Asia Pacific

FYI Resources says the $1 million proceeds from the sale of a property in Western Australia will provide sufficient near-term funding for its working capital requirements in continuing the development of its South East Asian potash strategy. The ASX-listed company is now focusing on potash and has recognized the potential…
This month’s International Mining and Resources Conference (IMARC) in Melbourne from November 10-12 has attracted support of the Australian Federal Government with confirmation of the attendance of Minister for Resources, Energy and Northern Australia Josh Frydenberg and a keynote address from the Department of Foreign Affairs and Trade (DFAT). IMARC…
Kingsrose Mining has agreed with each of its lenders - Michael John Andrews, Great Golden Investment Limited and Beaurama Pty Ltd - to restructure the repayment profile of the company’s loan facilities. The company commenced repayment of the facilities on July 31, 2015, with a total of Aus$1.8 million repaid…
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…
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