Category: ResourceAsia
BHP refutes accusations of bribery linked to the Beijing Olympics
Giant miner BHP Billiton (ASX:BHP) (LON: BLT)(NYSE: BHP) denied Wednesday any wrongdoing after the Australian Federal Police (AFP) and US authorities launched a probe into [...]
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Indonesia’s Pertamina partners with Thai Petrochemical on $5b project
State-owned energy company Pertamina has chosen Thailand’s PTT Global Chemical as a partner in the development of a $5 billion petrochemical facility in Indonesia, it [...]
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Coal India sets aside $6.5b to buy overseas mine assets
Coal India Ltd. (COAL), the world’s biggest producer of the fuel, has set aside 350 billion rupees ($6.5 billion) to buy and develop mines overseas over the next five years [...]
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Seabed gas extraction ‘a world first’, says Japan’s METI
In a reported world first, Japan on Tuesday extracted natural gas from methane hydrate, considered a next-generation energy source, in the Pacific seabed off Aichi [...]
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TVI Affiliate Secures $23 Million Low Interest Financing for Development of its Balabag Gold/Silver Project
TVI Pacific Inc. (TSX: TVI) (OTCQX: TVIPF) (“TVI” or the “Company”), announced today that its Philippine affiliate, TVI Resource Development (Phils.) [...]
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OceanaGold Didipio Mine Update
MELBOURNE,Australia, March 13, 2013 /CNW/ – OceanaGold Corporation (ASX: OGC), (TSX: OGC), (NZX: OGC) (the “Company”) wishes to provide a further update on [...]
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China mine accident kills 21: state media
An accident at a coal mine in southwest China killed 21 miners Tuesday, state media said, in the latest disaster to hit the country’s troubled industry. Four others [...]
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Rio Tinto slows Guinea iron ore investment – government sources
Global miner Rio Tinto has slowed progress of its multi billion investment in Guinea’s untapped Simandou iron ore deposit and slashed staff, government sources in the [...]
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Exxon starts production at Malaysian gas field
Exxon Mobil Corp. said Monday production at its Telok natural-gas field offshore Malaysia has started. The development was completed on scheduled and on budget, Exxon said in [...]
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Lundin Petroleum extends emerging oil play offshore Malaysia
Lundin Petroleum through its wholly owned subsidiary Lundin Malaysia BV announced that it has discovered oil in the Ara-1 well that was drilled in Block PM308A, offshore [...]
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Sumitomo Metal building rare earth recovery plant in Palawan
If things go according to plans, the Philippines may start producing rare earth by 2014. Sumitomo Metal Mining Co. Ltd (SMM) is building a scandium recovery plant in Palawan [...]
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Atlas paying out first dividend in 32 years
For the first time in 32 years, Atlas Consolidated Mining and Development Corp., the country’s largest copper producer, has declared a cash dividend after reporting [...]
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Archipelago Resources dazzles after first year of production
Archipelago Resources (LON:AR.) capped a storming first year of gold production from its Toka Tindung mine in Indonesia with its first ever dividends. Shareholders will get [...]
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Gold firm Archipelago hunting for deals after meeting targets
Indonesia-focused gold firm Archipelago Resources (AR.L) is on the acquisition trail in a bid to almost double its output, making it a rare bright spot amongst [...]
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Borneo Resource Investments Ltd Signs Purchase Agreement Replacing Option for Puncak Gold Property
Borneo Resource Investments Ltd. (OTCQB: BRNE), (the “Company” or “Borneo”), today announced that it signed the purchase agreement to acquire 100% [...]
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