Asia



Puda Coal faces class-action lawsuit (May 04, 2011)

Allegations of fraud and untrustworthy financial statements that have lead to a class-action lawsuit against former stock market darling Puda Coal (PUDA-X) underscores just how risky doing business in China can be.


Woulfe Mining works towards decision at Sangdong

At its height, the Sangdong mine in South Korea was one of the largest tungsten-molybdenum mines in the world. But after a forty-year run, the mine was shut down in 1993 when the price of ammonium paratungstate (APT) fell to US$40 per metric…


Early Canaco investor buys large stake in Silvore Fox

Vancouver – A Chinese group which invested heavily in Tanzania-focused gold explorer Canaco Resources (CAN-V) just before its discovery of the Handeni gold deposit has recently added to its large interest in Nova Scotia base-metal explorer…


Where does uranium go now? (April 13, 2011)

While the environmental and social consequences of the Fukushima Dai-ichi nuclear power plant disaster rightfully remain the central focus of all onlookers, its effect on uranium prices has not gone unnoticed either. In the wake of such a…



Oyu Tolgoi to produce 3M oz. silver a year

With silver prices cruising to new heights, investor interest in the sizable Oyu Tolgoi copper-gold project in Mongolia has “prompted” Ivanhoe Mines (IVN-T, IVN-N, IVN-Q) to “more widely circulate the projections for silver production that have…


A drill crew changing a rod at Xstrata's Tampakan copper-gold project on the southern Philippines island of Mindanao. Photo by Xstrata

Charting the shoals in the Philippines

Eleven of the 81 provinces in the Philippines have either imposed moratoriums on open-pit mining projects or on the mining of specific minerals, and a twelfth is set to soon join the list, according to Allan & Associates, a security risk…



Happier days at Mediterranean Resources' Corak property in northeastern Turkey in 2007, from left: Peter Guest, then president and CEO; Ibrahim Guney, then and current general manager of Mediterranean's Turkish subsidiary Akdeniz Resources Madencilik; and Jag Sandhu, then vice-president of corporate development. Photo by Photo by John Cumming

Mediterranean shareholders force management shake-up

Dissident shareholders of Turkey-focused gold explorer Mediterranean Resources (MNR-T) appear to have forced the resignation of the company’s president and CEO, Peter Guest, aged 73. Newly appointed director Christopher Ecclestone of New York…


Navigating the shoals in the Philippines

Eleven of the 81 provinces in the Philippines have either imposed moratoriums on open-pit mining projects or on the mining of specific minerals, and a twelfth is set to soon join the list, according to Allan & Associates, a security risk…


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