PMEA Blog

From: www.sunstar.com.ph
LA TRINIDAD, Benguet — Large commercial mining operations of Lepanto, Philex and other large mines are still causing huge worries for Cordillera’s indigenous peoples (IPs).
This is because large-scale mining, most of the times, are felt by IPs as “destructive” to the environment, their culture and societies.
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From: www.tradingmarkets.com
MANILA, Aug 19, 2008 — CGA Mining Ltd.’s (CGA.T) Masbate gold project in the central Philippines is expected to start commercial mining on schedule in the first quarter of next year, a company official said Tuesday.
Construction of the milling plant is about 65% complete, giving the company ample time to finish it by January, […]

From: www.proactiveinvestors.com.au
Medusa Mining, best known for producing gold from the high grade Co-0 Mine in the Philippines, announced that first pass drilling at the Kamarangan Prospect had intersected “visible copper and molybdenum”. Drilling also intersected massive magnetite with copper and gold mineralisation in the overlying skarn rocks.
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From: www.odt.co.nz
By Simon Hartley
Oceana Gold, New Zealand’s largest gold miner, rejects claims it is facing its most crucial period during the 18-year life of its mainstay Macraes site in East Otago. Otago Daily Times business reporter Simon Hartley talks to Oceana chief executive Steve Orr about its decimated market capitalisation and, more importantly, Oceana’s quest […]

From: steelguru.com
Reuters reported that mining groups from Brazil to Australia are combing the Philippines for copper, nickel and gold but patience is required to see a return on investment. Disagreement over contracts, communist rebel attacks, financial difficulties and local opposition have stalled some existing mining projects in the Philippines but with metal prices still high, […]

From: www.mineweb.com
It has always been your Company’s intention to maximise the value of its large nickel resource base through product beneficiation. It is very pleasing therefore, to report that shortly after the end of the year under review, we signed a memorandum of understanding with Jiangxi Rare Earth and Rare Metals Tungsten Group, a major, […]

From: www.hemscott.com
LONDON (Thomson Financial) - AIM-quoted Medusa Mining Ltd. said it has intersected ‘potentially large’ mineralised quartz diorite porphyry complex with visible copper and molybdenum during drilling at Kamarangan, Philippines.
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From: www.tradingmarkets.com
MANILA, Aug 14, 2008 — China’s Sino Gold may invest in the development of the Didipio copper-gold project in northern Philippines, owned by OceanaGold Corp. (OGC.AX), a senior government official said Thursday.
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From: www.tradingmarkets.com
MANILA, Aug 13, 2008 (Dow Jones Commodities News via Comtex) — Mindoro Resources Ltd. (MIO.V) said Wednesday it has increased its resource estimate for its Agata nickel laterite project in the southern Philippines by 36%, a development that could lead the mining firm to set up a nickel processing plant.
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From: newsinfo.inquirer.net
By Abigail Kwok
INQUIRER.net
MANILA, Philippines — Indigenous groups in the country are in decline because of the government’s alleged “militarist and aggressive economic policies,” a coalition of indigenous groups said on Wednesday.
Groups from Central Luzon, led by the Central Luzon Aeta Association (CLAA), marched to the Don Chino Roces Bridge (formerly Mendiola) to protest the […]