Archive for November 17th, 2009

Papua New Guinea Energy Report – New Report Published

17-Nov-2009 Intellasia | Official Wire (press release) | 11:32 PM

The Papua New Guinea Government has been told it will earn about 1.2 billion US dollars in revenues over seven years after 2013 if it approves mine extension plans for Ok [...]
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Swedish businessman murdered in Cambodia after meeting woman online

17-Nov-2009 Intellasia | DPA | 11:19 PM

A Swedish businessman visiting Cambodia has been murdered and his body dumped outside Phnom Penh, reportedly after he met a woman with whom he had corresponded online, [...]
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PNG gas projects will power Apec trade: PM

17-Nov-2009 Intellasia | The National | 11:17 PM

Prime Minister Sir Michael Somare told his Apec counterparts in Singapore at the weekend that the LNG projects in PNG will not only boost the economies of those [...]
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Plugging Timor Sea oil well will take longer

17-Nov-2009 Intellasia | AAP | Brisbanetimes | 11:15 PM

The permanent plugging of a well which spilled oil into the Timor Sea for 10 weeks will take longer than originally thought, the federal government says. Oil began leaking [...]
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Plans to extend Ok Tedi mine in Papua New Guinea

17-Nov-2009 Intellasia | Radio New Zealand International | 11:14 PM

The Papua New Guinea Government has been told it will earn about 1.2 billion US dollars in revenues over seven years after 2013 if it approves mine extension plans for Ok [...]
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Allied Gold commences trading in Toronto, files prospectus for C$155m placing

17-Nov-2009 Intellasia | Proactive Investors | 11:13 PM

Papua New Guinea operating Australian based miner Allied Gold (AIM: AGLD, TSX: ALG, ASX: ALLD), which is set to start trading on the Toronto Stock Exchange today, has filed a [...]
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UPDATE 1-Indonesia urges Antam to buy shares in Newmont unit

17-Nov-2009 Intellasia | Reuters | 11:12 PM

Indonesia has asked state miner PT Aneka Tambang Tbk (Antam) (ANTM.JK) to join a consortium to buy a 14 percent stake worth nearly $500 million in the local unit of Newmont [...]
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UPDATE 1-Serica renegotiates credit facility

17-Nov-2009 Intellasia | Reuters | 11:10 PM

Oil and gas explorer Serica Energy Plc said it entered into a new $100 million senior secured revolving credit facility to replace its existing facility of a similar amount. [...]
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Indonesia forestry laws curbing geothermal-industry

17-Nov-2009 Intellasia | Reuters | 11:08 PM

Indonesia needs to relax its laws to make it easier to explore for geothermal energy in protected forests if it is going to meet a target of lifting electricity demand from [...]
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Newmont, Sumitomo complete 10pct share sale of PTNNT for $391m

17-Nov-2009 Intellasia | PR Newswire (press release) | 11:06 PM

Newmont Mining Corporation today announced that its subsidiary, Newmont Indonesia Limited, together with Nusa Tengarra Mining Corporation (an affiliate of Sumitomo [...]
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Olympus Pacific merges with Zedex to create a significant new gold producer in SE Asia

17-Nov-2009 Intellasia | minesite.com | 9:36 PM

Rumours of an impending marriage between Canadian-listed Olympus Pacific Minerals and ASX-listed Zedex Minerals have surfaced from time to time over the past year or more, [...]
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VN Index slightly increases while HNX Index falls

17-Nov-2009 Intellasia | AtpVietnam | HNX | 6:18 PM

Ending Nov 17 session, VN Index slightly increased by 1.38 points or 0.25% to close at 547.08 points with a total matching order trade of 49.2 million shares worth 2.417 [...]
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Business, banking and stock market briefs Nov 17

17-Nov-2009 Intellasia | | 6:16 PM

* From November 24, Hanoi Housing Development Joint Stock Bank (Habubank) will officially issue more 20 million bonus shares to the existing shareholders to support the [...]
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Long Giang urban developer to offer 6m share to hike chartered capital

17-Nov-2009 Intellasia | CafeF | 6:13 PM

Long Giang Urban Development and Investment Joint Stock Co (coded LGL)’s board of directors on November 12 decided to issue extra two million shares to scale up [...]
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Petrolimex sets up subsidiary in Singapore

17-Nov-2009 Intellasia | CafeF | Thoi Bao Kinh Te Vietnam | 6:12 PM

A new member of Vietnam National Petroleum Corp (known as Petrolimex Vietnam) on November 16 made its official debut in Singapore. The Petrolimex Singapore Pte Ltd Co was [...]
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