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Philippines driving up nickel prices – industry group

Jul 22, 2016 - 7:50 PM

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

Concerned citizens protest HMC activities in Manicani Island. Rappler File photo by Jazmin Bonifacio

Philex, Silangan Mining to Gina Lopez: We are ISO-compliant

Jul 06, 2016 - 7:00 PM

This is in response to DENR chief Gina Lopez s call to suspend mining firms that are not ISO compliant

COMPLY OR FACE SUSPENSION. The new DENR chief says ISO14001 certification is responsible mining. File photo by EPA/MWD Daily News

If elected, Duterte to allow 'responsible' mining

Feb 04, 2016 - 6:14 PM

Rodrigo Duterte admits he s no economic expert but he vows to honor government contracts with the private sector and listen to advice

TALKING ECONOMY. Rodrigo Duterte talks about his platform with top businessmen who are members of the Wallace Business Forum on February 3, 2016. Screenshot by Naoki Mengua/Rappler

Suspension order vs Semirara coal mine lifted

Sep 21, 2015 - 6:06 PM

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

COAL MINE. The Panian Mine operated by Semirara Mining Corp is the biggest open-pit coal mine in the Philippines. Image from NASA

Gibo Teodoro now Sagittarius Mines board chairman

Aug 20, 2015 - 12:04 PM

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

Aug 09, 2015 - 9:01 PM

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%

Aug 08, 2015 - 9:30 AM

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

Jul 17, 2015 - 11:05 AM

2nd UPDATE The Department of Energy has ordered the immediate suspension of mining operations

Glencore to sell entire stake in SMI to Indophil

Jun 24, 2015 - 7:59 PM

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

Apr 07, 2015 - 7:39 PM

They account for 20 of the present workforce of Philex Mining which projects that its Padcal mines may last for only 5 years more

RETIREMENT PACKAGE. Philex Mining has offered a retirement program for employees nearing 50 years old in preparation for the time Padcal mines has to be closed. Photo from the Philex website

Philex eyes Padcal extension with add'l minerals found

Mar 20, 2015 - 8:26 PM

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

Feb 20, 2015 - 11:00 AM

There are 38 operating mines in the Philippines How have they contributed to the economy?

Mining sector opposes 8 'mining-free' zones

Feb 17, 2015 - 5:46 PM

UPDATED The Chamber of Mines says proposals to declare mining free zones could limit the country s potential for economic growth

MINERAL DEPOSITS. This is a file photo of an iron ore mine

3 mining firms to pay Zambales farmers P3.2M

Jan 22, 2015 - 6:42 PM

Farmers will be compensated for their damaged lots due to nickel laterite operations in the province

Alsons to take over Australia's Indophil PH

Jan 16, 2015 - 8:19 PM

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

Nov 15, 2014 - 8:24 PM

Pangilinan says the mining industry faces more difficult times ahead

Black sand mining operations under scrutiny

Nov 13, 2014 - 5:48 PM

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

Oct 13, 2014 - 11:53 AM

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

Sep 23, 2014 - 2:42 PM

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

Sep 04, 2014 - 1:59 PM

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

Aug 28, 2014 - 3:00 PM

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

REHAB MEASURES. A Philex Mining staff checks the penstock at the tailing pond of the Padcal mine in Benguet. Photo from Philex

3,000 Zambales mine workers fear loss of jobs

Aug 19, 2014 - 7:18 PM

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

PROTEST. Members of Mine Workers, Families, and Community CMWFC stage a protest rally to get support from local officials to lift the suspension order that the DENR issued against the 4 mining companies in Sta. Cruz, Zambales. Photo from Randy Datu

4 mining firms suspended over ‘unsystematic’ methods

Jul 24, 2014 - 4:46 PM

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

Jul 11, 2014 - 3:50 PM

They want to hear what President Aquino intends to do about it in his State of the Nation Address on July 28

COMMIT. Investors – especially foreign investors – hopes President Aquino would include in his State of the Nation Address that the government commits to upholding and enforcing the current Mining Act (of 1995).

Miners to Palace: Proposed tax scheme to weigh on investments

Jul 07, 2014 - 7:02 PM

The Chamber of Mines of the Philippines says government council s tax proposal is unfair and less competitive

MINING REFORM. Photo shows a visualization of the Tampakan mining site by Parsons Brinckerhoff for Swiss miner Xstrata

Philex earmarks P4B for big-ticket projects

Jun 26, 2014 - 8:28 AM

The listed mining company is still waiting for clearance to fully operate the Padcal copper gold mine in Benguet

MINE SPILL. A Philex Mining staff checks the penstock at the tailing pond of the Padcal mine in Benguet. Photo from Philex

Philex says Padcal cleared for full operations by PAB

Jun 18, 2014 - 4:33 PM

The Pollution Adjudication Board lifts the cease and desist order it issued on Philex after the mining company fulfilled its obligations

MINE SPILL. A Philex Mining staff checks the penstock at the tailing pond of the Padcal mine in Benguet. Photo from Philex

Oriental Peninsula to comply with gov’t on latest Palawan mine spill

Jun 17, 2014 - 7:15 PM

The incident is the second silt spill by the mining company in less than 2 years

TWICE. Oriental Peninsula says it would comply to remedial measures imposed by the government following its Palawan mine spill, the second by the company in less than 2 years.

