Archive for December 4th, 2010

Arrested Australian in China ‘may be a victim of murky party ploy’

04-Dec-2010 Intellasia | The Australian | 4:55 PM

China wants the bulk of Australian businessman Matthew Ng’s firm Et-China brought into government ownership for a stockmarket listing. Such a listing promises a pay-day [...]
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Vietnam’s Vinashin creditors to meet Tue

04-Dec-2010 Intellasia | Reuters | 4:33 PM

Creditors of a $600 million, eight-year loan for Vietnam’s troubled state shipbuilder Vinashin will meet on Tuesday to discuss a request for a standstill from the [...]
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Malaysia’s oil giant: too big to sell?

04-Dec-2010 Intellasia | Financial Times (blog) | 4:16 PM

Investors looking for details on Malaysia’s promised privatisation programme will have been disappointed by prime minister Najib Razak’s latest speech on economic [...]
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Indonesia’s Pertamina signs Natuna gas deal with ExxonMobil

04-Dec-2010 Intellasia | Platts | 3:56 PM

Indonesia’s state-owned oil and gas company Pertamina Friday signed a heads of agreement with ExxonMobil for the long-delayed and technically complex Natuna D-Alpha gas [...]
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Serica well fails to find commercial oil or gas

04-Dec-2010 Intellasia | Reuters | 3:53 PM

Oil explorer Serica Energy (SQZ.L: Quote) SQZ.V said a well off the coast of Indonesia failed to find hydrocarbons in commercial quantities, its third disappointing drilling [...]
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NTPC may opt for Indonesian coal mines

04-Dec-2010 Intellasia | RTT News | 3:52 PM

India’s largest power producer National Thermal Power Corporation Ltd., or NTPC, may prefer Indonesia for coal mine properties for its proximity, compared to Australia [...]
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JORC code standardizes mining reports around the world

04-Dec-2010 Intellasia | Resource Investing News | 3:51 PM

Kidela Capital Group(Editorial) reports on how the JORC codes standardizes mining reports around the world. The editorial is quoted as saying: This mining boom was happening [...]
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Pertamina secures two new CBM blocks

04-Dec-2010 Intellasia | Jakarta Post | 3:49 PM

Pertamina Hulu Energi (PHE), a subsidiary of state oil and gas firm PT Pertamina, has won the rights to develop two coal bed methane (CBM) blocks in Sumatra and Kalimantan, [...]
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Kalimantan gold signs letter of intent on gold project

04-Dec-2010 Intellasia | Stockopedia | 3:48 PM

Kalimantan Gold Corp Ltd (LON:KLG) the junior exploration company primarily focused on Indonesian gold, copper and coal, has announced that it has entered into a binding [...]
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Philippines orders open pit mining ban shelved

04-Dec-2010 Intellasia | ABS CBN News | 3:47 PM

The government has ordered South Cotabato to shelve an open pit mining ban but the province’s governor says the controversial ordinance will stay in place until [...]
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GAMI to undertake mineral exploration in Midsalip, Zamboanga del Sur

04-Dec-2010 Intellasia | Manila Bulletin | 3:46 PM

Mining remains a lucrative venture to fuel economic growth. Philippine gold, nickel, copper, and chromite deposits are among the largest in the world. Significant deposits of [...]
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MRC to explore close to stalled Xstrata project

04-Dec-2010 Intellasia | SteelGuru | 3:44 PM

Bloomberg reported that MRC Allied Inc of Philippine is seeking a partner to help it start exploring an area adjacent to Xstrata Plc’s planned USD 5.2 billion copper [...]
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PNOC Exploration Announces Offshore Mindoro PSC 47 farm-in Opportunity

04-Dec-2010 Intellasia | OilVoice | 3:44 PM

PNOC Exploration Corporation is offering at least 50% participating interest and operatorship in Service Contract 47 (SC 47) in Offshore Mindoro, Philippines. The block has [...]
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Vietnam’s planned sale of tiger paste protested

04-Dec-2010 Intellasia | AP | 3:42 PM

A local conservation group voiced opposition Friday to the planned sale of tiger paste by Vietnamese authorities, amid warnings by the international community that the [...]
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Asian marts gain on positive US data

04-Dec-2010 Intellasia | Business Times | Reuters | AFP | Bloomberg | AP | 3:20 PM

Most Asian stocks extended gains yesterday Friday Dec 3 from the previous day as a fresh batch of US economic figures added to the impression that recovery in the [...]
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