Asia

Metals Commentary: What's behind molybdenum's dramatic price response

Source: Daily News | 2014-04-23
Molybdenum prices in Europe have risen rapidly following the World Trade Organization’s confirmation that the export duties and quotas imposed by China on molybdenum are incompatible with its WTO obligations. This report concludes a...

Uranerz Energy's Nichols Ranch starts production

Source: Daily News | 2014-04-16
Uranerz Energy (TSX: URZ; NYSE-Arca: URZ) has become the newest member of a small club of uranium producers after its first uranium mine-Nichols Ranch-received final clearance from the U.S. Nuclear Regulatory Commission and began production on...

Turquoise Hill, Rio Tinto expect a delay in Oyu Tolgoi's financing  

Source: Print Archives | 2014-04-16
Turquoise Hill Resources’ (TSX: TRQ; NYSE: TRQ) CEO Kay Priestly says “good progress continues to be made” with the Mongolian government to resolve outstanding shareholder issues at the company’s 66%-held Oyu Tolgoi...

Chinese consortium buys Las Bambas 

Source: Print Archives | 2014-04-16
A Chinese consortium led by MMG, an arm of state-owned China Minmetals Group, is buying Glencore Xstrata’s (LSE: GLEN) enormous Las Bambas copper project in Peru for US$5.85 billion in cash.

Rio Tinto struggles with iron ore, Oyu Tolgoi in first quarter

Source: Daily News | 2014-04-15
VANCOUVER — Despite setting a variety of production records during the first quarter, major Rio Tinto (NYSE: RIO; LON: RIO) is not off to the best start to 2014. The company struggled with weather issues at its iron ore operations in...

Japan approves pro-nuclear energy plan

Source: Daily News | 2014-04-11
Visibility has improved on the re-start of nuclear reactors in Japan, after the island nation’s Cabinet approved a new Energy Plan on April 10.

China loses REE dispute at WTO 

Source: Print Archives | 2014-03-26
A dispute panel at the Word Trade Organization (WTO) has reached a strong decision against the Chinese government policy of restricting exports of rare earth minerals, tungsten and molybdenum — all key ingredients in high-value, high-tech...

Alacer focuses on upside in Turkish portfolio

Source: Daily News | 2014-03-13
VANCOUVER — Following a strategic decision to sell-off its Australian portfolio for roughly US$36 million in late October, U.S.-based producer Alacer Gold (TSX: ASR; US-OTC: ALIAF) is all about Turkey. The company delivered a...

Nicaragua a priority, B2Gold says 

Source: Print Archives | 2014-03-12
With two of the company’s three operating mines in Nicaragua, B2 Gold (TSX: BTO; NYSE-MKT: BTG) is the country’s largest gold exporter and taxpayer, and one of its largest employers.

More exploration ahead for B2Gold in the Philippines  

Source: Print Archives | 2014-03-12
B2Gold (TSX: BTO; NYSE-MKT: BTG) will spend $6.2 million on exploration this year in the Philippines near its Masbate open-pit gold mine, and recent drill results suggest that the company may have a good shot at enhancing the mine’s...

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