ABN Newswire

Mining Risks Summit: Taxation and Royalties - How the Landscape is Changing

newsroom@abnnewswire.net — Tue, 4 Sept 2012 10:13:26 GMT

"Taxation And Royalties - How The Landscape Is Changing" will be the keynote session at this year's mining risk summit, with expert speakers from Control Risks, KPMG and TD Asset Management leading the discussion.

Regional views from Quebec, China, Africa, Latin America, Indonesia and Mongolia will be shared by a diverse group of experts, discussing business risks within the mining industry.

This year's Mining Business Risks Summit, organised by The Fraser Institute and CRU, will also include interactive workshops on the following topics:

- "Alternative Measures and Predictors of Commodity Price Volatility"
- "Implementing Sustainable Reporting Systems",
- "Corruption - the Rise and Rise of the Shadow Economy"

Dominic Halahan of CRU says: "A unique opportunity to discuss 'above the ground' mining business risks and their interrelationship. Delegates from mining companies, governments and other important stakeholders will discuss the social and political risks derived from building and operating mines to better understand how to mitigate these complex and interrelated challenges. The most fascinating event I attend by far!"

Register for 2nd Mining Business Risk Summit
TORONTO, Canada, 1-2 November 2012
http://www.crugroup.com/events/miningrisks/registration

About the Fraser Institute

The Fraser Institute is an independent Canadian public policy research and educational organization with offices in Vancouver, Calgary, Toronto, and Montreal and ties to a global network of 80 think-tanks. Its mission is to measure, study, and communicate the impact of competitive markets and government intervention on the welfare of individuals. To protect the Institute's independence, it does not accept grants from governments or contracts for research.

Paul Chapman (CRU Group)
E: paul.chapman@crugroup.com
TEL: +44-20-7903-2236
W: http://www.crugroup.com/

Marielle Gourlay (The Fraser Institute)
E: marielle.gourlay@fraserinstitute.org
TEL: +1-416-363-6575 ext. 221
W: http://www.fraserinstitute.org/

Asian Activities Report for December 16, 2011: Asahi Glass Co., Ltd. (TYO:5201) to Establish a New Cathode Materials Production and Sales Site in China

newsroom@abnnewswire.net — Fri, 16 Dec 2011 12:18:30 GMT

Asahi Glass Co., Ltd. (TYO:5201) will establish a new cathode materials production and sales site in China for lithium-ion batteries used in mobile devices and electronic vehicles. Asahi Glass will acquire a 51% interest in a Chinese cathode materials manufacturer, with production scheduled to start around April 2012. This will approximately double the current production capacity of Asahi Glass for cathode materials.

FUJIFILM Holdings Corporation (TYO:4901) has signed a definitive agreement to acquire all outstanding shares of SonoSite, Inc. (NASDAQ:SONO) for approximately US$995 million. This transaction will bring together the complementary strengths of Fujifilm's high-quality imaging technologies and SonoSite's pioneering point-of-care expertise and miniaturization capabilities, to drive the development of next generation medical imaging solutions.

Kobe Steel, Ltd. (TYO:5406) plans to increase the production capacity of its Chinese subsidiary which makes aluminum forgings for automotive suspensions. Kobe Steel will install an additional forging press and melting and casting equipment at its Chinese subsidiary. Total investment is anticipated to reach 4.5 billion yen and operations are expected to begin in March 2013.

Eisai Co., Ltd. (TYO:4523) has received approval from Health Canada for Halaven(TM), a novel anticancer agent for metastatic breast cancer patients who have previously received at least two chemotherapeutic regimens. Eisai will now begin preparations for the launch of Halaven(TM) with a view to commencing sales of the product in Canada during the fiscal year ending March 31, 2012.

Qiubei Fu
Asia Business News
Tel: +61-2-9247-4344
http://www.abnnewswire.net

Asian Activities Report for December 15, 2011: DeNA (TYO:2432) and Alibaba Cloud Computing to Form Strategic Alliance in China

newsroom@abnnewswire.net — Thu, 15 Dec 2011 11:00:46 GMT

DeNA Co., Ltd. (TYO:2432) has agreed to form a strategic alliance with Alibaba Cloud Computing ("AliCloud"), a subsidiary of China's Alibaba Group to provide DeNA's Mobage social gaming platform to consumers and developers in China. The two parties will work together to bring Mobage to Chinese consumers on Aliyun OS-based smartphones in early 2012. In addition, DeNA will make the company's proprietary ngCore game engine available and easily accessible to Chinese game developers through AliCloud's cloud services.

