PMEA Blog

By: Debbie Carlson - kitco.com
Date Posted: 14/Oct/2011
Source:
www.kitco.com
Gold prices could rise next week, supported by ideas of greater stability in Europe and better-than-expected economic data in the U.S.
In the Kitco News Gold Survey, out of 34 participants, 25 responded this week. Of those 25 participants, 21 see prices up, while three see prices down and one […]

By: marketwatch.com
Date Posted: 13/Oct/2011
Source:
www.marketwatch.com
VANCOUVER, BRITISH COLUMBIA, Oct 13, 2011 (MARKETWIRE via COMTEX) — Cadan Resources Corporation CA:CXD +7.32% (frankfurt:A0MZ25) (”Cadan” or the “Company”) is pleased to announce a second ‘payrun’ at its underground T’Boli gold-silver mine located in Mindanao, Philippines (First ‘payrun’ 52m@ 9.2gm/Au over 2.21m) (See News Release April 8th, 2011).
Cadan has been continuing […]

By: malaya.com.ph
Date Posted: 11/Oct/2011
Source:
malaya.com.ph
Lepanto Consolidated Mining Co. said on Monday the development program that consists of over 16 kilometers of internal ramps, level drives and slope development of its Victoria mine’s upper levels which started in May this year has been successfully completed.
In a disclosure to the Philippine Stock Exchange, Odette Javier, assistant vice president […]

By: mgb.gov.ph
Date Posted: 11/Oct/2011
Source:
www.mgb.gov.ph
MGB Acting Director Leo L. Jasareno approved last October 6 ten renewal applications for the resumption of exploration activities in different parts of the country.
This is in response to the pronouncement made by DENR Secretary Ramon J. P. Paje that the MGB can resume renewing Exploration Permits (EPs) following the upbeat result […]

By: Dennis Bragg - kpax.com
Date Posted: 10/Oct/2011
Source:
www.kpax.com
VANCOUVER, B.C.- A British Columbia mining company says it has found “high grade” deposits of copper and other minerals at a mine site near White Sulphur Springs.
Tintina Resources Inc. recently filed a pair of technical reports showing the results of recent test drilling through the summer at the Sheep […]

MANILA, Philippines - Aboitiz Power Corp. (APC) is all set for the construction of its 300-megawatt (MW) coal-fired facility in Davao.
The P25-billion project recently received the Environmental Compliance Certificate (ECC) from the Environment Management Bureau (EMB) of the Department of Environment and Natural Resources (DENR).
The ECC would ensure that the project, once constructed and operational, […]

MANILA, Philippines — A mining group in Palawan poured in P224 million in 2010 for a Social Development and Management Program (SDMP), exceeding by 100 percent its compliance with the implementing rules and regulations (IRR) of the Philippine Mining Act.
Mining companies may be perceived to be a purely for-profit organization, but Rio Tuba Nickel Mining […]

MANILA, Sept 21 (Reuters) - South Africa’s Gold Fields Ltd could invest up to $2 billion to develop a gold and copper prospect in the Philippines, a government official said on Wednesday, although the company said it was far too early for such estimates.
Gold Fields, the world’s fourth-largest gold producer, said on Wednesday it had […]

THE Philippines said it expects mining investments to rise more than four-fold to $18 billion in five years as global commodity prices soared.
A new mining law allowed foreign investments in 2005, and high metal prices were drawing even more investor interest, Environment and Natural Resources Secretary Ramon Paje said.
“In terms of investments, the aggregate amount […]

MANILA-(MarketWatch)- Mining investments could reach $2.8 billion in the Philippines this year if Chinese investors proceed with plans to jointly develop mining projects in the country, a senior mining official said Tuesday.
There is a good chance that an initial target of $1.4 billion could be doubled if Chinese investors follow through in the last quarter […]