PMEA Blog

VANCOUVER, BRITISH COLUMBIA–(Marketwire - Aug. 4, 2009) - MBMI Resources Inc. (TSX VENTURE:MBR) (”MBMI”) and GC-Global Capital Corp. (TSX VENTURE:GDE.A) (”Global Capital”) are pleased to announce that further to MBMI’s news release of July 27, 2009, the first tranche of a $3,000,000 secured loan (the “Loan”) has closed. Global Capital has advanced $1,000,000 to MBMI […]

Philippine Daily Inquirer
First Posted 21:32:00 08/02/2009
FIRST PACIFIC CO. Ltd. of Hong Kong is considering to invest not just in Lepanto Consolidated Mining Co. but also in the Surigao del Norte mining operations of the latter’s affiliate Manila Mining Corp.
Already the single biggest stockholder in the country’s largest mining firm Philex Mining Corp., First Pacific is […]

New Meridian Mining Corp. (”New Meridian” or the “Corporation”) (NEX:NWC.H) announces additional details regarding terms of the binding letter of intent (”LOI”) entered into with Philippine Metals Corp. (”PMC”), a private Alberta corporation. The LOI was first announced on May 27th, 2009.
The LOI contemplates that New Meridian and PMC will enter into a business combination […]

Mining firm OceanaGold Corp. may expand activities of its ongoing exploration of its gold prospect in Didipio, Nueva Vizcaya
The company was able to renew six exploration permits from the Department of Environment and Natural Resources late in the second quarter.
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Rusina Mining NL (ASX: RMA; AIM: RMLA) said the heap leach trial (HLT) at the Acoje nickel project in the Philippines is now mechanically complete, and 3,000 tonnes of laterite ore is in the process of being crushed for the pad.
Construction continues on a steel roof structure to house the downstream Resin in Pulp / […]