China’s influence is still strong

Details

Published: Tuesday, 13 October 2015 08:34

Written by John Miller

Economic instability and uncertainty which have characterized the global economy since the financial crisis continue to cast a shadow worldwide, particularly in the mining space. While the US has recovered somewhat, the Eurozone continues to be curtailed by uncertainty and Australia has been hit hard by depressed resources prices, high cost of doing business, over-reliance on mining and lack of capital for exploration, mine development or expansion. Despite the doom and gloom, the global outlook is becoming more optimistic and there are signs that the mining industry may have hit rock bottom.

Read more ...

Mongolia is back in business

Details

Published: Friday, 03 July 2015 08:40

Written by ASIA Miner News

THE signing of the Oyu Tolgoi (OT) Underground Mine Development and Financing Plan by the Government of Mongolia, Turquoise Hill Resources and Rio Tinto is not only the best news to come from Mongolia for some time … it is a major boost to the global mining industry.

Read more ...

Philippines emerges from murky pit

Details

Published: Monday, 20 April 2015 09:07

Written by John Miller

By John Miller /Editor

THE Philippines looks set to benefit from its enormous mineral potential - it has been said countless times before in recent history but this time around appears to have some substance. Strength in the nickel sector owing to Indonesia’s ban on raw ore exports, the success of a number of gold producers and a government that is making some positive moves to attract mining investment all add up to create a bright light in a rather gloomy global mining scene.

Read more ...

Gloomy outlook for mining in 2015

Details

Published: Tuesday, 03 March 2015 10:30

Written by John Miller

In early 2015 the global mining industry is under intense pressure as falling commodity prices force all miners into cash preservation and cost cutting measures. These have resulted in mass lay-offs, write downs and projects being stalled or cancelled. Even for resource-rich countries like Australia the days of basking in the triumphs of the mining boom are well and truly over and 2015 will see more of the ‘batten down the hatches’ mindset.

Read more ...