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Southeast Asia's Timor-Leste opens for business

Timor-Leste is, for the first time, opening bidding for mineral tenements, and interest has already been shown by companies based in Australia, China, and elsewhere, the deputy president of the nation's mining regulator Jose Goncalves said at the AOG Energy conference in Perth, Australia.

 “We are excited because we’ve been approached by many companies,” the deputy president of Timor-Leste's mining regulator said.

“We are excited because we’ve been approached by many companies,” the deputy president of Timor-Leste's mining regulator said.

As of Monday, 20 March, pre-qualification for bidding on 49 tenements is open. That's to run until 22 May and is to be followed by the opening of a bidding window from 3 April to 5 June, with the results...

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