IN the wake of fresh concerns over the strength of the Chinese economy, the global iron ore price continues to spiral downwards from almost US$116 per tonne six months ago to just above $82, taking the bulk commodity to a new two-year low. Of the majors, Australia’s Fortescue Metals Group has performed poorly given the company’s sole exposure to iron ore.
THE Djakarta Mining Club and Coal Club Indonesia joined forces in Jakarta on April 16 for a special networking event to celebrate the first anniversary of the founding of both clubs. More than 140 attended the function held at the Gran Melia Hotel.
THE two Indonesian mining clubs organized by Mining Media International, publishers of The ASIA Miner, Coal Age Indonesia and Engineering & Mining Journal, celebrated their first anniversary with a special joint networking function in Jakarta on April 16.
Updated: 17 October 2015 to show date change, see 'Sumatra Miner 2014 postponed' article here.
Preparations are progressing well for the inaugural Sumatra Miner conference and exhibition which will be held at the Aryaduta Hotel in Palembang, South Sumatra, from March 4-6, 2015. The event is being organized by Mining Media International, publishers of The ASIA Miner, Coal Age Indonesia and Engineering & Mining Journal.