Almalyk MMC to increase gold output in Uzbekistan
Almalyk MMC, Almalyk Mining and Metallurgical Combine, is going to build more output facilities in order to triple its precious metals production and raise its...
Category : World
Flake graphite ore project in Inner Mongolia
The World Bank’s ‘Minerals for Climate Action’ report stated in May that demand for lithium, cobalt and graphite could climb by 450-500% by 2050 due...
Gold mining giant in Uzbekistan to be modernized in the next five years
The Government of Uzbekistan said that, in the next five years, it will modernize the country’s first mining company, Navoi Mining and Metallurgical Plant. ...
Rare Metal Mining Mongolia huge gold and copper ore bodies discovered near Oyu Tolgoi
According to a recent statement issued by the company Rare Metal Mining, they discovered large gold and copper ore bodies near Oyu Tolgoi, in Mongolia....
Rio Tinto and its subsidiary Turquoise Hill Resources-tax avoidance and golden promises
The information on avoided tax is published in a report by SOMO and Oyu Tolgoi Watch and it also shows how an abusive investment agreement...
Zijin copper production to rise because of its operations in gold-copper mine in Serbia
The Chinese group injected $350 million in the capital of Serbian copper mining and smelting company RTB Bor in December 2018, acquiring majority ownership, and...
Kyrgyz authorities scrapped a Chinese investment project after mass protests
Mass protests broke out against a planned $275mn logistics centre. Local residents have protested several times since January against the project, with the latest demonstration...
Rio Tinto to secure domestically sourced power for Oyu Tolgoi mine in Mongolia
Oyu Tolgoi is currently sourcing power from China’s Inner Mongolian Western Grid via overhead power lines, via a back-to-back power purchase agreement with National Power...
Expansion of Chinese Zidjin in Serbia
Zijin Mining, a Chinese mining company, purchases the lower zone of the Chukaru Peki Copper and Gold Reserve near Bor for $ 390 million from...
Ban on uranium and thorium exploration and mining decreed in Kyrgyzstan
Kyrgyz President Sooronbai Jeenbekov has signed a decree banning the exploration and mining of uranium and thorium deposits in Kyrgyzstan, his press service reported on...