 | |  | Australia/Asia | Thursday, September 25, 2014
| | | | | | Tampakan is a massive project and Indophil Resources NL has raised a staggering amount of capital over the dozen or so years since it listed to try and get the behemoth into development. Unfortunately for Indophil's shareholders, despite all the monies raised, and all the opportunities that have been highlighted over the years, in the end it all seems to have amounted to very little. | | | |  | | | | If it eventuates, China's ban on coal imports with high ash and high sulphur content from January 2015 onwards will have several knock-on implications, notably a shift in coal trade flows. Indonesia will capture a larger share of the Chinese market, while Australia re-directs its coal towards other countries such as India. | | | | | | | | "Everything that can be counted, does not necessarily count. Everything that counts cannot necessarily be counted." – Albert Einstein | | | | | | | | It has been easy for some time to characterise Ivan Glasenberg, the chief executive of Glencore plc, as the mining world's biggest bear, but recent events point to a change with the bear possibly turning into a bull. | | | | | | | | At over seven thousand feet above sea level the air at Beaver Creek was thin, certainly thinner than I expected. When I arrived at the conference I thought the tinned oxygen provided by CIBC was a novelty. | | | | | | | | Australia's iron ore price forecasters are being put to the test as prices slump and the nation's disproportionate dependence on the steelmaking ingredient causes uneasiness in markets and policymaking circles. | | | | | | | Myanmar may not rank top of the list for investors with spare cash burning a hole in their pockets, but with political stability on the cards and a relevant foreign policy starting to emerge, they might need to start paying attention to it. | | | | | | | A successful product of the mining boom, Australia's Atlas Iron Ltd is knuckling right down to the job of surviving the downturn and getting credit in some circles for its efforts to date. But it seems likely to be a while before it again attracts the kind of market kudos it became accustomed to previously. | | | | | | | Amid light-hearted jokes that you would be hard-pressed to find some decent cheese in Moscow these days, a seminar in London has shone a light on the murky world of Western sanctions against Russia. And when it comes to sanctions compliance it is clear that unlike cheese, holes – whether loopholes or otherwise – are far from desirable. | | | | | | | Randgold Resources chief Mark Bristow's belief in the long-term value of high-level underground mining skills transfer from Australia to emerging African countries is echoed by the executive chairman of Byrnecut Mining Group, Steve Coughlan, who is seeing in Tanzania at the moment some of the benefits of taking up the "generational" training challenge facing miners across the continent. | | | | | | | Mines of a very dangerous type gave Jeff Elliott the hairiest time in his 25 years as a geologist, but it's clear he has thoroughly enjoyed most aspects of the "paid adventure" of a career that took on new dimensions after he met Rupert Crowe in the late 1990s. | | | | | | | About half of respondents to an annual survey by Ventyx represented mining companies with little or no data integration across value chains. | | | | | | | While uranium producers will be toasting the recent rise in the spot price hoping the worst is behind them and the re-start of those Japanese reactors is only a few months away, the long-term situation might not bear looking at. | | | | | | | Talk about kicking someone when they're down. Thermal coal miners won't have a lot of energy for the fight at the moment, but at some point they'll come out with guns blazing over the bright future they see for consumption of their product. | | | | | | | | |  |  | Not a subscriber? Start a FREE trial to view these articles and more premium content. | | | | | |  | | | Latest Supplement | | | | Greenland is focusing on implementing a new mining strategy as part of a five-year government plan | | Following the amendment of the Mineral Resources Act, the responsibilities of the former Bureau of Minerals and Petroleum as per January 1, 2013 have been divided among the Ministry of Industry and Mineral Resources, the Mineral Licence and Safety Authority and the Environment Agency for Mineral Resources Activities. | | The mineral and hydrocarbon strategies from 2014-18 offer new specific proposals as to the direction in which Greenland should go over the next five years. | | | | |  | | Company profile | | | Russian precious metals company Polymetal International plc's commitment to establishing an extensive pipeline of growth projects has continued with the acquisition of the Kyzyl gold project.
| | | | | |  | | Events update | | September 22-26, 2014, Melbourne Convention & Exhibition Centre, Australia | | | | | October 7-9, 2014, Moscow, Russia
| | | | December 1-5, 2014, Business Design Centre, London, UK | | | | | | | | |
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