Asia Top Stories

Sumitomo Metal forecasts widening global nickel supply surplus in 2025

According to the company, a larger surplus next year will be driven by continued production expansion in Indonesia.

Reuters | October 9, 2024 | 7:12 am

Festive hopes fade for India’s gold industry after price surge

A rebound in gold prices to a record peak has…

Reuters | October 9, 2024 | 3:03 am

Video: Barrick sharpens focus on capital discipline and copper growth, CEO says – Part 1

Barrick has prioritized growth investments with shareholder returns and loan…

Northern Miner Staff | October 8, 2024 | 2:03 pm

Japan’s JX Advanced Metals files IPO application in Tokyo

The metal company, which retains a 30% stake in Caserones,…

Reuters | October 8, 2024 | 9:23 am

Hindustan Zinc aims to switch to renewable energy in five-seven years

More than 90% of the company's emissions come from thermal…

Reuters | October 8, 2024 | 9:13 am

Global mining index soars as China, US stimulus converge

The S&P/TSX Global Mining Index has gained 14% since Sept. 6 in its biggest jump this year.

Colin McClelland - The Northern Miner | September 25, 2024 | 9:59 am

US Steel confirms arbitration ruling favoring Nippon Steel’s $14.9 billion buyout

The arbitration board ruled that US Steel met the successorship clause conditions in its labor agreement with the United Steelworkers union.

Staff Writer | September 25, 2024 | 9:36 am

Indonesia launches $941 million smelter-grade alumina refinery

The production capacity of the refinery is 1 million metric tons of alumina per year.

Reuters | September 24, 2024 | 11:16 am

Miners could lose 6.4% of spending to fraud — report

Crowe's research shows implementing better fraud prevention practices could cut losses by up to 40% within 12 months.

Staff Writer | September 24, 2024 | 9:39 am

At least 38 dead in Iran coal mine blast

The accident was caused by a methane gas explosion in two blocks of a mine run by the Madanjoo company.

Reuters | September 23, 2024 | 7:54 am

Indonesia President inaugurates production of Freeport Indonesia’s copper smelter

The new $3.7 billion smelter has annual input capacity of 1.7 million metric tons of copper concentrate.

Reuters | September 23, 2024 | 7:14 am

Nippon Steel to sell $211 million in assets to manage debt amid US Steel deal

Nippon Steel plans to sell at least 30 billion yen in assets including real estate and inventories.

Reuters | September 20, 2024 | 7:33 am

US to award $3 billion to 25 projects for battery manufacturing sector

Move will increase domestic production of advanced batteries and battery materials to shift their production away from China.

Reuters | September 20, 2024 | 5:07 am

FATF asks for tighter checks on India’s precious metal deals

The South Asian nation has about 175,000 businesses in this sector, but only some 9,500 are registered.

Bloomberg News | September 19, 2024 | 8:56 am

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