Middle East

Freeport's Grasberg licence extension not a sure thingThe deposit was first discovered in the 1930s and Freeport McMoRan has been mining copper, silver and gold at Grasberg in remote Indonesia since the 1970s. In terms of reserves, Grasberg is...

China’s steel giants lost $11 billion in first 10 months of 2015"Grasp revolution, increase production, relentlessly strike at imperialism, revisionism and reactionaries!" (Image by chinaposters.net on Flickr) Chinese steelmakers, determined to keep their world’s leadership in the sector, have...

Adani wants opposition to its coal mine in Australia to be over by lawAdani's Carmichael project has been the focus of opposition by organizations ranging from the United Nations to green groups fighting new coal projects in the environmentally...

The Altan Nar gold project (meaning Golden Sun) it is emerging as one of the most significant gold discoveries in Mongolia in the last few years. Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company"), is pleased to report high-grade...

Hillary Clinton’s emails reveal pro deep-sea miner move after request from son-in-law U.S. leading Democratic presidential candidate, Hillary Clinton, intervened in a request from her son-in-law on behalf of a deep-sea mining firm to meet with her or other...

Freeport McMoRan is closing its Sierrita copper mine outside of Tucson, Arizona, and is considering selling minority interests in certain mining assets. Freeport-McMoRan Inc. (NYSE:FCX), the world’s largest publically traded copper producer, took a page of Anglo American’s books...

Shares in Turquoise Hill Resources (TSE,NYSE:TRQ) jumped nearly 5% in early trade on Wednesday after the company announced 2016 production and financial guidance for its Oyu Tolgoi copper-gold mine in Mongolia. By early afternoon Turquoise Hill gave up most...