Asia

Peabody Energy among those picked to develop Tavan Tolgoi

Shares of Peabody Energy (BTU-N) jumped US$1.30 or 2.2% to US$60.69 following reports on July 5 that Mongolia had chosen it as part of a global energy consortium including China Shenhua Energy and a Russian-Mongolian group to develop its…


Drillers at Alamos Gold's Camyurt gold project in northwestern Turkey. Photo by Alamos Gold

Alamos drills new gold zone near Agi Dagi

Gold miner Alamos Gold (AGI-T) has delineated a new gold zone near its Agi Dagi gold project in Turkey that it believes has the potential to develop into a “stand-alone” project, according to a company news release dated June 16. 


Intrepid’s Tujuh Bukit unaffected by recent fire

Intrepid Mines (iau-t, iau-a) says a group of illegal miners recently set a small fly camp and drill rig on fire at a target on its prized Tujuh Bukit sulphide gold-copper project in East Java, Indonesia.


Letter to the editor: China Coal and Mei Feng

In the article “China Coal aims to become a mid-tier producer,” (T.N.M., May 30 – June 5/11), statements were made in respect of China Coal and its intended acquisition of the operating interest in the Mei Feng coal mine.



Alamos defines new ‘stand-alone’ gold deposit in Turkey

Mid-tier gold miner Alamos Gold (AGI-T) has delineated a new gold zone near its Agi Dagi gold project in Turkey that it believes has the potential to develop into a “stand-alone” project, according to a news release dated June 16.



Drillers at Southern Arc Minerals' West Lombok gold-copper project on Indonesia's Lombok Island. Photo by Southern Arc Minerals

Southern Arc outlines wide zone

On one a tough day on the market for miners, Southern Arc Minerals (SA-V) defied the trend and made a solid gain on the back of its latest drill results.



Puda Coal faces class-action lawsuit (May 30, 2011)

Allegations of fraud and untrustworthy financial statements that have led to a class-action lawsuit against former stock market darling Puda Coal (PUDA-X) underscore just how risky doing business in China can be.


Woulfe aims to re-start Sangdong mine in 2013

At its height, the Sangdong mine in South Korea was one of the largest tungsten-molybdenum mines in the world. But after a 40-year run, the mine, located 170 km southeast of Seoul, was shut down in 1993 when the price of ammonium paratungstate…


Southern Arc defining wide zone in Indonesia

On what was another tough day on the market for miners, Southern Arc Minerals (SA-V) defied the trend and managed to make a solid gain on the back of its latest drill results. The results came out of Southern Arc’s key exploration asset – the…


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