Mineral resources

China takes a bold step in Afghanistan

A miner unloads coal from donkeys at a mine north of Kabul. Photo: AFP

While the West is pulling out of Afghanistan, China is scouting out the strife-torn country's natural resources, estimated to be worth trillions of US dollars.

Wednesday, 5 December, 2012, 3:12am

Rwanda's drive into Congo has grim ring of familiarity

A Congo government policeman hands in his weapon to M23 rebels in Goma, Congo. Photo: AP

History is repeating itself yet again in eastern Congo. Rebels supported by Rwanda are on the march. Civilians are fleeing. And higher powers appear to be taking sides.

22 Nov 2012 - 4:08am

Minimums set on China shale gas exploration

154 bids were received for three-year shale gas development rights on 20 areas covering 20,002 square kilometres. Photo: Reuters

Winning bidders at auctions for the second round of shale gas development rights will be asked to surrender their rights if they fail to invest at least 30,000 yuan (HK$37,200) per square kilometre of exploration area annually, according to an official at the Ministry of Land and Resources.

7 Nov 2012 - 3:36am