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The Tampakan Copper and Gold Project: Whose mine is it anyway?

By Edwin Espejo Mon, Feb 20, 2012 7:34AM UTC View Comments

Sagittarius Mines Inc. general manager Mark Williams said the company had already spent more than US$360 million on the initial development of the US$5.9 billion Tampakan Copper and Gold Project. When allowed to go to commercial production, the mining project will reportedly contribute an average of one percent to the annual gross domestic product of...

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Philippines: More trouble for mining giant

By Edwin Espejo Wed, Jan 18, 2012 8:37AM UTC View Comments

Rebuked by the environment bureau, the Xstrata Plc-controlled Sagittarius Mines Inc. faces yet another obstacle that could lead to eventual shutting down of its ongoing exploration activities in the Philippines. On Monday, a member of the South Cotabato provincial board said they are considering a five-year moratorium on all forms of mining the province in...

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Philippines govt rejects SMI mining bid

By Edwin Espejo Fri, Jan 13, 2012 3:02PM UTC View Comments

The Philippine energy and natural resources department last week gave the thumbs down to the application of Sagittarius Mines Incorporated (SMI) for environmental clearance for its planned commercial production of copper and gold in the Tampakan, South Cotabato. The department of energy and natural resources (Denr) cited the ordinance of South Cotabato which banned open...

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Philippines: The mines of our (in)security

By Edwin Espejo Wed, Oct 05, 2011 9:18AM UTC Comments Off

The communist-led New People’s Army (NPA) on Monday simultaneously attacked three mining firms in the northern Mindanao province of Surigao del Norte destroying millions of dollars worth of equipment, machinery and other property. The attacks, coming several days after Mindanao rebel spokesman Jorge Madlos warned big mining companies against continued operations in the island, were...

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Philippine reds silent on mine exec slaying

By Edwin Espejo Wed, Sep 21, 2011 7:50PM UTC View Comments

The September 16 slaying of a mining executive in Davao City may be related to his job description, but not the handiwork of communist rebels as the New People’s Army (NPA) sent signals that they were not involved in the killing. Cris Bual, 53, was gunned down early September 16 while jogging with his wife...

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