Environmental impact weighs heavy on opencast mining operations

Opencast mining has become increasingly unpopular with nongovernmental organisations and government authorities owing to its high environmental footprint, but the method is still the most economical option for mining houses, says minerals industry...

Australian billionaire says to build nickel freight fleet

Australian businessman Clive Palmer on Friday said he plans to build and operate a fleet of four freighters to import nickel ore to a nickel refining plant purchased from BHP Billiton . The decision by the billionaire, who made much of his...

New COO for ENK as it upgrades resource

Emerging midtier nickel miner ENK has appointed Dean Stuart as COO to drive the completion of its nickel operations in the Philippines. Stuart would be responsible for the successful completion of the bankable feasibility study and the subsequent...

Fraser Institute poll names New Brunswick most attractive mining jurisdiction

New Brunswick has snatched the title as the most attractive jurisdiction to explore for minerals and build mines in the Fraser Institute’s yearly survey, jumping from last year’s position of twenty-third to beat Alberta. Of the 93...

Tampakan copper/gold project, the Philippines

The Tampakan deposit represents one of the largest undeveloped copper/gold deposits in South-East Asia.

Xstrata’s Philippine affiliate appeals Tampakan decision

The operator of the $5.9-billion Tampakan project in the southern Philippines said on Wednesday it had appealed a government decision not to grant environmental clearance for now on what could be Southeast Asia's biggest undeveloped copper-gold...

Indophil falls short of A$189.5m capital raising target

Copper/gold developer Indophil Resources, which holds a strategic interest in the Tampakan project in Philippines, has raised some A$183.3-million after completing the retail component of its non-renounceable entitlement offer, missing its target...

Sierra and CGA form Philippines exploration alliance

ASX-listed copper and gold explorer Sierra Mining has entered into an exploration alliance with CGA Mining to accelerate the exploration of its Philippines projects, as well as to pursue new opportunities. CGA, which is also listed on the ASX,...

Company Announcement: Kairiki partners with Shell to drill Gindara Prospec

Attached please find a press release on: Kairiki Energy Limited („Kairiki‰, ASX: KIK) is pleased to announce that its wholly owned subsidiary, Yilgarn Petroleum Philippines Pty Ltd, has entered into an agreement with Shell Philippines...

Gold Fields takes $340m option in Philippines project

South African gold-producer Gold Fields has entered into option agreements with Philippines-listed mining company Lepanto and private holding company Liberty Express Assets to acquire a 60% interest, to the value of $340-million, in the...

Company Announcement: Key Management Addition

Attached please find a press release on: KUTh Energy Limited (KUTh) announced today that it had appointed Mr James Randle to the position of Director of Projects effective from 1st August 2010.

Indophil extends trading halt on Philippines openpit uncertainty

Copper/gold developer Indophil Resources has extended its voluntary suspension from the ASX, as it has been unable to obtain clarity on the future of openpit mining in the Philippines. Last week, the Australian company suspended share trading...