Centerra earnings shrink on Kumtor performance (January 31, 2006)
Lower head grades at the Kumtor gold mine in Kyrgyzstan increased production costs at Centerra Gold (CG-T) in 2005,…
Asia
Ivanhoe tables Oyu Tolgoi open pit reserves
Vancouver – Previous resource calculations on Ivanhoe Mines’ (IVN-T, IVN-N) planned open pit deposits at Oyu Tolgoi…
Ivanhoe cuts Olympus ties, Phuoc Son Ok’d (January 27, 2006)
Having disposed of its 19% stake in Olympus Pacific Minerals (OYM-V, OLYMF.O) in the summer, Ivanhoe Mines (IVN-T, …
Rio Tinto, Norilsk set up JV (January 27, 2006)
Early details are sketchy, but Rio Tinto (RTP-N, RIO-L, RIO-A) and Norilsk Nickel (NILSY-O) have signed a cooperati…
Centerra sees big reserve increase at Kumtor
Centerra Gold (CG-T) has significantly increased the reserve at its Kumtor gold mine in Kyrgyzstan, thanks to a min…
Crosby tries again for Tethyan (January 18, 2006)
Having gone nowhere with an earlier bid for Tethyan Copper (TYC-A), Hong Kong merchant bank Crosby Capital (CSB-L) …
Phelps Dodge and TVI mull joint venture
Vancouver – A letter agreement between TVI Pacific (TVI-T) and Phelps Dodge (PD-N) allows the copper giant to fund…
Mongolian government dissolved (January 16, 2006)
Vancouver – The pull out of the Mongolian People’s Revolutionary Party (MPRP) from the country’s ruling coalition h…
Reko recalculated (January 12, 2006)
A new resource estimate from Tethyan Copper (TYC-A) on the Reko Diq copper project in Balochistan province, Pakista…
Southern Arc inks Indonesian deal with Newmont
Vancouver – A newly inked agreement with Newmont Mining (NMC-T, NEM-N) sets the stage for Southern Arc Minerals (…
Two Kyrgyz gold licences in doubt
The government of Kyrgyzstan has annulled mineral licences for properties held by London-listed Oxus Gold (OXS-L) a…
Does China’s bite into unsafe mining have teeth?
After years of ineffectualness the Chinese government appears to be getting tough about coal-mining safety. On …