ASIA

STIMULUS PLAN BOOST

China steel output running at record for year

Thursday , 02 Jul 2009
Chinese steel output is booming and June final figures could be close to an all-time record.
10.8 G/T

Gold miner Medusa raises resource to 1.38 million oz

Wednesday , 01 Jul 2009
Philippines gold miner Medusa Mining hs increased its JORC-compliant indicated gold resource to 1.38 million ounces at 10.8 g/t
HALF YEAR BASIS?

China may be softening stance in iron ore contract price negotiations

Wednesday , 01 Jul 2009
Chinese steel mills may be softening their demands on new iron ore contract prices with the major mining companies in an attempt to salvage the annual contract pricing system
NO FIRM DEALS

Friedland's Ivanhoe in talks with Chinalco on co-operation

Friday , 26 Jun 2009
A recent courtesy meeting between the chief executives of Ivanhoe Mines and Chinalco has raised the prospect of the two compnaies co-operating on a major mining venture
FEASIBILITY STUDY

Xstrata studying $5.2bn Tampakan copper/gold project

Friday , 26 Jun 2009
Xstrata Copper has confirmed it will conduct a study into the viability of the giant Tampakan copper/gold project in the Philippines.
STRICTLY PRIVATE AND CONFIDENTIAL

Dear Mark & Cynthia

Wednesday , 24 Jun 2009
Xstrata's confidential letter to the board of Anglo American Plc.
WIGGLE FACTOR

China needs to put up or shut up on iron ore price

Wednesday , 24 Jun 2009
China's steel companies need to reach agreement on this year's iron ore price contracts or revert to spot markets.
$2BN COMMITMENT

BHP ends dispute with Asiaticus over Philippines nickel mine development

Monday , 22 Jun 2009
BHP and Philippine company Asiaticus, which have been in a legal tussle since last year over slow development of the Pujada nickel project, have agreed to end their dispute.
MAY NOT BE SUSTAINED

Late spurt in Indian wedding season gold demand

Friday , 19 Jun 2009
A last minute spurt has been seen in demand for gold in India, the world's No.1 consumer, as the wedding season draws to a close.
MONOPOLISTIC IMPACT

Rio/BHP iron ore deal raises more Chinese monopoly concerns

Wednesday , 17 Jun 2009
Chinese officials suggest that the proposed Rio/BHP iron ore jv should be subject to Chinese anti-monopoly legislation as the steel industry worries about potential price impacts.
Mining, metals and mining, coal, coal mining

Indonesian coal mine explosion kills one, traps 30

Tuesday , 16 Jun 2009
An explosion at a coal mine in Indoesai has killed one person and rescuers were trying to reach at least 30 miners feared trapped.
SHARES HIT

Centerra Gold's Mongolian gold mine license suspended

Friday , 12 Jun 2009
Centerra's Boroo gold mine operating licenses have been suspended for up 3 months because of alleged issues with its operation and if the issues are not resolved the licenses could be revoked.
LOW CONSUMPTION SEASON

Sharp fall in China copper prices as inventories surge

Monday , 08 Jun 2009
With Shanghai copper inventories rising 51% in the past week, prices took a major tumble today as investors worried about excess supplies.
BOARDROOM TALK

Harmony Gold's hidden secret

Friday , 05 Jun 2009
Boardroom Talk focuses on the secret everyone knew about but turned a blind eye until illegal gold miners died.
CONTRACT PRICING DEADLOCK

BHP suggesting index linked pricing system for iron ore with Chinese mills

Thursday , 04 Jun 2009
With the Chinese steel producers looking for bigger cuts in iron ore price than those negotiated by Rio Tinto with Japan and Korea, BHP is reported to be looking at index pricing options.
BACK TO 2007 LEVELS

Unspecified new proposals from Chinese mills on iron ore pricing

Tuesday , 02 Jun 2009
Chinese steel mills will offer new proposal in iron ore price talks, but are still looking for a return to 2007 price structures.
WHAT IS IN STORE

Scenarios of what could happen after Japan iron ore deal

Tuesday , 26 May 2009
There is potential for a paradigm shift beyond last year's watershed with two benchmarks set by two suppliers. They are not only talking about moving the goalposts, they may change the shape of the ball.
OIL STAYS OVER $60

Gold continues its rise on weak dollar and short covering

Thursday , 21 May 2009
The gold price is continuing its recent rise as the US dollar continues to dip, while traders scuttle to cover short positions.
LME STOCKS DOWN

China copper price recovers - up by daily limit

Tuesday , 19 May 2009
The Shanghai copper price rose today by its daily limit as markets rose on increased investor confidence but some analysts fear rally could be shortlived as fundamentals remain weak.
COST PRESSURES

Half of Chinese iron ore mines may have shut - Rio Tinto

Monday , 18 May 2009
Speaking at a Hong Kong conference, a senior Rio Tinto executive said that iron ore imports into China are displacing displacing domestic production.
ANALYSIS

U.S. copper imports should remain strong throughout year

Thursday , 14 May 2009
The uptrend in U.S. copper imports expected to continue in the coming months. Analysts see it as a good sign for the economy.
RESOURCE ESTIMATE

Platinum Australia increases resource view at Vela deposit at Kalplats

Monday , 11 May 2009
Platinum Australia said the estimate included 172 holes drilled in 2007 and 2008, which had not been included in the prior resource estimates.
INTERVIEW

China fears disastrous steel oversupply

Wednesday , 06 May 2009
Fearing a potentially disastrous oversupply, Chinese steelmakers are seeking a 40% reduction in benchmark iron ore prices.
MAY PROVE TOOTHLESS

China wants to close outmoded small copper, lead, zinc, aluminium, steel and oil plants

Monday , 04 May 2009
China's National Development and Reform Commission wants to shut down some of the country's smaller and more inefficient base metals, steel and oil production plants.
REVISED DESIGN

Leyshon reduces capex requirement at Zheng Guang gold project by almost 20%

Friday , 01 May 2009
Leyshon Resources has announced significantly reduced capital requirements for the Zheng Guang gold project in China from the original US$59 million to US$48 million.
OPERATIONAL IMPROVEMENTS

Cash rich Avocet Mining reports increased quarterly gold output

Monday , 27 Apr 2009
Avocet's Q4 gold production at 27,374 oz was up 2% on previous quarter, but overall YOY production fell and costs rose sharply
DISINCENTIVE TO FOREIGN INVESTMENT

Indonesian mining rules should be revised - Industry officials

Monday , 27 Apr 2009
Indonesia's rules on foreign divestment of mining projects must be revised if Southeast Asia's biggest economy is to attract new investment in the sector.
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TOP STORIES

WORLD'S TOP 100 MINERS

Beyond Xstrata and Anglo American

Thursday , 02 Jul 2009
With Chinese and Indian stock markets around 12-month highs, the two-tier global mining market gains more divide; 74 of the world's Top 100 mining companies may now be classified under the "developing country" heading.
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