"Shops and restaurants near the Youyi mine are shut, creating a semblance of a ghost village. Reconstruction is slated to begin next March."

"Buy-back resumed by BHP Billiton after PotashCorp offer scrapped" from South China Morning Post

"BHP Billiton, the world's largest mining company, resumed a share buy-back after abandoning its hostile US$40 billion takeover offer for Canada's PotashCorp of Saskatchewan in the face of government opposition."

"San Miguel seeks to raise US$3b" from South China Morning Post

"San Miguel, the Philippines' largest food and drinks company, may sell about US$3 billion of shares in the first quarter of next year to fund bids for power and infrastructure projects. San Miguel, which began as a brewer in 1890, is seeking to accelerate expansion into industries including railways, energy, telecommunications and mining."

"China Qinfa buys into Huameiao" from South China Morning Post

"Coal logistics firm China Qinfa Group's share price surged 10.7 per cent to HK$4.03 after it unveiled a deal to buy a 32 per cent stake in Huameiao Energy for 1.6 billion yuan, to be half-financed by a bank loan and half by its own resources. Huameiao has three coal mines within 100 kilometres of China Qinfa's coal loading stations in Datong, Shanxi province. They will have a combined output capacity of 8 million tonnes by next year's third quarter. China Qinfa will have the right to buy at least 32 per cent of the mine's output."

"Mongolia revokes mining licences" from South China Morning Post

"The Mongolian government stunned the mining industry around the world with an announcement that it will revoke at least 254 mining licences across the country on environmental grounds."

"PricewaterhouseCoopers says Hong Kong will become a mining and natural resources hub and that between 10 and 15 companies in those sectors will list locally in the next 12 months." from South China Morning Post