^
+ Follow BASAY MINING CORP Tag
BASAY MINING CORP
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 348177
                    [Title] => Mines bureau eyes $122M in new investments this year
                    [Summary] => 



The Mines and Geosciences Bureau (MGB) is targeting mining investments of about $122 million for 2006.


"So far, about $47.91 million has been added to actual investments for the year bringing the total to $494.57 million since 2005. If we are to include the $80-million Didipio copper-gold project, we will be able to achieve our target for the year," said MGB Director Horacio Ramos.
[DatePublished] => 2006-07-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 323675 [Title] => Mining investments seen to reach $8B in med term [Summary] => Investments in the resurgent local mining sector totaled $372 million in the last three years and is expected to accelerate, reaching at least $8 billion in the medium-term on the back of increasing demand for metals in the world market.

Data from the Mines and Geosciences Bureau (MGB) indicate that investments in the mining industry had been lackluster from 2003 to 2004 as mining companies reeled from the 2003 Supreme Court ruling that deemed the Philippine Mining Act of 1995 unconstitutional.
[DatePublished] => 2006-02-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 322368 [Title] => DENR pursues $8-B mining projects [Summary] => The Department of Environment and Natural Resources (DENR) will pursue in the next five years, 24 medium and large-scale mining projects requiring new investments of $8 billion.

Environment and Natural Resources Secretary Angelo Reyes said the primary minerals production will come from gold, copper and nickel mining projects.

"The DENR will continue to focus on the rehabilitation of abandoned mines and promote more investments in mining," Reyes said.
[DatePublished] => 2006-02-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 268406 [Title] => Gov’t takes over abandoned mines [Summary] => The state-run National Resources Mining Development Corp. (NRMDC) will take over and undertake the rehabilitation of three abandoned minesites as part of government’s measures to further perk up the renewed interest in the local mining industry.

"We are currently negotiating with the concerned parties about the turnover of these abandoned minesites and we expect to have something positive in the next two weeks," said Artemio Disini, president of NRMDC.
[DatePublished] => 2005-02-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 100745 [Title] => APT bares latest asset dispositions [Summary] =>

Asset Privatization Trust (APT) chairman and chief executive Renato B. Valdecantos announced the sale of certain government assets that were approved for disposition by the Committee on Privatization (COP) chaired by Finance Secretary Jose Pardo last Feb. 5, 2000.

Valdecantos disclosed the successful sale of specific assets belonging to the following companies and their respective winning bidders: Philippine Cellophane Film Corp. (PCFC), awarded to Villasan Contractors; Davao Timber Corp. [DatePublished] => 2000-02-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

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