Manila’s Philex to spend US$1 billion on gold-copper mine

Philex Mining Corp, a Philippines’ listed mining firm, may spend up to US$1 billion with partner Anglo American plc to develop the Boyongan gold-copper mine in Suriagao province in the southern region of Mindanao, Philippines.
Philex revealed that Anglo American plc, is currently spending approximately US$50 million on a feasibility study to determine the viability of […]

OceanaGold Appoints Chairman, OceanaGold (Philippines), Inc

MELBOURNE, Australia, Sept. 10 /CNW/ - OceanaGold Corporation today announced that Jose (Joey) P. Leviste Jr. has been appointed Chairman of its wholly-owned subsidiary company in the Philippines, OceanaGold (Philippines), Inc.
Joey has been a Director of the Philippines company since OceanaGold’s merger with Climax Mining in 2006. He was also a Director of the Climax […]

Aussie firm told to stop mining exploration in Vizcaya

From: Inquirer.net
To avert fresh violence, Environment Secretary Joselito Atienza on Thursday ordered an Australian mining firm to stop hauling equipment to its mining exploration site in Kasibu, Nueva Vizcaya.
Scores of tribal folks were hurt Wednesday afternoon after clashing with paramilitary forces who tried to transport heavy equipment past their barricade to the Oxiana Philippines Inc. […]