Marubeni Corporation (TYO:8002) has agreed to acquire a 40% equity interest in APT Allgas Energy Pty Ltd ("Allgas"), a wholly owned subsidiary of APA Group (ASX:APA) in Australia. APA is a major energy company involved in the ownership, operation and management of gas pipelines and gas distribution networks throughout Australia. Through its interest in Allgas, Marubeni will become the first Japanese corporation to participate in the gas distribution network business in Australia.

Japan Airlines and WestJet Airlines (TSE:WJA), a low-cost airline in Canada have signed a codeshare agreement which will place the "JL" flight indicator on WestJet-operated flights between Vancouver and six Canadian cities - Calgary, Edmonton, Kelowna, Montreal, Toronto and Winnipeg, from December 15, 2011. The agreement will expand the total number of Canadian cities in Japan Airlines' network from three to seven.

Sumitomo Chemical Co., Ltd. (TYO:4005) and Nabaltec AG (ETR:NTG) of Germany have been in discussions about collaborating on their Alumina and Aluminum Trihydroxide businesses. The companies have agreed to start collaborating first in the commercial area. Beginning December 1, 2011, Nabaltec will be supplying Sumitomo Chemical an exclusive grade of fine precipitated Aluminum Trihydroxide for sale in East Asia.

Qiubei Fu
Asia Business News
Tel: +61-2-9247-4344
http://www.abnnewswire.net

Asian Activities Report for November 28, 2011: Toyota Motor Corporation (TYO:7203) Unveils Newest Sports Car "86"

newsroom@abnnewswire.net — Mon, 28 Nov 2011 12:00:43 GMT

Toyota Motor Corporation (TYO:7203) has unveiled its newest model of sports car "86", the world's smallest mass-production four-passenger sports car, designed to achieve superior handling and driving enjoyment. Jointly developed by Toyota Motor and Fuji Heavy Industries (TYO:7270), the sports car is expected to be released to the market in the spring of 2012. The price is undecided.

United Company Rusal Plc ("UC RUSAL") (HKG:0486), the world's largest aluminium producer, has signed a share purchase agreement with China North Industries Corporation ("NORINCO") under which UC RUSAL has agreed to purchase a 33% stake in Shenzhen North Investments Corporation Limited, a trading affiliate of NORINCO specializing in aluminium, alloys and other non-ferrous metals. This acquisition is expected to enhance the effective promotion of RUSAL's products in the Chinese market.

Bathurst Resources Limited (ASX:BTU) announces its first export shipment of coal from the Buller Project. The shipment left Westport over the weekend bound for the Port of Taranaki where it will be discharged pending a bulk shipment to the final customer in Asia.

Australian resources company GBM Resources Limited (ASX:GBZ) has discovered broad zone of Rare Earth Element and Yttrium mineralisation at the Milo Project. Drilling has confirmed that the mineralisation is open along strike and at depth. The Company is planning to commence a Scoping Study at the Milo Project.

Asia Business News
Tel: +61-2-9247-4344
http://www.abnnewswire.net

Asian Activities Report for November 4, 2011: Gascoyne Resources (ASX:GCY) Announces More Outstanding Gold Results from Glenburgh Project

newsroom@abnnewswire.net — Fri, 4 Nov 2011 12:00:24 GMT

Gascoyne Resources Limited (ASX:GCY) announces more outstanding drilling results from its 100% owned Glenburgh gold project in Western Australia. Significant high grade gold mineralisation, including 14 metres at 8.9 grams/tonne gold, was returned from the Zone 126 deposit, extending the deposit a further 60 metres down plunge. The Company will commence step out drilling to target high grades at greater depths.

Ceramic Fuel Cells Limited (ASX:CFU), a leader in developing solid oxide fuel cell technology to provide electricity from natural gas, has raised AUD 5.9 million through an institutional placement and a share subscription with an existing UK private investor. The Company will also launch a rights issue and offer to existing investors to raise a maximum of AUD 21.7 million. The funds raised will enable the Company to increase volume production of its products and match the demand from the volume orders it has started to receive.

