PMEA Blog

From: www.bloomberg.com
By Jesse Riseborough and Luzi Ann Javier
July 21 (Bloomberg) — Suspected Communist rebels attacked Xstrata Plc’s $3 billion Tampakan mine in the Philippines, which may be Southeast Asia’s largest untapped copper deposit, according to the military and project partner Indophil Resources NL.
The group burned a drill rig and police are investigating, the Melbourne-based company […]

From: www.proactiveinvestors.com.au
Rusina Mining, the nickel laterite producer, announced that Robert Gregory, CEO and Managing Director, acquired 27,327 shares, taking his interest to 112,327 shares, or 0.046% of the Company. Robert Gregory also holds 3 million options exercisable at 16.4 cents that expire on August 23, 2008.
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From: www.reuters.com
MANILA, July 18 (Reuters) - The Philippines’ Berong Nickel Corp is in talks to double its long-term annual supply deal with BHP Billiton to 1 million tonnes of laterite nickel ore beginning March, a company official said on Friday.
Berong Nickel, in which Toledo Mining and Atlas Consolidated Mining Corp have stakes, currently has an […]

From: business.inquirer.net
By Amy R. Remo
Philippine Daily Inquirer
MANILA, Philippines—Publicly listed Atlas Consolidated Mining and Development Corp. said Friday it expected to start commercial production at its copper mine in Toledo City, in Cebu province, next month and process 20,000 metric tons of ore daily.
It reported at its annual meeting of stockholders that it had begun commissioning […]

From: afp.google.com
TAGUM, Philippines (AFP) — Communist guerrillas Sunday shot and wounded two Philippine soldiers after an attack that saw drilling equipment owned by the Swiss-based mining giant Xstrata set on fire.
The New People’s Army (NPA) struck before dawn near the town of Kiblawan on Mindanao island, where Xstrata subsidiary Sagittarius Mining Inc. is developing a […]

From: jurist.law.pitt.edu
Christina Hill [Acting Extractive Industries Advocacy Coordinator, Oxfam Australia]: “The news that the Human Rights Commission of the Philippines will investigate human rights abuses by Australian mining company OceanaGold, who is developing a gold and copper mine in Didipio is welcome. Didipio, which is located in the northern Philippines, is home to about 2,000 […]

From: www.odt.co.nz
By Simon Hartley
Oceana Gold has for the second time in a year rejected allegations of human rights abuses at its $418 million Didipio gold and copper development mine in the northern Philippines.
Oceana vice-president of corporate and investor relations Darren Klinck yesterday rejected the conclusion of articles which he said had recently appeared in the […]

From: newsinfo.inquirer.net
By Veronica Uy
INQUIRER.net
MANILA, Philippines — All 12 Australian mining companies operating in the Philippines adhere to the “highest safety and environmental standards,” Australian Ambassador to the country Rod Smith said Monday.
His comment came following complaints of killings, harassments and mass displacement of indigenous tribes filed against Oceana Gold, which operates the $320-million copper and […]

From: newsinfo.inquirer.net
By Redempto Anda
Philippine Daily Inquirer
PUERTO PRINCESA CITY – Palawan officials on Tuesday accused Malacañang of laying the groundwork for the unhampered entry of mining by clipping the powers of a provincial body issuing environmental clearances to major investment projects.
In a session, the provincial board unanimously approved a resolution asking President Macapagal-Arroyo to revoke Executive […]

From: afp.google.com
MANILA (AFP) — An Australian mine operator in the Philippines is to be investigated for alleged human rights abuses, the Commission on Human Rights said Thursday.
The Manila-based rights body said investigators would examine reports of rights violations by Oceana Gold (Philippines) Inc. at its mining site in Didipio in the northern province of Nueva […]