Oriental Paninsula Resourses Group Inc or known is about to be investigated by the Philippine Stock Exchange. The investigation is done on request by Nickel mining firm Platinum Group Metal Corp Inc. PGMC requested that the PSE investigate and suspend the trading of its shares for persisting to conduct mining operations in Palawan despite [...]
Argonaut Resources announced the highest nickel grade intercepts to date at the Company’s Century tenement in Laos. The latest results include trenching intercepts of up to 22m at 1.0% Nickel across disseminated nickel sulphide mineralisation at the Nam Hone East prospect on the Century tenement. The Company is planning a concentrated drilling program on the [...]
Copper King Mining Corporation, an ore mining, processing, and exploration company located in Southern Utah, today announced further updates concerning its mining and processing operations near Milford, Utah.
Copper King announced today that the Flotation’s Mill’s prime electrical contractor, A&F Electric of Milford, Utah, commenced electrical wiring in the Mill by installing high efficiency electric overhead [...]
The multi-billion dollar mining project in Mati City has caused rift not only between the mining companies involved in the project but also among indigenous people living in the area.
Mandaya tribal group chieftain Rufino Mapinogos, said in an interview at his residence in Barangay Macambol, that there are some lumads who oppose the mining project [...]
A Makati Regional Trial Court (RTC) has issued a writ of preliminary injunction against foreign-owned mining firm BHP Billiton, barring the company from operating in the Pujada Nickel mining site in the City of Mati, Davao Oriental.
In an Omnibus Order dated May 20, 2008, Judge Winlove Dumayas of the Makati RTC Branch 59 ordered BHP [...]
Australian nickel mining company, Albidon has discovered exciting drill results at its Sunnyside project, the company has announced.
Believed to be the most substantial nickel sulphide intersections in Botswana outside the Selebi-Phikwe and Tati nickel mining districts, the intersections include 8.6m@1.21 percent nickel, 0.30 percent copper within an intersection of 18.6 metres with grades ranging [...]
Mechel, a leading Russian mining and metals company, said on Thursday it had acquired 95.69% of shares in the UK-based Oriel Resources Plc, which owns assets in Russia and Kazakhstan.
Mechel made a $1.498 billion purchase offer to Oriel, a London-based chrome and nickel mining and processing company valued at around $1.2 billion, in late March. [...]
Atlas Consolidated Mining and Development Corp. said Monday its consolidated net income in 2006 declined to P47 million from P85.4 million a year earlier.
Income at parent level, however, was higher at P272 million on the back of retiring liabilities and market-to-market gain on restructured debt.
Alfredo Ramos, president and chairman of Atlas, said the company’s total [...]
Berong Nickel Corp., a unit of publicly-listed Atlas Consolidated Mining and Development Corp. is investing P1.2 billion to produce nickel in its Quezon, Palawan site.
Operations would start next month with total capacity of 1.47 million metric tons per year.
The project is a joint venture among Atlas, UK-based Toledo Mining Corp. plc (TMC) and Investika Ltd. [...]
Mining firm GeoGrace Resources Philippines Inc. is negotiating with Chinese giant Jinchuan Nonferrous Metals Corp. on a joint venture involving its nickel mining rights, a source in GeoGrace said.
The source said discussions began in earnest after talks with Philnico Industrial Corp. on a $1-billion deal to rehabilitate Philnico nickel mines on the southern island of [...]
