The government will place the new national mining policy in Parliament by the winter session which would allow foreign direct investment in the exploration of capital-intensive minerals like copper, nickel and chromium. For full story, click here
A central Queensland nickel project that would create up to 2,600 new construction jobs has cleared a federal government hurdle. For full story, click here
PT International Nickel Indonesia announced that it has asked the government for more time to assess plans for a new plant after a study showed the $1.8 billion project may not be feasible. For full story, click here
The government is getting impatient as Australia’s BHP Billiton and its local partner are still at odds over a nickel project in Mindanao and may soon decide to step in. Mining chief Horace Ramos said: BHP has said they will not back out but there is a limit to their patience. And we in the [...]
Wednesday, June 24, 2009