Australian rare earths miner Lynas Corporation (ASX:LYC), has filed a defamation action against Malaysian protestors and opponents over their criticism of the company's rare earth plant (LAMP), which will process ores shipped from Western Australia.
In what is considered a major milestone in the Indian nuclear program, the Uranium Corporation of India Ltd (UCIL) commissioned last week a new uranium mine, which may host one of the most significant reserves of the yellow material in the world.
Yonhap reported that South Korea will pursue 5 energy and infrastructure development projects in Venezuela worth USD 11.1 billion that could open new business opportunities for local companies in the South American country.
Corporate Social Responsibility initiatives by mining companies operating in emerging markets in South America, Africa and Asia have become a crucial part of doing business as “above-ground risks are quickly gaining equal footing to traditional geological and engineering considerations for mining projects.”
SGS has been awarded the operational contract for the on-site laboratory at the Oyu Tolgoi mine in the Southern Gobi Region of Mongolia. This 3 year operational contract was awarded to SGS at the end of 2011.