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SUMMARY - VALE TO SPEND US$40M TOTAL TO EARN A 60% INTEREST IN THE TUJUH BUKIT SULPHIDE COPPER-GOLD PROJECT - VALE TO FREE CARRY INTREPID THROUGH TO COMPLETION OF A BANKABLE FEASIBILITY STUDY - INTREPID TO RETAIN 100% OF ITS EXISTING RIGHTS TO THE GOLD-SILVER OXIDE PROJECT WHICH HAS A CURRENT INFERRED RESOURCE INVENTORY OF 2.57 MILLION OUNCES GOLD EQUIVALENT THE TRANSACTION SPECIFIED IN THE ...
ANZ Bank has set its sights on a more ambitious sweep of acquisitions in Asia, beyond the Royal Bank of Scotland assets for which it is bidding - its small investors have presented it with a A$2.2 billion capital raising bonanza.
Recently, I watched Pride of Warriors, a documentary about resistance in West Papua. The film maker, Jono Van Hest had asked me to comment on the film’s content as he prepared it for public broadcast by Al Jazeera. Then, after an article about the ...
BRISBANE, AUSTRALIA-- - Intrepid Mines Limited is pleased to report the signing of a Heads of Agreement with Vale Exploration Pty Ltd, a wholly-owned subsidiary of Vale S.A , the world's second largest Mining Company, granting Vale an option to acquire rights to Intrepid's Tujuh Bukit sulphide copper-gold project in Indonesia Under the terms of the HOA, Vale could earn a 60% shareholding in a ...
GIVEN the logistics involved in tallying the votes of an electorate of 176 million spread across 17,000 islands and three time zones, Indonesia’s President Susilo Bambang Yudhoyono has a good three weeks still to enjoy the glow of victory foretold in the better than 60 per cent share of the presidential vote he has reportedly received in exit polls.
By Lee Wei Lian KUALA LUMPUR, July 10 — Business leaders and analysts are cautiously optimistic about the prime minister's reforms so far but the consensus is he has to do a lot more in order to achieve his goal of transforming Malaysia into a high-income nation by 2020. In his first 100 days, Prime Minister Datuk Seri Najib Razak has burnished his reformist credentials by opening up selected ...
THE many boomerangs hung on the walls reflected the Aussie theme but interestingly, the Outback Steakhouse is part of an American franchise. It was founded in 1988 in Tampa, Florida, by three partners - Chris Sullivan, Robert Basham and Tim Gannon - who had never set foot Down Under.
PETALING JAYA: IJM Corp Bhd intends to establish up to RM700mil in nominal value of commercial papers and/or medium-term notes (CP/MTN) programme and a renounceable rights issue of up to 134.93 million warrants on the basis of one new warrant for every 10 shares held.
There is speculation about a shifting role away from traditional developed nations in world power.
SHAH ALAM: QL Resources Bhd wants to triple the profit contribution from its palm oil operations by 2015 as it is bullish about the long-term growth outlook for the commodity, a top executive said yesterday.
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