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Philex confirms feasibility of $1.5bn Silangan project in the Philippines

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A study undertaken by gold and copper producer Philex Mining has confirmed the viability of its $1.5bn Silangan project on the island of Mindanao in southern Philippines. Silangan has estimated reserves of five billion pounds of copper and nine million ounces of gold. The mine is expected to begin production in 2018 and become a …

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Asteroid Mining Could Become a Reality in Our Lifetimes. Is It even legal?

Fuente: RT

There’s gold in them thar skies, or at least some platinum and a substantial amount of water, according to hopeful space prospectors. Over the past several years, a few companies have announced plans to mine asteroids. If successful, they could reinvigorate earthbound industries with infusions of rare earth minerals. They could also catalyze a new …

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Mining for inclusive growth

Maquinaria

Mining has become a divisive issue, yet it need not be. Efforts to clarify and sharpen the Philippines’ mining policy have generated intense debate among stakeholders, spanning the business community, civil society and the central and local governments. The debate largely centers on increasing the government’s share of the total mining revenues. The government’s proposed …

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