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South-East Asia Mining News is an EIN News Service for mining professionals. Constantly updated news and information about South-East Asia Mining.
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Latest South-East Asia Mining News

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  • 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 ...

  • Ken Heebner Top Holdings: Goldman Sachs Group, Ford Motor Company, FreeportMcMoRan Copper & Gold, Baidu.com Inc., FedEx Corp., Southern Copper Corp. 24 Nov 2009 00:16 GMT
    ... at around $8.64 with and P/S ratio of 0.19. No. 3: FreeportMcMoRan Copper & Gold Inc. ( Freeport-McMoRan is engaged in mineral exploration and development, mining and milling of copper, gold, and silver in Indonesia, and the smelting and refining ...

  • Indonesia Market factors to watch - Nov 24 24 Nov 2009 02:27 GMT
    ... ( ) down 0.3 percent and coal miner Bumi Resources ( ) down 2.7 percent after ... TSY YLD US10YT=RR 3.3527 -- 0.000 SPOT GOLD XAU= 1164.15 -0.15 -1.700 US CRUDE CLc1 ... may get sugar import monopoly [ID:nJAK151279] Indonesia mining rule threatens investment drive [ID:nJAK61878] Indonesia rupiah ...

  • Is Bakrie Group maneuvering to control the Batu Hijau copper-gold mine? 24 Nov 2009 06:51 GMT
    ... the operating company controlling the Batu Hijau mine in Indonesia, one consortium member may be aiming ... Monday , 23 Nov 2009 As Newmont Mining and Sumitomo Monday entered into an agreement ... assertions. Bambang Setiawan, director general of coal, mineral and geothermal energy at Indonesia's Energy Ministry ...

  • Malaysian mining industry has big potential 24 Nov 2009 08:59 GMT
    ... The mining industry in Malaysia has big potential for ... this remark after chairing the Seventh National Mineral Council Meeting at Putrajaya, the administration center ... to hasten the process of forming the Mines Rehabilitation Fund and the Consolidated Rehabilitation Fund. ...

  • Philippines government may cancel $2.4bn Intex nickel project 24 Nov 2009 07:51 GMT
    ... ALLEGATIONS Philippines government may cancel $2.4bn Intex nickel project If a probe into the deal ... by demonstrators The Philippines may cancel a mining permit for a $2.4-billion nickel project by ... in the central Philippines where the nickel mine is located, have said there was no ...

  • Manila says may cancel Intex's $2.4 bln nickel project 24 Nov 2009 06:30 GMT
    ... (Reuters) - The Philippines may cancel a mining permit for a $2.4-billion nickel project by Norway's Intex Resources ASA ( ... in the central Philippines where the nickel mine is located, have said there was no ...

  • Manila says may cancel Intex's $2,4bn nickel project 24 Nov 2009 07:13 GMT
    ... Manila says may cancel Intex's $2,4bn nickel project 24th November 2009 Updated 53 minutes ... ago MANILA- The Philippines may cancel a mining permit for a $2,4-billion nickel project by ... in the central Philippines where the nickel mine is located, have said there was no ...

  • 10 Filipino journalists among 24 killed in ambush 24 Nov 2009 08:57 GMT
    ... turned on him. Too many people in mine, Chinese say The coal mine that exploded ... Monday. The weekend explosion was China's worst mining accident in two years. Officials have said 528 miners were underground when the mine exploded after ...

  • RP may cancel Intex's $2.4-B nickel project 24 Nov 2009 11:33 GMT
    ... MANILA - The Philippines may cancel a mining permit for a $2.4-billion nickel project by Norway's Intex Resources ASA if ... in the central Philippines where the nickel mine is located, have said there was no ...

  • Rox withdraws from Pha Luang joint venture in Laos 24 Nov 2009 06:41 GMT
    ... and has withdrawn from the Pha Luang zinc-lead joint venture with Lao company First Pacific Mining, according to a statement to the ASX ... November 23, 2009. Rox is currently undertaking metallurgical testwork and RC drilling at Myrtle. It ...

  • Southern Gold set to recommence drilling 24 Nov 2009 08:27 GMT
    ... ustralian miner Southern Gold Ltd will commence its next ... of previously identified deposits of the precious metal as well as surveys of its unexplored ...

