ASIA

GOVT. NEEDS MINING REVENUE

Mongolia drafts amendments to eliminate windfall mining tax

Monday , 19 May 2008
The Mongolian Government has reportedly drafted legislative amendments that will finally give foreign gold miners a break from one of the world’s higher mineral tax regimes.
FOREIGN MINING RULES BEING REVISED?

State-run TV show criticises foreign mining investment in China

Monday , 12 May 2008
A show on state-run Chinese TV sharply criticised foreign investment in the country’s mining industry – notably in gold.
DIVERSIFYING SUPPLY SOURCES

2600 tonne uranium deal between South Korea and Uzbekistan

Monday , 12 May 2008
Korean report says that a state power company has signed a deal for supply of 2,600 tonnes of U308 from Uzbekistan between 2010 and 2016
SHORT COVERING

Lower silver price sees Indian demand pick up but traders looking for further falls

Friday , 02 May 2008
Although recent price falls have seen a pick up in silver demand in India traders say that it may take an even bigger dip to really regenerate buying activity
RATE CUT OUTLOOK UNCLEAR

Gold up from 3-month low on Fed and weaker dollar

Thursday , 01 May 2008
The US Fed’s small interest rate cut caused a brief recovery in the gold price as dollar appeared weaker against major currencies.
TC/RC CHARGES SLUMP

Low copper refining fees could boost Chinese imports in 2H 2008

Wednesday , 30 Apr 2008
Tight copper ore supplies are forcing smelters to cut TC/RCs to uneconomic levels, which could lead to a shortage of refined metal and higher prices by the second half of 2008.
MORE MEDICAL USES FOR SILVER

HK researchers prove silver nano-particles can battle hepatitis B virus

Tuesday , 29 Apr 2008
Hong Kong University researchers said Monday they believe that silver may hold a solution to one of China’s worst health concerns, the spread of hepatitis B, which can cause liver cancer and liver failure.
REDUCING CATALYST COSTS

Silver could be low-cost substitute for platinum in autocatalysts

Thursday , 24 Apr 2008
If Mitsui Mining & Smelting new technology is proven effective, silver, not palladium, may prove to be the most cost-effective substitute for platinum in autocatalysts.
CHINA RAILWAY GROUP INVESTMENT

Chinese to fund massive DRC copper-cobalt project

Wednesday , 23 Apr 2008
Chinese groups are to take 68 percent, and provide most of the funding, forf a so far unidentified large copper-cobalt mine project in the DRC which is estimated to cost $2.9 billion to develop.
OVERALL BULL TREND

Indian demand keeping gold markets alive

Tuesday , 15 Apr 2008
Despite volatile price movements, Indian demand during the wedding season is keeping gold markets alive, although demand has suffered in other parts of Asia.
NO CHANGE TO EXISTING CONTRACTS

Indonesia to limit size of mining and exploration concessions

Monday , 14 Apr 2008
A draft bill to limit an individual company's mining and exploration concession size is expected to be passed through the Indonesian legislature by August.
VIGOROUS EXPANSION

Another Chinese state company looking for base metals projects overseas

Monday , 14 Apr 2008
State-owned China Nonferrous Metal Industry is planning to continue expanding overseas with controlling or minority stakes in base metals mining and metallurgical ventures.
$10.4B IN POSSIBLE MINING INVESTMENT

Five-fold production increase forecast for Philippines mining sector

Monday , 14 Apr 2008
Philippine mine production of metals and minerals will grow five-fold by 2011 with base and precious metals leading the way.
CHINA UNDERWRITING RESOURCE SECTOR

Chinese 9 percent plus stake in BHP Billiton suggested

Wednesday , 09 Apr 2008
Reports from Sydney and London suggest that a Chinese company, or consortium, may be looking to purchase a significant stake in BHP Billiton
NATIONAL GEOLOGICAL SURVEYING AND PROSPECTING PLAN

