Australian court rules against Citic in iron royalties dispute with Mineralogy

Australian mining tycoon Clive Palmer. Photo: Reuters

In the course of a lawsuit, Australian tycoon Clive Palmer dropped his demand that a mining agreement signed between Citic and his firm, Mineralogy, in 2006 be terminated, eliminating the risk that Citic would be kicked out of the operation.

Thursday, 23 May, 2013, 3:43am

Citic Pacific in legal dispute with tycoon over iron-ore payments

Citic Pacific

Citic Pacific's shares slumped yesterday after it revealed it is in a legal dispute with Australian mining tycoon Clive Palmer over the payment of royalties, adding more uncertainties to its much-delayed and over-budgeted iron-ore project in Australia.

21 Nov 2012 - 2:32am

The day I met a caveman

During the holidays, my family and I went to Queensland in Australia. While driving to Port Douglas, we passed a sign to The Crystal Caves and decided to stop and take a look. It turned out to be a fascinating trip.

3 Sep 2011 - 12:00am

The WOW factor

Leave an impression

10 Jul 2011 - 12:00am

Heaven on the beach

Who wouldn't want to hide away in Queensland's beautiful Whitsundays, gateway to the Great Barrier Reef?

29 Oct 2010 - 12:00am

Chasing rainbows

Expert advice on watches and jewellery

Jewellery featuring precious stones has moved to the forefront of fashion in recent years. As the bling culture became de rigueur for rappers and hip-hop stars, fashionistas chose coloured gems instead, using them to complement the latest trends off the catwalks.

5 Jun 2006 - 12:00am

Art of stones

Florals are all the rage this spring (just look at Gucci's collection), and Carat, known for its high-end simulated gemstones, has caught onto the trend. The Flower Power line consists of fancy coloured stones, in pink sapphire, blue topaz, chocolate and aquamarine colours, set in gold in a range of designs that includes earrings, necklaces and rings.

26 Feb 2006 - 12:00am


Director George Lucas has answered the faithful with the last instalment of the Star Wars series - he has breathed life into a tale that had looked to have lost its lustre after the disappointments that were Episodes I and II.

18 May 2005 - 12:00am

Bidding treat for art and jewellery fans

Holding the rare Burmese ruby up to the light, Christie's jewellery expert Vickie Sek tried to explain why the blood-red gem was expected to fetch up to $12 million at auction.

'Just look at it,' she said, her voice full of wonder. 'It is just so beautiful and so rare. It makes me feel so satisfied. And yet I can't take my eyes off it.'

22 Sep 2004 - 12:00am

Fabulous treasure trove lures traders from across the globe

World-class jewellery exhibition is bigger and better than ever

MORE THAN 1,900 exhibitors and 33,000 visitors are expected to attend the Hong Kong Jewellery and Watch Fair, organised by CMP Asia, for five days of wheeling and dealing in fine jewellery, pearls and gemstones at the Convention and Exhibition Centre from today until Thursday.

19 Sep 2004 - 12:00am

Ask Mr Brain...all will be explained

Did people really use flint to start fires? They have indeed done so in many places.

Flint is not a specific mineral name but a jargon term for several glassy minerals, such as chalcedony. Striking flint against flint will occasionally yield a spark, but it is better to strike it against a piece of metal.

13 Mar 2000 - 12:00am

Interest in gems leads US institute to expand

A leading American institute involved in the study of precious stones has doubled the size of its Hong Kong premises to accommodate more students and professionals.

The president of the Gemological Institute of America in Hong Kong, Lorenzo Yih Yu-chuan, said the expansion reflected increasing demand for quality gemological education.

7 May 1998 - 12:00am

Fake emerald discovery led to gem of a career

While working as a jewellery designer in the New York store, Macy's, Celenia Chiu Veng-si stumbled into the science of gemology. She suspected a customer's brilliant green and incredibly costly emerald from Colombia might be fake, and discovered after sending it to the Gemological Institute of America that it was. 'I didn't ask how much it cost,' she says.

31 Mar 1998 - 12:00am

Handing out information keeps material girl busy

It is not just the souvenir manufacturers who have stepped up production in recent weeks, the Government has gone into publicity overdrive, churning out reams of briefings and glossy booklets.

17 Jun 1997 - 12:00am

Seminars on China, design

AS in previous years, a major feature of this fair will be the opportunity to hear experts on various specialised areas of the jewellery field speak in a series of seminars.

17 Sep 1995 - 12:00am