Category: Asia

Kazatomprom Decreases Operations at Uranium Mines

JSC National Atomic Co. Kazatomprom is reducing operational activities across all of its uranium mines for an expected period of three months due to the risks posed by the coronavirus (COVID-19) pandemic. According to...

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Rusal Invests in Modernizing Smelters

RUSAL, a Russian aluminum producer, will invest RUB 5.2 billion ($86 million) this year in modernizing its Sayanogorsk and Khakas aluminum smelters. The largest projects will be carried out in the Khakas casthouse and the...

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Former Mongolian Prime Minister Faces Charges

Former Prime Minister of Mongolia Chimediin Saikhanbileg is currently facing four charges stemming from his role in negotiating a 2015 agreement with mining firm Rio Tinto for the development and foreign investment in the Oyu...

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Alamos Suspends Activities in Aegean Region

Alamos Gold Inc. reported that it has suspended all construction activities on its Kirazlı project pending the renewal of its Turkish mining concessions which expired on October 13, 2019. Although the mining concessions have not...

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India Becomes a Net Copper Importer

By Ajoy K. Das The closure of Vedanta Ltd.’s copper smelter in the southern state of Tamil Nadu has wiped off about 46% of availability of the base metal in the domestic market, turning India into a net importer of copper after...

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Liberty Sells Interest in Turkish Copper Gold Deposit

Liberty Gold Corp. has received a US$4 million nonrefundable pre-payment from Cengiz Holdings A.Ș. for the sale of its 40% interest in the Halilağa copper gold porphyry deposit, located in Biga Province, northwest Turkey. The...

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Okumura Extends the Life of the Ube Isa Quarry

Limestone has been mined from the Ube Isa quarry in Yamaguchi, Japan, since 1948. What makes this mine special, however, is that it is located in the immediate vicinity of a residential area — the nearest home is only 150 meters...

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