jueves, 14 de diciembre de 2017

Mongolian Gov’t can’t nationalize Erdenet Copper Mine — court

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Asia News Digest
Friday 15 December 2017
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Erdenet, which produces 530,000 tons of ore annually, is one of Asia's biggest copper and molybdenum mines and a top tax contributor to the country's $12 billion economy.

The Indian Captive Power Producers Association denounced that most of its member companies are getting half of the coal they need from state-owned Coal India.

With a $10 million investment, the Kacharsky mine is being transformed into a smart mine.

The institution will stop all lending for oil and gas projects after 2019, with some exceptions.

China Three Gorges says this would be not only the largest but also the "most intelligent solar power project with the most advanced technology in the world."

Rio Tinto-controlled Turquoise Hill is also predicting costs to fall about 2.8%.

Forget gold, the crazy cobalt price or lithium frenzy; this Australian company is upending the sapphire (yes sapphire) market.

John Reade, Chief Market Strategist at the World Gold Council, explains several reasons to believe that gold could maintain an upward trajectory.

A sit-in by miners of ArcelorMittal's Kazakh unit widened to all of the firm's coal mines on Tuesday as hundreds of workers demanded a 100 percent wage rise.

The commerce department has sought to scrap levies and introduce a presumptive tax of 0.25 percent on diamond mining companies.

Demand for physical gold picked up in most Asian centres this week as prices fell, but drop in local rates to four-month lows failed to lure buyers in India.

Proposed three-way deal between the Indonesian government, Rio Tinto and Freeport to clean up ownership of Grasberg 'ignores the wider picture'.

The seeds of Tuesday's 4.6 percent copper slump — the sharpest in almost three years — were planted in a scarcely noted non-event earlier this month.

6 Months Thermal Coal CAPP Price
6 Months Tin Price
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