mining

Retail Asia16/07/2021

Singapore Myanmar Investco (SMI) will develop a cryptocurrency cloud-mining platform with The9, according to a memorandum of understanding signed by the two sides. The mining business is expected to be launched in the fourth quarter of the year, subject to regulatory approval, SMI said in an announcement on Friday. Operations will be hosted in a range of […]

Retail Asia24/05/2021

Cryptocurrency miners in China are shifting their operations to other markets abroad following Beijing’s latest crackdown. A committee from China’s State Council announced on Friday that it would crack down on crypto, specifically naming Bitcoin as a major concern. The government will crackdown on bitcoin mining and trading behavior, and resolutely prevent the transfer of […]

Retail Asia07/11/2019

A power struggle at the world’s largest crypto mining start-up has resulted in the surprise ouster of one of its co-founders. Beijing-based Bitmain Technologies has fired co-founder and executive director Micree Zhan Ketuan, according to an internal memo sent to staff on Tuesday, which was seen by CoinDesk. His role will be taken over by Jihan Wu, […]

Retail Asia07/01/2019

The government Thursday reaffirmed Vietnam’s desire for a greener energy mix amid the risk of a power deficiency. Environment-friendly coal- and gas-fueled and renewable power plants would make up the mix. While Vietnam faces “obvious risks of an energy shortage in the coming years … it will not sacrifice the environment for economic growth,” Deputy […]

Retail Asia27/12/2018

Gas Malaysia Bhd has announced a higher average effective natural gas tariff for the non-power sector in Peninsular Malaysia at RM32.92 per MMBtu, which is 0.7% higher than the current RM32.69 per MMBtu. The revision will be effective from Jan 1, 2019 to June 30, 2019. The group told the stock exchange that the government […]

Retail Asia30/11/2018

Korea’s manufacturing and mining industry shipments increased in 2017, mainly due to growth in the electronics, refined petroleum and machinery sectors, a government report showed on Tuesday. Combined shipments by companies in the sectors with more than 10 employees reached 1,516 trillion won ($1.34 trillion), up 7 percent, or 99.7 trillion won, from the year […]

Retail Asia13/11/2018

State-owned mining holding company Indonesia Asahan Aluminium, better known as Inalum, sold bonds worth $4 billion in its first-ever US dollar bond deal on Thursday to fund the acquisition of a majority stake in the Grasberg copper mine in Papua. The deal came amid choppy global markets, rocked by trade concerns and slowing economic growth in […]

Retail Asia12/07/2018

Many people have heard about the term Bitcoin floating around, but fail to understand properly what it is. This article looks at what Bitcoin is, and dissects one of the most important processes associated with this cryptocurrency – Bitcoin mining. Bitcoin – A Brief Introduction Bitcoin is a form of digital currency, or a cryptocurrency. […]

Retail Asia08/03/2017

Head Of the Indonesian Investment Coordinating Board (BKPM), Thomas Trikasih Lembong, predicted that Australia’s investment in Indonesia could increase up to USD 3 billion (around Rp 40 trillion) throughout the next three to five years. Most of Australia’s investment is predicted to be centered on the mining and tourism sector. “That’s the sum total of […]

Retail Asia08/11/2016

National mining company PT. Aneka Tambang (ANTAM) and Australian mining company Newcrest Mining Ltd. are building a partnership in order to explore gold and copper potential in Indonesia. A statement released by the Australian Embassy on Sunday, November 6, 2016, mentioned that the collaboration document between both countries was signed by Indonesian Trade Minister Enggartiasto […]

Tag: mining

Singapore Firm Partners China’s The9 for Cloud Crypto Mining

Beijing’s Crypto Crackdown Sends Mining Abroad

Bitcoin Mining Billionaire Ousts Co-Founder

Vietnam eyes green power, not to sacrifice environment for growth

Gas Malaysia ups natural gas tariff

Korea’s manufacturing and mining shipments up 7 percent

Indonesia to Sell $4b in Bonds to Fund Freeport Purchase

Why Bitcoin Mining Is A Vital Aspect Of This Popular Cryptocurrency?

Australia Eyes Indonesian Mining and Tourism

Indonesia, Australia Cooperates on Mining Gold, Copper