MHM Metals Limited (ASX:MHM) has secured its first overseas processing contract for the supply of feedstock to MHM's first US salt slag and black dross processing facility. The five year contract has been structured as a tolling arrangement, where a fixed price per tonne is charged to the customer with MHM returning aluminium and flux to the customer while retaining ownership of recovered aluminium oxide. This is a significant development for MHM, marking a milestone in the global expansion for its aluminium waste recycling technology.

Magna Mining NL (ASX:MAN) has received official confirmation that the tin, copper and gold tailings in Far Eastern Russia have now been released for economic exploitation. The Company will visit the region to finalise discussions and submission of its project application by the end of November 2011. The proposed project is located within the Khabarovsk territory, one of Russia's largest administrative regions and historically the most important tin mining region in Far Eastern Russia.

Asia Business News
Tel: +61-2-9247-4344
http://www.abnnewswire.net

Asian Activities Report for September 6, 2011: Australia Minerals and Mining Group (ASX:AKA) Successfully Produced Alumina from 150 Million Tonne Kaolin Resource

newsroom@abnnewswire.net — Tue, 6 Sept 2011 12:00:05 GMT

Australia Minerals and Mining Group Limited (ASX:AKA) has successfully produced alumina from a sample of the company's 150 million tonne kaolin resources at the Meckering project. A 20 kilogram crude kaolin sample from the project was supplied to a Chinese technology holder for processing, and produced 1.06 kilograms of 99% metallurgical grade alumina and 86 grams of 99.99% high purity alumina. The Company is currently carrying out a technical marketing study for a range of potential kaolin-based products, and looking for customers and joint venture partners in China, India, South-East Asia and the USA.

UXA Resources Limited (ASX:UXA) announced up to 690ppm eU3O8 strongly anomalous uranium values from the first phase drilling at the Nabarlek North Joint Venture project in the Northern Territory. Geochemical samples have been collected from all anomalous zones and submitted for multi-element assay to identify any other metal anomalism. A second phase 1,700m drill program is being planned to follow up phase one results.

Saracen Mineral Holdings Limited (ASX:SAR) has completed an update of its JORC-compliant Mineral Resources and Ore Reserves statements with total Resources (Measured, Indicated and Inferred) increasing 10% to 3.6Moz of gold. The resource base will support the Company's gold operation at Carosue Dam at current production rates for at least a decade. Next month Saracen will commence underground trial mining at its high-grade Red October project. The company is targeting an annual gold production rate of 250,000oz in the coming years.

Renaissance Uranium Limited (ASX:RNU) has identified multiple gold drill targets from the recently completed infill, multi-element soil sampling at its 100%-owned Cutana Project in South Australia. The sampling results have confirmed the project's gold potential, with five high priority targets selected for drilling scheduled to commence next quarter.

Tata Consultancy Services Limited (BOM:532540), a leading IT services and consulting company in India, is partnering with Westpac's insurance division in New Zealand to assist Westpac to upgrade and transform its Life Insurance Platform. The two parties will work together to introduce new insurance products in New Zealand and improve levels of services to Westpac's customers.

Asia Business News
Tel: +61-2-9247-4344
http://www.abnnewswire.net

Goldcorp (TSE:G) to Sponsor Mining Business Risks Summit, Canada, 25-26 October 2011

newsroom@abnnewswire.net — Tue, 28 June 2011 14:17:38 GMT

CRU Group, the leading independent metals and mining business analysis and consultancy group & the Fraser Institute, Canada's leading public policy think tank, are proud to announce the Mining Business Risks Summit, to be held in Toronto, Canada, 25-26 October 2011.

Sponsored by Goldcorp (TSE:G) (NYSE:GG), the Mining Business Risks 2011 is the only conference providing concise analysis about the impact of political, social environmental and economic risks on mining companies and their investors. With over 150 delegates, the Mining Business Risks conference is the key networking event for professionals in risk management, public, government and environmental affairs.