  • Altai Updates on Its Malartic Township Gold Property, Val d'Or Area, Quebec 24 Nov 2009 15:32 GMT
    ... reports that the option granted to C2C Gold Corporation Inc. ("C2C") on its Malartic Township ... has been terminated by Altai and Globex Mining Enterprises Inc. ("Globex") due to C2C's non ... INDUSTRY: Manufacturing and Production - Mining and Metals SUBJECT: RLE ...

  • Canada's miners abroad 24 Nov 2009 11:54 GMT
    ... Canada's mining, oil and gas firms think of themselves ... communities in 2008, employing 19,000 people at mines in Canada, the United States and a half-dozen ... are ideas Parliament has good reason to examine. The industry opposes stricter oversight, warning that ...

  • Newmont to sell Indonesia venture stake for $494M 24 Nov 2009 04:35 GMT
    ... DENVER (AP) - Newmont Mining has agreed to sell a 14 percent stake in an Indonesian gold mine for $494 million, ending a years-long dispute with the Indonesian government over how the mining ...

  • Newmont's Indonesia venture stake to go for $494M 24 Nov 2009 05:13 GMT
    ... | WHEC.com Newmont to sell Indonesia venture stake for $494M (AP) DENVER - Newmont Mining has agreed to sell a 14 percent stake in an Indonesian gold mine for $494 million, ending a years-long dispute with the Indonesian government over how the mining ...

  • Newmont Mining agrees to sell 14 percent share in Indonesian venture for $494 million 24 Nov 2009 05:17 GMT
    ... a 14 percent stake in an Indonesian gold mine for $494 million, ending a years-long dispute with ... with the Indonesian government over how the mining company should sell shares as required under ...

  • Altai Updates on Its Malartic Township Gold Property, Val d'Or Area, Quebec 24 Nov 2009 15:28 GMT
    ... Altai Updates on Its Malartic Township Gold Property, Val d'Or Area, Quebec TORONTO, ONTARIO--(Marketwire ... has been terminated by Altai and Globex Mining Enterprises Inc. ("Globex") due to C2C's non fulfillment ... (IN THE ST. LAWRENCE LOWLANDS, QUEBEC), GOLD, NICKEL AND SULPHUR PROPERTIES IN CANADA AND THE ...

  • UPDATE 1-Newmont, Sumitomo to sell Indonesia JV shrs 24 Nov 2009 02:50 GMT
    ... NEW YORK, Nov 23 (Reuters) - U.S. gold producer Newmont Mining Corp ( ) and a unit of ... operates the Batu Hijau cooper and gold mine. (Reporting by Joseph A. Giannone; Editing Bernard Orr) ...

  • Newmont, Sumitomo to sell Indonesia JV shrs 24 Nov 2009 05:12 GMT
    ... NEW YORK, Nov 23 - U.S. gold producer Newmont Mining Corp and a unit of Japan's ... operates the Batu Hijau cooper and gold mine. +1 646 223 6184; Reuters Messaging: )) ...

  • Newmont Mining sells 14% of Newmont Nusa for $494m 24 Nov 2009 09:42 GMT
    ... Newmont Mining Corporation's Indonesian subsidiary and Nusa Tenggara Mining Corporation (NTMC) ... after. Newmont and NTMC also signed a mine operating agreement with PTMDB to adopt all Newmont ...

  • Newmont Mining agrees to sell 14 percent share in Indonesian venture for $494 million 24 Nov 2009 05:16 GMT
    ... DENVER (AP) - Newmont Mining Corp. says its Indonesian joint venture has agreed to transfer a ... of governments near the company's Batu Hijau mine, and to the private company PT Multicapital. ...

  • WORLD BRIEFS 21 killed in election massacre in the Philippines 24 Nov 2009 05:31 GMT
    ... Obama is considering sending tens of thousands more troops to fight an increasingly virulent insurgency, ... add to their military presence. Official: China mine that exploded was too crowded HEGANG, China — ... The weekend gas explosion — China’s worst mining accident in two years — was a ...

  • Newmont to sell Indonesia venture stake for $494M 24 Nov 2009 05:12 GMT
    ... Newmont shares ownership of the Batu Hijau mine with Japan's Sumitomo Corp. and Indonesia's PT Pukuafu Indah. The Denver-based company says ... and local Indonesian governments. Last week, Newmont Mining Corp. said a separate 10 percent share ...

  • Newmont's Indonesia venture stake to go for $494M 24 Nov 2009 05:14 GMT
    ... ) - Newmont Mining Corp. says its Indonesian joint venture has agreed to transfer a ... of governments near the company's Batu Hijau mine, and to the private company PT Multicapital. ...


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