green light given to ksa titanium plant

Green light given to KSA titanium plant

Binh Thuan Mineral Industry JSC (KSA) on December 26 last year was given the investment certificate to start construction on a 60,000 tonne per year Titanium slag processing plant.
southeast asias longest volcanic cave discovered in vietnam

Southeast Asia’s longest volcanic cave discovered in Vietnam

A group of Vietnamese and Japanese scientists have announced the discovery of the first volcanic cave system in Vietnam, one part of which is considered the longest such feature in Southeast Asia, according to the General Department of Geology and Minerals of Vietnam.
old technology obstructing coal production plans official

Old technology obstructing coal production plans: official

The coal industry must invest VND18-19 trillion (US$857-$904 million) to complete production on schedule, according to Nguyen Van Bien, Deputy General Director of the Viet Nam National Coal-Mineral Industries Group (Vinacomin).
income tax flows in from mineral petroleum firms

Income tax flows in from mineral, petroleum firms

Hanoi - The minerals and petroleum sectors remain the largest tax contributors in the 2014 list of 1,000 largest corporate income taxpayers in Viet Nam (V1000).
yen bai encourages concentrated processing tech

Yen Bai encourages concentrated processing tech

The northern province of Yen Bai is giving priority to mining enterprises that apply concentrated processing technology so as to raise the mineral content of extracted ores from 20-25 per cent to 65 per cent.
mud dam bursts in yen bai

Mud dam bursts in Yen Bai

Yen Bai - A dam which had been holding back mud from the Tay Bac Minerals Corporation's iron ore selection plant in the northern province of Yen Bai burst yesterday evening.
gold miners yet to meet tax obligations

Gold miners yet to meet tax obligations

Experts are calling for stricter penalties on mineral exploitation enterprises, which have intentionally delayed the payment of environmental protection fees and taxes.
vinacomin pockets 71m from divestments

Vinacomin pockets $71m from divestments

The Viet Nam National Coal and Mineral Industries Holding Corporation (Vinacomin) has gained VND1.5 trillion (US$71.4 million) from the completion of its divestment of five companies in its non-core businesses.
vinacomin posts 18 increase in h1 turnover profit declines

Vinacomin posts 18% increase in H1 turnover, profit declines

The Viet Nam National Coal and Minerals Industries Group's (Vinacomin) turnover in the first half of the year was VND55.3 trillion ($2.6 billion), representing 18 per cent year-on-year increase.
pm approves vinacomin capital sale to vpbank

PM approves Vinacomin capital sale to VPBank

Prime Minister Nguyen Tan Dung has approved in principles to allow the Viet Nam National Coal and Minerals Industries Group (Vinacomin) to sell all of its charter capital at Vinacomin Finance Company (CMF) to Viet Nam Prosperity Bank (VPBank).
coal producer sees struggle ahead for second quarter

Coal producer sees struggle ahead for second quarter

The Viet Nam National Coal and Mineral Industries Holding Corporation (Vinacomin) has urged members to fully exploit market conditions, as coal consumption in the second quarter could face difficulties.
international firms dig mining expo

International firms dig mining expo

The second international mining and minerals recovery exhibition and conference, Mining Viet Nam 2014, opened yesterday at the International Centre for Exhibition (ICE) in Hanoi.
tough time for vietnamese firms in foreign investments

Tough time for Vietnamese firms in foreign investments

Several Vietnamese state-owned companies operating in oil and gas, electricity, minerals and telecom have suffered losses investing in foreign countries.
vinacomin focuses investment on key projects

Vinacomin focuses investment on key projects

Deputy PM Hoang Trung Hai has urged the Vietnam National Coal and Mineral Industries Group (Vinacomin) to strengthen management and improve its performance to meet the country’s coal demands.
environment undermined by rampant mineral exploitation

Environment undermined by rampant mineral exploitation

Inadequate and conflicting regulations have led to uncontrolled mineral exploitation in Vietnam which has had a serious impact on the environment.