The Asia Miner

JAN-MAR 2016

The ASIA Miner - Reporting Important Issues to Mining Companies in the Asia Pacific Region

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Volume 13 • Issue 1 | 2016 | ASIA Miner | 1 Features Road to Success Through a contractor partnership junior Havilah Resources has started mining a gold project in South Australia and expects to begin processing within months. The small project is likely to lead to mining of other nearby gold and copper-gold deposits. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Indonesia G-Resources is selling its 95% stake in the Martabe Gold-Silver Project in North Sumatra for total consideration of US$775 million. The buyer is a consortium led by private equity frm EMR Capital. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 Coal Whitehaven Coal has been granted approval to increase annual production from 8 million to 11 million tonnes and to install a 400 metre wide longwall face at the Narrabri mine in northern New South Wales. . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 Leading Developments Asia-Pacifc Intelligence China, the world's largest consumer of coal, has halted approvals of new coal mines for three years while it continues to cut output at existing operations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Central Asia China Nonferrous Gold has commissioned the processing plant at the Pakrut Gold Project in Tajikistan. This was completed in early October with the company then commissioning the smelting plant. . . . . . . . . . . . . . . . . . . . . . . . . . . 47 Around the Region China An expansion at CSH in Inner Mongolia has resulted in increased gold production. . . . . . . . . . . . . . . . . . . . . . . . . . . 23 Mongolia A construction licence has been received for the Erdenet to Ovoot Railway. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 Philippines Metals Exploration hope its Runruno project will be operational this month. . . . . . . . . . . . . . . . . . . . . . . . . . . 28 Thailand Metal Tiger has exercised its option to take 90% control of an exploration JV. . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 Cambodia Geopacifc Resources continues to receive strong results from Kou Sa. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 Vietnam Asian Mineral Resources continues its strong performance at the Ban Phuc project. . . . . . . . . . . . . . . . . . . . . . . 32 Australia Adani's Carmichael Coal Project in Queensland has again been approved. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 Papua New Guinea Crater Gold Mining has completed a mining plant upgrade. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 India NMDC aims to almost double annual iron ore mining capacity in the next two years. . . . . . . . . . . . . . . . . . . . . . . . . . . 40 Kyrgyz Republic White Cliff Minerals has intersected high grade gold at the Aucu project. . . . . . . . . . . . . . . . . . . . . . . . 48 There is a pot of gold at the end of the rainbow for Havilah Resources at the Portia project in South Australia. Havilah has done what most juniors are unable to do in these diffcult times by starting a mine. It has been achieved through a unique partner- ship with contractor Consolidated Mining & Civil which sees the latter remove 70 metres of overburden be- fore mining the deposit and splitting proceeds with Havilah. See page 3. Photo by Havilah Resources. DEPARTMENTS Calendar of Events . . . . . . . . . 43 Exploration . . . . . . . . . . . . . . . 56 From the Editor . . . . . . . . . . . . . 2 Legally Speaking . . . . . . . . . . . 46 On the Move . . . . . . . . . . . . . . 41 Product News . . . . . . . . . . . . . 51 Supplier News . . . . . . . . . . . . 49 Subscription Form . . . . . . . . . . 55 Kangaroo infrastructure deal . . . . . . . . . . . 15 Kingsrose varies repayments . . . . . . . . . . 19 BNU production ramps up . . . . . . . . . . . . 26 Volume 13 | Issue 1 | Industry Technical Information | 矿业技术信息 A SHINING LIGHT 闪亮的光 Rare start-up project Focus on Indonesia 聚焦印度尼西亚

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