philippine news

Protect women — CHR

by Joel dela Torre
from People’s Journal

MARKING the United Nations Day for Women and International Peace today, the Commission on Human Rights called on government to improve protection and programs for the rights of women.

The CHR said … Read the rest

Toledo Mining lays off 90% of workforce (Cites drastic cut in nickel demand)

Ronnel Domingo
Philippine Daily Inquirer

MANILA, Philippines – Toledo Mining Corp. said it had laid off some 600 workers and contractors while some directors took pay cuts as dampened demand took its toll on nickel operations in the Philippines.

According … Read the rest

Hard times hit Benguet mining firms

Artemio Dumlao
Philippine Star

ITOGON, Benguet — Two mining giants – Lepanto Consolidated Mining Co. in Mankayan town and the Australian-owned Anvil Mining Ventures in Itogon town – have begun exploring tough measures, including work rotation and downscaling of operations, … Read the rest

Mining to remain a bright spot in RP economy

Marianne V. Go
Philippine Star

The Philippine mining sector is expected to remain a bright spot for investments and economic activity despite the current financial turmoil resulting from the US subprime meltdown.

This optimism was expressed by Australian Trade Minister … Read the rest

Mining stakeholders act to restore confidence in RP

Philippine Star

The government and stakeholders of the mining sector must work harder to restore confidence in the Philippine economy and convince investors to proceed with their investments   in the Philippine mining industry.

This was the appeal of Chamber of … Read the rest

Metal value down 20% in 6 months

Othel V. Campos
Manila Standard

The value of metal production in the Philippines declined 20 percent in the first six months of the year to P33.97 billion from P42.52 billion year-on-year mainly dut to lower nickel output.

Data from the … Read the rest

Mining investments reach over $200 million in Q2

Reuters
Philippine Daily Inquirer

MANILA, Philippines — The Philippine mining sector drew over $200 million in investments in the second quarter, a senior official said Thursday, bringing the first-half figure to about a third of the government’s target for the … Read the rest

Atienza says mining sector capable of growing 5 times in next 3 years

Katherine G. Adraneda
Philippine Star

Environment and Natural Resources Secretary Lito Atienza said the local mining industry is capable of growing five times in the next three years.

Atienza, who led the Philippine delegation in the Asia Mining Congress held … Read the rest

SC asked to scrap ‘unconstitutional’ mining act

Mike Frialde
Philippine Star

Two party-list groups yesterday asked the Supreme Court to scrap the Philippine Mining Act or Republic Act 7942 for being unconstitutional.

In the petition, Akbayan Rep. Ana Hontiveros-Baraquel and Bayan Reps. Lorenzo Tañada III and Teodoro … Read the rest

Mining investments to surge this year

Daxim Lucas
Philippine Daily Inquirer

(Conclusion)

The country’s top mining regulators continue to be bullish about the industry, despite the roadblocks that remain in the way of many foreign investors and their local partners.

In recent months, however, this bullishness … Read the rest

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