Natural resources

Fractious Asia risking conflict over resources

Russia and China signed agreements on the main terms of crude oil delivery to China and on strategic cooperation in the fields of geological exploration, production and realisation of hydrocarbons. Photo: EPA

Competition for strategic natural resources - including water, mineral ores and fossil fuels - has always played a significant role in shaping the terms of the international economic and political order.

Tuesday, 9 April, 2013, 6:05am

Impoverished Afghans look to exploit wealth below their feet

Wahidullah Shahrani, Afghanistan's Minister of Mines, is overseeing new laws. Photo: Paul Yeung

Afghanistan plans to put four or five oil and gas extraction and minerals mining projects out to tender for development this year, as the strife-ridden country reaches out to investors to help develop its vast resources.

27 Mar 2013 - 5:33am

Cambodian miner Khmer Resources plans to tap Hong Kong capital market

Cambodia's abundant natural resources are expected to attract keen interest and competition from overseas. Photo: SCMP

Khmer Resources Investment, which is backed by the Cambodian government, aims to list in Hong Kong within two years, chairman Cao Yunde said.

"We intend to leverage the capital market of Hong Kong to finance our growth through a public listing so as to maximise the benefits for Cambodia and its people," said Cao at the opening of Khmer Resources' Hong Kong office yesterday.

18 Jan 2013 - 5:27am

Investors should keep faith with Indian mining

BBH iron ore mines at Chitradurga in Karnataka, India. Photo: Reuters

Though the future of some of the world's poorest will be shaped by New Delhi's mining polices, they are already responsible for the waxing and waning of international fortunes. Stakeholders are wary of Indian decision-making, for its ethic is cloaked by byzantine politics and regulations.

14 Jan 2013 - 3:31am

Worry in Ottawa at Chinese investment in strategic natural resources

An oil refinery of China National Offshore Oil Corporation's (CNOOC) is seen in Huizhou, China's southern Guangdong province. Photo: Reuters

China Investment Corporation's reported plan to buy a stake in logging firm Island Timberlands comes amid a debate about the extent of Chinese strategic investment in Canada.

7 Dec 2012 - 4:33am

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.

Last year, Afghanistan's Ministry of Mines declared that 30 per cent of the country's land contains US$3 trillion of mineral resources. Getting the wealth out of ground, however, poses big political and security risks.

5 Dec 2012 - 3:12am

Battle to meet energy needs for residents and industry in Mongolia

Mongolians battle to get unlimited power. Photo: Kitty Hamilton

T. Nasan-Ish, 50, has just returned from a community meeting in Khanbogd in Mongolia's south Gobi desert. "We have exciting news", he says. "We're expecting to get unlimited electricity in the coming 40 days".

23 Nov 2012 - 2:42am

Into Africa: Ex-navy SEAL sets trail for investors

Investors going to Africa face political risk in some countries and the very bad transportation and infrastructure, says Erik Prince. Photo: SCMP

The man who built up Blackwater - the giant private security force that guarded US diplomats in some of the world's most dangerous places, including Afghanistan and Iraq - sees Africa as his future.

19 Nov 2012 - 12:26pm

Laos risking decades of co-operation with Mekong dam project

Thai activists and villagers protest opposite Laos. Photo: EPA

Agreement between Cambodia, Laos, Thailand and Vietnam on shared use of the Mekong River has long been hailed by the United Nations as a shining example of resource management. For 55 years, the countries have been able to shelve differences to co-operate and consult on the river's development and use of water and fisheries.

17 Nov 2012 - 1:17am

Ontario woos China mineral mining investors despite government caution

A CNOOC oil refinery in Huizhou, Guangdong province. Photo: Reuters

Ontario, the largest mining jurisdiction in resources-rich Canada, is actively courting minerals mining investment from China, which has invested more in Australia than elsewhere.

22 Oct 2012 - 4:47am

Cherish Victoria Harbour as Hong Kong's richest resource

Jennifer Cheng. Photo: Sam Tsang

As I walked down the steps to the Lei Yue Mun public pier in my swimsuit, my thoughts turned briefly to that famous black-and-white photograph of swimmers diving into Victoria Harbour, cross-harbour ferries and high rises in the background.

22 Oct 2012 - 5:42am

Biodiversity aid to double by 2015

Efforts to reverse the worrying loss of dwindling natural resources received a substantial boost yesterday when a UN conference in India agreed to double biodiversity aid to poor countries.

Governments reached a deal in Hyderabad that again saw battle lines drawn between developing and affluent states.

21 Oct 2012 - 4:48am