PMEA Blog

GENERAL SANTOS CITY (MindaNews/26 March) – Australian firm Indophil Resources NL has increased to 37.5 percent its stakes in a huge copper and gold venture straddling three Mindanao provinces by buying Alsons Corporation’s five percent interest in the project, officials announced today in a statement.

Alsons (C. Alcantara and Sons) will exchange its five percent interest […]

Manila, Philippines (AHN) - Australian-listed Rusina Mining announced Monday it would initiate exploration for nickel and plutonium at the Acoje mining area in Zambales, northwest of the Philippines capital of Manila, starting this year.
Robert Gregory, managing director of Rusina said in a statement, “We are very excited about the Acoje project. The property is quite […]

Rapu-Rapu, Philippines - When Australia’s Lafayette Mining Ltd began its polymetallic mining operations on the eastern Philippine island of Rapu-Rapu two years ago, it was met with stiff resistance from residents and environmental activists.
‘They are not welcome here,’ Domingo Guinan, a 40-year-old fisherman and farmer, said as he bluntly voiced out his opposition to Lafayette’s […]

SOME 3,000 indigenous folks in Zamboanga del Norte threatened to campaign against the candidates of Team Unity for the Senate and local positions if the government will continue to ignore their petition to stop the mining operations of a Canadian mining firm.
They also threatened to bring their grievances to the United Nations Commission on Human […]

Manila: Philippine copper output is expected to rise 85 per cent this year and gold output by 16 per cent due to the opening of new mines funded by foreigners, Environment Secretary Angelo Reyes said yesterday.
“Our projections show that, indeed, the Philippine mining industry is facing a major take-off in the next two to three […]

AUSTRALIA’S Lafayette Mining, the first overseas company to run a copper mine in the Philippines after investment rules were relaxed in 2004, will next month send its first bulk shipment since the project reopened.
The company will export 2000 tonnes of copper concentrate and 3000 tonnes of zinc concentrate from its mine on the island of […]

Manila, Philippines (AHN) - Australian-based mining firm Rusina Mining NL announced that it has entered into an agreement with Philippine-based DMCI Holdings for initial nickel mining at its Acoje Project in Luzon Island in the Philippines.
Under the agreement, Rusina and DMCI would have a profit-sharing and partnering contract for at least five million tons of […]

Adelaide, Mar 8, 2007 (ACN Newswire) - Australia’s Rusina Mining Limited (ASX: RML)(LSE: RML) is set to become a nickel producer within months under a financing and mining contract announced yesterday for part of its lucrative Acoje project in the Philippines.
The deal will see 5 million tonnes of Acoje’s surface nickel laterites mined over the […]

LONDON (AFX) - Toledo Mining Corp PLC said a second shipment of about 51,000 tonnes of laterite ore left the Berong port in the Philippines on March 2 and that the shipment, for the Chinese market, was loaded in under seven days.
The mining company said a third shipment of about 50,000 tonnes is expected to […]

SORSOGON CITY- Church leaders and anti-mining advocates in Albay province will launch their own campaign against candidates who favor mining operations, a bishop of the Catholic Church said.
Legaspi City auxiliary Bishop Lucilo Quiambao, said the mining issue is a “valid and very important issue” for the people of Albay which has to be addressed by […]