Indonesia mogul ready to discuss deal on Intrepid project - letter

An Indonesian tycoon who owns a big stake in a huge copper and gold prospect taken from Australia's Intrepid Mines last year is willing to resolve the ownership dispute, he said in a letter to an investor looking to oust the company's board. The...

SA may overtake Australia as India’s second-largest coal supplier

India’s rankings of its most preferred source of coal imports were expected to change dramatically this year, with South Africa poised to emerge as the second-largest supplier, officials in the world's largest coal miner, State-controlled Coal...

UK lawmakers consider probe into transparency of mining firms

Britain's parliament will this week consider whether to probe the transparency of oil and mining firms listed in London, an issue highlighted by corruption probes at emerging market miners which lawmakers fear have dented the stock market's...

Freeport Indonesia mine should stay shut to probe tunnel collapse - union

Freeport McMoRan Copper & Gold Inc's Indonesian copper mine should remain closed for an investigation into a tunnel collapse that has left five dead and 23 missing, a trade union leader said on Friday. Thirty-nine workers were attending an...

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Freeport Indonesia mine shut for second day, 5 dead

Operations at Freeport-McMoRan Copper & Gold Inc's Indonesian mine remained halted for a second day, as rescuers raced to find 23 workers still trapped underground after a training tunnel collapse at the world's No.2 copper mine. Thirty-nine...

Freeport Indonesia suspends mine operations after tunnel collapse - source

The Indonesian unit of Freeport-McMoRan Copper & Gold suspended operations at the world's second-largest copper mine on Wednesday, a source with knowledge of the matter said, after a training tunnel collapsed the previous day. Four mine workers...

Australia's Intrepid defends bid to reclaim Indonesia gold project

Australia's Intrepid Mines urged shareholders to reject a bid to oust the board on Tuesday but offered no new information on how it plans to try to win back an 80% interest in a huge copper and gold prospect in Indonesia. Intrepid set a June 20...

India’s lignite miner NLC to import coal for thermal power projects

Indian miner Neyveli Lignite Corporation (NLC) was set to start coal imports, as its power plants, which were aimed at diversifying the company’s project portfolio, neared completion. Coal imports would start at one-million tonnes a year and...

India federal govt to decide on giving iron-ore license to POSCO – court

India's federal government will decide if South Korean steelmaker POSCO can have preferential access to an iron ore mine for its planned $12 billion steel plant, a top court said, providing a boost to the troubled project billed as the country's...

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What’s On provides you with information about conferences, exhibitions, seminars, training courses and other events pertaining to general industry and the mining sector. To include information about an upcoming event, e-mail...

Sumatra raises A$20m for Tembang development

Metals developer Sumatra Copper & Gold is looking to raise some A$20-million through a rights issue to underpin the development of its Tembang gold/silver project, in Indonesia. Under the fully underwritten rights issue, Sumatra would issue some...