters
24th May 2013
GOLD
Gold Fields names adviser for Kyrgyzstan project review
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JSE-, NYSE- and Nasdaq- listed Gold Fields has appointed investment banking group Jefferies International as exclusive financial adviser in the review of “potential strategic alternatives” for the Talas copper and gold project, in...
By: Natalie Greve
24th May 2013
OIL & GAS
Technical challenges, costs limit shale gas’ global impact
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Despite the resources sector’s optimism, shale gas was expected to remain a largely regional resource over the next three years, with an uncertain global impact as a result of the increased technical challenges and higher development costs of...
24th May 2013
HEALTH & SAFETY
Illegal miner dies at PT Antam mine
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An illegal miner was killed and five others were injured at ASX-listed PT Antam’s gold operation, in West Java, after one of the tunnels operated by the illegal miners collapsed.
The company said on Friday that its emergency response group,...
24th May 2013
LEGISLATIVE ENVIRONMENT
India’s tribes ready for historic verdict on mining project
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For the first time in Indian mining history, councils of villagers and tribals, known as Gram Sabhas, were readying to decide the fate of a mining project, the mega bauxite-mining project on Niyamgiri hills, in the East Indian province of Odisha....
By: Ajoy K Das
24th May 2013
PEOPLE
Glencore set to appoint Caplan as aluminium boss - source
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Trader Andrew Caplan is set to become the new head of Glencore Xstrata's aluminium division after the departure of veteran Gary Fegel, a source with direct knowledge of the situation said.
A relative newcomer by Glencore standards, Caplan joined...
By: Reuters
23rd May 2013
LEGISLATIVE ENVIRONMENT
Motlatsi proposes new migrant labour deal
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Mining union pioneer Dr James Motlatsi on Thursday proposed a new deal for South Africa's migrant mine workers.
Speaking to Mining Weekly Online in a video interview, the founding president of the National Union of Mineworkers called on the...
By: Martin Creamer
23rd May 2013
HEALTH & SAFETY
Indonesia union urges completion of probes into Freeport tunnel collapse
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All investigations into a tunnel collapse that killed 28 people at the world's No.2 copper mine, run by Freeport McMoRan Copper & Gold Inc in Indonesia, must be completed before workers return, a trade union official said on Thursday....
By: Reuters
23rd May 2013
COAL
Bathurst gets access agreement at Escarpment
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ASX-listed resources developer Bathurst Resources on Thursday announced that the company had been granted an access arrangement for its Escarpment coal project, in New Zealand, by the Minister of Conservation.
MD Hamish Bohannan said that the...
23rd May 2013
INDIA/AFGHANISTAN
India-Afghanistan mining collaboration: exuberance to reality checks
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The exuberance over India and Afghanistan collaborating in the minerals and metals industries is giving way to a reality check, as revealed during Afghan President Hamid Karzai’s three-day Indian visit, which ended on Wednesday.
Ongoing...
By: Ajoy K Das
23rd May 2013
Topics in these articles
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Asia Multimedia
Motlatsi proposes new migrant labour deal
New technology potential game changer – AngloGold
Mozambique gold project advancing – Auroch
Dynamics of mining industry changing – Auroch
AngloGold Ashanti to cut $500m costs, sell Navachab, suspend Mongbwalu
Mining doomed if ‘crazy’ pay increases continue – Nick Holland
Mining needs more regulatory certainty, efficiency, safety – Carolus
Loss-making Metmar cold-shoulders mining, returns to trading roots
Looming China/Africa head-on collision – Solomon
Motlatsi proposes new migrant labour deal 
New technology potential game changer –...
Mozambique gold project advancing – Auroch
Dynamics of mining industry changing – Auroch
AngloGold Ashanti to cut $500m costs, sell...
Mining doomed if ‘crazy’ pay increases...
Mining needs more regulatory certainty,...
Loss-making Metmar cold-shoulders mining,...
Looming China/Africa head-on collision – Solomon
Underground coal gasification has key role to play in Southern Africa
Deep-pocketed Asian investors eye gold equities
GFMS predicts new gold highs in 2010, warns on 'vulnerability'
IFC wants to get...
Moly price well...
Chinese investment in resources seen 'bolder, more prominent'
Pan African seeking govt help after 13 trespassing gold miners are found dead
Better diamond...
South Africa’s State mining company gazetting ‘concerning’ – Chamber
Underground coal gasification has key... 
Deep-pocketed Asian investors eye...
GFMS predicts new gold highs in 2010,...
IFC wants to get in early on...
Moly price well above $10/lb needed...
Chinese investment in resources seen...
Pan African seeking govt help after...
Better diamond demand possible as...
South Africa’s State mining company...
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