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Friday
10 September 2010
Make PNG my HomePage
ASIA STORIES
[ 740 Results - Showing Results 1 to 30 ]
Panax planning to heat up Indonesia
(Friday, 20 August 2010)
PANAX Geothermal has firmed up its Indonesian geothermal plans by signing a binding terms sheet agreement with Indonesia’s Bakrie Power to pursue brownfield geothermal opportunities in the country.
Full Story...
Come and talk deals: Barrick
(Friday, 6 August 2010)
BARRICK Gold has reiterated its message to Australia’s junior mining sector that the company is “open for business”, with Barrick Asia-Pacific president Gary Halverson again inviting delegates to this week’s Diggers & Dealers conference to talk to the company about projects.
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Kingsgate on the hunt
(Friday, 6 August 2010)
KINGSGATE Consolidated is on the acquisition hunt and has plans to fill the void among Australia-listed gold plays left by Newcrest Mining’s takeover of Lihir Gold.
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AED seeks partner for Rombebai
(Friday, 30 July 2010)
AED Oil has begun a formal search for a farm-in partner for its Rombebai project in Indonesia.
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Tap’s Brunei drilling delayed
(Friday, 23 July 2010)
TAP Oil has pushed back the drilling of its first well in Block M, Brunei, until mid-August after some critical rig components were found to be defective.
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Nido, Kairiki to start Tindalo-1 workover
(Friday, 23 July 2010)
NIDO Petroleum and Kairiki Energy are moving to carry out a workover on the Tindalo-1 well in the offshore Palawan Basin, Philippines, to decrease or eliminate the watercut that represents 70-80% of current liquid production.
Full Story...
AED hoping for Brunei blockbuster
(Friday, 16 July 2010)
AED Oil is hoping to repeat the success of its first exploration well in Block L, Brunei, with the spudding of the second well, Lempuyang-1, as part of its phase one exploration program.
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Jatoil’s biofuel takes off
(Friday, 9 July 2010)
RENEWABLE energy company Jatoil’s coffers are expected to receive a boost after the company sold its first commercial quantity of crude jatropha oil several months earlier than expected.
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Tampakan under threat as ban approved
(Friday, 2 July 2010)
THE future of the $US5 billion ($A5.9 billion) Tampakan copper-gold development remains in limbo after Australia-based stakeholder Indophil Resources advised that a ban on open pit mining on the Philippines island of Mindanao had been approved.
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Peak sets eyes on Cadlao
(Friday, 2 July 2010)
ANOTHER Australian company is poised to have a go at the Cadlao oil field in the Palawan Basin, Philippines, after Strike Energy decided against a farm-in with field owner Blade Petroleum in March.
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Court rules in favour of Oilex
(Friday, 2 July 2010)
THE International Court of Arbitration of the International Chamber of Commerce has ruled in favour of Oilex in its $US4.6 million ($A5.3 million) claim against PT Asiabumi Petroleo.
Full Story...
Indophil, Zijin call off deal
(Friday, 25 June 2010)
INDOPHIL Resources is reopening talks with interested parties over the sale of its stake in the $US5 billion ($A5.7 billion) Tampakan copper-gold project in the Philippines after announcing its $A545 million friendly takeover deal with Zijin Mining Group was now off the menu.
Full Story...
Proposed ban threatens Tampakan development
(Friday, 18 June 2010)
AN outgoing provincial governor is threatening to ban open pit mining on the Philippines island of Mindanao, potentially derailing one of Southeast Asia’s largest undeveloped copper and gold developments.
Full Story...
Neon winds up offshore Vietnam seismic shoot
(Friday, 18 June 2010)
NEON Energy has wrapped up its first offshore operations campaign with the completion of a 2D seismic program in blocks 120 and 105-110/04, offshore Vietnam.
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Tindalo flow beats expectations
(Friday, 11 June 2010)
NIDO Petroleum and Kairiki Energy are enjoying the fruits of their work after the Tindalo-1 well in the offshore Palawan Basin, Philippines, flowed at a rate of 18,689 barrels per day of oil during drill stem testing.
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Grades augur well for Central Jampang
(Friday, 11 June 2010)
HIGH-grade hits north of the main Lipi zone at Augur Resources' Central Jampang project in Indonesia may indicate a significant extension to the system.
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Romang Island delivering for Robust
(Friday, 11 June 2010)
DRILLING at Robust Resources’ Batu Mas prospect on Romang Island continues to return high-grade gold and silver intersections and extend the identified zones of known mineralisation.
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Tindalo partners step closer to first oil
(Thursday, 20 May 2010)
THE SC54A joint venture is a step closer to delivering first oil from the Tindalo-1 well in the offshore Palawan Basin, Philippines, with tie-back and riser installation operations complete.
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More records tumble at CGA
(Friday, 14 May 2010)
CGA Mining says the improved performance of the plant at its flagship Masbate gold project in the Philippines has resulted in record throughput.
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KrisEnergy extends relationship with Neon
(Friday, 7 May 2010)
EXPLORATION work on Neon Energy’s Block 105 in the Song Hong Basin, offshore Vietnam, will be fast tracked after the company signed a farm-out agreement for a portion of the block to Singapore-based KrisEnergy.
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Robust buys out Indo project
(Friday, 30 April 2010)
ROBUST Resources will pay $A20 million for the remaining 25% stake in its Romang Island gold and base metals project in Indonesia, announcing the deal to snap up the rest of the asset this morning.
Full Story...
Indonesia next on Ethan’s agenda
(Friday, 30 April 2010)
ETHAN Metals has inked a deal with Indonesian miner PT AL Maruf that will see the Perth-based explorer develop the Gold Tiger Mining Concession Area in Central Kalimantan, Indonesia.
Full Story...
Mechanical issues hit Interra’s production
(Friday, 30 April 2010)
MECHANICAL problems with lifting equipment as well as transportation of oil and storage facilities has seen production from Interra Resources’ Tanung Miring Timur oil field in South Sumatra fall 11% for the March quarter.
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Otto pushing ahead in SC55
(Friday, 30 April 2010)
OTTO Energy has received approval from the Philippine Department of Energy for amendments to the work program and budget within Service Contract 55 in the offshore Palawan Basin.
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Cue receives strong interest for Carnarvon permit
(Friday, 23 April 2010)
CUE Energy is evaluating significant offers from international companies to farm-in to WA-389-P in the Carnarvon Basin which has the potential to contain multiple trillion cubic feet of gas in Triassic reservoirs.
Full Story...
Newcrest still on gold target
(Friday, 23 April 2010)
IT’S still possible for Newcrest Mining to meet its gold production targets for the financial year, but commissioning problems at the Hidden Valley mine in Papua New Guinea means production will be at the lower end of the company’s guidance.
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Another record-breaking quarter for Medusa
(Friday, 16 April 2010)
MEDUSA Mining has posted its ninth consecutive quarter of record gold production from its flagship Co-O mine in the Philippines.
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Intrepid hits new porphyry zone
(Friday, 16 April 2010)
PRECIOUS and base metal explorer Intrepid Mines has intersected significant gold and copper in a new zone of porphyry mineralisation at its Tujuh Bukit project in Indonesia.
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Masbate breaks records
(Friday, 9 April 2010)
CGA Mining says its flagship Masbate gold operation in the Philippines has notched up its highest ever month of production for March.
Full Story...
TG World joins Nido, Kairiki in SC54A
(Friday, 12 March 2010)
NIDO Petroleum and Kairiki Energy have finalised their funding strategy for the Tindalo development in the Philippines after farming out a part of their interests in SC54A to Calgary-based TG World Corporation.
Full Story...
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