Philex pays P189-M fine over 2012 Padcal mine spill

Jun 06, 2014 - 10:57 PM

The penalty has been imposed for the listed company s violation of the Clean Water Act during the period August 2012 to February 2014

MINE SPILL. A Philex Mining staff checks the penstock at the tailing pond of the Padcal mine in Benguet. Photo from Philex

Draft bill for new mining tax regime finalized

Jun 02, 2014 - 7:00 AM

In the draft companies either pay 10 tax on gross revenues or 45 55 tax on adjusted mining revenues

MINING REFORM. Photo shows a visualization of the Tampakan mining site by Parsons Brinckerhoff for Swiss miner Xstrata

NPA rebels attack 2 mining companies

May 19, 2014 - 7:14 PM

The NPA says the attacks are punitive actions against mining operations in Mindanao

WRONG GUY. Rebel spokesman Ka Efren says the military nabbed the wrong guy, believed to be New People’s Army commander Felix Armodia.

Philex posts 33.7% drop in Q1 net income

May 01, 2014 - 12:40 PM

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

Apr 28, 2014 - 3:20 AM

The country s mining sector received 1 311 billion in investments in 2013

A Philex Mining Corporation staff checks the penstock at the tailing pond of the company's mine in Benguet. Photo provided by Philex

Glencore Xstrata sells stake in Peru mine for $5.85B

Apr 14, 2014 - 2:07 PM

The deal is contingent on regulators approval

This NASA image released 13 October, 2003 captured by the crew on board the International Space Station looks down the bull's-eye of a copper mine in Peru. AFP PHOTO/NASA

Low metal prices, uncertainties stall Tampakan operation

Mar 28, 2014 - 5:48 PM

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?

Mar 03, 2014 - 6:17 PM

Philex completes the rehab and cleanup works required so it could fully operate its Padcal mine in Benguet

MINE SPILL. A Philex Mining staff checks the penstock at the tailing pond of the Padcal mine in Benguet. Photo provided by Philex

Philex eyes extension of Padcal mine life

Feb 24, 2014 - 7:38 AM

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

MINE SPILL. A Philex Mining staff checks the penstock at the tailing pond of the Padcal mine in Benguet. Photo provided by Philex

Glencore-Xstrata selling Tampakan stake

Jan 30, 2014 - 2:30 PM

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

Dec 30, 2013 - 6:15 PM

Reduced demand from China has resulted in weak world prices of metals badly affecting metal production in the country

A NOT SO GOLDEN YEAR. Gold metal production makes up 33% of total metal production value in the Philippines for the first 9 months of 2013

Mamanwa tribe perform ritual to lift mine suspension order

Dec 05, 2013 - 3:37 PM

They say the stopped operations has led to loss of livelihood and money for education and health programs

RITUAL. A Mamanwa native priest performs a ritual called 'padugo' which includes the slaughtering of a native pig, incantations and drinking pig's blood with a local wine in order to cast away 'evil' spirits 'clouding the judgement' of DENR officials. All photos by Pia Ranada/Rappler

Lower metal prices weigh on Philex profit

Nov 06, 2013 - 12:34 PM

The country s largest listed mining firm suffers a 29 decline in net income in the first 9 months of 2013

PROFITS DOWN. Philex net income for Jan-Sept was weighed down by lower metal prices. This photo shows a member of the firm's staff checking the penstock at the tailing pond of the Padcal mine in Benguet. Photo provided by Philex

Atok, Intex finalize agreement on Mindoro mine suit

Oct 24, 2013 - 2:15 PM

The Ongpin led group s mining firm says it has finalized and completed agreement with Intex to amicably settle their dispute

FINAL AGREEMENT. The agreement between Atok and Oslo-based Intex to settle dispute over Mindoro mine has been completed, says the firm of Filipino billionaire Roberto Ongpin (left). File photo by Aya Lowe/Rappler

Philex shelves P13.8-B rights offer

Oct 08, 2013 - 4:32 PM

Philex Mining cancels its planned stock rights offering citing unfavorable market conditions

COSTLY REHAB. A Philex Mining staff checks the penstock at the tailing pond of the Padcal mine in Benguet. Photo provided by Philex

SMI has fallen on hard times

Oct 01, 2013 - 10:10 AM

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

Sep 26, 2013 - 12:31 PM

Several nickel producers posted lower H1 earnings because of the drop in metal prices

A DAY IN THE MINE. Workers carry load on their heads as they head out to start their workday at the Taganito HPAL Nickel Corporation. Photo by Rick Rocamora

CA stops mining firm from leveling Zambales mountain

Sep 23, 2013 - 12:21 AM

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

Sep 20, 2013 - 12:30 AM

The mine is expected to generate 45 000 direct jobs

DEAL SEALED. The King-king copper-gold mining project proceeds. Sealing the deal are (L-R) Nadecor chair Roberto Romulo, Nadecor president Conrado Calalang and St. Augustine CEO Andrew J. Russell. Photo courtesy of Nadecor

Atok, Intex 'agree' not to sue each other

Sep 16, 2013 - 4:48 PM

Mining partners Atok Big Wedge Co Inc and Norwegian firm Intex Resources AS have reached an agreement in principle to work together

NO MORE SUIT. Atok Big Wedge and Oslo-based firm Intex have reached an 'agreement in principle,' according to the firm of Filipino billionaire Roberto Ongpin (left). File photo by Aya Lowe/Rappler

Indophil is confident Tampakan mine will push through

Sep 16, 2013 - 10:18 AM

Glencore Xstrata s minority partner notes that the Tampakan project has only been revised not suspended

WORLD-CLASS ASSET. Photo shows a visualization of the Tampakan mining site by Parsons Brinckerhoff for Swiss miner Xstrata

Ongpin-led Atok loses bid for Mindoro mine

Sep 15, 2013 - 10:00 PM

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

GOODBYE, NICKEL? The court of appeals favored the foreign mining firm instead of the group of Filipino billionaire Roberto Ongpin (left) in a civil case involving a Mindoro nickel mine. File photo by Aya Lowe/Rappler