• Sierra acquired by RTG Mining

    Sierra-MabiloSIERRA Mining has received further outstanding results from ongoing drilling at the Mabilo project in Luzon. After receiving these results Sierra became part of a new merged entity with RTG Mining. Canada-based RTG purchased all the shares of Sierra.

  • St Augustine focus on de-risking King-king

    ST Augustine Gold and Copper is focusing on key de-risking activities at the King-king Copper Gold Project in Mindanao with a goal of moving the project to construction in 2015 and ultimately reaching production in 2018. After completing a preliminary feasibility study (PFS) in 2013, the main activities this year include securing permits and funding.

  • Crazy Horse proposes amalgamation

    CRAZY Horse Resources has entered into an agreement regarding a proposed transaction with Ballyliffin Capital Corp, a capital pool company company listed on the TSX Venture Exchange. The amalgamation, in accordance with the Business Corporations Act (British Columbia), will create a new company under the name Asia Arc Inc.

  • Runruno now financed to first gold

    Metals-Ex-mining-accessPreparing access roads to the open pit at the Runruno Gold Project.METALS Exploration has entered, via its subsidiary FCF Minerals Corporation, into a senior secured project financing facility for up to US$83 million. The debt facility, along with existing equity funding available to the company, will be applied to ongoing development and construction of the Runruno Gold Project and is forecast to provide sufficient funds to achieve production.

  • High grade results from SWB shoot

    Red-Mt-drillingRED Mountain Mining has received high grade results from two diamond drill holes aimed at extending the South West Breccia (SWB) resource at the Lobo section of its Batangas Gold Project. The company has also started a definitive feasibility study (DFS) for Batangas with completion expected by December 2014.

  • B2Gold assesses Masbate mill expansion

    B2GOLD is undertaking a metallurgical sampling and analysis program in order to assess the potential for a mill expansion at the Masbate Gold Project with conclusions expected in the fourth quarter of 2014. A mill expansion would allow the company to take advantage of opportunities to process additional ore, allow for full utilization of a new SAG mill and optimize process plant gold recoveries.

  • DMCI takes control of ENK

    DMCI Holdings is taking full control of UK-listed mining firm ENK Plc, which is focused on developing the Acoje Nickel Project in Luzon. In a disclosure to the Philippine Stock Exchange, DMCI advised that it had acquired an additional 40% stake in ENK from D&A Income for GBP42.03 million.

  • Red 5 begins Siana remediation work

    The open pit at Red 5’s Siana Gold Project in northern Mindanao.RED 5 Limited has commenced remediation activities requested by the Philippines Department of Environment and Natural Resources (DENR) in order to recommence mining operations at its Siana Gold Project. The company believes that this work will take 6-8 months to complete prior to commercial milling activities commencing.

  • Double Concept invests in Intex

    AS part of its new strategy for the Mindoro Nickel Project, Intex Resources has agreed to sell 8.9 million treasury shares representing 9.71% of its outstanding shares for proceeds of NOK20.025 million (about US$3.334 million). The buyer is Double Concept Investments, a Hong Kong-based company controlled by Alfonso Cusi and Wilfredo Fernandez, who are members of the Board of Directors in Intex Resources Philippines.

  • Intex refines Mindoro strategy

    Intex-drill-rigINTEX Resources is advancing along the path towards making the Mindoro Nickel Project a more Philippines’ orientated operation in order to advance it towards production. “Mindoro Nickel belongs to the Philippines and therefore we follow the path to get there,” says Intex CEO Henno Grenness.

  • Mindoro repays TVI Pacific loan

    MINDORO Resources has repaid outstanding principal and interest in the amount of $399,176 due to TVI Pacific as part of a secured promissory note for Can$1.3 million arranged last year. The payment helps ensure Mindoro’s ongoing participation in a number of joint ventures with TVI Pacific and its Philippines affiliate TVI Resource Development (Phils) (TVIRD).

  • Agata proceeds to development

    TVI-Agata-North-depositTHE Agata Mining Joint Venture of TVI Pacific, Mindoro Resources and TVI’s Philippine affiliate, TVI Resource Development (Phils), (TVIRD) has received the Declaration of Mining Project Feasibility (DMPF) which authorizes the JV to proceed to development of the Agata project in Agusan del Norte, Mindanao. This allows for extraction and sale of iron, nickel and other associated minerals in the contract area.

  • PHILIPPINES - Flooding curtails quarterly production

    Medusa Mining produced more gold from its Co-O project on Mindanao during the March quarter than in the previous quarter but was short of production forecasts due to flooding in January.

  • Runruno construction on schedule

    THE construction phase of Metals Exploration’s Runruno Gold Project is proceeding on plan and within budget. The focus is to complete construction at the earliest opportunity without compromising safety and quality, with the objective of commencing commissioning in final quarter of 2014.

  • Indophil aims for dual listing

    ASX-LISTED Indophil Resources hopes to list its shares on the Philippine Stock Exchange to win more local support for the long-delayed $5.9 billion Tampakan copper and gold mining project. Indophil owns 37.5% of Sagittarius Mines, the local operator for the Tampakan project in the southern province of South Cotabato, where a 2010 ban on open-pit mining has delayed development.

  • PHILIPPINES - Masbate annual guidance unchanged

    Although first quarter gold production at B2Gold’s Masbate project was lower than expected overall production guidance for 2014 remains unchanged. There were 42,576 ounces of gold produced compared to budget of 51,892 ounces.

  • Opportunities for all in South East Asia

    SOUTH East Asia is a diverse region which means there is something for everyone in terms of opportunities, particularly in the mining and energy industries, according to a Vietnam-based Austrade senior trade commissioner.

  • PHILIPPINES - DFS under way for Batangas project

    Red Mountain Mining has commenced the definitive feasibility study (DFS) for its Batangas Gold Project with completion expected by December 2014. The DFS follows the recent new gold discovery from a drilling program under the South West Breccia (SWB) resource, which has potential to increase the resource and provide a boost to the economics of the recent scoping study.

  • PHILIPPINES - Mindoro repays loan

    Mindoro Resources has repaid outstanding principal and interest in the amount of $399,176 due to TVI Pacific, pursuant to the Grid Promissory Note arranged in June 2013.

  • PHILIPPINES - Agata proceeds to development

    The Agata Mining Joint Venture of TVI Pacific, Mindoro Resources and TVI’s Philippine affiliate, TVI Resource Development (Phils), (TVIRD) has received the Declaration of Mining Project Feasibility (DMPF) and clearance to develop a port facility for the proposed direct shipping ore (DSO) operation of the high-iron laterite resources at the Agata project, in Agusan del Norte, Mindanao.

Resource Center Whitepapers, Videos, Case Studies

Conferences & Events

No events