Philippines driving up nickel prices – industry group
Chamber of Mines of the Philippines official Ronald Recidoro: The price movement now is only because of the minister s pronouncements It threatens the future of a lot of mining projects already in the pipeline
Philex, Silangan Mining to Gina Lopez: We are ISO-compliant
This is in response to DENR chief Gina Lopez s call to suspend mining firms that are not ISO compliant
If elected, Duterte to allow 'responsible' mining
Rodrigo Duterte admits he s no economic expert but he vows to honor government contracts with the private sector and listen to advice
Suspension order vs Semirara coal mine lifted
The Department of Energy says Semirara Mining and Power Corp has complied with conditions it set including the upgrading of safety protocol for mine workers
Gibo Teodoro now Sagittarius Mines board chairman
Insiders are hoping that the former defense chief will give SMI a fresh start after years of failure to operate the 5 9 billion Tampakan copper and gold project
Global Ferronickel Holdings acquires Palawan nickel mine
The 50 million acquisition makes it the second largest producer of nickel direct shipping ore in the Philippines after Nickel Asia
PH Q1 metal production value up by 7.17%
Metal prices remain sluggish in the first quarter of 2015 with gold silver copper and nickel all exhibiting negative growth rates year on year
3 dead, 6 missing in Semirara mining accident
2nd UPDATE The Department of Energy has ordered the immediate suspension of mining operations
Glencore to sell entire stake in SMI to Indophil
This also paves the way for the complete exit of the Switzerland based Glencore Plc from the 5 6 billion controversial copper and gold project of Sagittarius Mines in Tampakan South Cotabato
More than 400 Philex workers opt for voluntary retirement
They account for 20 of the present workforce of Philex Mining which projects that its Padcal mines may last for only 5 years more
Philex eyes Padcal extension with add'l minerals found
The Manuel V Pangilinan led firm says it found an additional 110 9 million tons of mineral resources – a find that could extend the mine’s life beyond 2020
IN NUMBERS: Economic promise of mining in PH
There are 38 operating mines in the Philippines How have they contributed to the economy?
Mining sector opposes 8 'mining-free' zones
UPDATED The Chamber of Mines says proposals to declare mining free zones could limit the country s potential for economic growth
3 mining firms to pay Zambales farmers P3.2M
Farmers will be compensated for their damaged lots due to nickel laterite operations in the province
Alsons to take over Australia's Indophil PH
Mindanao based Alsons Group s stake in the Australian mining firm will also hike its interest in Sagittarius Mines the concessionaire of the controversial Tampakan exploration project
MVP to gov't: Be kinder to mining
Pangilinan says the mining industry faces more difficult times ahead
Black sand mining operations under scrutiny
The Mining Industry Coordinating Council will review existing black sand mining operations to curb the proliferation of illegal mining operations
PH mining firms sign industry scorecard
Top mining companies agree to a new monitoring program to check their environmental footprint while doing business
Alsons offers to buy Australia's Indophil PH stake for P14B
Filipino firm Alsons Prime Investment Corporation offers to buy Australia’s Indophil Resources NL subject to 75 approval of Indophil’s shareholders
PH mining transparency report to be released in December
The report will disclose mining contracts revenue streams and export data of major mining companies and show how much mining contributed to the Philippine economy
Gov’t lifts suspension on Philex’s Padcal mine
The mining company has ‘substantially addressed’ the adverse impacts of the disastrous spill of mining sediments in Benguet in August 2012 says the Mines and Geosciences Bureau
3,000 Zambales mine workers fear loss of jobs
Government experts found that the operations of 4 mining firms were causing nickel siltation in rivers farmlands fishponds and the sea in Sta Cruz town
4 mining firms suspended over ‘unsystematic’ methods
The Mines and Geosciences Bureau ordered the companies to implement maintenance measures during the suspension of their operations in Central Luzon
Foreign firms call for review of mining zones, tax scheme
They want to hear what President Aquino intends to do about it in his State of the Nation Address on July 28
Miners to Palace: Proposed tax scheme to weigh on investments
The Chamber of Mines of the Philippines says government council s tax proposal is unfair and less competitive
Philex earmarks P4B for big-ticket projects
The listed mining company is still waiting for clearance to fully operate the Padcal copper gold mine in Benguet
Philex says Padcal cleared for full operations by PAB
The Pollution Adjudication Board lifts the cease and desist order it issued on Philex after the mining company fulfilled its obligations
Oriental Peninsula to comply with gov’t on latest Palawan mine spill
The incident is the second silt spill by the mining company in less than 2 years
Philex pays P189-M fine over 2012 Padcal mine spill
The penalty has been imposed for the listed company s violation of the Clean Water Act during the period August 2012 to February 2014
Draft bill for new mining tax regime finalized
In the draft companies either pay 10 tax on gross revenues or 45 55 tax on adjusted mining revenues
NPA rebels attack 2 mining companies
The NPA says the attacks are punitive actions against mining operations in Mindanao
Philex posts 33.7% drop in Q1 net income
Philex posts a 110 increase in its core net income in the first quarter of 2014 over last year but reports a drop in net income for the period
2013 mining investments exceed projections – MGB
The country s mining sector received 1 311 billion in investments in 2013
Glencore Xstrata sells stake in Peru mine for $5.85B
The deal is contingent on regulators approval
Low metal prices, uncertainties stall Tampakan operation
Low metal prices and market uncertainties have taken their toll on the planned commercial operation of the Tampakan copper gold project in South Cotabato
Philex to resume full Padcal operations soon?
Philex completes the rehab and cleanup works required so it could fully operate its Padcal mine in Benguet
Philex eyes extension of Padcal mine life
The company is exploring for viable deposits around its Padcal copper gold mine in Benguet in a bid to extend the mine s lifespan beyond 2020
Glencore-Xstrata selling Tampakan stake
Glencore plans to divest from the Tampakan project to appease China s fears it is getting monopoly of the world copper market
PH metal output value falls on low prices
Reduced demand from China has resulted in weak world prices of metals badly affecting metal production in the country
Mamanwa tribe perform ritual to lift mine suspension order
They say the stopped operations has led to loss of livelihood and money for education and health programs
Lower metal prices weigh on Philex profit
The country s largest listed mining firm suffers a 29 decline in net income in the first 9 months of 2013
Atok, Intex finalize agreement on Mindoro mine suit
The Ongpin led group s mining firm says it has finalized and completed agreement with Intex to amicably settle their dispute
Philex shelves P13.8-B rights offer
Philex Mining cancels its planned stock rights offering citing unfavorable market conditions
SMI has fallen on hard times
Just how serious is the ‘scaling down’ of the activities of Sagittarius Mines Inc SMI after Glencore Xstrata announced a cut of half its global operations?
Mining royalties plunge as nickel prices fall
Several nickel producers posted lower H1 earnings because of the drop in metal prices
CA stops mining firm from leveling Zambales mountain
Chinese miner LNL Archipelago Minerals is leveling a mountain in Zambales to build a seaport for the shipment of chromite rich soil to China
Study puts King-king mine value at $2-B
The mine is expected to generate 45 000 direct jobs
Atok, Intex 'agree' not to sue each other
Mining partners Atok Big Wedge Co Inc and Norwegian firm Intex Resources AS have reached an agreement in principle to work together
Indophil is confident Tampakan mine will push through
Glencore Xstrata s minority partner notes that the Tampakan project has only been revised not suspended
Ongpin-led Atok loses bid for Mindoro mine
The court of appeals favors the foreign mining firm over of the group of Filipino billionaire Roberto Ongpin in a civil case involving a Mindoro nickel mine
