Page 39 - Min News Today

Namibia is considering taking minority stakes in mining and petroleum producers to reap more value from its mineral wealth, the African country's mining minister told lawmakers, Bloomberg News reported on Tuesday.

Asia's imports of seaborne thermal coal surged to the highest on record in May as cheaper prices tempted buyers in the region's developing economies.

Mining giant Glencore Plc plans to invest $1.5 billion on an expansion project at its Antapaccay mine in Peru, up from $590 million announced previously, a company executive said, in a bid to unlock the stalled plan key to maintaining copper output.

Australia-listed Vulcan Energy Resources Ltd signed an agreement with Stellantis NV on Wednesday, aiming to decarbonise the energy supply for the automaker's European operations.

The battle between two of Australia’s richest men for control of bankrupt renewables startup Sun Cable has ended in a whimper. On Friday Mike Cannon-Brookes, co-chief of technology company Atlassian, won the auction for the firm via his Grok Ventures fund, bidding less than A$100 million ($65 million) per an estimate by the Australian Financial Review . Surprisingly absent from the final bout was Squadron Energy, one of Fortescue Metals founder Andrew Forrest’s investment companies. Both wer...

The Tokyo-based body is funding the regime's tourism and investment initiatives and legitimizing military rule, according to Justice For Myanmar.

One of Hong Kong's biggest democratic parties said it would disband after a vote by its party members, dealing another blow to the city's already beleaguered democratic opposition.

Thailand's new government must continue engaging with insurgents in the country's south to ensure peace, a top Thai official involved in the talks said on Friday.

India’s electricity transmission network supplied a near-record amount of power in April but the system was much more stable than the year before thanks to lower temperatures and the return of some gas-fired generation.

India's steel consumption is expected to grow by 7.5% during the current fiscal year to March 2024, boosted by rising demand from the domestic construction, railways and capital goods sectors, a leading industry body said on Friday.