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Philippine miner halts nickel project on weak prices The Philippines' Semirara Mining Corp 4 Jul, 2009 - 7:00:00 AM MacroAsia seen to complete Palawan mine exploration Macroasia Corp. expects to complete exploration activities in its P740 million Infanta and Celestial nickel project in Palawan by early 2010. 4 Jul, 2009 - 7:00:00 AM Sembcorp Marine unit wins $237m rig order Sembcorp Marine Ltd, the world's second-biggest maker of oil rigs, said its unit won a $237.3 million (US$1 = RM3.52) order to build a second floating drilling rig from SeaDragon Offshore Ltd of Norway. 4 Jul, 2009 - 7:00:00 AM MCI Holdings suspends Philippine nickel mining operations Consunji-owned DMCI Holdings Corp. told the Philippine Stock Exchange on Wednesday that its nickel mining subsidiary has suspended mining operations in Zambales. 4 Jul, 2009 - 7:00:00 AM PHI mining group signs agreement to mine manganese in Thailand PHI Mining Group, Inc., www.phimining.com, a company focused on mining opportunities in Southeast Asia, today announced that its wholly owned subsidiary Indochina Mining Corporation (IMC), has signed an agreement with Enter Blessing Company Limited, a Thai company, to form a joint venture company, IMC Thailand Manganese Co., in order to exploit manganese deposits in Thailand. PHI GROUP INC. (OTCBB: PHIE) (FRANKFURT: PR7), a company engaged in mergers and acquisitions, real estate development, mining, and investing in special situations (www.phiglobal.com), currently owns approximately 83 percent of PHI Mining Group. 4 Jul, 2009 - 7:00:00 AM Asian Mineral Resources completes private placement Asian Mineral Resources Limited (the "Company") (TSX VENTURE:ASN) announced today that it has completed the previously announced sale of 11,718,637 shares for gross proceeds of $1,054,677. The shares are subject to a hold period of four months, expiring on October 31, 2009. 4 Jul, 2009 - 7:00:00 AM Blackrock backed G-Resources hunts Asian gold G-Resources Group, the Hong Kong-listed mining company backed by BlackRock, is seeking to buy gold projects in Asia and Australia to lift annual output to 1 million ounces within five years. 4 Jul, 2009 - 7:00:00 AM E Timor undecided on Darwin LNG processing plant EAST Timor President Jose Ramos-Horta says it would be more profitable to pipe the gas from the Greater Sunrise gas project to his country, rather than process it on the spot or send it to Darwin. 4 Jul, 2009 - 7:00:00 AM Thai PTT sets coupons on 30b baht bonds Thailand's top energy firm, PTT PCL, has set coupons on bonds worth 30 billion baht to be sold later this month, underwriters said on Thursday. 4 Jul, 2009 - 7:00:00 AM Investors eye third oil refinery The oil refinery No 3 in Ba Ria Vung Tau province's Long Son is attracting much attention of new investors including Malaysia's Petronas Group, UEA's IPIC complex, Singapore's Trafigura and Korea's GS Group, citing Dau Tu newspaper. 3 Jul, 2009 - 1:30:48 PM |
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