Thailand’s exit from gold to worsen regional underperformance

Having trouble viewing this email?  View online Asia News Digest Friday 12 October 2018 Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America Thailand's exit from gold to worsen regional underperformance Since shutting down of all gold mining and exploration activities in 2016, the country has been losing both tax revenue and investors, a new report shows. read » Global coal mining industry sees compound annual growth The global coal mining market is growing, with a CAGR of close to 2% from 2018-2022. read » Lynas presses Malaysian authorities to explain plant review status The newly-elected coalition government is said to be ready to launch a three-month evaluation of Lynas' rare earths processing plant, which may end with authorities denying the company's operating license renewal in Sep. 2019. read » Komatsu to build $285m headquarters in Milwaukee The planned campus would include about 170,000 square feet of office space, a 20,000-square-foot museum and training building, and 410,000 square feet of manufacturing space read » Freeport, Rio formally yield control of giant Grasberg mine to Indonesia Agreements give a majority stake in the giant Grasberg copper and gold mine to a local state-owned firm, becoming the country's biggest divestment by a foreign resources company. read » Lynas shares collapse on rumours of review in Malaysia Malaysian media reported the newly-elected coalition government will shortly begin a three month evaluation of the company's rare earths processing operations in the province of Kuantan. read » Copper nanoparticle ink is a thing and scientist want to use it for printing Copper nanoparticle ink can be used to print cheaper electronic circuits. read » Mitsubishi, Sumitomo said to be after Teck's Quebrada Blanca mine Other companies interested in partnering with Teck include Freeport-McMoRan, China's Aluminum Corp of China (Chinalco) and Canada's base metals miner Lundin Mining. read » Logistics woes drive Indian mills to buy iron ore overseas Steel mills in India are increasingly tapping the global market for iron ore as they find it difficult to transport the key raw material from local mines read » Freeport CEO open to all options, even sale, after Grasberg Richard Adkerson says any strategic move is now possible, including acquisitions, partnerships, or even a sale of the entire company. read » War on coal is heating up, but China is still the key The IPCC report highlights that coal now has its back very much against the wall, but equally that the real power for change lies in Beijing. read » Lynas shares jump on Malaysia review comments Shares in Australian rare earths miner Lynas Corp jumped 12 percent on Friday after Malaysia's prime minister downplayed the roles of two Lynas critics. read » Asia Gold-India discounts widen; Bangladesh launches trade policy Higher domestic prices dented demand for physical gold in India, prompting dealers to offer the biggest discounts in 3-1/2 months this week. read » Glencore, Tohoku Electric set coal contract price at $109.77/T The agreed price serves as an industry benchmark for supplies of seaborne thermal coal in Asia. read » How these mats have generated $20 million since 2015 Despite Indonesia being blessed with an abundance of natural resources, there has been limited foreign investment into greenfield projects within the nation. So plentiful are Indonesia's resources, global mining companies regularly rank Indonesia highly in terms of coal and mineral prospectivity. However, one of the major roadblocks to greenfield projects in Indonesia, is accessibility. read » Eurasian Resources Group sets out vision for responsible cobalt supply at two major sustainability conferences in New York Eurasian Resources Group participated reiterated its commitment to the Global Battery Alliance, a World Economic Forum initiative to showcase how the Group will ensure a responsible cobalt supply chain for the future. read » Read more Asia news on MINING.com » Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. Suite 900, 580 Hornby Street, Vancouver, BC, Canada V6C 3B6 | +1 604 683 2037 |[email protected].Please visit cem.infomine.com for more information. Copyright InfoMine. You are receiving this email because the email address fernandoqueens@gmail.com was subscribed to the MINING.com email list "MINING.com Asia News Digest". You mayunsubscribe at any time. The information contained in “Asia News Digest” is collected from a variety of sources on a “best intentions”basis. InfoMine Inc. makes no representation or offers no warranty with respect to the adequacy of the information for any particular purpose.Any information presented in “Asia News Digest” is not a solicitation to purchase or acquire any securities.Use of this service is an acceptance of this disclaimer. Visit our web site to read ourcomplete disclaimer.