Category: ResourceAsia
Zambia revokes Chinese coal mining licences over safety violations
Zambia announced on Wednesday that it had revoked the licences for a controversial Chinese-owned coal mine in the south of the country in response to violations of safety and [...]
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PetroChina acquires stakes in ConocoPhillips’ projects
Asia’s biggest oil producer PetroChina Co Ltd will acquire some of US ConocoPhillips’ interests in two projects in Western Australia, a move indicating its [...]
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E Timor mulls kicking Australia’s Woodside from gas project
East Timor’s petroleum and natural resources minister said on Thursday the nation may develop a multi billion dollar gas project alone, ending its involvement with [...]
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Philex Petroleum unit plans more gas drilling
A UNIT of Philex Petroleum Corp. wants to do more drilling around a natural gas field in contested waters in South China Sea despite a deepening diplomatic dispute between [...]
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Indika buys 10pct stake in Papua oil & gas block
Indonesia’s PT Indika Energy Tbk will buy a 10 percent stake in West Papua oil and gas block from Indonesian unit of French oil major Total SA, Total said on Thursday. [...]
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Bloomberg analysts state China will never reach its shale gas goals
Chris Faulkner, the CEO of Breitling Oil and Gas, a shale drilling company, said that “China’s production targets are not realistic. The only way China is going [...]
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MP calls for changes to Burma’s mining law
A leading mining entrepreneur has called for sweeping changes to investment rules in the sector for Myanmar companies, admitting that under the present system many companies [...]
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BHP appoints new CEO as industry enters era of austerity
BHP Billiton Ltd appointed the head of its non-ferrous business as its CEO to replace Marius Kloppers, the fourth global miner this year to change its top brass as the [...]
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Xstrata axing operator of loss-making Australia coal mine
Anglo-Swiss miner Xstrata said it is dropping a unit of Leighton Holdings as operator of the Collinsville coal mine in Australia, which has seen substantial losses due to [...]
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Beijing’s shale gas targets ‘unrealistic’ say experts
The mainland, consuming energy at the fastest pace among major economies, has set ambitious targets to exploit its reservoirs of shale gas. However, experts say, Beijing will [...]
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Xstrata unit wins environmental approval for $5.9b Philippine mine
Global miner Xstrata Plc’s $5.9 billion (3.8 billion pounds) Tampakan mine in the Philippines has been granted an environmental compliance certificate by the [...]
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Total wants exemption from Indonesia’s repatriation restriction
Total SA said Tuesday it should be exempt from an Indonesia central bank restriction on sending profits back home, saying the regulation threatens its business operations and [...]
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Intrepid Mines: Letter to Shareholders
Intrepid Mines Limited (TSX:IAU)(ASX:IAU) (the “Company” or “Intrepid”) releases a letter to shareholders. Dear Fellow Shareholder You may have seen [...]
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Top 10 gold companies in 2012
In 2012, for the preliminary estimated corporate production of the yellow metal, total volume of gold mined by the top 10 publicly traded companies dropped roughly 3.4 [...]
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Malaysia beats Indonesia in new oil and gas discovery
Malaysia surpassed Indonesia as the key player in the upstream hydrocarbon industry in Southeast Asia last year, as Indonesia struggles to encourage new investments in the [...]
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