SIFE OceanaGold gives students business training

A total of 75 faculty members and students from six colleges and universities in Region 2 have participated in a regional seminar-workshop on the Students in Free Enterprise (SIFE) held recently at the Nueva Vizcaya State University.
Annette Rafael, Pilipinas SIFE country coordinator, said the activity which was hosted by OceanaGold Philippines Inc., was aimed to […]

Didipio Village Appreciates OceanaGold for its Support for Development Projects

April 26, 2010
Jenny San Juan

Recently held at Didipio Village is the “26th Founding Anniversary Celebration, and Inter-Malabing Valley Summer League 2010”with the theme of “Strengthening the unity and harmonious relationship towards a peaceful and progressive future.”

As an annual social activity, barangay Didipio hosted this year’s summer league joined by 8 other sorrounding barangays namely, Capisaan, […]

Mindoro Ltd: Mindoro Resources Ltd.: Significant Upgrade For Kay Tanda Gold-Silver Resource

EDMONTON, Alberta; March 5, 2010 - Mindoro Resources Ltd. (TSXV: 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 […]

Indophil heaven for hedge funds

It’s been a case of waiting on a slow boat from China for Melbourne-based Indophil Resources.
China’s Zijin Mining, the country’s biggest gold producer and third biggest copper producer, is keen as mustard to complete its $1.28 a share or $525 million takeover bid for the company.
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Medusa to revisit prospect in Philippines

LONDON (SHARECAST) - Gold miner Medusa Mining said drilling on its Saugon First Hit Vein prospect in the Philippines will start in May of this year. The prospect was last drilled by the company in 2004, when gold was trading a little above the $400 an ounce level. Gold is currently trading just below $1100 […]

Medusa Mining Limited: Saugon Drilling Commencing

COMO, WESTERN AUSTRALIA, Apr 20, 2010 (MARKETWIRE via COMTEX) — Medusa Mining Limited /quotes/comstock/11t!e:mll (CA:MLL 4.25, +0.13, +3.16%) (ASX: MML)(AIM: MML) (”Medusa” or the “Company”) through its Philippines operating company Philsaga Mining Corporation (”Philsaga”), advises that drilling will commence during May at the Saugon First Hit Vein Prospect. This project was last drilled […]

Medusa Mining plans to move from AIM market to LSE Main Market

Medusa Mining (ASX, AIM: MML, TSX: MLL)is preparing to move from the AIM market of the London Stock Exchange to the Official List and the Main Market, which it said would help it to “raise its profile on a larger scale”.
Medusa’s graduation from AIM to the Main Market is expected on 17 May 2010, subject […]

TWP’s Australian unit clinches EPCM contract for Philippines gold project

Jonathan Faurie
ASX-listed Western Australian gold exploration company Red 5 has awarded TWP Australia, a division of South African engineering group TWP, the engineering, procurement and construction management (EPCM) contract to develop the plant and associated infrastructure at the Siana gold project, in the Surigao gold district of the Philippines, in which Red 5 holds a […]

Nickel miner listed in Canada raises $2M to fund exploration

MBMI Resources told the Canadian bourse it had raised $2 million via private placement. “The net proceeds shall be used for exploration and development of MBMI’s Philippine nickel mineral properties, and for general corporate purposes,” the miner said.
MBMI Resources said some 10 million shares priced at $0.20 per share were transferred to private investors. The […]

Nickel May Swing to Deficit for First Time in 4 Years

Jae Hur and Ichiro Suzuki
April 14 (Bloomberg) — The nickel market may swing into a deficit for the first time in four years as the global economy recovers from its worst postwar recession, fueling demand for stainless steel, said Sumitomo Metal Mining Co., the biggest producer in Japan.
World demand will probably exceed supply by 36,000 […]