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Philipines Mining Exploration : Firm Apply Permit Mine Exploration for Copper, Gold and Silver Mine Deposits


A Filipino company has sought an exploration permit for copper, gold and silver deposits in three provinces, the first to file an application this year with the Mines and Geosciences Bureau (MGB) in Central Mindanao.

Golden Cycle Gold Corporation joint venture with AngloGold Ashanti


Golden Cycle Gold Corporation is pleased to announce the completion of the Mine Life Extension Pre-Feasibility Study at the Company’s 33% owned joint venture with AngloGold Ashanti (Colorado) Corporation, the Cripple Creek & Victor Gold Mining Company (”CC&V”). The successful completion of the study moved the mine life extension project into the formal feasibility [...]

Gov’t to earn P115M in Sagittarius Mines deal


THE government is going to earn P115 million in capital gains tax when Xsrata Queensland Limited delivers close to P2 billion as payment to the owners of Sagittarius Mines Inc. on March 30.
According to officials of Indophil Resources NL, which owns 95 percent of the Tampakan copper and gold project, the payment represents the amount [...]

Golden Cycle Gold Corporation Operations Update


Golden Cycle Gold Corporation is pleased to provide an update on corporate activities. The Cripple Creek & Victor Gold Mining Company (”CC&V”), the Company’s 33% owned joint venture with AngloGold Ashanti (Colorado) Corporation, experienced a prolonged drought over the fourteen months leading into June 2006. The drought caused reduced pregnant pond levels within Valley [...]