philippine news

DENR to review mining permits in Nueva Vizcaya

Manila Times

The Department of Environment and Natural Resources has taken steps to address the complaints of tribal communities affected by mining concessions in Nueva Vizcaya.

Environment Secretary Lito Atienza ordered a thorough review of mining permits given to companies … Read the rest

Group says there is shortage of mining engineers in Mindanao

Manila Times

DAVAO CITY: There is a shortage of mining engineers in Mindanao, stated a report of the Philippine News Agency on Sunday, because of the perception that mining is an industry that destroys the environment.

Engr. Lucio Castillo, president … Read the rest

Mindanao has richest mineral deposits

Manila Times

DAVAO CITY: Two of the three mining areas with the largest high-grade mineral deposits in the country are found in Mindanao, reports the Philippine News Agency quoting a statement by a ranking official of the Mines Geosciences Bureau … Read the rest

Dialogue fails to secure tribal approval for mining company

Manila Times

TUBA, Benguet: Philex Mining Corp. still has not gotten the approval from Benguet’s indigenous people (IP) for its application for a production sharing agreement (APSA) 102 during the recently concluded dialogue at the Ben Palispis Hall at the … Read the rest

Mining shares offset losses, lift stock market

Manila Times

PHILIPPINE share prices closed a volatile session higher Monday with miners outperforming, offsetting losses in some blue-chips, dealers said.

The composite index added 37.18 points to 3,861.38 after moving between 3,803.05 and 3,863.35.

The broader all-share index rose … Read the rest