Pan African Mining Corp. announce the closing today of the Plan of Arrangement and related transactions contemplated by the Arrangement Agreement dated May 9, 2008, as amended June 17, 2008, among Asia Thai Mining Co., Ltd., 0819615 B.C. Ltd., the Company and African Queen Mines Ltd., a newly formed subsidiary of the Company. A Final [...]

Indonesia has denied that it will set a quota for coal exports as it wants to reserve the coal for future use.
The reports had prompted rising interest in the country’s natural resources from energy-hungry China and India.
The reports were baseless and the new mining law likely to be passed by Parliament by June would in [...]

Most Asian markets rose Friday, with Japanese stocks climbing to their highest in nearly 10 months and markets in India, Singapore and Australia all rose to records. Malaysian shares finished at a new 10-year high.
Stocks rose in Tokyo amid optimism about growth prospects for the U.S. economy, a key export market. The benchmark Nikkei 225 [...]

BANGKOK - Thailand plans to increase the usage of natural gas and coal to fuel new power plants, a senior official at state-owned Electricity Generating Authority of Thailand said Thursday.
In 2010, Thailand’s usage of natural gas for power generation is expected to rise to 2,661 million standard cubic feet a day from 2,094 mmscf/d, EGAT [...]

Philippine stocks posted their largest one-day drop in two weeks on Friday, snapping six straight trading days of gains, as gold miners such as Lepanto Consolidated Mining Co. fell on weak gold prices.
The Philippines ended down 1.13 percent, Indonesian stocks lost 0.52 percent, and Thai stocks were off 0.41 percent by 0513 GMT.
Markets elsewhere rose. [...]