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Reports Growth Mining Industry Sector In Philippines
Mining industry sector is a sector that can help a country to increase state revenues and overcome the global economic crisis today. Setkor mining industry that can improve the current state of opinion adala mining gold and silver. Philippines have certain expectations on the two gold mines to be operated this year. Two gold mines [...]
Several Mining Companies Hold Plans New Mines Onstream
The global financial crisis and sharp falls in metals prices have forced several companies to abandon or put on hold their plans to bring new mines onstream.
Mining Exploration Forum Discuss : Financing Option for Increase Mining Venture and Mining Operation
A two-day forum that starts tomorrow will discuss financing options for mining ventures amid increasingly difficult economic conditions worldwide.
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.
Gold and Copper Mine Exploration Project on Mount Diwalwal Failed
Vice president of the state-run Philippine Mining Development Corp., said : “No Mining Companies submitted a bid for gold and copper mine exploration project”.
Philipines Government bidding for a potential gold and copper mine site on Mount Diwalwal in southern Philippines, but on Wednesday when no investor turned in an offer, a senior state official said.
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 [...]
Sultan Mining and Energy Will First Shipment of Coal Mine Result
Sultan Mining and Energy Development Corp. will make the first overseas shipment of its coal mine exploration output after entering into a supply contract with Switzerland’s Glencore International AG, documents from the Department of Energy (DOE) showed.
Glencore, one the world’s largest suppliers of commodities and raw materials, will purchase 90,000 metric tons of local coal [...]
Xstrata Copper and Gold Mining Project in the Philippines US$2bn
Global mining group Xstrata, which has coal and alloys operations in South Africa, on Wednesday confirmed that its US$2bn Tampakan copper and gold mining project in the Philippines had been raided and two buildings had been torched.
Communist rebels representing the New People’s Army claimed responsibility for the raid, saying its singular objective was “punishing [...]
Gloucester Coal Investors Vote Against Xstrata Offer (Update2)
Western Mining Co., China’s second- largest maker of lead concentrate, raised 6.2 billion yuan ($816.4 million) in an initial public offering in Shanghai after attracting orders for more than 200 times the shares available.
The producer of zinc, copper and lead sold 460 million new shares at 13.48 yuan each, the top of the range indicated [...]
