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Ban Phuc Nickel mine suspended due to loss of US$129 million

Ban Phuc Nickel mine suspended due to loss of US$129 million

Ban Phuc Nickel Mines Limited, a subsidiary of Canada-based Asian Mineral Resources Ltd., (AMR), has decided to temporarily suspend the operations at Ban Phuc Nickel mine (Bac Yen district, Son La province) until September 30, 2018 as its revenues cannot offset the operating costs.

Four reasons to stop 'reviving' Thach Khe iron mine

The Ministry of Planning and Investment (MPI) has proposed stopping Thach Khe iron mine project due to four concerns including investor capacity, environmental impact, a market for iron ore and transportation.

Titanium ore exploitation puts environmental protection in a high priority

The Authority of Planning and Investment of Binh Thuan province (the Authority) highly emphasized that the exploitation of titanium ore must aim at a sustainable development to link socio-economic efficiency with environmental protection.

Japan offers Vietnam a non-refundable ODA of US$16.6 million

On August 10, the Japan International Cooperation Agency (JICA) and the Ministry of Agriculture and Rural Development (MARD) entered an agreement on the Project for Emergency reservoir operation and effective flood management using water related disaster management information system.

Titanium Mining: Binh Thuan at risk of "dying of thirst"

Catastrophic consequences of titanium mining as well as tremendous impacts on the environment of Binh Thuan province are expected to be serious, according to scientists.

Resuscitation of Thach Khe iron mine might cause a serious environmental disaster

If Thach Khe iron mine is resuscitated, in case of incident, the environmental disasters will be much more serious than Formosa incident.

Quota imposition and processing constraints ignite titanium smuggling on the sea

The status of titanium exploitation and smuggling in the central provinces is still complicated, causing waste of natural resources and environmental pollution.

Profits of ever largest Thach Khe iron mine estimated at US$35 billion raised doubts

Thach Khe iron mine is valued at US$35 billion, according to many experts, however, the economic profits when resuscitating the largest iron project in Southeast Asia have to be seriously considered.

Hanoians lost thousands of billions of VND incurred by air pollution

Ha Noi was becoming one of the top cities with air pollution in the country as the concentration of dust reached two - three times higher than the allowable limit on many roads.

Formosa's spending of US$350 million to improve its production technology hailed

Prime Minister Nguyen Xuan Phuc has just paid a field inspection of Formosa, confirming that the steel mill will be closed if toxic spill incident is reoccured.

Asian Development Bank to launch the “Save the Ocean” competition

7-Eleven Vietnam, Triip.Me and Mekong Business Initiative (a project funded by Australian Government and Asian Development Bank), have officially launched the competition “Save the Ocean”. This competition calls for pioneering initiatives from Vietnamese business people and inventors to reduce plastic pollution in the ocean.