May/June 2013 - The ASIA Miner

FEATURES
Mining success stories This edition’s mining success story examines how LionGold’s fully-owned subsidiary
Castlemaine Goldfields has turned around the fortunes of a gold mine under the Australian regional
city of Ballarat, site of the 1850s Victorian gold rush. .............................................................................4
International project survey The 2013 International Project Survey compiled by IntierraRMG verifies that
investments in the mining sector grew by only 9% in 2012 compared to 20% in 2011. ........................54
Mine design As mining companies face rising costs and volatile commodity markets, making the
right design decisions is a must. This feature looks at some of the software available to help keep
costs under control. .................................................................................................................60
LEADING DEVELOPMENTS
Asian Intelligence The declining rate of new gold discoveries and grades across the global market during
the last decade has accelerated in the last 4 years. ...............................................................................8
Central Asia 95% of the gold resource at Manas Resources’ Shambesai project is now in the measured &
indicated categories and there has been a big increase in high grade oxide resources. ........................14
Exploration Lion One has extended mineralization at the Tuvatu Gold Project in Fiji .............................72
AROUND THE REGION
Central Asia A maiden JORC-compliant resource of 255 million tonnes of coal has been established at Celsius
Coal’s Uzgen Basin project. ..........................................................................................................16
China China Gold International Resources is continuing operations at Jiama despite a nearby landslide. .......28
Malaysia J Resources intends spending around US$82 million to lift production at Penjom project. ..........34
Vietnam The first ferrotungsten product has been lifted at Hazelwood Resources’ ATC project. ..........35
Thailand Southeast Asia Mining Corp has received a positive PEA for Song Toh and Boh Yai deposits. ....36
Laos Amanta Resources has completed a 2000 metre drilling program at Luang Namtha Copper Project. ..37
Cambodia A new resource has been announced at Renaissance Minerals’ Okvau deposit. .................39
Myanmar Centurion Minerals has signed an MOU to explore and develop the Ba Mauk Gold Project. ...........40
Philippines JV partners Mindoro Resources and TVI Pacific will fast-track a DSO operation at Agata North ...42
Indonesia Sumatra Copper & Gold remains on track to begin on-site Tembang construction in 2013. .........45
Mongolia Erdene Resource Development has formed a strategic alliance with Teck Resources. ..........46
Australia Toro Energy has welcomed Federal Government approval for its Wiluna uranium project. ..........48
Papua New Guinea Major exploration is under way at Mincor Resources’ Bolobip project. .............................50
India NSL Consolidated has signed a US$12.2 million joint venture with Vijay Mining. ....................................51
Singapore-listed LionGold Corporation has helped a
junior Australian mining company turn around the
fortunes of the historic Ballarat Gold Mine, continuing
a heritage of mining in the Australian city which
stretches back more than 150 years. The mine is
only a small producer compared to the world’s major
mines but difficult geology and location under a settlement
of 100,000 make it a modern success story.
See feature article from page 4.
Photo LionGold
DEPARTMENTS
Advertisers’ Index ......................................71
Calendar of Events ....................................65
From the Editor ............................................2
On the move ..............................................53
Product News ............................................66
Supplier News ............................................68
Subscription Form ......................................71
South Pacific Glass Earth Gold has filed three technical reports relating to its New Zealand projects. .......52
Plan for second Kounrad plant..............................24 New veins identified at GC....................................32 Co-o expansion nears completion.........................42
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