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  • September 16, 2014
  • Last updated: 11:56am
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  1. News - World - NICARAGUA

    20 Nicaraguan miners rescued, 5 still missing two days after collapse

    Posted Aug 30th 2014, 07:03pm by AFP, Reuters, AP

    ... the presidential spokeswoman, said she hoped "we can find them in the coming hours". The 20 miners were pulled out one at a time using a pulley system installed late on Friday near the pit where they were trapped. WATCH: A news report of the Nicaraguan miners' rescue Most younger than 30, they were "pretty tired, exhausted, dehydrated, muddy and dirty", a photographer ...

  2. Business - China Business

    Miner plans HK$405.65m rights issue to fund real estate deal with director

    Posted Aug 19th 2014, 11:20am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com China Yunnan Tin Minerals, an iron ore miner, has proposed a HK$405.65 million rights issue to finance its acquisition of an executive director’s interests ... Sky Holdings. The deal will allow the miner to move into real estate as China Sky’s main business is the development of Jintang New City Plaza, a residential and commercial development project ...

  3. Business - Commodities

    Small miners feel pinch from rush to boost iron ore output

    Posted Jul 30th 2014, 01:25am by Reuters

    ... Reuters in Sydney High-cost iron ore producers suffer as pricesfall amid massive production by the big boys Small miners feel pinch from rush to boost output A faster-than-expected increase in iron ore production by the world's biggest miners in Australia and Brazil this year is pushing less efficient, smaller suppliers of the steel-making raw material to the edge. From ...

  4. Business - Commodities - TRADE

    Indonesia to revise mineral export tax rules

    Posted Jul 25th 2014, 01:35am by Reuters

    ... Reuters in Jakarta Indonesia to revise export tax rules on minerals Indonesia will revise its rules on mineral export taxes next month, a senior official said yesterday, paving the way for the country's multi-billion dollar mining industry to rebound after months of lay-offs and stalled exports. Deputy Finance Minister Bambang Brodjonegoro said the new rules on mineral export taxes would ...

  5. 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 ...

  6. Business - China Business - DEBT

    Chinese coal miner faces bankruptcy as cash supplies dwindle

    Posted Jul 08th 2014, 01:54am by BLOOM

    ... Bloomberg in Singapore and Shanghai Mainland firm Hidili, whose bonds are Asia's worst-performing, is searching for new funding Coal miner faces crisisas cash supplies dwindle Asia's worst-performing bond in the past year was issued by a mainland coal miner facing a critical three months as its cash holdings deplete. Hidili Industry International Development's ...

  7. News - China - ACCIDENTS

    17 miners die after being trapped underground in Xinjiang gas explosion

    Posted Jul 07th 2014, 03:12pm by AP

    ... Associated Press in Beijing More than 48 hours after the blast, Xinhua reports that the remaining miners did not survive Seventeen coal miners have died after being trapped by a weekend gas explosion in northwestern China, an official news agency reported today. The miners were trapped after an explosion at the mine on Saturday, 120 kilometres from Urumqi, the capital ...

  8. News - China

    17 coal miners reported trapped underground following blast in Xinjiang region

    Posted Jul 06th 2014, 07:56pm by Associated Press in Beijing

    ... Associated Press in Beijing Rescuers work to free 17 from Xinjiang coal mine following gas explosion after three other workers are saved Rescuers on Sunday worked to free 17 miners trapped following a gas explosion at a coal mine in western China, the country’s official news agency reported. The blast at the mine in Fukang City, 120 kilometres from Urumqi, the capital of the sprawling ...

  9. News - World - SOUTH AFRICA

    South Africa police halt peaceful strikers’ march

    Posted Sep 17th 2012, 12:51pm by Associated Press in Rustenburg

    ... Associated Press in Rustenburg South African police halted a peaceful march by striking miners without violence on Sunday, a day after firing rubber bullets and tear gas to disperse illegal protesters. Officers barricaded a main road into Rustenburg, northwest of Johannesburg, and persuaded about 500 miners that their march was illegal and that they should go home. Sunday’s ...

  10. News - World - SOUTH AFRICA

    Lonmin deal stirs more South Africa mine strife

    Posted Sep 19th 2012, 08:21pm by Reuters in Marikana

    ... since police shot dead 34 miners on August 16 outside its Marikana mine, 100 km northwest of Johannesburg. However, the deal could add 13 per cent to the company’s recurrent costs, plus ... in the mining sector have been leap-frogging inflation for years, reducing margins in the industry as productivity has struggled to keep pace. But the typical miner has several dependents to feed and so ...




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