• Study for Agata nickel processing

    DSO mining operations at the Agata Nickel Project in northern MindanaoAGATA Processing Inc (API), expected to complete a definitive feasibility study (DFS) by the end of 2014 for a nickel processing plant at the Agata project in northern Mindanao. The proposed nickel processing plant will use a proprietary and innovative combination of two proven technologies that aim to achieve maximum nickel recovery at low operating and initial capital cost.

  • PHILIPPINES - Record Masbate production

    B2Gold Corp achieved record quarterly gold production of 62,972 ounces at the Masbate mine. This was approximately 34%, or almost 16,000 ounces, higher than both budget and production in the fourth quarter of 2013.

  • PHILIPPINES – Improved Batangas economics

    A combination of the increased Australian dollar gold price and substantially reduced diesel fuels costs in the Philippines has resulted in an increase in projected free cash flow, from Aus$30 million to Aus$45 million, for Red Mountain Mining’s Batangas Gold Project.

  • PHILIPPINES - Itogon second phase drilling begins

    ECR Minerals plc announces that the second phase of drilling at the Itogon Gold Project has commenced. ECR is the operator of the project and has the right to earn a 50% interest therein.

  • PHILIPPINES – Didipio production to increase

    OceanaGold Corporation expects production at its Didipio operation to increase during 2015 and has set a production range of 100,000 to 120,000 ounces of gold and 21,000 to 23,000 tonnes of copper. The company also expects slightly higher production from its New Zealand gold operations and has set a production range of 195,000 to 215,000 ounces.

  • PHILIPPINES - Two nickel DSO shipments completed

    TVI Pacific and its Philippine affiliate TVI Resource Development (Phils) (TVIRD), announce that Agata Mining Ventures Inc (AMVI) completed two shipments of high-iron/low-nickel direct shipping ore (DSO) for gross proceeds of US$1.34 million during December from the Agata project in northern Mindanao.

  • PHILIPPINES - Siana mine returns to production

    Red 5 Limited advises that a cease and desist order has been lifted from Siana Gold Project's processing operations by the Philippine’s Mines and Geoscience Bureau. The mine has been on care and maintenance since April 2013, when the external wall of the tailings dam was compromised by subsidence.

  • PHILIPPINES - Diamond drilling to begin at Itogon

    ECR Minerals will begin a program of diamond drilling on or about January 15 at the Itogon Gold Project in Benguet Province, northern Philippines. ECR is the operator of Itogon and has the right to earn a 50% interest in the project.

  • PHILIPPINES - St Augustine raises US$7.5 million

    St Augustine Gold and Copper Ltd, a development-stage company advancing the King-king Copper-Gold Project in Mindanao, has announced that its private placement has closed over-subscribed for total gross proceeds of US$7.5 million.

  • PHILIPPINES - Red Mountain funded for Batangas

    Red Mountain Mining has signed a binding Strategic Financing Partnership Agreement with London-backed private company Bluebird Merchant Ventures. The financing of US5.5 million (Aus$6.7 million) will be allocated to the Batangas Gold Project 120km south of Manila, with the project now funded until initial development.

  • PHILIPPINES - Medusa awarded coal concession

    Medusa Mining, through Philippine operating company, Philsaga Mining Corporation (PMC), has signed contracts with the Department of Energy for 9000 hectares of Coal Operating Contracts (COCs) containing well-defined coal measures immediately to the east of the company’s Co-O gold mining and milling operations.

  • PHILIPPINES - Final permitting phase at Balabag

    TVI Pacific and its Philippine affiliate, TVI Resource Development (Phils) (TVIRD), have entered the final phase of permitting at the Balabag Gold-Silver Project in Zamboanga del Sur province. TVIRD is fulfilling the final requirements necessary for approval of its Declaration of Mining Project Feasibility (DMPF) from the Philippines’ Department of Environment and Natural Resources (DENR).

  • PHILIPPINES - Masbate on track for guidance

    In an interim update issued on December 23 B2Gold stated that its Masbate Gold Project operations remained on track to deliver to the updated guidance for 2014 of approximately 180,000 ounces of gold. The company also said that the SAG mill was continuing to perform well.

  • PHILIPPINES - Mindoro in financing arrangement

    Mindoro Resources has arranged for a Can$500,000 bridge loan from TVI Resource Development (Phils) with the proceeds primarily used to fund outstanding obligations to Minimax Mineral Exploration Corporation for the acquisition of Minimax’s 25% interest in the Agata project. Other proceeds will be used for outstanding obligations to Mindoro’s former CEO Tony Climie as well as for general working capital.

  • PHILIPPINES - Third Agata nickel DSO shipment

    TVI Pacific and its Philippine affiliate, TVI Resource Development (Phils) (TVIRD), announce that Agata Mining Ventures Inc (AMVI) has completed its third shipment of high-iron/low nickel direct shipping ore (DSO) produced from the Agata project located in northern Mindanao. AMVI is a joint venture between TVIRD and Mindoro Resources with the former holding a 60% interest and being the operator.

  • PHILIPPINES - No typhoon impact for Masbate mine

    B2Gold Corp announces that operations are running normally at the Masbate Gold Project on Masbate Island following Typhoon Hagupit. Medusa Mining also advises that the typhoon did not affect the company’s operations in Mindanao.

  • PHILIPPINES - Agata JV drilling limestone project

    Agata Mining Ventures Inc (AMVI) has commenced definition drilling aimed at defining an initial NI 43-101 compliant resource estimate at the Agata limestone project in northern Mindanao. Once an initial resource has been developed and product markets are identified and confirmed, AMVI will evaluate the feasibility of commencing a limestone direct shipping ore (DSO) operation using the same infrastructure developed for current Agata nickel laterite DSO operations.

  • PHILIPPINES - Agata JV to ship higher grade DSO

    Mindoro Resources announces that Agata Mining Ventures (AMVI) is modifying its high-iron/low nickel direct shipping ore (DSO) operations to include shipments of nickel laterite containing higher nickel content in order to maximize revenues at the Agata nickel laterite project in northern Mindanao.

  • PHILIPPINES - ECR increases Itogon exposure

    ECR Minerals has increased its exposure to the Itogon Gold Project by purchasing 358,000 common shares of Tiger International Resources for consideration of Can$0.20 per share. ECR now holds approximately 3.67% of Tiger’s issued share capital.

  • PHILIPPINES - Second Agata DSO shipment

    The Agata joint venture between TVI Pacific and Mindoro Resources has completed the second shipment of high iron/low nickel direct shipping ore (DSO) produced from the Agata project in northern Mindanao.

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