Philex profit P2.7B for 2009 The Daily Tribune | 03/09/2010 | Philex Mining Corp. reported a net income of P2.74 billion or P0.562 per share for 2009, its fourth highest income performance to date. | In a report to the Philippine Stock Exchange, Philex president Ernesto Villaluna Jr. said, however, that net income was slightly lower than the P2....
Canadian gold and copper juniors to outpace the pack in 2010 Mineweb TORONTO6 (Reuters) - - | Shares of gold and copper exploration companies are the most likely to shine in the Canadian junior mining sector this year, as large miners raise their exploration budgets and scout for promising projects. | Small-cap stocks on the TSX Venture exchange enjoyed a...
China commodity story still intact but challenges abound - Mobius Mineweb SINGAPORE (Reuters) - | Commodity-related investments will remain a crucial avenue to gain exposure to the China story even if growth slows to single digits in the coming years, Mark Mobius, president of Templeton Emerging Markets said. | ...
Barrick CEO optimistic Reko Diq gold-copper project will go ahead Mineweb NEW YORK (Reuters) - | Barrick Gold (ABX.TO) Chief Executive Aaron Regent is optimistic the company can reach an agreement to develop the massive Reko Diq gold-copper project in Pakistan, he said on Tuesday. | The future of the $3 billion...
Freeport-McMoRan close to agreement with DRC to expand Tenke Fungurume - CEO Mineweb NEW YORK (Reuters) - | Freeport-McMoRan Copper & Gold (FCX.N) is close to agreement with the Democratic Congo government allowing it to go ahead and expand its huge copper/cobalt mine in the central African nation, its CEO said on Tue...
Tethyan still hopeful Reqo Diq will go ahead Mineweb ISLAMABAD (Reuters) - | The operator of a $3 billion joint venture copper and gold project in Pakistan is hopeful the project will go ahead despite a government threat to scrap it because of misgivings about the share of benefits. | The p...
Newmont considering expanding net to include more politically risky countries Mineweb NEW YORK (Reuters) - | Newmont Mining Corp (NEM.N), the world's No. 2 gold producer, might consider expanding operations into countries it previously believed were too politically risky, its chief executive said on Monday. | "It's not an ...
WN / sweet
Green groups seek mining moratorium to mitigate El Niño effect Inquirer | MANILA, Philippines—Environmental groups on Thursday called for a moratorium on large-scale mining, particularly in agricultural areas, to mitigate the effects of El Niño and to ...
Gold slips on jittery sentiment and rebounding dollar Mineweb SINGAPORE (Reuters) - | Gold edged down on Thursday after the U.S. dollar rebounded against the euro, while firmer oil prices offered little help as investors turned cau...
Cobalt price could be knocked as surplus looms Mineweb LONDON (Reuters) - | Prices of cobalt, used to make batteries, are expected to tumble this year as global producers ramp up output at a greater rate than demand grows. |...
Shares in Quadra Mining jump on JV with Chinese utility Mineweb TORONTO (Reuters) - | Quadra Mining (QUA.TO: Quote) said on Monday it has agreed to form a joint venture with China's largest utility company to help expand its Chilean operations and fund its huge Sierra Gorda copper project, which is exp...
Coking coal: back on proverbial fire Mineweb JOHANNESBURG - | BHP Billiton, the world's biggest producer of seaborne coking coal, has announced that it has settled contracts "with a range of customers throughout Europe, China, India and Japan", without confirming numbers, but probab...
Mongolian miners looking to list Mineweb HONG KONG (Reuters) - - | | More miners from the land of Genghis Khan may soon be listing abroad. | Mongolian owned and operated resources firms -- from coal to copper to iron ore companies -- are actively searching for foreign inv...
Lyon knocks Real Madrid out of Champions League The Star | LONDON (AP) - Big-spending Real Madrid was knocked out of the Champions League by Lyon on Wednesday and Manchester United spoiled David Beckham's return to Old Trafford with a 4-0 victory over AC Milan. | Madrid was held 1-1 at home by Lyon which meant it went out 2-1 on aggregate and failed to reach the last eight for the sixth season in a row. ...
A good bet on cash, tourists and crime Asia Times | By Stanislaus Jude Chan | SINGAPORE - Vehicles with foreign license plates filling the car park is the first unfamiliar sight that greets visitors in the basement of the Singapore's first casino, which opened nearly a month ago. | But surprises are to be expected after the casino opened its doors to its first clients during the Chinese New Year o...
