Resources outlook strong: chief economist

Continuing urbanisation will drive demand for resources, Australia’s chief economist Mark Cully told the International Mining and Resources Conference (IMARC) in Melbourne this week. But while the urbanisation process in China may slow, India was accelerating in its wake, he forecast.

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Oracle to sign Pakistan MOU this month

Oracle Power expects to sign an MOU covering its combined lignite coal mine and mine mouth power plant in Pakistan later this month. The mine and power plant are proposed for Block VI of the Thar desert in the south-eastern Sindh Province of Pakistan.

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K92 identifies new area in PNG

Field work in the Blue Lake area of K92 Mining’s EL470 in Papua New Guinea has resulted in identification of a new, highly prospective exploration area. The company has identified gold-silver-copper mineralisation and hydrothermal alteration typical of that encountered in a high sulphidation epithermal system.

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Cokal appoints mine operation manager

Cokal Limited has appointed highly-experienced resource industry professional Reynold Immanuel to the new position of mine operation manager for its Indonesian coal operations. The appointment comes as Cokal continues production at its BBM Anak site in Central Kalimantan with a view to finalising its first sales contracts.

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