Greater Asia home to half of the world’s biggest mining companies

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Published: Wednesday, 23 December 2020 06:54
Written by ASIA Miner News

With Indonesia-based coal-mining company PT Bayan Resources now the world’s 40th largest-listed mining firm by market cap, the greater Asian region – including Australia and the Middle East – is currently home to almost half of the planet’s 40 biggest players, which collectively pulled in revenues of $683 billion last year, according to the an annual industry report from professional services firm PwC.

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Looming geoscientist shortage a threat to Australia’s mining future

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Published: Wednesday, 23 December 2020 06:49
Written by ASIA Miner News

Australia’s future mineral exploration and mining growth faces a brain drain over the next 10 years as up to a third of the country’s geoscientists face retirement – taking with them skillsets and knowledge potentially not being replaced by newly introduced university courses.

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PT Freeport Indonesia set to power its expansion

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Published: Wednesday, 23 December 2020 06:47
Written by ASIA Miner News

Wärtsilä Corp. has confirmed it received a contract order from PT Freeport Indonesia for a 128-megawatt power plant to provide flexible baseload power to its mine expansion project in Indonesia.

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China has impact on global iron ore market

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Published: Wednesday, 23 December 2020 05:59
Written by ASIA Miner News

There are signs of concern in China about the sustained rally in iron ore prices, according to a Reuters report. The Dalian Commodity Exchange (DCE) fired a warning shot across the bows of investors in the main domestic exchange for iron ore, reminding clients to trade rationally amid market uncertainties.

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  1. Rio Tinto, China Baowu mark 200M tonnes shipped
  2. Command Alkon acquired by Thoma Bravo
  3. Metso Outotec begins operations
  4. World Bank Group releases report on minerals for climate action

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