06:28 EDT THUrsday, 20/06/2013
Indonesia’s government may decide this week on whether to allow Freeport McMoRan Copper and Gold Inc to resume open-pit mining, the minister of Energy and Mineral Resources said on Tuesday, five weeks after a tunnel collapse killed 28 workers.
The cash dividend payment schedule of listed companies on both bourses Hochiminh Stock Exchange (STC) and Hanoi Stock Exchange (HNX) in June, 2013:
Vietnam is expected to export a maximum of 10.5 million tonnes of coal in 2013, a year-on-year decrease of 5 million tonnes, with consumption of Vietnamese coal also falling from 43 million tonnes to 39 million.
Japanese trading house Marubeni Corp is bidding for a 29 percent stake in Anglo-Australian miner Rio Tinto’s Coal & Allied unit, valued at an estimated $2 billion, two sources familiar with the process said.
Indonesia, the world’s biggest exporter of thermal coal, proposed doubling royalties for some miners next year, threatening margins at companies that produce about 20 percent of the nation’s supplies.
The Ministry of Industry and Trade is working with the Ministry of Finance to mull over adjusting up coal prices sold to electricity generators to 2013 cost of goods sold level.
On Jun 12, 2013, in Hanoi, Vietnam National Coal - Mineral Industries Group (Vinacomin) and the Vietnam Technological and Commercial Joint - stock Bank (Techcombank) have officially signed a comprehensive cooperation agreement.
Identifying quality, in-depth investment and human resources as key to integration and development, Vinacomin Machinery JSC (VMC) has been determined to make further development steps toward new heights in national industrialization and modernization.
