Canadian miner digging out gold in Surigao

CANADIAN MINER Mindoro Resources Ltd. will prioritize the exploration of its local gold and copper mines to take advantage of rising gold prices in world markets. "Clearly, the market has no appetite for nickel right now, so we are not going to attempt to finance the ad…

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China exploring mining opportunities

CHINESE GEOLOGISTS and mining experts have visited the country to exchange data on mineral resources with local counterparts as they look for possible opportunities in the Philippines, the head of the Mines bureau said. A five-man team from the state-run China Geological Sur…

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Philex completes pre-feasibility study of Boyongan deposit

PHILEX Mining Corp., a subsidiary of Philex Gold, Inc., has completed the pre-feasibility study of its Surigao del Norte copper-gold mine, the company said in a disclosure to the stock exchange. The study, completed by South African consulting firm Independent Resource Estim…

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Sumitomo may build $1.7-B nickel plant

NICKEL ASIA Corp. and Japanese partner Sumitomo Metal Mining Co. Ltd. may build a $1.7-billion nickel ore processing facility in Northeastern Mindanao next year, a move that could boost mining investments in the country. Gerard H. Brimo, Nickel Asia president and chief execu…

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