PMEA Blog

From: uk.reuters.com
MANILA, Aug 4 (Reuters) - Output at the Philippines’ Berong nickel mine is expected to be flat to higher this year at between 530,000 and 600,000 tonnes of laterite nickel ore, from last year’s 530,168 tonnes, a shareholder said on Monday.
London-listed Toledo Mining said in a statement the Berong mine, potentially the world’s fourth-largest […]

From: www.reuters.com
MANILA, July 18 (Reuters) - The Philippines’ Berong Nickel Corp is in talks to double its long-term annual supply deal with BHP Billiton to 1 million tonnes of laterite nickel ore beginning March, a company official said on Friday.
Berong Nickel, in which Toledo Mining and Atlas Consolidated Mining Corp have stakes, currently has an […]

From: business.inquirer.net
By Amy R. Remo
Philippine Daily Inquirer
MANILA, Philippines—Publicly listed Atlas Consolidated Mining and Development Corp. said Friday it expected to start commercial production at its copper mine in Toledo City, in Cebu province, next month and process 20,000 metric tons of ore daily.
It reported at its annual meeting of stockholders that it had begun commissioning […]

From: www.hemscott.com
LONDON (Thomson Financial) - Toledo Mining Corporation Plc. has signed a memorandum of understanding with China’s Jiangxi Rare Earth & Rare Metals Tungsten Group Co. Ltd for the development of a nickel-cobalt leaching plant at the Ipilan/Celestial nickel laterite deposit on Palawan in the Philippines.
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From: www.mineweb.com
24 June 2008 - London: European Nickel PLC (the “Company”)(AIM: ENK) is pleased to report its interim results for the six months ended 31 March 2008.
Revenue of US$4.2 million earned from direct ore sales in Turkey.
Philippines presence strengthened with acquisition of 19.3% in Toledo Mining Corporation and 18.7% in Berong Nickel Corporation, for a […]

From: Inquirer.net
By Cris Evert Lato
Cebu Daily News
An official of the National Economic Development Authority Central Visayas (Neda-7) said the start of copper production in Toledo City in July 2008 is expected to revive the mining industry in the region.
Neda Regional Director Marlene Catalina Rodriguez said mining can help sustain the growth momentum of the economy […]

Toledo Mining Corp PLC said shipments of nickel ore from the Berong nickel project to China and Australia were affected by customer shipping schedules and the wet season on Palawan, an island province of the Philippines.
A total of 90,334 wet metric tons of laterite nickel ore at an average grade of 1.57 pct, or about […]

Toledo Mining Corporation PLC said it signed a Memorandum of Understanding with Macroasia Corp to study a possible collaboration in mine development and on-site value-added processing of the Ipilan Nickel Project near Brooke’s Point, Palawan, Philippines.
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June 20 (Bloomberg) — Toledo Mining Corp. said it will conclude talks with BHP Billiton Ltd., the world’s largest mining company, on supplying nickel ore from its Berong project in the Philippines by the end of the third quarter.
Toledo Mining, based in London, wants to get an agreement to sell as much as 50 percent […]

MANILA, June 13 (Reuters) - The Philippines’ Berong nickel mine, whose inferred resource is said to be the world’s fourth biggest, has shipped nickel to China equivalent to almost 40 percent of its 2007 export goal of 920,000 tonnes.
Atlas Consolidated Mining and Development Corp. (AT.PS: Quote, Profile , Research), which has a 25.1 percent stake […]