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  • April 18, 2014
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  1. News - Asia - AFGHANISTAN

    Next Afghan president will face a battle for control of nation’s mineral wealth

    Posted Apr 04th 2014, 10:18pm by LYNNE O'DONNELL

    ... Lynne O'Donnell in Kabul Whoever Afghans elect to lead them must wrest control of nation's mineral wealth from warlords Democracy undermined Millions of Afghans are expected ... state, slowly overrun, Congo-style, by warlords backed by private militia, protected by political patronage as they plunder the country's mineral wealth. "The rules of the game ...

  2. Business - Commodities - ACQUISITIONS

    China's miners to step up overseas push

    Posted Apr 04th 2014, 11:29am by Toh Han Shih

    ... metals and minerals, said an executive with the fund, which is a subsidiary of state-owned China Development Bank. Chinese firms are looking not only at Africa and Latin America. Closer to home, ...

  3. Business - Commodities - ENERGY

    China’s coal miners in crisis

    Posted Apr 02nd 2014, 09:45am by Reuters

    ... coal province of Inner Mongolia is in crisis. Tumbling prices- caused by weaker demand due to slowing economic growth in China and a flood of cheaper imports- have forced many smaller miners out of business, while some major firms are slashing wages by up to 50 per cent to stem heavy losses. Chinese coal prices are at six-year lows, and miners in Inner Mongolia and elsewhere ...

  4. Business - Commodities - DEBT

    Mongolian miner SouthGobi seeks financing as debt default looms

    Posted Mar 26th 2014, 06:34am by BLOOM

    ... Bloomberg in New York Miner SouthGobi seeks financingas default looms Mongolian coal miner SouthGobi Resources is seeking additional financing to avoid a default on US$250 million in debt, hurt by low prices and weaker-than-expected demand from Chinese buyers. Based on forecasts for this year, SouthGobi will not have enough cash flow to meet obligations including interest ...

  5. Astron re-establishes heavy minerals business in China

    Posted Mar 10th 2014, 10:51am by Reports by Mia Daughenbaugh, Christina Liedke and David Bell

    ... Reports by Mia Daughenbaugh, Christina Liedke and David Bell Astron's new headquarters at 111 Connaught Road Central in Hong Kong reflects the mineral sands mining company's big plans for China. The company used to buy zircon from miners in its homeland in Australia and modify them for the Chinese market in the early 1990s. Using its own distribution network across ...

  6. Business - Commodities - INVESTMENT

    Trust defaults seen as coal miners run into trouble

    Posted Feb 20th 2014, 01:16am by BLOOM

    ... Bloomberg in Shanghai Trust defaults seen as coal miners run into trouble The number of trust products tied to the mainland's flagging coal miners maturing this year are set to almost ... difficulties among miners including Shanxi Liansheng Energy and the failed Shanxi Zhenfu Energy Group have already emerged this year, as slowing economic growth and anti-pollution policies drive coal ...

  7. News - World - SCIENCE

    Quakes can lead to build-up of gold deposits in earth's crust, study says

    Posted Mar 19th 2013, 12:00am by AFP

    ... Agence France-Presse Quake clues point to the origin of gold deposits Solid gold can be deposited in the earth's crust "almost instantaneously" during earthquakes, said a study published in the journal Nature Geoscience. The gold is formed ...

  8. News - World - SOUTH AFRICA

    Striking South African miners open talks with platinum firms

    Posted Jan 24th 2014, 04:17pm by Reuters in Rustenburg

    ... Reuters in Rustenburg Striking miners demanding a 150 per cent wage increase have entered into negotiations with the world's top three platinum producers in Johannesburg South ... Implats said on Friday striking workers were blocking miners who wanted to report for work at its operations near Rustenburg, 120 kilometres northwest of Johannesburg. “Never a good situation ...




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