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Rio Tinto axes spending forecast by $1.5 billion

Rio, which is Australia's biggest iron ore exporter, has been a massive driver of expansions, adding millions of tonnes of seaborne supply to the market in the last year. Rio Tinto (LON:RIO) announced Tuesday fresh cuts to its spending...

Metal Tiger boosts Thai presence

Resources investor Metal Tiger has exercised its option to take 90% control of an exploration joint venture in Thailand focused on gold, antimony and copper. AIM-listed Metal Tiger agreed to an option with Southeast Asia Mining (SEAM) in October...

Philippines miner swings to profit

Owing to higher gold and silver output Philippines company Apex Mining Co. reported a sharp turnaround in its earnings for the first nine months of 2015. For the period ending September 30 consolidated net income amounted to P76.4 million,...

Deadly jade waste landslide in Myanmar

More than 100 people have died in a landslide at a remote jade mining area in northern Myanmar early on Saturday which buried about 70 huts housing artisanal miners and their families. The Hpakant area in Kachin state hosts...

Metal Tiger boosts Thai presence

Resources investor Metal Tiger has exercised its option to take 90% control of an exploration joint venture in Thailand focused on gold, antimony and copper. AIM-listed Metal Tiger agreed to an option with Southeast Asia Mining (SEAM) in October...

ASEAN Economic Community formed

South East Asian leaders have created a unified economic community in the region some 13 years after the idea was first mooted. The ASEAN Economic Community (AEC) is part of a larger ASEAN Community that aims for political, security,...

Philippines miner swings to profit

Owing to higher gold and silver output Philippines company Apex Mining Co. reported a sharp turnaround in its earnings for the first nine months of 2015. For the period ending September 30 consolidated net income amounted to P76.4 million,...

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