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Tuesday November 24, 2009
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South Asia Mining News is an EIN News Service for mining professionals. Constantly updated news and information about South Asia Mining.
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Latest South Asia Mining News

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  • Global Demand for Mining Equipment to reach $58 billion(US) in 2013 24 Nov 2009 04:34 GMT
    ... Global Demand for Mining Equipment to reach $58 billion(US) in 2013 ... firm. Prices for mineable commodities -- especially metals like copper and iron ore -- increased ... during the 2003-2008 period, driving efforts to mine materials, thus generating demand for mining machinery. ...

  • SE Asia Stocks-S'pore off highs; political worries hurt Thailand 24 Nov 2009 10:53 GMT
    ... its Indonesia lost 0.4 percent as coal miner Bumi Resources dropped 4.6 percent after it ... its highest since March 7, 2008, with mining firm Century Peak Metals Holdings surging 10.3 percent and Philex Mining ...

  • Afghan revenue to balloon as Chinese influence grows 24 Nov 2009 04:31 GMT
    ... economy has been hailed by the country's mining minister, who has revealed that projects acquired ... said foreign investment in the country's vast mineral deposits would bring $US2 billion ($2.18 billion) ... Saudi firms to gain control of an iron-ore deposit at Hajigak, 100 kilometres west of ...

  • Central Asian Countries Seek To Demine Border Areas 24 Nov 2009 04:34 GMT
    ... Central Asian Countries Seek To Demine Border Areas DUSHANBE -- A Tajik Foreign ... in Dushanbe at an international conference on demining borders in the Ferghana region that dozens ... but no terrorists have been killed by mines along the borders in the last decade. Ivar ...

  • Asia markets lower amid China warning to banks 24 Nov 2009 09:14 GMT
    ... BANGKOK—Asian stock markets retreated Tuesday as China's warning ... strength of the world's No. 2 economy. Gold retreated from a record and oil prices ... to 4,685 on losses in banks and miners. Markets in India, Singapore and Thailand also ...

  • Asian stock markets lower as China's bank warning hits financials; European shares fall 24 Nov 2009 09:23 GMT
    ... BANGKOK (AP) - Asian stock markets retreated Tuesday ... strength of the world's No. 2 economy. Gold retreated from a record and oil prices ... to 4,685 on losses in banks and miners. Markets in India, Singapore and Thailand also ...

  • Mittal plans 6 mt plant in Karnataka 24 Nov 2009 05:18 GMT
    ... plant at an investment of Rs 30,000 crore (Rs 300 billion). A captive power plant ... Orissa, 9,000 acres. There were issues with mines, too. Though the company had bagged licences ... coal in Jharkhand and Orissa, and a mining lease for iron ore in Jharkhand, the ...

  • Best books of the decade 24 Nov 2009 04:30 GMT
    ... The Times' 100 Best Books of the Decade Do ... riven by bitter strike, becomes an anarchic Miner 49er. Gather stale baguettes dropped by the callous mine-owner and throw garlic at the police. Locate ...

  • Banks weigh on world markets after China warning 24 Nov 2009 11:35 GMT
    ... BANGKOK - Asian stock markets retreated Tuesday as ... strength of the world's No. 2 economy. Gold retreated from a record and oil prices ... to 4,685 on losses in banks and miners. Markets in India, Singapore and Thailand also ...

  • Overseas markets trade lower after one-day rally 24 Nov 2009 10:31 GMT
    ... An investor walks past a stock price monitor at ... strength of the world's No. 2 economy. Gold retreated from a record and oil prices ... to 4,685 on losses in banks and miners. Markets in India, Singapore and Thailand also ...

  • India gold hits fresh record on global cues 23 Nov 2009 06:51 GMT
    ... MUMBAI: India gold futures struck a fresh record high of ... tonne amid strikes by workers in Chilean mines. ...

  • India gold buying cools off on record prices 23 Nov 2009 11:11 GMT
    ... MUMBAI: India gold buying cooled off on Monday after picking ... tonne amid strikes by workers in Chilean mines. ...

  • Gold at record; resource plays boost Asia stocks 23 Nov 2009 05:31 GMT
    ... MUMBAI: India gold futures struck a fresh record high of ... tonne amid strikes by workers in Chilean mines. ...

