• PHILIPPINES - OceanaGold resumes Didipio shipment

    OceanaGold Corporation has transported 3000 tonnes of copper-gold concentrate to port from its Didipio mine in northern Luzon which is under final commissioning.  1

  • PHILIPPINES - New drill program completed at Co-O

    Medusa Mining’s Philippine subsidiary Philsaga Mining says the latest drill program at the operating Co-O mine continues to confirm vein continuity and provide information for a planned extension.  1

  • PHILIPPINES - B2Gold seeks new Masbate resources

    B2Gold is undertaking an aggressive Can$11 million exploration campaign at its recently acquired Masbate Gold Project with eight drill rigs working.

  • PHILIPPINES - Xstrata a step closer at Tampakan

    The Philippines Government has given Sagittarius Mines an environmental compliance certificate (ECC) for its $5.9 billion Tampakan mine, bringing the company a step closer to bringing the highly anticipated project to fruition. Sagittarius is primarily owned by Xstrata with Australia’s Indophil Resources holding a 37.5% interest.  1

  • PHILPPINES - New resource estimate for Batangas

    Red Mountain Mining has updated the mineral resource estimate for the Batangas Gold Project on Luzon Island. The project comprises the Archangel ‘Kay Tanda’ and Lobo ‘South West Breccia’ (SWB) prospects and was recently acquired from Mindoro.

  • PHILIPPINES - MBMI subsidiaries cleared by Appeals Court

    The Court of Appeals in Manila has denied a reconsideration attempt by Redmont Consolidated Mines to revoke the registration of eight companies which it claims should be disqualified from engaging in mining activities. Redmont argues the affiliates and subsidiaries are not Philippine nationals and therefore should not be able to carry out mining exploration or operations.

  • PHILIPPINES - New high grade estimate at Batangas

    A new resource estimate at significantly higher grades has been announced at Red Mountain Mining’s Batangas Gold Project. The new indicated and inferred estimate totals 5.78 million tonnes @ 2.2 grams/tonne gold for 408,000 ounces of gold and is based on results from drilling since August last year at the South West Breccia and Lobo prospects as well as a reinterpretation of all previous historical data.  1

  • PHILIPPINES - Medusa resource update at Bananghilig

    Medusa Mining has updated the JORC-compliant mineral resource estimate for Bananghilig gold deposit, following completion of infill drilling. The company’s Philippines operating subsidiary Philsaga Mining has announced the new indicated and inferred estimate of 20.9 million tonnes @ 1.6 grams/tonne gold for 1.08 million ounces.  1

  • PHILIPPINES - St Augustine welcomes new investment

    St Augustine Gold & Copper has welcomed a US$961,125 funding boost from its strategic Philippine partner Queensberry Mining, after the company exercised a portion of the warrants it purchased during a private placement last year. The funds will assist St Augustine’s exploration efforts at the King-king project on Mindanao Island.

  • PHILIPPINES - West Drift results spark program acceleration

    A second diamond drill rig has arrived at West Drift lode at the Lobo Gold Project near Batangas on Luzon Island, as Red Mountain Mining accelerates exploration at the site.

  • PHILIPPINES - Red Mountain doubles Batangas drill program

    Red Mountain Mining has mobilized a second drill rig at the Batangas Gold Project to fast-track its exploration program after new results have confirmed another high grade system at the Lobo prospect. The latest assay results have been received from diamond drill holes beneath the historic Lobo copper open pit which was last worked in the 1960s.  1

  • PHILIPPINES - TVI sends off 5th zinc shipment

    TVI Pacific’s Philippine subsidiary TVI Resource Development (TVIRD) has successfully completed its fifth shipment of zinc concentrate from the Canatuan mine. The load totalled 4470 tonnes of zinc concentrate @ 47.4% zinc, for a payment of US$3.8 million by MRI Trading AG.

  • PHILIPPINES - Coal Asia increases stake in Titan

    Coal Asia Holdings will increase its stake in Titan Mining & Energy Corporation (TMEC) in a strategic move to capitalize on the growth in coal demand in Mindanao. TMEC owns the mining and development rights to the Davao Oriental and Zamboanga Sibugay coal sites which have a combined total potential coal resource of 120 million tonnes.

  • PHILIPPINES - Second high grade system confirmed at Batangas

    A second high grade gold system has been confirmed at Red Mountain Mining’s Lobo prospect within its flagship Batangas project south of Manila.

  • PHILIPPINES - 33rd concentrate shipment achieved at Canatuan

    The 33rd shipment of copper concentrate containing 4419 tonnes @ 18.01% copper has been shipped by TVI Pacific’s affiliate TVI Resource Development (TVIRD) to MRI Trading AG. The concentrate was produced at the company’s Canatuan mine and left the port of Santa Maria in Siocon, Zamboanga del Norte on December 13.

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