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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
August 14, 2017
Startups, Entrepreneurs, Digital economy
These companies are riding on the cryptocurrency rush
(June 9): Mining references generally evoke images of picks and shovels.
June 09, 2017
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
May 12, 2017
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
February 24, 2017
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.
February 08, 2017
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.
December 16, 2016
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.
November 09, 2016
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
November 01, 2016
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.
September 30, 2016
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.
September 29, 2016