Australia and Mongolia received the major awards in the first Asia Mining Awards which honoured the top executives and companies in the exploration, mining, mining finance and investment areas.
These awards, given on March 22 during the 5th Annual Mines and Money Hong Kong, were nominated by the industry, shortlisted by a panel of international mining experts and nominees were again voted on by the industry before the winners were named.
Winners of the different categories are:
Discovery of the Year – Indochine Mining, an Australian mining company for their gold-copper
discoveries in Cambodia and the reactivation of the Mt Kare gold-silver project in PNG.
Deal of the Year – Hunnu Coal, an Australian incorporated company with their Mongolian project for listing on the ASX at 20 cents and selling just 18 months later at AUD1.80
Project Development of the Year – Oyu Tolgoi project in Mongolia.
Fund Manager of the Year – James Passin, co-founder and manager of Firebird Global Fund. Also his Mongolia Fund Class A which started in 2010 and has managed to achieve 161 percent growth since inception including more than 90 percent in the first quarter of 2011.
Mining Country of the Year – Mongolia, a country that has dominated the mining headlines for the past few years, with the development of some world-class projects.
Mining Personality of the Year –Robert Friedland, founder and CEO of Ivanhoe
Mines who has been instrumental in Mongolia's emergence as one of the most exciting destinations in world mining.
