March 12, 2012

Vedanta weaving nest for migratory children in Nilgiri

In India, a large part of the contract or daily wage labour move from one state to another for want of work.

March 11, 2012

Indonesia’s Rule No. 24 likely to embolden other nations to grab more from mining

Indonesia surprised the global mining community last week after a new rule – Government Regulation No. 24 of 2012 – was quietly announced on the mining ministry's website. A growing…

March 11, 2012

Diamonds surpassing gold as Indian investors’ key target

Times of India reports that diamonds have surpassed gold in the country as key objective for investment, particularly among wealthy individuals who are wary of the volatility in the prices…

March 11, 2012

BRIIC is a better BRIC

For a variety of reasons, Indonesia has earned the right to be considered as a premiere destination for emerging market investment.

March 9, 2012

Reliance puts the record straight on new Indonesia mining law, but not before investors take it down 11%

Reliance Resources on Friday issued an update in relation to the recently announced Indonesian Government Regulation No. 24 of 2012, regarding foreign ownership of mining projects after its share price…

March 9, 2012

Mongolian politics pushes stake sale of massive coal mine further out

Mongolia's plans, first mooted in 2010, to sell a stake in its Erdenes Tavan Tolgoi coal-mining company  to the public faces more delays over politics and regulatory problems while talks with…

March 9, 2012

Snowden assists Mongolia to develop an internationally recognised mineral reserve and resource classification system

Mongolia saw the requirement for the establishment and implementation of a public reporting code for exploration results, mineral resources and ore reserves, in line with other globally recognised codes, to…

March 8, 2012

Indonesia mine rule applies to all, not just aimed at Freeport – minister

The country's deputy energy and mining minister says the new regulation that changes the rules on foreign ownership of mines applies to all companies and is not aimed specifically at…

March 7, 2012

Indonesia rule change rattles foreign mine owners

Indonesia will take more of the profits from its vast mineral resources by limiting foreign ownership of mines in a move likely to scare off new investment in the world's…

March 5, 2012

Rio Tinto to invest $2bn in Indian iron ore project

Rio Tinto plans to invest $2 billion in an iron ore project in the eastern Indian state of Orissa to supply Indian and overseas clients, Sam Walsh, head of the…