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PERTH, Western Australia, Mar 27, 2008 (Canada NewsWire via COMTEX) — MINING CONTRACT FOR THE MASBATE GOLD PROJECT AWARDED TO LEIGHTON
CONTRACTORS
The Boards of CGA Mining Limited, Filminera Resources Corporation (”FRC”) and Phil. Gold Processing and Refining Corp. are pleased to announce that they have executed a 6 year mining contract with Leighton […]

From: Inquirer
By Daxim Lucas
MANILA, Philippines — The recent financial woes of Lafayette Philippines Inc. that brought the Australian-owned mine operator to the brink of bankruptcy has its roots in a past dispute between the firm and its supplier, according to officials familiar with the issue.
In an interview, a government mining regulator told the Philippine Daily […]

Australia-listed Lafayette Mining Ltd entered voluntary administration on Tuesday to avoid bankruptcy and give it time to obtain new capital or to sell its troubled Philippine mining business.
Lafayette was the first foreign company to operate a mine in the Philippines after a law granting full foreign ownership of local projects was upheld in 2004.
But cyanide […]

From: Philippine Daily Inquirer
By Ephraim Aguilar
LEGAZPI CITY, Philippines — Indebted by almost $240 million, the Rapu-Rapu group of companies operating a copper and zinc mine in Rapu-Rapu island town in Albay will seek court protection from creditors even as it denied claims by anti-mining groups that the mine firm has gone bankrupt.
Carlos G. Dominguez, chairman […]

From: Inquirer
Author: Amy R. Remo
MANILA, Philippines–Australian firm CGA Mining Ltd., which has spent $36 million on construction of its gold project in the central Philippines province of Masbate, will spend $58 million more in 2008, a government official said.
CGA expects to produce $74 million worth of gold annually throughout the eight-year potential mine life after […]