Indonesian energy company Indika Energy confirmed it is selling its controlling interest in its coal mining business, Petrosea, for A$146.6 million, so it may use the raised capital to expand a new business endeavour. Read the full article from The Asia Miner.
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Canada-based Silvercorp Metals has provided an update on the construction plan and progress of its new flotation mill and tailings storage facility at the Ying Mining District in Henan Province, China. Read full article from The Asia Miner.
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Liebherr has commissioned the first PR 776 mining dozer in Indonesia at a copper and gold mine. View full article from The Asia Miner.
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In an attempt to control fast rising prices and ensure market stability, China has begun creating a centralised platform for all purchases of iron ore, reported Bloomberg. View full article from The Asia Miner.
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Corum Group has now entered the mining market of India with its new contract to supply a mechanized longwall complex to Coal India’s Bharat Coaling Coal for its Moonidih mine. Read full article from The Asia Miner.
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After being on hold for nearly two years, the MINEX Kazakhstan Mining and Exploration Forum is returning to Nur-Sultan from 6-7 April. Full article available on The Asia Miner.
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India’s Gainwell Engineering, already a part of Caterpillar’s dealer network, has signed a technology licencing agreement with Caterpillar allowing it to manufacture medium- and high-seam room and pillar (bord and pillar) to support demand domestically and beyond. Read full article from The Asia Miner.
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The Argentina Ministry of Production has reportedly confirmed plans by Chinese group Zijin Mining and its Liex division to invest $380 million in the erection of a lithium carbonate facility in the northern Catamarca province. View full article from The Asia Miner.
Read MoreChina is doubling down on its promise to maintain its foothold in rare earths, setting the first batch of its rare earth mining output quota for 2022 at 100,800 tonnes, up 20% year-on-year. Read full article from The Asia Miner.
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Organisers for Geo Connect Asia have officially moved the dates for the event from 23-24 March to 1-2 June. Read full article from The Asia Miner.
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