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Wed Aug 12, 2009
Chinese nickel company leads unsolicited bid for Canadian nickel developer
Chinese metallurgical group Jilin Jien has, in conjunction with a Canadian partner, made an unsolicited bid for a Canadian nickel developer suggesting a new more aggressive approach by Chinese companies for Western miners.
LONDON: In what appear... (4 KB) |
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Mon Jun 1, 2009
Sumitomo's Palawan nickel plant starts full-scale operation
Articles of interest are periodically sent out to our contact list and appear exactly as they did in the original dissemination. Links to the original posting website are provided when available.
coral Bay, Palawan
JAPAN'S SUMITOMO Metal Mining Co. Ltd. has completed the $500-million upgrade of its nickel processing plant in Palawan, finally starting full commercial operation, a company official said la... (4 KB) |
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Tue Feb 10, 2009
11 JAPANESE MINING FIRMS, TRADERS PLAN RETURN TO RP
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MANILA: Seven of 11 Japanese mining and trading companies, which used to have investments in the Philippines, have expressed interest to return after a study showed promising ore deposits in the country.
The Japanese government commissioned the Japan Mining Engineering Center to c... (3 KB) |
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Tue Nov 25, 2008
LOOMING FERTILIZER SHORTAGE
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MANILA - In our discussion of the current rice crisis, Commodore (ret.) Rex Robles tells us of the three legs of the national security tripod: food, fuel, fertilizer.
We are now burdened with the rising prices of food and fuel. Here comes the information of a looming fertilizer shortage.
The in... (7 KB) |
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Fri Aug 8, 2008
$150M IN MINING DEALS INKED IN CHINA
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BEIJING --- President Gloria Macapagal-Arroyo witnessed the signing Thursday of a cooperation agreement between two Philippine companies headed by her former chief of staff, Michael Defensor, and a Chinese company to explore for nickel and put up a $150-million nickel processing plant in the Philippi... (5 KB) |
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Fri Aug 8, 2008
IFC POURS MORE INVESTMENT IN MINING
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The International Finance Corp. (IFC) is pouring in investments in mining, "accepting business risks where other investors are unwilling to," even as its mining portfolio has reached to $ 625 million as of end-June.
Jesse O. Ang, IFC resident representative for the Philippines, said that IFC's "s... (3 KB) |
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Thu Jul 31, 2008
PHILIPPINES STILL ON MINING RADAR
Articles of interest are periodically sent out to our contact list and appear exactly as they did in the original dissemination. Links to the original posting website are provided when available.
MANILA, Philippines -- Mining groups from Brazil to Australia are combing the Philippines for copper, nickel and gold but patience is required to see a return on investment, a top official said on Thursday.
Disagreement over contracts, communist rebel attacks, financial difficulties and local oppo... (5 KB) |
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Sun Jun 29, 2008
PGMC to export 450,000 MT of nickel ore
MANILA, Philippines - Mining firm Platinum Group Metals Corp. is set to ship 450,000 metric tons of nickel ore to Australia from its mine sites in Surigao del Norte and Isabela in the third quarter.
In a statement, PGMC said that of the total, 300,000 MT of nickel ore would come from its Cagdianao, Surigao del Norte mine site and 150,000 MT would be shipped by its Isabela mine.
PGMC signed a five-year contract with Queensland Nickel Ltd. (QNI), a subsidiary of BHP Billiton, covering the an... (3 KB) |
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Sun Jun 29, 2008
Gov't expects mineral sales to hit $10B in 2011
MANILA, Philippines - The government remains bullish on the prospects of the mining industry, which it expects to generate as much as $10 billion in mineral sales by 2011.
The projected sales revenue translates to 58.9-percent average annual growth from 2004 to 2011, data from the Bureau of Mines and Geosciences showed.
According to the MGB, mineral sales are expected to reach $3.62 billion this year; $4.51 billion in 2009, and $5.379 billion in 2010. Last year, mineral sales hit $3.078 bi... (4 KB) |
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Sat Jun 28, 2008
Mindoro nickel project feasibility eyed
Mindoro nickel project will go through a definitive feasibility study (DFS) after Intex Resources ASA has appointed a contractor to design a processing plant for the mine that will initially produce 40,000 metric tons (MT) of nickel.
Intex of Norway has appointed Aker Solutions Australia which will also conduct a study for the potential expansion of the nickel deposit while the study on the processing plant should involve considerations on safety and minimization of impact on the envir... (2 KB) |
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