PMEA Blog

EDMONTON, ALBERTA–(Marketwire - March 15, 2010) - Mindoro Resources Ltd. (TSX VENTURE:MIO); (FRANKFURT:WKN 906167) announces that it has received the final options study commissioned to examine the range of development and processing options available and comment on their applicability to the Agata nickel laterite resource and the Surigao regional nickel laterite Exploration Target. The study […]

Metals Exploration (AIM: MTL) has been awarded he Environmental Compliance Certificate (ECC) for the Runruno gold-molybdenum project on the island of Luzon in the northern Philippines following a positive evaluation of the project’s environmental impact statement by the Environmental Management Bureau (EMB).
The ECC certified that the project has complied with all the requirements of the […]

Diversifying conglomerate San Miguel Corp. may find itself mired in a legal tussle after acquiring controversial coal miner Daguma Agro Minerals Inc.
San Miguel has just bought Daguma Agro (See March 6, 2010 issue of Standard Today), an upstart mining company that has rights over one of the country’s richest coal deposits, and plans to put […]

Rising metal prices failed to offset the lower volume of minerals shipped by listed Philex Mining Corp., which posted lower profits last year.
In a statement on Monday, the country’s largest miner said net income slid by 2.14 percent to P2.74 billion last year.
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Medusa Mining (ASX/AIM: MML: TSX: MLL) has announced a one for ten bonus issue of shares to all shareholders of the Company.
In a statement, the Company said it had achieved several significant milestones in the last calendar year and the bonus issue is in recognition of the invaluable support the Company has received from […]

abs-cbnNEWS.com
MANILA, Philippines - Higher metal prices boosted the value of ore produced from Philex Mining Corp.’s Padcal mine in Benguet province.
In a disclosure to the Philippine Stock Exchange, Philex said the estimated value of its production for the first 2 months of the year rose 9% to P1.58 billion from P1.45 billion in the same […]

EDMONTON, ALBERTA–(Marketwire - March 5, 2010) - Mindoro Resources Ltd. (TSX VENTURE:MIO); (FRANKFURT:WKN 906167) is pleased to announce results of a new mineral resource estimate for the Kay Tanda gold-silver resource, Archangel Project, Batangas, Philippines The new resource estimate, shown in the table below, demonstrates a 34 percent increase in grade, and a 22 percent […]

(RTTNews) - Toledo Mining Corporation plc (TMC.L: News ) announced the appointment of Ken Stein as Chief Operating Officer, effective 1 April 2010. Based in Manila, Stein will be responsible for managing Toledo’s assets in the Philippines and will report directly to the Chairman, Reg Eccles.
Ken Stein joins Toledo from European Nickel PLC where […]

European Nickel PLC (AIM, PLUS: ENK) and Rusina Mining (AIM: RMLA, ASX: RML) have announced that the due diligence conditions contained in their Merger Implementation Agreement have been satisfied and accordingly the Scheme of Arrangement transaction is no longer subject to these conditions.
Commenting on this milestone, Simon Purkiss, Managing Director of European Nickel, said, “we […]

BusinessWorld
MANILA, Philippines - Two Canadian mining companies are keen on setting their feet in the Philippine shore, one of which has already acquired three mining concessions.
Coronado Resources Ltd. and Crazy Horse Resources, Inc. separately told the Toronto Stock Exchange earlier this month that they have already made progresses in their plans to take part in […]