http://www.pmea.com.ph/blog News from the Philippine Mining Industry Mon, 17 Oct 2011 05:30:14 +0000 http://backend.userland.com/rss092 en 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 ... http://www.pmea.com.ph/blog/index.php/2011/10/14/metals-outlook-gold-seen-moving-higher-next-week/ 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 ... http://www.pmea.com.ph/blog/index.php/2011/10/13/cadan-reports-further-payrun-from-lateral-development-in-tboli-gold-silver-mine/ 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 ... http://www.pmea.com.ph/blog/index.php/2011/10/11/lepanto-completes-dev%e2%80%99t-program/ 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 ... http://www.pmea.com.ph/blog/index.php/2011/10/11/10-exploration-projects-get-mgb-nod-to-resume/ 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 ... http://www.pmea.com.ph/blog/index.php/2011/10/10/vancouver-mining-company-pursues-copper-deposits-in-central-mt/ By: JAMES A. LOYOLA - mb.com.ph Date Posted: 07/Oct/2011 Source: www.mb.com.ph MANILA, Philippines — Philex Mining Corporation, the country’s top gold producer, registered a 37 percent growth in the estimated value of production of its Padcal mine to P12.19 billion in the first nine months of 2011 from P8.91 billion in the same ... http://www.pmea.com.ph/blog/index.php/2011/10/07/philexs-production-value-up-37/ By: malaya.com Date Posted: 06/Oct/2011 Source: www.malaya.com Nickel Asia yesterday said it will meet ore shipping commitments despite the recent rebel attacks on its Taganito mine in Surigao del Norte that caused damage worth P500 million. The company said it has diverted the delivery of ores from the company’s other mines to address the ... http://www.pmea.com.ph/blog/index.php/2011/10/06/nickel-asia-assures-buyers-of-shipments/ By: MELODY M. AGUIBA - mb.com.ph Date Posted: 05/Oct/2011 Source: www.mb.com.ph MANILA, Philippines — Philex Mining Corp. (PMC) will raise some $1 billion by early 2012 for the Silangan copper-gold project’s construction as part of its aim to become a one million ounce-producing firm in five years. Already approaching pre-feasibility stage with an aim ... http://www.pmea.com.ph/blog/index.php/2011/10/05/philex-to-raise-1b-for-new-silangan-copper-gold-project/ 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 ... http://www.pmea.com.ph/blog/index.php/2011/09/26/aboitiz-all-set-for-construction-of-300-mw-coal-fired-facility/ 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, ... http://www.pmea.com.ph/blog/index.php/2011/09/25/mining-firm-exceeds-social-compliance/