MONGOLIA - Ex-OT CEO joins Kincora

Kincora Copper has hired the former CEO of the Oyu Tolgoi copper mine in southern Mongolia to its advisory board. Cameron McRae, who was until recently the president and chief executive of Oyu Tolgoi, the operating company behind the Rio Tinto-backed mine, joins Kincora to help with stakeholder relations, including with the government.

Read more ...

CHINA - CDH takes Eastern Dragon stake

Leading Chinese private equity company, CDH Investments, will acquire a 20% interest in Eldorado Gold’s Eastern Dragon project in Heilongjiang province, northeast China, for cash consideration of US$40 million.

Read more ...

INDONESIA - Churchill clear to pursue damages

Churchill Mining advises that the International Centre for Settlement of Investment Disputes (ICSID) arbitral tribunal, comprising Professor Gabrielle Kaufmann-Kohler (president), Michael Hwang SC (arbitrator) and Professor Albert Jan van den Berg (arbitrator), has rejected the Republic of Indonesia’s challenges to the Tribunal’s jurisdiction.

Read more ...

INDONESIA - Rusal and Arbaya in partnership

Global aluminium producer UC Rusal has signed a Memorandum of Understanding (MoU) with PT Arbaya Energi to enter into a strategic partnership in the exploration and mining of bauxite and production of alumina in West Kalimantan.

Read more ...

Resource Center Whitepapers, Videos, Case Studies