Visit the website for the interim conference agenda and list of speakers; a few of them are listed below:

- John Shively, CEO, Pebble Partnership
- Richard Clark, Head of Mining, Deloitte
- Senior Executive, Alcoa Inc. (ASX:AAI)
- Tony Andrews, Executive Director, PDAC
- Luis Mualim, Vice President Risk & Audit, Antofagasta plc (LON:ANTO)
- Mario Pizarro Delgado, Lider Evaluacion, Fundacion, Minera Escondida
- Robin Adams, Managing Consultant, CRU Strategies
- John Turner, Leader, Global Mining Group, Fasken Martineau
- Carole Ramsay, Consultant, Economic Development Services, Behre Dolbear Environmental Services, Inc.
- Graeme Burt, Principal, rePlan
- Todd Cort, CEO, Two Tomorrows (North America) Inc.
- Hadley Archer, VP, Strategic Partnerships, WWF
- Graham Baldwin, Director of Business Development, InfoMine Inc.
- David Wilson, Director - Metals Research, Societe General

For further information visit: http://www.miningrisks.com

CRU Group
Email: conferences@crugroup.com 
T: +44-20-7903-2444
F: +44-20-7903-2432
http://www.miningrisks.com

Asian Activities Report for June 2, 2011: Ord River Resources (ASX:ORD) Signed Engineering, Procurement and Construction Memorandum with NFC (SHE:000758)

newsroom@abnnewswire.net — Thu, 2 June 2011 12:00:08 GMT

Stocks slid on major markets across Asia in early trade. S&P/ASX 200 fell 1.93% to 4616.2. Nikkei 225 lost 1.63% to 9,561.42. Hang Seng Index was down 1.59% to 23250.69, while Shanghai Composite slipped 1.01% to 2715.93.

Companies

Ord River Resources Limited's (ASX:ORD) 49%-owned Sino Australian Resources Co., Ltd ("SARCO") signed a Memorandum of Understanding with China Non-Ferrous Metal Industry's Foreign Engineering & Construction Co. Ltd ("NFC") (SHE:000758) for a proposed Engineering, Procurement and Construction (EPC) contract. Under the Memorandum, NFC will act as SARCO's EPC contractor for the planned 600,000 tonne per annum alumina refinery in Laos and will assist SARCO with arranging project financing from Chinese banks.

Minemakers Limited (ASX:MAK) signed a Memorandum of Understanding with NMDC Limited (BOM:NMDC) for the development of the Wonarah Phosphate deposit in the Northern Territory. The proposed development will include a mine and processing facilities to produce phosphate for export and fertiliser products.

Unity Mining Limited (ASX:UML) has commenced the development of the Newton Zone at the Henty Gold Mine in Western Tasmania. Newton's grade and dimensions are in-line with expectations and its development will contribute significantly to Henty's production in 2012 and beyond. Mineral Resources at Henty doubled to 203,000 ounces of gold in late 2010 and the mine life was extended to around four years.

Discovery Metals Limited (ASX:DML) reported high grade copper silver intersections from the Plutus deposit within its 100% owned Boseto copper project in Botswana. The Project is currently being constructed and scheduled to commence production in early 2012. Planned production is approximately 36,000 tonnes of copper and more than 1 million ounces of silver per annum over an initial 15 year mine life.

Asia Business News
Tel: +61-2-9247-4344
http://www.abnnewswire.net

CRU 16th World Aluminium Conference To Be Held On 13-15 June In Barcelona, Spain

newsroom@abnnewswire.net — Tue, 24 May 2011 14:11:31 GMT

CRU's World Aluminium Conference provides a complete assessment of the aluminium supply chain, with unrivalled global analysis and networking.

There is a great deal of positive sentiment in the aluminium industry at the moment. Demand performance in 2010 and growth projections for 2011 and 2012 are all higher than previous estimates. Favourable power contracts and high LME prices are underpinning confidence and there have been fewer smelter closures and more smelter re-starts than previously expected.

Nonetheless, in spite of the positive outlook there are a number of challenges and uncertainties. The disconnect between inventory and price, the implications posed by developments in the Middle East, and macroeconomic policy in Europe and North America are all high on the agenda.

CRU's World Aluminium Conference is the world's leading primary focussed event and is not missed by executives seeking up-to-the minute and insightful analysis.

