Category: ResourceAsiaSubscribe via RSS Feed

Court fight looms over $5.9b Philippine mining operation

04-Dec-2012 Intellasia | Abs-cbnnews | 7:01 AM

Sagittarius Mines Inc. (SMI) may have to go to court to clear the road for the operation of the $5.9 billion Tampakan copper-gold project in southern Mindanao. Two senior [...]
» More

Indonesian govt approves BP expansion plan

04-Dec-2012 Intellasia | Jakarta Globe | 7:01 AM

British-based oil giant BP and partners will soon begin construction on their $12 billion expansion plan for the Tangguh liquefied natural gas project in West Papua, as the [...]
» More

China defends Burma copper mine project

03-Dec-2012 Intellasia | Straits Times | 7:01 AM

China has defended a copper mine project in Myanmar following protests at the site and called for society to respect the law. The Monya Copper Mine Project, a joint venture [...]
» More

Bumi plans to collect funds from partners to raise cash

03-Dec-2012 Intellasia | Jakarta Globe | 7:01 AM

Bumi Resources, Indonesia’s largest thermal-coal producer, aims to collect money owed from other groups including its business partners in a move that should help it to [...]
» More

Papua New Guinea: Antelope-3 well encounters gas

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

InterOil Corp., Houston, said its Antelope-3 appraisal well in Papua New Guinea penetrated the top of the reservoir 217 ft high to prognosis, began flowing gas, and was [...]
» More

China tries new resource M&A approach

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

New reports from Down Under are saying that China’s leading power distributor State Grid Corp has made a major purchase in Australia, a move that initially looks [...]
» More

CNOOC resubmits Nexen takeover bid

CNOOC resubmits Nexen takeover bid

03-Dec-2012 Intellasia | Shanghai Daily | 7:01 AM

CHINA National Offshore Oil Corp has resubmitted its proposed takeover of Nexen to US regulators as part of the deal’s approval process, the oil producer said [...]
» More

Newcrest Mining Limited – Newcrest and Antam expand long-standing relationship

03-Dec-2012 Intellasia | Canada NewsWire (press release) | 7:01 AM

Newcrest Mining Limited (Newcrest) and PT ANTAM (Persero) Tbk (ASX-ATM; IDX-ANTM; Antam) are pleased to announce the parties have agreed to expand their long-standing, [...]
» More

Pertamina Hulu Energi finds new O&G reserves offshore East Java

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

Pertamina Hulu Energi (PHE), a subsidiary of Indonesia’s state-backed oil and gas company Pertamina, has discovered new oil and gas reserves in the West Madura Offshore [...]
» More

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