Fyi, buat praktisi pertambangan. ------------------------------- Pesan Awal ------------------------------- Judul Surat: FWD: Bloomberg article - Noranda Ranks Mongolia Top in Asia for Copper Mining Dari: "Alan Ketaren" <[EMAIL PROTECTED]> Tanggal: Rab, 30 Maret 2005, 6:48 Untuk: [EMAIL PROTECTED] --------------------------------------------------------------------------
March 25, 2005 Noranda Ranks Mongolia Top in Asia for Copper Mining By Xiao Yu March 25 (Bloomberg) -- Mongolia is ranked as the top country in Asia for copper mining, based on security, political stability and business climate, Noranda Inc., Canada 's biggest mining company, said in a presentation at the Asia Mining Congress in Singapore March 22-24. The rankings presented by Paul Severin, Senior Vice President of Exploration at Noranda, include comments from Canada 's Department of Foreign Affairs and International Trade. Severin has 35 years of experience in mining and is a member of the Association of Professional Geoscientists of Ontario, the Geological Association of Canada, the Prospectors and Developers Association of Canada and the Canadian Institute of Mining and Metallurgy. Personal Security: Mongolia Very good: few violent attacks directed towards foreigners, no internal conflict. China Good: few violent attacks on foreigners, low level of internal conflict (minor conflict in far North West ). Indonesia A concern: organized attacks have occurred, high level of internal conflict in 5 specific areas. Papua New Guinea A concern: personal attacks including foreigners. Some internal conflict but not organized (on mainland) Philippines A concern: history of organized attacks, such as bombings, including focus on foreigners. Internal conflict in southwest Mindanao . Difficult to manage. Political Stability: Mongolia Very Good (stable): Successful democratic transition since 1990. Some issues due to poverty. China Good (stable): Dissent strongly controlled. Dissent concentrated in specific areas (esp. far North West ). Indonesia A concern: Democratic elections are a positive, but concentrated armed revolt in specific areas. No resolution in place for this instability at present. Papua New Guinea Fair (stable): Democratic government transitions successfully. Little organized dissent. Philippines A concern: Democratic elections, but armed dissent widespread, organized and intense in western Mindanao . Business Climate: Mongolia Minor issues: Transparent and clear foreign ownership rules. Minor uncertainty as to provincial government influence on acquisition of title. VAT on exploration in U.S. dollar is non-refundable. China Serious issues but improving: Foreign ownership rules problematic. Unclear jurisdiction of local and central governments. Unclear transfer from exploration to mining title. New mining law expected in 2007. Indonesia Serious issues: National Protected Forest is an issue. Uncertainty created by situation at Newmont's Minahasa mine. Papua New Guinea Minor issues: Foreign ownership rules clear. Taxation greatly improved. Aboriginal rights generally clear but negotiations can be complex. Philippines Serious issues but improving: Positive: Recent Supreme Court judgment on 100 percent foreign ownership. Less positive: uncertainty over Aboriginal rights - negotiation required. Unclear taxation - negotiation needed. ________________________________________________________________ Sent via the WebMail system at mail.ivancorp.com --------------------------------------------------------------------- To unsubscribe, send email to: [EMAIL PROTECTED] To subscribe, send email to: [EMAIL PROTECTED] Visit IAGI Website: http://iagi.or.id IAGI-net Archive 1: http://www.mail-archive.com/iagi-net%40iagi.or.id/ IAGI-net Archive 2: http://groups.yahoo.com/group/iagi Komisi Sedimentologi (FOSI) : Deddy Sebayang([EMAIL PROTECTED])-http://fosi.iagi.or.id Komisi SDM/Pendidikan : Edy Sunardi([EMAIL PROTECTED]) Komisi Karst : Hanang Samodra([EMAIL PROTECTED]) Komisi Sertifikasi : M. Suryowibowo([EMAIL PROTECTED]) Komisi OTODA : Ridwan Djamaluddin([EMAIL PROTECTED] atau [EMAIL PROTECTED]), Arif Zardi Dahlius([EMAIL PROTECTED]) Komisi Database Geologi : Aria A. Mulhadiono([EMAIL PROTECTED]) ---------------------------------------------------------------------
