PMEA Blog

From: www.survival-international.org
A tribe in the Philippines has served its own tribal justice on Canadian mining company, TVI Pacific.
The Subanen, whose name means ‘people of the river’, live in the forested mountains of Mindanao island. They have invoked their traditional justice authority, the ‘Gukom’, which has found the Canadian mining company TVI Pacific guilty of crimes […]

From: www.hemscott.com
LONDON (Thomson Financial) - Rusina Mining NL said it has made three shipments of 160,418 wet metric tonnes at 1.7 percent nickel during the quarter ended June 28.
On its agreement to acquire the Barlo Exploration Permit plus other operational assets from the Administrator of Fire Resources Ltd., the company said it has paid a […]

From: canadianpress.google.com
CALGARY — TVI Pacific Inc., a Calgary-based mining company operating in the Philippines, says its wholly owned subsidiary, Exploration Drilling Corp., has sold its non-core drilling operations and associated equipment in the Kyrgyz Republic for US$1.2 million.
The sale of the Kyrgyzstan drilling assets in central Asia is consistent with TVI’s previously announced decision to […]

From: www.tradingmarkets.com
The refurbishment (US$6.0M) of the SAG Mill and ancillary equipment for the Masbate Gold Project which has been undertaken in Edmonton, Canada by Weir Minerals (Australia) Ltd (”Weir”), is now complete.
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From: newsinfo.inquirer.net
By Carla Gomez
Philippine Daily Inquirer
BACOLOD CITY – Suspected Communist rebels burned a bunkhouse and two other buildings owned by the United Philippines Drilling Corp. (UPDC) operating in Barangay Nabulao, Sipalay City, Negros Occidental on Wednesday night.
UPDC, a Philippine-based drilling company, was conducting copper drilling operations for Philex Mining Corp.
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From: www.abs-cbnnews.com
MCCI Corp., the holding company for the smelting operations of nickel miner Platinum Group Metals Corp. (PGMC), said Wednesday it would export P25.2 billion worth of ferronickel in five years starting 2009.
The company expects to start commercial operations of its P2-billion ferronickel smelting projects early next year. These are located in Manticao, Misamis Oriental; […]

From: www.metalmarkets.org.uk
By Gill Montia
Australian miner, OceanaGold, has announced that it is currently in discussions with various parties regarding strategic options for its Didipio project in the Northern Philippines.
The company needs to raise $185 million to continue with the project and is considering joint venture and/or merger opportunities in relation to the troubled copper and gold […]

From: business.inquirer.net
MANILA, Philippines–Canadian mining firm TVI Pacific said Tuesday its Philippine unit had tapped BNP Paribas to raise on a best-effort basis up to $40 million, which it said it would use to develop various projects in the southern Zamboanga Peninsula.
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From: uk.reuters.com
MANILA (Reuters) - Australian miner OceanaGold is talking to financial firms and rival gold miners about investing in or even buying its troubled copper and gold project in the northern Philippines, the company said on Wednesday.
The Didipio project is viewed as a test case for foreign ownership in the Philippine minerals sector, but has […]

From: www.newswire.ca
PERTH, Western Australia, July 23 /CNW/ - Refurbishment (US$3.7M) of the two units of 17.5? x 25.5? ball mills and the majority of the ancillary equipment for the Masbate Gold Project is now complete. On July 19 2008 the ball mill components were transported by barge from Cebu Philippines, arrived at the project jetty […]