PMEA Blog

Sydney, Feb 19, 2008 (RWE via COMTEX) — NGMRF | news | PowerRating | PR Charts — (RWE Aust Business News) NGM Resources (ASX:NGM) has expanded its global spread of resource projects, with an option and joint venture agreement to explore for copper in the Philippines.
The agreement with Jabal Development Mining Inc involves a 5,000 […]

MANILA, Feb 19 (Reuters) - Lafayette Philippines, a unit of Australia’s Lafayette Mining (LAF.AX: Quote, Profile, Research), is in talks to sell its copper and gold mine to partner Korean Resources Inc (Kores), a government official said on Tuesday.
The director of the Mines and Geosciences Bureau told reporters that Kores was conducting due diligence on […]

From: Inquirer.net
By Ronnel Domingo
Philippine Daily Inquirer
MANILA, Philippines — Australian miner OceanaGold Corp. said it expected to complete in the first quarter a drilling program in the northern province of Nueva Vizcaya, which would take it a step closer toward producing gold and copper by 2009 despite resistance from surrounding communities.
In a statement posted on its […]

From: Forbes.com
AFX News Limited
LONDON (Thomson Financial) - Rusina Mining NL said its partner DCMI’s Santa Cruz Port in the Philippines has commenced loading the MV Mustang vessel with nickle and iron for Chinese buyers.
Further, the mining company said that it would ship 50,000 tonnes (1.2-1.4 pct nickel) cargos over the next months clearing the port […]

From: Philippine Daily Inquirer
The mining sector exported $2.1 billion worth of products — gold, nickel, copper and silver — last year, up 61 percent from $1.3 billion in 2006, the Chamber of Mines of the Philippines reported.
It also contributed P13 billion in taxes and $1.4 billion in investments, the group said in a statement.
“The government […]

From: Philippine Information Agency (PIA.gov.ph)
30 OSYs, 23 teachers in Nueva Vizcaya benefit from mining firm
QUEZON, Nueva Vizcaya (February 11) — At least 30 out-of–school youths (OSYs) and 23 teachers have benefited from the assistance of a British-owned mining company in barangay Runruno here.
Dr. Ernie Mendoza, MTL Philippines, Inc. Senior Vice President for Corporate Affairs said […]

From: Inquirer.net
By Ronnel Domingo
Philippine Daily Inquirer
CANADIAN mineral exploration firm Mindoro Resources Ltd. said it was looking at the possibility of locally processing the ore from its Agata nickel laterite projects instead of shipping it out to buyers.
In a statement posted on its website, Mindoro Resources said it was entertaining the option due to the large […]

MANILA - Operators of the Rapu-Rapu mining project in the Philippines have sought court protection from creditors as investors hold talks with a South Korean group for a possible buy-in, the managers said.
One of the first projects to reach the production stage after a new Philippines mining law took effect in 2005, Rapu-Rapu has been […]

From: M&C - monstersandcritics.com
Manila - The Philippines will create an ‘investment defence force’ to guard mining sites, power facilities and other infrastructure against attacks by communist rebels, President Gloria Macapagal Arroyo said Friday.
Arroyo said the investment defence force will act as a ‘protective shield’ to such facilities as electricity transmission lines, mines and telecommunication towers, […]

From: Inquirer.net
By Frinston Lim
Philippine Daily Inquirer
TAGUM CITY, Philippines – (UPDATE) Two security guards when killed when suspected communist guerrillas, riding a rented pickup truck, stormed a mining facility owned by a mayor in Compostela Valley province Wednesday, a military official said.
The attack occurred as the Communist Party of the Philippines (CPP) warned it would step […]