PMEA Blog

Canadian-led Philippine Metals Corp. will secure as much as $8 million in investments from another Canadian miner through a share sale to fund exploration projects in the Philippines.
On its Web site, Philippine Metals said New Meridian Mining Corp. was set to conduct a private placement of 11.111 million subscription receipts of Philippine Metals at a […]

Atlas Consolidated Mining and Development Corporation (PSE:AT), in its disclosure to the Philippine Stock Exchange Monday, reported that its subsidiary Carmen Copper Corporation (CCC) has just completed its first shipment of copper concentrates from its Toledo copper mine in Cebu early this January.
A total of 5,545.834 wet metric tons (wmt) were loaded from its Sangi […]

abs-cbnNEWS.com
MANILA, Philippines - Publicly listed Atlas Consolidated Mining and Development Corp. announced on Monday that its subsidiary has just completed its first shipment of copper concentrates from its Toledo mine in Cebu City for the year 2010.
In a statement to the Philippine Stock Exchange, Atlas said Carmen Copper Corp. has shipped a total of 5,545.834 […]

Jennifer A. Ng / Reporter
MORE foreign investors are taking stock of the viability of the Philippine mining sector and are keen on exploring business opportunities here in the Philippines, a senior official of the Mines and Geosciences Bureau (MGB) said.
MGB assistant director Edwin Domingo said there are signs pointing to the possible entry of investors […]

philstar.com
MANILA, Philippines (Xinhua) - Canadian mining firm TVI Resource Development (Phils.), Inc. (TVIRD) delivered its 10th shipment of copper concentrates from its Canatuan mine in Zamboanga del Norte totaling 5,284 dry metric tons (DMT) worth 7.7 million US dollars to Swiss firm MRI Trading AG (MRI).
Rocky Dimaculangan, TVIRD’s company manager for corporate affairs, said Tuesday […]

Five mining projects worth $185 million are expected to start operations in the first quarter to take advantage of rising metal prices, as the global economic recovery leads to increased demand.
“These are not the so-called big-ticket projects, but they are significant as well since they will be contributing to the projected increase in mineral production […]

abs-cbnNEWS.com
MANILA, Philippines - Canadian mining firm Crew Gold Corp. has completed the sale of its 28% direct interest in Apex Mining Co. to Mindanao Gold Ltd., a Malaysian company.
Crew Gold sold 211.534 million Class B shares in Apex to Mindanao Gold for P0.23682 apiece in a special block sale at the Philippine Stock Exchange. In […]

abs-cbnNEWS.com
MANILA, Philippines - Philex Mining Corp. shipped out P9.51 billion worth of metals in 2009, the mining firm announced on Tuesday.
In a statement, Philex said the value for its shipment in December jumped 59.1% to P910 million compared to last year’s P572 million as metal prices rose in the world market.
Read more..

By Riza T. Olchondra
Philippine Daily Inquirer
MANILA, Philippines–CENTURY PEAK CORP. may proceed with the development of the Casiguran nickel project in southern Philippines, according to the mining arm of the Department of Environment and Natural Resources’ (DENR).
“Century Peak Corporation is henceforth authorized to proceed with the development and operating periods of Mineral Production Sharing Agreement (MPSA) […]