Archive for January, 2009
Share markets wind up January with losses worldwide
Markets in Asia were mixed yesterday Friday Jan 30 as dealers looked to a fall on Wall Street and a woeful set of economic data out of Japan that highlighted the depth of the [...]
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Abu Dhabi IPIC seeks US$1b loan to secure stake in Oil Search
Abu Dhabi government-owned International Petroleum Investment Co (IPIC) is looking to secure a US$1 billion, three-year loan to back its purchase of a 17.6% stake in Oil [...]
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Liquid Niugini PNG LNG venture seeks new chief
A consortium planning to build a liquefied natural gas processing plant in Papua New Guinea, Liquid Niugini Gas Ltd, is searching for a new chief executive after current head [...]
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Nautilus Minerals announces granting of options
Nautilus Minerals Inc (the “Company” or “Nautilus”) announces that on January 7, 2009 the Co granted options over 550,000 common shares to its [...]
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Evergreen Energy, Sumitomo and Indonesian mining to advance Kalimantan coal refinery project
Evergreen Energy Inc. (NYSE Arca:EEE), its strategic partner Sumitomo Corporation and a major Indonesian mining group have agreed to advance their joint K-Fuel® coal [...]
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Philippines province braces for tough times ahead for mining industry
The provincial government of Compostela Valley, which counts mining as its “champion industry,” is bracing for tough times ahead as prices of metallic and [...]
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Barrick Gold shuts Papua New Guinea mine
Barrick Gold Corp is suspending output at its small Kainantu gold mine in Papua New Guinea due to high costs, but will continue to hunt for more resources at the site, a [...]
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Oz Minerals sees steady Sepon copper output 2009
OZ Minerals Ltd said on Friday Jan 30 2009 copper output from its Sepon mine in Laos will match or exceed the 64,075 tonnes produced in 2008. “Underlying copper demand [...]
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PNG’S Lihir gold mine resumes full output
Production has resumed at Papua New Guinea’s giant Lihir gold mine a week after a dispute over compensation with landowners forced the mine to close, the mine’s [...]
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Indonesia’s Antam to triple capex in 2009, banks on recovery
Indonesia’s PT Aneka Tambang plans 3 trillion rupiah this year in capital expenditures, up three-fold on 2008, to position itself for an eventual recovery in commodity [...]
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Potential Martabe buyers know Indonesia, says Oz Minerals:
Australian miner Oz Minerals Ltd said on Friday Jan 30 that potential buyers of its Martabe gold mine in Indonesia are “well versed in Indonesian mining.” The [...]
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Drug poisoning mistaken for bird flu case at Narita airport
Chiba Pref. (Kyodo) Medical and immigration staff at Narita International Airport were put on high alert January 22 when a Taiwanese passenger arriving from Hong Kong [...]
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Five Philippine farm workers infected with Ebola strain: govt
The Philippine government and WHO Friday refused to rule out the possibility that five men may have contracted a non-lethal strain of the Ebola virus from infected pigs. Four [...]
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No indication Canada bird flu outbreak has spread
There is no indication an outbreak of bird flu in Canada has spread beyond the turkey farm near Vancouver where the disease was discovered last week but testing continues, [...]
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Japanese researchers develop all-round flu vaccine
Researchers in Japan said Thursday they had developed a flu vaccine that works against multiple viruses and could prevent a deadly pandemic of bird flu mutations. The [...]
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