Philippines Mining News

Nickel market eyes Philippines as mine review delayed yet again

The review by the Mining Industry Coordinating Council is now set to take six months instead of three, according to the Department of Finance.

B2Gold says Mali’s new code won’t affect its Fekola mine

The Canadian miner says any contemplated amendments in a new mining code will not apply to Fekola without its consent.

Indonesia to lead nickel production: BMI

The market intelligence firm says global nickel ore production growth will continue to accelerate in 2018 as major producer countries see a recovery in production levels following subdued output in 2017.

Mali mine takes B2Gold 2017 output to record high

This is the ninth consecutive year the Canadian miner achieves record annual gold production.

Nickel prices will continue to fall: BMI

Increased supply from Indonesia and subdued demand from China are the main drivers behind the downward trend.

Philippines' Duterte holds open pit mining ban despite pressure

President Rodrigo Duterte's decision not only ignores demands from pro-mining groups but also from members of his own government, including the current environment minister Roy Cimatu.

B2Gold to kick commercial production at Mali mine earlier than planned

The Fekola mine will add up to 410,000 ounces of gold to the company's annual output.

Philippines open pit mining ban could be lifted before year end

Mines minister says will follow new recommendations of environment regulator reviving projects like giant Tampakan, Silangan copper-gold mines.

Philippines' Duterte lifts suspension on gold miner Lepanto

Lepanto was among more than two dozen companies ordered halted by a sacked minister who led an environmental crackdown.

B2Gold up on higher-than-expected production

Company said it expects production of between 50,000 and 55,000 ounces of gold from its new mine in south-western Mali to bring total metal production for 2017 to between 530,000 and 570,000 ounces of gold.

Philippines confirms environment minister who supports open pit mining ban

Roy Cimatu, who replaced ousted ecologist Regina Lopez in May, has said he would review evidence brought forward by mining companies and communities before deciding whether to keep, modify, or reverse his predecessor's measures.

Philippines delays environment minister nomination approval over mining woes

Former minister Lopez had to leave the post after the same legislative panel that delayed Cimatu’s confirmation rejected her appointment.

Philippines' President says open-pit mining ban should stay

Rodrigo Duterte said ban should remain in place given the environmental damage it causes, but noted he would give companies time to find alternative mining methods.

Philippines to expand mining ban to watershed areas, ore exports

In an effort to receive more financial benefits from mining operations, the government's proposal will also require investors in the sector to get legislative approval before operating.

Philippines says open pit mining ban to stay put

Environment and Natural Resources minister Roy Cimatu also said there was no rush to make decision on suspended, closed mines.

Philippines plans new law to ensure responsible mining

Philippine President Rodrigo Duterte said on Friday the country's mining industry pays too little in tax and not enough in compensation for any environmental damage.

As Indonesian nickel ore flows again to China, famine turns to feast: Andy Home

The flow of Indonesian nickel ore to China has resumed after a three-and-a-half year break.

Nickel production to grow for first time since 2013 — report

More supply will likely drag prices lower, as the metal already touched a one-year low of $8,680 per tonne on the London Metal Exchange last week and is down more than 10% this year.

For these women, working underground is a bright opportunity

Mothers will do everything to ensure a bright future for their children.

Philippines to keep mining law intact, despite new minister appointment

The new head of the environment office, Roy Cimatu, has however said he believed it was possible to balance mining and natural resources protection.

Philippines shows anti-mining environment minister the door

Congress decision puts and end to a 10-month tenure during which Regina Lopez ordered the closure of more than half the country's mines and banned open-pit mining.

Philippines extends mining ban, now forbids open-pits

Prohibition only affects planned mines, not the ones currently in operations, but it will take effect immediately.

Nickel price is plummeting

Down nearly $800 since Monday as Indonesia ore exports return to market, Philippines rethink mine closures.

Philippine miners say gov’t shutdown order ‘illegal’

Should the government go ahead with all the recommended shutdowns and suspensions, global supply of nickel will drop by about 8%.

Nickel hits 3-week high after Philippine mine closures

The price of nickel rose sharply last week as traders placed bets on supply pressures reverberating from a decision by the Philippines to close almost two dozen mines.