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In a regulatory filing, the company said that the commission on Nov. 8 approved its application for the debt-to-equity conversion of P877.53 million worth of debt from investment house Menlo Capital Corp...This will raise Menlo's stake in MRC Allied
The Company reports that development is proceeding on two fronts, including technical work related to feasibility assessment, and environmental data collection in preparation for permit application. Compliant Measured and Indicated Resource on the
Taekwondo had its prayers answered after Vodafone Fiji stepped in to help the association's preparation for the Pacific Mini Games (PMG). The telecommunication company is the latest to partner with Team Fiji's 'Partner for Gold Project' initiative.
Jasareno said the of the five major mining projects in the making, three are in Mindanao, including the SMI Tampakan copper-gold project, the Boyongan-Bayugo copper gold project led by Philex Mining Corp. Surigao del Norte and the Kingking copper-
Goldfields miner Focus Minerals announced it is shutting down its Laverton Gold project from the end of May, resulting in 50 job losses. The company says rising costs and a significant fall in the gold price has made the mine commercially unviable.
Around 13,000 members of the B'laan tribe live in the Tampakan project area. About 5,000 individuals or 1,000 households will be directly affected by the proposed mine facilities. Dalembang said that the mining company has been helping the local
Paje deferred to the legal opinion issued by the Department of Justice (DOJ), stating that the ban on open-pit mining imposed by the South Cotabato provincial government is contrary to the Philippine Mining Act...The legal opinion penned by Justice
February 05, 2013 Open Gold (OPG) just announced that it will acquire 100 percent of the Wilson Independence gold project currently held by General Metals. This represents a significant acquisition and win for current and future Open Gold
The deal will increase Gold Fields' shares in the gold project from 40 percent to 60 percent. A subsidiary of South African mining firm Gold Fields Ltd., Gold Fields Phils. Inc. bought into the project with initial payments of $44 million and $66
Samples collected included the 1.82 meters (6 foot) vein and 1.5 meters (5 feet) of wall rock on either side. Grade boundaries are sharp and assays drop to <3 g/t in the peripheral samples. True width in the 5370-ACC crosscut is estimated to be 1.7