PMEA Blog

CGA Mining (ASX: CGX, TSX: CGA) has announced that the Masbate Gold Project, through Filminera Resources Corporation, has successfully secured a new exploration permit, EP-010-2010-V,in the Municipality of Aroroy, Masbate, in the Philippines.
The exploration permit covers a significant area of approximately 5,231 hectares (52.3 square kilometres), with a north to south distance of nearly 11 […]

Zijin had gained 32.19 per cent of Indophil shares by Thursday and would extend the offer period to May 14 from April 16, the company said in a statement to the Shanghai and Hong Kong stock exchanges.
The Chinese miner made the bid in December, seeking to gain access to Indophil’s stake in the Tampakan copper-gold […]

EDMONTON, ALBERTA–(Marketwire - April 9, 2010) - Mindoro Resources Ltd. (TSX VENTURE:MIO); (FRANKFURT:WKN 906167) announces that it has mobilized four diamond drilling rigs to the Agata Nickel Project and commenced a detailed infill drilling program totaling 2,500 to 3,000 meters.
The diamond drilling program is designed to define Direct Shipping Ore (DSO) nickel-iron limonite (>1% Nickel, […]

abs-cbnNEWS.com
MANILA, Philippines - Philex Mining Corp. said on Wednesday that the value of ore produced from its Padcal mine rose 13% to P2.5 billion in the first quarter of 2010 from P2.22 billion in the same period last year due to higher output and improving metal prices.
Based on the firm’s disclosures to the Philippine Stock […]

Philex Mining Corp. (PX.PH), the Philippines’ largest gold and copper producer, said Tuesday it had completed as of April 1 the shipment of 5,024 dry metric tons of copper concentrates.
The concentrates contained 7,872 ounces of gold, 2.6 million pounds of copper and 8,302 ounces of silver, the company said in a statement to the stock […]

Mining company OceanaGold has bought out more than NZ$100 million in hedging contracts,allowing it to take advantage of the high gold spot price.
The company, which owns mines in Otago, the West Coast, and the Philippines, raised C$85m (NZ$118.19m) through a new share issue last month, more than enough to fund the buyout of 75,000 forward […]

The government has given the greenlight for 17 companies to start exploring their mining tenements, in line with a goal to boost investments in the capital-intensive industry.
Data from the Mines and Geosciences Bureau (MGB) showed that since the year started, it had approved 20 new exploration permits covering 122,000 hectares nationwide. An exploration permit, which […]