Archive for December 4th, 2010
Arrested Australian in China ‘may be a victim of murky party ploy’
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
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?
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
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
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
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
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
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
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
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
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
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
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
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
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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