PMEA Blog

TORONTO, CANADA — 11/25/09 — Philex Gold Inc. (”Philex” or the “Company”) (TSX VENTURE: PGI) is pleased to announce the completion of the National Instrument 43-101 (”NI 43-101″) compliant mineral resource estimates for its Bayugo prospect on the Silangan property (the “Bayugo Project”) in the Republic of the Philippines in which the Company has a […]

TWO years after the Cockatoo camp was set up in Isabel Province by Japanese nickel mining firm, Sumitomo Metal Mining (SMM), the company is now in its final exploration stages with satisfying results.
The operation is currently undertaken by its subsidiary SMM Solomon Limited (SMMS), which was established in August 2005 to carry out the exploration.
Read […]

Edu Punay (The Philippine Star)
MANILA, Philippines - The Supreme Court has affirmed its ruling giving the government full control and supervision of mining operations in Agusan-Davao-Surigao Forest Reserve known as the “Diwal-wal Gold Rush Area.”
In a 46-page decision, the High Tribunal junked the appeal filed by Southeast Mindanao Gold Mining Corp. of its June […]

MANILA, Nov 24 (Reuters) - The Philippines may cancel a mining permit for a $2.4-billion nickel project by Norway’s Intex Resources ASA (ITXX.OL) if a probe shows local communities were not consulted about it, a top official said on Tuesday.
Manila last week suspended Intex’s permit for 90 days to look into allegations by demonstrators that […]

Dual-listed gold producer CGA Mining (ASX: CGX, TSX: CGA) has achieved a record daily throughput at the Masbate Gold Project in the Philippines.
A record daily throughput was achieved for 17 November 2009 with 17,123t’s milled (106 microns). This equates to a feed rate of 713dt/h.
Read more..
The Philippines’ Premier IT Mining support company, click here to […]

Esmarie Swanepoel
JOHANNESBURG (miningweekly.com) – ASX-listed gold explorer Red 5 would start construction of its flagship 849000 oz/y Siana gold project, in the Philippines early next year, after receiving the final regulatory approval from the Filipino government for the $73-million development.
The government has issued the order approving the declaration of mining feasibility, which represented the final […]

Leonardo Perante II / Correspondent
DIADI, Nueva Vizcaya—After crossing borders to provide assistance to victims of typhoons that hit Northern Luzon recently, OceanaGold Philippines Inc. (OGPI) the ensuing day conducted another medical mission in this hilly town.
Spearheaded by community-relations manager Jun Floresca of OGPI’s exploration division, a team of doctors, dentists, nurses and social workers from […]

MANILA, Nov 20 (Reuters) - Philex Mining Corp jumped as much as 9 percent in early trade on Friday following a newspaper report saying the president of San Miguel Corp was in talks to buy 22 percent of the Philippines’ top miner.
Ramon Ang, San Miguel’s president, was quoted by The Philippine Star newspaper as saying […]

MANILA, Nov 19 (Reuters) - Shares of Lepanto Consolidated Mining Co jumped over 10 percent in early trade on Thursday a day after the Philippine miner said it was in talks to sell a stake to Hong Kong’s First Pacific Co.
Lepanto’s A shares restricted to local players gained as much as 12.5 percent to 0.27 […]

CEBU, Philippines - The Philippine Mining Service Corporation-Alcoy Mine/Dolomite Mining Corporation in Alcoy, Cebu was announced Titanium Winner under the Quarry Operation Category of the Presidential Mineral Industry Environmental Award and 2nd Runner-Up for Non-Mettalic Category of Best Mining Forest during the 56th Annual National Mine Safety and Environment Conference last November 14 in Baguio […]