Chinese Ministry plan calls for discovery of 200 large copper, coal and iron ore mines

Friday , 04 Apr 2008
China’s government is pushing to find substantial oil and minerals reserves by 2010 to replace aging operations which will be exhausted within the next five to 10 years.
HEALTHY DEMAND

Confidence returns to base metals after holiday – copper, zinc and aluminium rise

Tuesday , 25 Mar 2008
Some confidence returned to base metals markets as the 4-day European holiday ended with prices moving higher.
DOMESTIC FUTURES TRADING

Regulators take China's domestic gold futures to the bank

Tuesday , 25 Mar 2008
The capital backing by China’s commercial banks, who may be allowed to sell futures, could provide the boost the nation’s fledging gold futures market needs.
OPPORTUNITIES FOR CO-OPERATION

Rio Tinto looking to mining partnerships with Chinese companies

Sunday , 23 Mar 2008
Rio CEO Tom Albanese says he has a personal interest in pursuing jv mining opportunities with Chinese state-owned enterprises
INVESTMENT PLEA

Africa wants India to invest in the continent's mining industry

Saturday , 22 Mar 2008
Africa and India have been doing business for centuries and now African countries are courting the Asian giant to diversify its investment portfolios to mining where it has to compete with another Asian giant, China.
UNPRECEDENTED ACTIVITY

Return to gold by Eastern jewellery markets means price may have bottomed

Saturday , 22 Mar 2008
Eastern demand for gold from the jewellery sector seems to have returned in a big way after some strong resistance to the high gold price seen earlier this month and this could suggest the current sharp reversal may have reached its nadir.
INTRODUCED TO PARLIAMENT

New Indian mining policy hopes to attract foreign and domestic investment

Thursday , 20 Mar 2008
A new policy which the Indian Government hopes will attract new mining investment has been presented to Parliament for approval.
STRANDED CARGOES

China denies curbing spot iron ore imports

Thursday , 20 Mar 2008
Reports that the Chinese are delaying or halting spot imports of iron ore have been denied by the country’s Iron and Steel Association.
INVESTMENT OFFTAKE TOO

Jewellers rush to buy gold as price plunges

Thursday , 20 Mar 2008
The big fall in the gold price is seeing jewellers and investors rushing back into the market as the price falls are seen as perhaps a temporary phenomenon
PRECIOUS METALS ALL DOWN

Gold price continues to dive on broad-based sell-off

Thursday , 20 Mar 2008
Precious metals prices continued their sharp fall-off with some dealers predicting gold down to $900 an ounce if funds continue to offload the metal.
CASH MOUNTAIN DIVERSIFICATION

Chinese M&A deals in financial sector fare poorly, but mining deals going better

Tuesday , 18 Mar 2008
As China moves to diversify its huge cash holdings into foreign assets, most deals into the western financial sector have fared poorly, but mining deals may be working better.
LONG AWAITED APPROVALS

Archipelago gets its Toka Tindung gold mine license

Monday , 17 Mar 2008
Archipelago Resources has received Indonesian government go-ahead to continue construction on its Toka Tindung gold project in Sulawesi after long delays.
PROVINCES WILL ALSO LICENSE

New Chinese law will regulate geologists, prospectors

Tuesday , 11 Mar 2008
A new law aimed at promoting the licensing of geologists and prospectors in China comes complete with criminal penalties.
INVESTOR HUB: Gold / Copper

   

TOP STORIES

PRICE PEAK UNLIKELY SOON

Cheap coal fast becoming history

Tuesday , 20 May 2008
Coal prices are unlikely to peak anytime soon as harsh weather conditions and infrastructure constraints in coal-producing regions continue to severely affect supplies.
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$10 BILLION INVESTMENT IN INDONESIA

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IRON ORE & STEEL

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GROWING DEMAND FROM CARMAKERS

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TOO PRICEY

Platinum jewellery loses shine in China 

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