Category: ResourceAsia
Challenger Signs Formal KEM Mining and Marketing Agreement
Further to our previously announced execution of an Exclusivity Agreement related to the coal mining and marketing rights for the KEM Project in Central Kalimantan, Indonesia [...]
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Aust gives environmental approval to uranium mine
Australia gave environmental approval for a new uranium mine in its resource-rich west, with 36 conditions to guard against negative impacts from radiation and other factors. [...]
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Oil rig workers paid $3 an hour
A court will next week hear allegations that foreigners were paid less than $3 an hour to work on oil rigs off the West Australian coast when they should have been covered by [...]
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Frontier Resources finds signs of porphyry copper at Gasmata
Frontier Resources and Quintessential Resources have confirmed the likelihood of finding porphyry copper mineralisation within their Gasmata exploration licence in New [...]
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CNOOC refining throughput rises 15.2pct on year
China National Offshore Oil Corp or CNOOC Group, the parent of listed arm CNOOC Ltd, refined 30.08 million mt (602,400 b/d) of crude last year, up 15.2 percent from 26.1 [...]
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ROC commences drilling at the West Acis-2 well, offshore Malaysia
ROC advises that BC Petroleum Sdn Bhd (BCP), the company incorporated to operate and manage the Balai Cluster Risk Service Contract (RSC) in Malaysia, commenced drilling the [...]
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Seismic survey completed, Chevron to expand to West Papua
US-based Chevron, the leading crude oil producer in Indonesia, is set to spread its wings to the eastern part of the country after wrapping up a seismic survey of two [...]
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Thai PTTGC to decide on Malaysian petchem investment plan in 2013
Thailand’s largest petrochemical maker, PTT Global Chemical Pcl (PTTGC), said on Monday it planned to make a decision on a petrochemical investment plan for Malaysia in [...]
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Six die in China mine where earlier blast killed 28
An explosion has killed six workers at a coal mine in northeast China where 28 miners were killed in a similar accident just three days earlier, state media reported, one of [...]
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Gold Miners Continue to Underperform Gold Prices in 2013 — Central Bank Gold Purchases Reach $8-Year High in 2012
Gold mining stocks have largely underperformed gold prices over the past few years. Gold prices fell below $1,600 an ounce Tuesday as strong U.S. economic data and news of [...]
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PHI Group Provides Corporate Updates
PHI Group, Inc. (OTCQB: PHIL) (PINKSHEETS: PHIL), a company focused on energy and natural resources, today provided updates on a number of corporate issues for the [...]
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Niko Resources in talks to sell in non-core for $157m
Shares in Niko Resources Ltd (TSX:NKO) shot up more than 10 per cent Wednesday after the oil and natural gas producer announced it was in advanced talks to sell certain [...]
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Chalco posts $1.33b loss
Aluminum Corp. of China Ltd, ACH -2.68 percent known as Chalco, reported a deeper-than-expected loss for 2012, but the company expects to return to profit this year in tandem [...]
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Philippines tries to repair mining reputation
The Philippine government is trying to repair the damage done to the rising reputation it is hostile to mining, although more aggressive action is needed to completely dispel [...]
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TVI Pacific 2012 income surges 54pct to $5.3m
Canadian miner TVI Pacific Inc. has reported that net income from the copper and zinc operations from its Canatuan mine in Zamboanga del Norte reached its net income rose [...]
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