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Metal Exploration Corp. Spend $208 To Develop Runruno Gold Mine Project
London-listed Metals Exploration Corp. will spend $208 million for the development of the Runruno gold project in Nueva Vizcaya, company officials said Friday.
British Mining Company, Metal Exploration PLC Begin Mining Exploration in Nueva Vizcaya
British Miner Metals Exploration PLC expects to finish studies on its gold and molybdenum property in northern Luzon to finally start site development, company officials said late last week.
Philipine Govern. Final Approval Permit For Metals Exploration PLC Mining Operation at Gold-Molybdenum Project
The Philippines’ Department of Environment and Natural Resources has endorsed for final approval an application made by Metals Exploration PLC (MTL.LN) to undertake a large-scale mining operation at its Runruno gold-molybdenum project, the company said Wednesday.
Gold Mining Exploration $1-billion mining investment target
This year’s $1-billion mining investment target will not likely be attained as potential investors grapple with a global credit crunch, the government yesterday said.
The Mines and Geosciences Bureau, which earlier said the lack of funding could delay achievement of a 2011 goal, admitted that the global economic slowdown’s impact would be felt as early as [...]
Warning For Mining Exploration Company Not Tolerate The Creation of Para-Military Forces
The Department of Environment and Natural Resources has warned private mining firms against forming their own militia groups, even as the government agency tries to ensure the security of all mining concerns through the creation of an Investment Protection Force.
Environment and Natural Resources Secretary Jose L. Atienza said he understands the need for some mining [...]
Atienza scored over mining in N. Vizcaya
A local environmental group has scored Environment and Natural Resources Secretary Lito Atienza for what they said was his “accommodation of mining firms by leaving open the door for plunderous foreign and large-scale mining activities” instead of working for the protection of Nueva Vizcaya province’s “more economically beneficial and booming agriculture sector and freshwater reserves.”
Clemente [...]
Review mining permits in N.Vizcaya
The Philippine Environment Secretary has ordered a review of permits issued to mining firms in the northern province of Nueva Vizcaya following complaints by local tribes that they were not adequately consulted.
Australia’s OceanaGold , London-listed Metals Exploration and Royalco , also of Australia, all have operations in Nueva Vizcaya.
“We will look into this lack of [...]
