China Shenhua Energy promising outlook

Profit at China Shenhua Energy Co jumped to the highest since 2012, as strong demand and government efforts to rein in overcapacity helped bolster prices.

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Asiamet Resources completes CoW amendment negotiations

Asiamet Resources Limited (Asiamet), through its Indonesian operating subsidiary PT Kalimantan Surya Kencana (KSK), has reported that ahead of moving into the project financing and development phase for its BKM copper project in Central Kalimantan, it has successfully concluded long running negotiations with the Government of Indonesia to amend its existing KSK Contract of Work (CoW) to secure long-term mining tenure.

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