  • Bargains Still Abound in a Few Gold Miners 23 Nov 2009 11:11 GMT
    ... less overlooked was because Gold and Silver mining is essentially an emerging industry as the ... fails to reflect both the high quality mines, nearly 200 million in net cash and ... reduced amount of risk. - Another junior miner who stock price has been rather stagnant, ...

  • HK, China shares gain; financials, metal counters rise 23 Nov 2009 05:53 GMT
    ... up on loose monetary policy outlook * Metal counters rise as gold prices hit record high (Updates to midday) ... [ID:nSP457620] ) advanced 4.05 percent and Realgold Mining ( ) was up 1.76 percent and ...

  • HK Hot Stocks- Gold counters, Cathay Pacific rise 23 Nov 2009 05:14 GMT
    ... the stocks on the move: * Zijing Mining advanced 3.93 percent and Realgold Mining gained 3.66 percent after gold prices ... scrambled for safe-haven assets on worries Other metal stocks also rose. Aluminum Corp of China was ...

  • HK, China shares jump; financial, metals plays gain 23 Nov 2009 09:23 GMT
    ... and Shanghai rose on Monday, as record gold prices spurred metals counters, and China financials jumped on optimism that ... [ID:nGEE5AM0FB] ) advanced 4.76 percent and Realgold Mining ( ) was up 1.99 percent and ...

  • SE Asia Stocks-Mostly weaker, but financials lift Singapore 23 Nov 2009 10:40 GMT
    ... * S'pore at 15-month high; banks lead BANGKOK, Nov ... ( ) fell 0.3 percent and coal miner Bumi Resources ( ) lost 2.7 percent ... ........[O/R] JP bonds...[JP/] ADR Report .....[ADR/] LME metals.[MET/L] US bonds.. [US/] Stocks News US..[STXNEWS/US] Stocks ...

  • US retirement fund invests in Asia 23 Nov 2009 16:15 GMT
    ... almost 1.3 million public education employees and retirees, last month started a US$250 million gold fund investing in precious-metals mining stocks and exchange-traded funds, its Web site said. Morgan Creek Capital, based in Chapel ...

  • Pike River Coal Limited (NZE:PRC) Managing Director Mr Gordon Ward Address To Shareholders 23 Nov 2009 03:50 GMT
    ... much the same challenges as any new mining venture. We fully recognize that some of ... on the first of the two continuous miners have been completed and returned to operations. ... mine manager and Deputy Chief Inspector of Mines in the Australian coal industry. High Quality ...

  • 2009 AGM - Managing Directors Address 23 Nov 2009 01:32 GMT
    ... much the same challenges as any new mining venture. We fully recognize that some of ... on the first of the two continuous miners have been completed and returned to operations. ... mine manager and Deputy Chief Inspector of Mines in the Australian coal industry. High Quality ...

  • Should We Defend Undocumented Workers? 23 Nov 2009 21:51 GMT
    ... One winter morning in 1996, Border Patrol agents charged ... of one of the world's largest copper mines, miners have been on strike for two ... 50 miles north. If you were a miner with a busted union and no job ...

  • Thai stocks seen range-bound, GDP in focus 23 Nov 2009 02:20 GMT
    ... BANGKOK, Nov 23 (Reuters) - Thai stocks are ... shareholders rejected the plan. Thailand's second-largest coal miner said it expected net profit to be ... ........[O/R] JP bonds...[JP/] ADR Report .....[ADR/] LME metals.[MET/L] US bonds.. [US/] Stocks News US..[STXNEWS/US] Stocks ...

  • Philippines-Market factors to watch - Nov 23 23 Nov 2009 00:54 GMT
    ... bullish breakout of previous weeks, traders said. Mining and power sector stocks should be in ... 0.10 US 10YR 3.3694 -- 0.00 SPOT GOLD 1156.70 0.74% 8.50 US CRUDE 77.8 0.43% ... Eurostocks........... Oil........... JP bonds... ADR Report.......... LME metals.. US bonds... Stocks News US... Stocks News ...

  • Traders May Relish Economic Evidence Pointing To Return To Strong Growth - RTTNews Daily Market Analysis 23 Nov 2009 14:55 GMT
    ... Semiconductor Index fell 3%. The NYSE Arca Gold Bugs Index, the Philadelphia Housing Sector Index, ... barring financial stocks, joining in the rally. Miners BHP Billiton, Newcrest Mining, Lihir Gold and Rio Tinto advanced in ...


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