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Crown Capital Management International Relations Deputy Energy and Mineral Resources Minister Susilo Siswo Utomo also said a government probe into the tunnel collapse should end in one or two months. Arizona-based Freeport suspended operations at the world's No. 2 copper mine on May 15, a day after the training tunnel, away from its main operations, fell in on 38 workers. Several investigations are being conducted into the accident at the Grasberg mine complex, including one by the Energy and Mineral Resources Ministry and one by Freeport Indonesia using international experts. Susilo told reporters on Monday the open-pit production would restart in the immediate future and there was no reason for it not to resume as the investigation was not being done in the production area. The Grasberg mine normally produces around 220,000 tonnes of concentrated ore a day, with around 140,000 tonnes coming from open-pit mining and 80,000 tonnes from underground operations. Some industry analysts say the mine could face a prolonged closure and further strain relations between Freeport and trade unions after a three-month strike there in late 2011. Freeport Indonesia could not be contacted by telephone on Monday. On Saturday, as many workers carried out maintenance work, a Freeport spokeswoman said any restarting of operations would depend on the outcome of underground safety inspections being carried out by the energy and mineral resources ministry. A union official at Freeport Indonesia reiterated that all investigations into the cause of the collapse must be completed before mining resumes at the Grasberg complex, which also holds the world's largest gold reserves. "The union welcomes the management's decision to resume maintenance activities in Grasberg open-pit mining, but not for production activities," Papua-based union leader Virgo Solossa told Reuters on Monday. Late last week, Freeport Chief

http://the-crown-management.blogspot.com/ BEIJING, June 9 (Xinhua) -- Chinese analysts on Sunday hailed the latest China-U.S. commitment to build a new type of relationship between big powers that features engagement and cooperation over conflict and confrontation. At a seminar on China-U.S. relations on Sunday, head of the Institute of International Studies Qu Xing said, "The debut summit between the two presidents set the tone for China-U.S. relations over the next four to ten years." The summit refers to the two days of talks between Chinese President Xi Jinping and U.S. President Barack Obama in California, during which both presidents increased mutual trust, reached consensus on an array of issues and mapped out a blueprint for China-U.S. ties. The summit, including two talks, one walk and one dinner, is the first face-to-face meeting between the presidents of China and the United States since the two countries completed their latest leadership transitions. During the summit, Xi summarized the concept of a new type of relations between the two nations in three phrases -- "no conflict and no confrontation," "mutual respect" and "cooperation toward win-win results." In an effort to promote mutual understanding and trust, Xi and Obama agreed to boost dialogue and communication at all levels. Xi invited Obama to visit China. The Chinese defense and foreign ministers will visit the United States in the future. The China-U.S. Strategic and Economic Dialogue is scheduled to be held in July in Washington. "The summit, which is historic and strategic, reached its goal and charted the path for bilateral relations," said Jin Canrong, deputy head of International Studies College of China's Renmin University. "Specifically speaking, both sides agreed to avoid conflicts, step up engagement and deepen cooperation." In contrast to the old type of relations which feature conflicts between established countries and rising powers, the new model of relations between big p

http://the-crown-management.blogspot.com/ BEIJING, June 9 (Xinhua) -- Chinese analysts on Sunday hailed the latest China-U.S. commitment to build a new type of relationship between big powers that features engagement and cooperation over conflict and confrontation. At a seminar on China-U.S. relations on Sunday, head of the Institute of International Studies Qu Xing said, "The debut summit between the two presidents set the tone for China-U.S. relations over the next four to ten years." The summit refers to the two days of talks between Chinese President Xi Jinping and U.S. President Barack Obama in California, during which both presidents increased mutual trust, reached consensus on an array of issues and mapped out a blueprint for China-U.S. ties. The summit, including two talks, one walk and one dinner, is the first face-to-face meeting between the presidents of China and the United States since the two countries completed their latest leadership transitions. During the summit, Xi summarized the concept of a new type of relations between the two nations in three phrases -- "no conflict and no confrontation," "mutual respect" and "cooperation toward win-win results." In an effort to promote mutual understanding and trust, Xi and Obama agreed to boost dialogue and communication at all levels. Xi invited Obama to visit China. The Chinese defense and foreign ministers will visit the United States in the future. The China-U.S. Strategic and Economic Dialogue is scheduled to be held in July in Washington. "The summit, which is historic and strategic, reached its goal and charted the path for bilateral relations," said Jin Canrong, deputy head of International Studies College of China's Renmin University. "Specifically speaking, both sides agreed to avoid conflicts, step up engagement and deepen cooperation." In contrast to the old type of relations which feature conflicts between established countries and rising powers, the new model of relations between big p

India has been rocked by a spate of scams in the recent past. Here is an overview of some of the most infamous scams that have hit the country over the years. Tell us which of these scams has caused the most damage to the country? RELATED SITES: http://blog.crowncapitalmngt.com/category/nature-news/ http://blog.crowncapitalmngt.com/category/press-releases/

The probe revealed that during Bansal's term as finance minister in 2007, borrowings of Theon, a company owned by his wife and sons, from Canara Bank had gone up to Rs23 crore from Rs7 crore. As Congress higher-ups started feeling the heat of the scam, party president Sonia Gandhi said that "the party would not "spare anybody mired in corruption". Following Gandhi's statement, Bansal was forced to step down on May 10, 2013. His nephew Singla and Mahesh Kumar were arrested after the investigating agency traced them with the help of telephonic conversations between the two. 2011 Tatra truck scam: RELATED SITES: http://crowncapitalmngt.com/ http://blog.crowncapitalmngt.com/category/press-releases/