PMEA Blog

OceanaGold Corporation (OceanaGold) is a significant Pacific Rimgold producer with a diverse portfolio of operating, development and exploration assets.
The company has an established presence in the South Island of New Zealand and the Philippines, with dominant land holdings in the Macraes and Reefton goldfields in New Zealand and the DidipioValleyin the Philippines.
OceanaGold fully commissioned its second mine in the […]

From: The Peninsula On-line: Qatar’s leading English Daily
manila • Philippine troops will train private militias to protect foreign mining firms and other companies operating in rural areas from communist rebel attacks, the armed forces chief said.
A soldier would be assigned to each of the local militia groups that would be mainly deployed to mining companies […]

By Tonette Orejas
Philippine Daily Inquirer
CITY OF SAN FERNANDO, Philippines — The Army has been tapped to secure a mining subsidiary of a conglomerate involved in a dispute with another mining firm over a foreshore area being proposed as a port site in Sta. Cruz, Zambales.
A memorandum of agreement (MOA) between the Army’s 7th Infantry Division […]

From: Inquirer.net
By Melvin Gascon
Northern Luzon Bureau
BAYOMBONG, NUEVA VIZCAYA — Officials of upland Kasibu town have elevated to the Supreme Court their appeal to stop an Australian mining company from pushing its project there for its supposed failure to get the consent of local communities.
Kasibu Mayor Romeo Tayaban and members of the municipal council on Thursday […]

From: ABS-CBN News Online
By PIA LEE-BRAGO
The Philippine Star
Australia assured that their military will not engage in combat operations against terrorists in the Philippines under the bilateral defense pact Status of Visiting Forces Agreement (SOVFA).
Australian Ambassador Tony Hely said that visiting Australian troops under the agreement would not be sent to defend Australia’s mining interests in […]

From: Maerketwire
CALGARY, ALBERTA–(Marketwire - Jan. 21, 2008) - TVI Pacific Inc. (TSX:TVI) or (the “Company”) announced today that it and its Philippine affiliate, TVI Resource Development (Phils.) Ltd. (”TVIRD”), have signed a nonbinding term sheet (the “Term Sheet”) to secure funds with LIM Asia Arbitrage Fund Inc and LIM Asia Special Situations Master Fund Limited […]

From: Philippine Daily Inquirer
By Ronnel Domingo
MANILA, Philippines — The parent firm of TVI Resource and Development (Philippines) Ltd., a mining company in the southern province of Zamboanga del Norte, announced it had agreed to extend talks with Atlas Consolidated Mining and Development Corp. on a possible joint venture to develop a P159-million project.
Canadian firm TVI […]

From: ABC News Australia
Policy inconsistencies, hostility from the church and rebel threats have long frustrated companies hoping to mine for minerals in the Philippines.
But with easily accessible deposits elsewhere in the world already picked over, those risks are an increasingly inevitable part of the business.
When communist rebels attacked a mining camp in the southern Philippines […]

CALGARY, ALBERTA–(Marketwire - Jan. 16, 2008) - TVI Pacific Inc. (TSX:TVI) (”TVI” or the “Company”) announced today that its Philippine affiliate, TVI Resource Development (Phils.) Ltd. (”TVIRD”), and Atlas Consolidated Mining and Development Corp. (”ACMDC”) have agreed to extend their negotiations respecting the establishment of a joint venture for the development of TVIRD’s Canatuan sulphide […]

By Estrella Torres, Reporter
The Business Mirror
AUSTRALIAN mining investors are worried by the growing antimining sentiments in the Philippines that cause security concerns in areas of project explorations, Canberra’s top official in Manila said.
Australian Ambassador to the Philippines Tony Hely said the mining sector in the Philippines continues to attract Australian investors in the last few […]