• Studies improve Siana underground potential

    WITH mining activity at Siana Gold Project halted, Red 5 Limited has carried out engineering studies which have demonstrated the potential to enhance the financial outcomes of the proposed underground mine development. The studies have continued after the first phase of underground development was suspended in May.

  • BIOX circuit setback at Runruno

    THE Runruno gold operation of Metals Exploration plc continues to experience difficulties in the BIOX circuit ramp-up. Operationally all other aspects of the project continue to strengthen with the mining and non-BIOX aspects operating at or around design levels.

  • Semirara begins coal fleet modernisation

    SEMIRARA Mining and Power Corp (SMPC) plans to modernise its fleet to facilitate a coal mine expansion program. The Consunji-led company spent P3.5 billion for the procurement of equipment in the first half of the year and by the end of 2017, expects to have spent P5 billion.

  • Steady production expected at Co-O

    AFTER a difficult year at Co-O Gold Project, Medusa Mining expects to maintain production in the 2017/18 financial year at between 80,000 and 90,000 ounces. The company produced 80,743 ounces in the year ending June 30, compared to 108,578 ounces in the previous year.

  • Opportunities for Australian mining sector

    RECENT regulatory changes and new policies for the Philippines mining sector, which include an increased focus on adopting environmental and socially responsible standards, may create opportunities for the proven expertise of Australia’s mining and METS sectors.

  • Slow but steady progress at T’Boli

    RIZAL Resources continues to make slow but steady progress in re-establishing the T’Boli Gold Project in South Cotabato, Mindanao, and ramping up towards the intended Phase 1 daily production rate of 200 tonnes. Progress has been impacted by poor cashflow and a subsequent lack of funds.

  • Marcventures gains bauxite and nickel assets

    NICKEL producer Marcventures Holdings is merging with Asia Pilot Mining Philippines Corp and BrightGreen Resources Holdings in a deal valued at about US$22.1 million. Marcventures will remain as the surviving entity and operator.

  • CMC boosts nickel production

    CAGDIANAO Mining Corporation (CMC), a subsidiary of Nickel Asia Corp (NAC), has boosted its nickel operations and by the second week of November expects to have completed 39 shipments to China this year. Each shipment contains around 55,000 wet metric tonnes of nickel ore.

  • Underground mine to lift Didipio production

    PRODUCTION at OceanaGold’s Didipio Gold-Copper Project in northern Luzon is expected to increase when underground production is delivered at the end of the year. Gold and copper production at the project has decreased this year with the cessation of open pit mining.

  • Rizal makes progress at T’Boli

    RIZAL Resources continues to advance the T’Boli Gold Project in southern Mindanao towards full production. It has recommissioned the mill while mine development activities are advancing as part of a two-year plan with the objective of recommencing production and delivering positive operating margins.

  • High-grade results from Bunawan

    DIAMOND drilling at RTG Mining’s Bunawan Gold Project in Mindanao has returned high-grade intersections and identified a new style of mineralisation. The company believes that with the various geological conditions identified, the region has potential to see another major gold discovery.

  • Incessant rain hampers Runruno ramp-up

    A PROLONGED period of incessant rainfall has been a major factor in hampering the plans of Metals Exploration to get its Runruno Gold Project in Nueva Viscaya province up to full speed. The project is currently in the ‘test running and debugging’ phase.

  • Medusa progresses Co-O’s five pillars

    MEDUSA Mining has made significant progress on its five focus areas of development at the Co-O Gold Project - E15 service shaft; mine ventilation upgrade; mine de-watering expansion; Level 8 drilling stations for resource expansion; and prioritised mine development.

  • Masbate gold mine performs strongly

    THE Masbate Gold Project is continuing its strong operational performance with above budget production during the September quarter. This prompted B2Gold to increase 2016 production guidance to between 200,000 and 210,000 ounces from 175,000 to 185,000 ounces.

  • First sale of Runruno gold

    METALS Exploration achieved its first gold sale from the Runruno project in the Philippines late last year after gold doré produced during commissioning activities was uplifted from the project site for refining. The sale marked a major milestone in the project’s drawn-out development.

  • Storm clouds gather over Philippines

    The clouds building up over the Philippines mining industry continue to darken with new President Rodrigo Duterte stating this week that the country can survive without revenue from mining companies. He has warned mining companies to strictly follow environmental rules and regulations or face closure.

  • PFS confirms low-cost Batangas project

    The completed pre-feasibility study (PFS) on Red Mountain Mining’s flagship Batangas Gold Project in the Philippines confirms that it will be a low-cost project generating an estimated $A46 million in free cash flow during the first seven years of production.

  • Approval to develop Balabag mine

    TVI Resource Development (Phils), Inc (TVIRD), a company in which TVI Pacific has a 30.66% equity interest, has received approval for the Declaration of Mining Project Feasibility (DMPF) at the Balabag Gold-Silver Project in Zamboanga del Sur province, the Philippines.

  • Carmen Copper ISO certified

    Carmen Copper Corp has been certified for its Integrated Management System covering ISO 14001:2004 for environmental management and OHSAS 18001:2007 for occupational health and safety management.

  • Improved safety measures at Panian

    ADDITIONAL safety measures have been implemented at Semirara Mining and Power Corporation’s Panian Coal Project after a landslide last July. The accident claimed nine lives while five dump trucks, an excavator and a wheel dozer were destroyed.

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