Senior representatives from companies including Dubal, Novelis, Rio Tinto Alcan and SNC-Lavalin (TSE:SNC) will join experts from CRU's Aluminium team to present on market and regional trends and outlooks, raw materials, and end user markets. Confirmed speakers include:

Aluminium:

Jørgen C Arentz Rostrup, Chief Financial Officer, Hydro
John Thuestad, Global Primary Products President, Alcoa (NYSE:AA)
Mahmood Daylami, General Secretary, Gulf Aluminium Council Konrad von Szczepanski, Vice President, Strategy & Business Development, Aluminium, BHP Billiton (NYSE:BHP) (ASX:BHP)
Marco Georgiou, Principal Consultant, CRU Analysis
Marc Croft, Power Specialist, Pace Global Energy Services
Raymond F. Marcoux, Vice President, Business Development, SNC-Lavalin, Aluminium Division

Aluminium (Regional Perspectives and Strategy):

Prof. K.S.S. Murthy, Hon. General Secretary, Aluminium Association of India
Wan Ling, China Nonferrous Metals Manager, CRU China
Mahmood Daylami, General Secretary, Gulf Aluminium Council
Senior Executive, Dubal
Yi Xiaobing, Deputy Chief Engineer, Guiyang Aluminium Magnesium Design & Research Institute

Bauxite, alumina, secondary and other raw materials:

Alan Hustwick, General Manager Supply Chain Development, Rio Tinto Alcan
Colin Pratt, Managing Consultant, CRU Strategies
Paul Williams, Research Manager, Aluminium, CRU Analysis
Michael Lion, Chairman, Sims Metal Management Asia Limited

End users markets:

Tim Hayes, Senior VP Research, Davenport Equity Research
Francois Coeffic, Vice President, Foil Strategy, Novelis

Financial issues:

Rohit Shah, Metals Analyst, Ospraie Management Fund , LLC
Michael Widmer, Head Metal Strategist, Bank of America-Merrill Lynch

How will you benefit as a delegate?

- There has been a surge in new bauxite projects recently - hear CRU's view on the outlook for bauxite
- Assess the impact of Chinese producers and Chinese smelter technology outside of China
- Scrutinize the outlook in China, India and the Middle East
- Understand the outlook for inventory, price, speculative investment and new financial products
- Benefit from CRU's short and long term outlooks
- Where will new smelter energy come from? - hear the outlook in the power markets
- Examine the economic, secondary aluminium and end-user outlooks
- Delegates attend CRU's Aluminium Conference because of the comprehensive programme and excellent networking.
- Just added to the 2011 programme - CRU's analysts will be hosting a workshop focusing on China - Resource hunger: feeding the economic miracle.

We hope to see you in Barcelona, and welcome further registrations from your colleagues (group discounts apply). To register log on to http://www.worldaluminiumconference.com

Dominic Halahan
Conference Producer, CRU Events
Email: conferences@crugroup.com 
T: +44-20-7903-2444
F: +44-20-7903-2432
http://www.worldaluminiumconference.com

Australian Market Report of February 11, 2011: Jervois Mining (ASX:JRV) Receives Positive Test Report For The Direct Production Of Scandium-Aluminum Alloy

newsroom@abnnewswire.net — Fri, 11 Feb 2011 13:30:00 GMT

Jervois Mining Limited (ASX:JRV) announced today that EMC Metals Corporation (TSE:EMC), Jervois's partner in the Nyngan scandium resource has received an independent laboratory test work report. The report demonstrated the Nyngan resource's potential of large scale production of scandium-aluminum alloys to be used in the transportation industry and for aircraft manufacturing in particular.

Brighton Mining Group Limited (ASX:BTN) announced that the soil sample results from an initial program on the Ropoah concession at Antrong in Cambodia have highlighted zones of anomalous mineralisation in the north-east of the concession area. Results include assays as high as 313 ppb gold. The next phase of work will be conducted to generate targets for trenching and drilling.

Iron Ore Holdings Limited (ASX:IOH) announced that Steffen Robertson Kirsten has been awarded the Concept Study contract for the Bungaroo South Project in the Western Pilbara. The Bungaroo South deposit currently contains 241 million tonnes of JORC Resource of average 57.2% Fe grade. Further drilling in close proximity to the deposit will be undertaken in the next few months. The Resource is expected to support the production of a high quality direct shipping product.

MetroCoal Limited (ASX:MTE) has commenced a 70-hole drilling program at Bundi Coal Project in south east Queensland. Drilling rigs will be mobilised on site in the coming weeks. Drilling is designed to increase resource confidence to Indicated level and provide further data for preliminary mining studies.

Asia Business News
Tel: +61-2-9247-4344
http://www.abnnewswire.net