Cultural differences threaten Asian mining progress

Cultural differences in Asia pose the greatest risk to nurturing new mining projects in the region as it enters a period of unique resource-intensive demand, according to a leading Australian broking house. Addressing the second day in Perth of the 2007 Paydirt Asia Pacific DownUnder Conference, D J Carmichael’s Head of Research, Paul Adams, said most existing […]

Southern Gold likes Cambodia

Adelaide-based Southern Gold has not ruled out further exploration project acquisitions in Cambodia. Addressing the first day in Perth today of the 2007 Paydirt Asia Pacific DownUnder Conference, Southern Gold’s Managing Director, Stephen Biggins, said the Company had no intention of “sitting still” on its initial foray into Cambodia’s gold and base metals prospects. “We believe there […]

Breaking the Asian bribery culture

Countries to Australia’s north and Australian miners operating in the region have been warned they must move to entrench anti-bribery processes as part of their corporate culture. This would present a particular challenge when operating in a region where perceptions of bribery and corruption are strong - but failure to do so would impact the […]

Chevron Mining: coal and molybdenum

A timely reminder for all of us that thought oil companies were out of the mining business long ago comes from Chevron Mining. The Pittsburg & Midway Coal Mining Co (P&M) and Molycorp, both subsidiaries of Chevron Corp, recently announced the formation of a new diversified mining company called Chevron Mining. The company said the […]

Global gold output rises as China pursue’s world leadership

At the 4th Precious and Base Metals Seminar in London last week, GFMS presented its half-year findings at the launch of Gold Survey 2007 - Update 1. Executive Chairman Philip Klapwijk noted an overall rise in global gold mine production for the six months to June of almost 3% year-on-year.
Dominating the global shift, remarkable growth […]

Bateman continues to expand

Bateman Engineering has signed a definitive agreement to acquire the Mining Process division of Intertech Trading Corp.  The acquisition is expected to be completed shortly. Intertech is incorporated in the US but operates primarily in the CIS. Intertech’s Mining Process division supplies small to medium size turnkey metal and mineral processing plants and sells process equipment […]

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