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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...
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....
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,...
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...
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....
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...
23rd May 2013
 
 
LEGISLATIVE ENVIRONMENT

Motlatsi proposes new migrant labour deal Video Available

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Mining union pioneer Dr James Motlatsi 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...
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....
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...
23rd May 2013
 
 
 
 
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Motlatsi proposes new migrant labour deal Video
New technology potential game changer –... Video
Mozambique gold project advancing – Auroch Video
Dynamics of mining industry changing – Auroch Video
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Mining doomed if ‘crazy’ pay increases... Video
Mining needs more regulatory certainty,... Video
Loss-making Metmar cold-shoulders mining,... Video
Looming China/Africa head-on collision – Solomon Video
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Underground coal gasification has key... Audio
Deep-pocketed Asian investors eye... Audio
GFMS predicts new gold highs in 2010,... Audio
IFC wants to get in early on... Audio
Moly price well above $10/lb needed... Audio
Chinese investment in resources seen... Audio
Pan African seeking govt help after... Audio
Better diamond demand possible as... Audio
South Africa’s State mining company... Audio