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Satisfy Growing Demand for Coal Mine in Asia
Asia-Pacific region gathered at a workshop in Ha Long City in northern Quang Ninh Province yesterday to discuss ways to satisfy growing demand for coal in Asia while minimising the environmental impacts.
The more than 120 participants at the three-day workshop discussed ways to improve standards and regulations for coal power plants, increase the adoption of [...]
Indonesian Mine Exploration Regulation Analysist : decentralization hits investment in mining
An ongoing dispute between the central and local governments over the disbursement of authority to manage licenses for mining operations is unlikely to be resolved any time soon.
The country’s mining sector has been plagued by overlapping mining regulations and weak coordination between central and local authorities.
Indonesian Mining Association (IMA) executive director Priyo Pribadi Soemarno told [...]
Southern Arc Minerals Inc.: Update on Lombok Contract of Work Application Status
Southern Arc Minerals Inc. announces an update on the status of its Lombok property following a recent site visit by the Company’s management.
The Contract of Work
The Lombok property is located in the southern part of Lombok Island, Indonesia and originally comprised an area covering approximately 56,670 hectares. The Lombok property is the subject of a [...]
Rio May Spend $2 Billion on Indonesian Nickel Project (Update2)
Rio Tinto Group, the world’s third- largest mining company, may invest $2 billion, double an earlier estimate, developing its first nickel project in Indonesia to meet rising demand driven by steelmakers in China.
“We’re still negotiating with senior levels of government in Indonesia,” said Ian Head, a Melbourne-based spokesman for Rio. “When it’s concluded, Rio can [...]
Rio May Spend $2 Billion on Indonesian Nickel Project (Update2)
Rio Tinto Group, the world’s third- largest mining company, may invest $2 billion, double an earlier estimate, developing its first nickel project in Indonesia to meet rising demand driven by steelmakers in China.
“We’re still negotiating with senior levels of government in Indonesia,” said Ian Head, a Melbourne-based spokesman for Rio. “When it’s concluded, Rio can [...]
Nickel Drops on Speculation Usage to Slow; Lead Gains to Record
Nickel fell in London, erasing an earlier gain that took the metal to a record, on speculation growth in global demand for stainless steel will slow. Lead rose to its highest ever.
Stainless-steel production will expand 8 percent this year, from 13.2 percent in 2006, Michael Widmer, director of metals research at Calyon, said by phone [...]
