Category: ResourceAsiaSubscribe via RSS Feed

Cameroon a step closer to have $4.7b iron ore mine

Cameroon a step closer to have $4.7b iron ore mine

03-Dec-2012 Intellasia | Mining | 7:01 AM

On Friday Australian Sundance Resources (ASX: SDL) announced it signed a contract with the government of Cameroon paving the way for a mining permit and the construction of [...]
» More

Australia’s Lynas fires up rare earths plant in Malaysia

Australia’s Lynas fires up rare earths plant in Malaysia

01-Dec-2012 Intellasia | AFP | 9:32 AM

Australian miner Lynas Corp said it has begun processing rare earths at a controversial new plant in Malaysia after being delayed for more than a year due to public [...]
» More

Indonesia’s PHE discovers more oil, gas in West Madura block

01-Dec-2012 Intellasia | Platts | 7:01 AM

Pertamina Hulu Energi, a subsidiary of Indonesia’s state-owned oil and gas company Pertamina, has discovered more oil and gas in the West Madura Offshore block in East [...]
» More

Mining company appeals directly to Aquino

01-Dec-2012 Intellasia | Inquirer.net | 7:01 AM

Sagittarius Mines Inc., the Philippine unit of the Switzerland-based Xstrata, has bypassed the Department of Environment and Natural Resources and gone straight to the Office [...]
» More

Horizon Oil seeks partner for PNG Gas assets

01-Dec-2012 Intellasia | Wall Street Journal | 7:01 AM

International energy companies seeking a foothold in Papua New Guinea’s nascent natural gas export industry are being courted with a new opportunity. Sydney-based [...]
» More

Petronas reports lower profit again

Petronas reports lower profit again

01-Dec-2012 Intellasia | MSN | 7:01 AM

Petronas, which contributes nearly half of Malaysia’s budget revenues, said earnings fell 21.6 percent for the third quarter ending September 30, to 14.4 billion [...]
» More

MEO Australia Limited (ASX:MEO) Gulf of Thailand – Sainampueng-1 Progress Report No. 1

01-Dec-2012 Intellasia | abnnewswire.net (press release) | 7:01 AM

MEO Australia Limited (ASX:MEO) (OTCQX:MEOAY) advises that Pearl Oil Offshore Limited (an affiliate of Mubadala Petroleum) commenced drilling Sainampueng-1 in the Gulf of [...]
» More

Cost of Exxon LNG project jumps again

01-Dec-2012 Intellasia | Wall Street Journal | 7:01 AM

Exxon Mobil Corp. XOM +0.02 percent said Monday that the cost of building a liquefied-natural-gas project in Papua New Guinea had jumped about 20 percent to $19 billion due [...]
» More

Mine closures in Indonesian Jambi highlight coal industry crunch

01-Dec-2012 Intellasia | CoalGuru.com | 7:01 AM

Reuters cited a coal association as saying that nearly 90 percent of coal mines in Indonesia’s Jambi province have closed because of the impact of low prices on smaller [...]
» More

Malaysian Pengerang oil terminal completes dredging for first phase

01-Dec-2012 Intellasia | Platts | 7:01 AM

The partners in the Malaysian Pengerang oil terminal have completed dredging for the first phase of the project and started work on storage tank foundations, a spokesman for [...]
» More

Indonesia to prolong divestment period for foreign miners

30-Nov-2012 Intellasia | Thejakartaglobe | 7:01 AM

Indonesia plans to prolong the divestment period for foreign mining companies, Energy and Mineral Resources minister Jero Wacik said on Wednesday, in what appeared to be a [...]
» More

Indonesia’s J Resources said to bid for Kingsgate gold mine in Thailand

Indonesia’s J Resources said to bid for Kingsgate gold mine in Thailand

30-Nov-2012 Intellasia | Jakarta Globe | 7:01 AM

J Resources Asia Pasifik, an Indonesian mining company, has offered to acquire the Chatree gold mine in Thailand from a company backed by Kingsgate Consolidated Ltd, a person [...]
» More

Axiom Mining Limited : Axiom Mining Terminates Funding Agreement with Bergen

30-Nov-2012 Intellasia | (press release) | 7:01 AM

Axiom Mining Limited (“Axiom” or “the Company”) refers to the Share Purchase and Convertible Security Agreement dated 13 March 2012 (“Funding [...]
» More

Kingsrose cuts spending, warns of lower Indonesia output

30-Nov-2012 Intellasia | Creamer Media's Mining Weekly | 7:01 AM

ASX-listed metals miner Kingsrose Mining on Wednesday reported that it had taken steps to decrease expenditure, including reducing its personnel numbers and ceasing [...]
» More

Pala Invests in Asian Mineral Resources

29-Nov-2012 Intellasia | Marketwire (press release) | 7:01 AM

Pala Investments Limited (“Pala”) is pleased to announce that it has entered into a share purchase agreement (the “Share Purchase Agreement”) relating [...]
» More