Asia

Silvercorp to update resources and reserves

Even after a KPMG forensic report in October cleared Silvercorp Metals (SVM-T, SVM-N) of anonymous allegations of accounting fraud, China’s largest primary silver producer has announced that it has retained two independent consulting firms (AMC…


China sets first tranche of 2012 REE export quotas

China has determined that its first tranche of export quotas for rare earth elements in 2012 will be 10,546 tonnes, down 27% from its first tranche of export quotas in 2011, but the China Daily reported that officials at the Ministry of…


Afghanistan gov’t pushes for mineral development

As Western powers prepare to fully withdraw their troops from Afghanistan by the end of 2014, Wahidullah Shahrani, Afganistan’s minister of mines, is preparing for a very different kind of deployment. 



Exploration staff at Intrepid Mines' Tujuh Bukit gold-copper project in Indonesia. Photo by Intrepid Mines

Intrepid Mines keeps expanding Tumpangpitu

For the third time in a little over a year, Australia-based Intrepid Mines (IAU-T, IAU-A) has added hundreds of millions of inferred tonnes at the Tujuh Bukit gold-copper project in Indonesia.



Rio wins filing, Ivanhoe stock falls

While being on the hook for half of a roughly US$6 billion mine construction is hardly small potatoes it is a bargain compared to shouldering the entire cost load alone.





Mining lease rejected for Reko Diq

London-based Antofagasta (ANTO-L, ANFGY-O) has confirmed that the government of Pakistan’s Balochistan province has rejected a mining lease application for the massive Reko Diq copper-gold project submitted by a subsidiary of its joint-venture…


An adit at NMC Resource's Moland molybdenum mine 170 km southeast of Seoul, South Korea. Photo by NMC Resource

NMC doubles resource at moly mine

South Korea-focused NMC Resource (NRC-V) has substantially increased contained resources at its high-grade Moland molybdenum mine.


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