mining

In print this week

Dynamics of ISR’s rare earth deal have changed

(Aug 14): The price at which ISR Capital will acquire a major stake in a rare earth mining concession in Madagascar has been slashed by more than 88% to $4.52 million, which is less than what the vendor paid for it in late 2015. And, a third independent v
From Google Drive

Startups, Entrepreneurs, Digital economy

These companies are riding on the cryptocurrency rush

(June 9): Mining references generally evoke images of picks and shovels.

Results

AusGroup swings back to profitability with $3.4 mil of 3Q earnings on lower costs

SINGAPORE (May 12): AusGroup, the integrated solutions provider to the energy, industrial and mining sectors across Australia and Southeast Asia, posted earnings of A$3.3 million ($3.4 million) for the third quarter ended March 31 – reversing from its l
Since 2011, CNMC has steadily increased its gold production yearly to an all-time high of 31,206 ounces of fine gold in 2015

Portfolio returns at 4.7% so far; CNMC Goldmine latest addition

SINGAPORE (Feb 24): The unveiling of Budget 2017 on Feb 20 brought little cheer to Singapore investors. The Straits Times Index declined 10.96 points on Feb 20 and another 2.5 points on Feb 21, closing at 3,094.19 points. Still, the STI is up 0.8% over th

Commodities

Rio Tinto rewards investors as profit rebounds on iron ore rally

(Feb 8): Rio Tinto Group will pay a much higher dividend than expected and buy back US$500 million ($708.8 million) of shares after the world’s second-biggest mining company reported the first gain in annual profit since 2013.

In print this week

GEARing up to ride the big coal price run

SINGAPORE (Dec 16): After being suspended for 18 months, shares of Golden Energy and Resources (GEAR) are currently trading at a bargain compared with those of other Indonesia-based coal miners.

Results

CSE Global reports 53% drop in 3Q earnings to $4 mil on lower revenue

SINGAPORE (Nov 9): CSE Global posted a 52.7% drop in earnings for 3Q16 to $4 million from a year ago on the back of lower revenue.

Navigating Myanmar’s new business landscape

SINGAPORE (Nov 1): As Myanmar undergoes a democratic transition, three trends are emerging from its new investment landscape under the new government, says OCBC in a report, This includes the Myanmar Investment Law which could be a game changer for busine

In print this week

Tin brings shine to sunset industry of mining and refining

SINGAPORE (Sept 30): Soaring tin prices have provided a big boost to Malaysia Smelting Corporation (MSC), a subsidiary of Straits Trading Co and the world’s second-largest supplier of refined tin.

Civmec’s new divisions deliver $31 mil worth of contracts; poised for more

SINGAPORE (29 Sept): Civmec’s two new divisions, Maintenance and Refractory, have delivered about A$30 million ($31.3 million) in revenue through various shutdown projects.
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