Asia


UPDATE2: Grasberg tunnel collapse kills 28

Twenty-eight workers have died at Freeport-McMoRan Copper & Gold’s (FCX-N) Grasberg mining complex in Indonesia after the roof of an underground training facility collapsed on May 14. Ten others have been rescued.


An operator tightens a valve on a steam-assisted gravity drainage well pad at Nexen's Long Lake oilsands project. Source: Nexen

Who’s afraid of CNOOC?

The $15.1-billion takeover last year of oilsands producer Nexen by state-owned China National Offshore Oil Co., or CNOOC (CEO-N), tested Canadians’ willingness to allow foreign state-controlled firms full access to the country’s…


Centerra Gold's Kumtor gold mine in the Kyrgyzstan. Source: Centerra Gold

Centerra’s shares jump on unexpectedly strong Q1

VANCOUVER — There are quite a few moving pieces at Toronto-based Centerra Gold’s (CG-T) flagship Kumtor gold mine in Kyrgyzstan. But despite some uncertainty, the company was able to register a strong first quarter that includes…


Aldridge de-risks Yenipazar in Turkey

A nation at the crossroads of Europe and Asia measuring about 800 by 1,600 km is punching above its weight as an emerging mining jurisdiction, with operating mines owned by Inmet Mining (IMN-T), Eldorado Gold (ELD-T, EGO-N) and Alacer Gold…


New milestone for OceanaGold

Earlier this week OceanaGold (OCG-T, OGC-A) declared that the first concentrate from its Didipio open-pit mine in the Philippines was en route to Japan.


Aldridge de-risks Yenipazar

Turkey—a nation at the crossroads of Europe and Asia measuring about 1,600 km long and 800 km wide—is punching above its weight as an emerging mining jurisdiction with operating mines owned by Inmet Mining (IMN-T), Eldorado Gold…



Mining activity in the pit at Centerra Gold's Kumtor gold mine in Kyrgyzstan, 60 km north of the Chinese border. Source: Centerra Gold

Centerra faces challenges at Kumtor

VANCOUVER — The past year has been marked by operational and jurisdictional challenges for Toronto-based producer Centerra Gold (CG-T) at its flagship Kumtor gold mine, 350 km southeast of Bishkek in Kyrgyzstan.



Pit stripping and excavation activity at Turquoise Hill Resources' Oyu Tolgoi copper-gold project in Mongolia's South Gobi dessert. Sources: Turquoise Hill Resources

Oyu Tolgoi’s feasibility study delayed

Turquoise Hill Resources (TRQ-T, TRQ-N) updated the market with good and bad news about its 66%-held Oyu Tolgoi copper-gold project in Mongolia’s South Gobi desert.


Equipment at Sona's Elizabeth gold project in British Columbia. Source: Sona Resources

Sona signs MOU with Chinese contractor

Executive chairman Nick Ferris of Sona Resources (SYS-V) had been trying to source financing for some time to advance the junior’s Blackdome-Elizabeth gold project in the Clinton and Lillooet mining districts of British Columbia, about…


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