Asia Pacific

Barely 24 hours after Rio Tinto-controlled Turquoise Hill (TSE:TRQ) got the go-ahead for the long-delayed expansion of the massive copper-gold Oyu Tolgoi mine, the Asian country authorities have struck again. This time, the parliament has decided to cancel a deal with a consortium of foreign firms to develop the giant…
Canadian seafloor miner Nautilus Minerals (TSX:NUS) said Tuesday it has struck a deal with provider Gardline CGG, which will allow the company resume exploration around Solomon Islands, east of Papua New Guinea (PNG), where it is developing a gold, copper and silver underwater mine.   the goal is to expand…
Chinese authorities have unveiled the results of study into the nation’s uranium deposits, which puts its reserves at over 2 million tonnes, government's Xinhua News Agency reports.   According to the head of China Nuclear geology (CNG), Du Yunbin, the country’s uranium deposits have doubled in the last 15 years…
Whitehaven Coal has started transporting coal from its Maules Creek in New South Wales (NSW) earlier than expected.   The first coal-laden train departed the mine site heading for the port at Newcastle following a test train.   As anticipated by the company, the project budget is likely to be…
US-based Gold Mining has signed an agreement with Riverstone Resources to acquire a 24-acre mining tenement in Queensland, Australia.   Located near Eidsvold, the claim is on a property thought to be rich in alluvial minerals.   According to the company, Riverstone Resources mining tenement comprises about 300,000oz of gold…
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