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Old July 28th, 2012, 06:49 AM   #81
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Wala gyud nakabenefit ang Mga Mining Areas... Wala nakapatukod ug Commercial Buildings or Industrial Buildings. Mga Mining Buildings ray natukod... WTF! Sayangan gyud ko sa Surigao del Norte na ilang pagkatourist spot kung muanam ug kadako ang Maupaw, wala pa lang na muabot pero muabotay pa... Alangan naman ug maghulat pata na mahitabo na.., mabalhin gyud sa Surigao del Sur ang Tourist Spots white beaches pud rba didto....
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Old July 29th, 2012, 01:46 PM   #82
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Mt. Diwalwal Gold Mining Area
Moncayo, Compostela Valley

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Old July 30th, 2012, 04:10 AM   #83
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Originally Posted by coffeeworld View Post
Wala gyud nakabenefit ang Mga Mining Areas... Wala nakapatukod ug Commercial Buildings or Industrial Buildings. Mga Mining Buildings ray natukod... WTF! Sayangan gyud ko sa Surigao del Norte na ilang pagkatourist spot kung muanam ug kadako ang Maupaw, wala pa lang na muabot pero muabotay pa... Alangan naman ug maghulat pata na mahitabo na.., mabalhin gyud sa Surigao del Sur ang Tourist Spots white beaches pud rba didto....
FYI cantilan and carrascal are part of surigao mineral prospects!! they are even rich with minerals! WTF! igno jud ka coffeeworld taga caraga man unta ka..

carrascal is a municipality beside claver, and share the rich iron deposit as that of claver.ADLAY mining is in carrascal and there is a nickel mine also at cantilan, SDS.
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Old July 30th, 2012, 04:18 AM   #84
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Miner eyes resumption of work

SURIGAO CITY -- ShenZhou Mining Group Corp., a Chinese miner, plans to ask the government to lift an ordered suspension of its operations after it cleans up 50% of a silt-laden area, an official said.


“We will probably request for a resumption of operation once we have complied with 50% of rehabilitation,” Jacqueline F. De Leon, ShenZhou Mining’s corporate secretary said.

Ms. De Leon also added only a few employees would be retained while the company is supended although affected workers would be re-hired once mining activities resume. The mining firm could not yet implement its environmental program due to several issues that it had to address, Ms. De Leon said, without elaborating.

The Caraga office of the Environment department had earlier served a suspension order to ShenZhou Mining for reportedly causing extensive siltation in the coastal areas of Claver, Surigao del Norte.

Meanwhile, other mining companies in the province were given six months to comply with a government order to clean the shorelines of Claver Bay from heavy siltation.

In March this year, during a congressional hearing held in Claver, Taganito Mining Corp. manager Jose B. Anievas had said companies have undertaken a “holistic approach” to the problem. -- VLA
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Old July 30th, 2012, 04:19 AM   #85
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Originally Posted by Mindavao View Post
Mt. Diwalwal Gold Mining Area
Moncayo, Compostela Valley

thanx for posting MINDAVAO.welcome to the thread.
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Old July 30th, 2012, 04:22 AM   #86
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British firm tightens SMI security

GENERAL SANTOS CITY (MindaNews/27 July) –A British security consulting firm was recently reported to be scouting for an international security expert specializing in securing mining sites with added qualification of “expertise in possible armed response” following successive violent incidents at the Tampakan copper and gold project of Sagittarius Mines Inc (SMI) in South Cotabato and surrounding areas where the latter is operating.
Global Securities Solutions, Inc. (G4S) posted early this year a job opening for a top security expert “to provide service to a client in the mining industry in the area of overseeing and developing industrial security in General Santos City Mindanao, Philippines.”
G4S is referring to client SMI whose listed local security contractor is Catena Security Inc, the Philippine partner of the UK-based international security provider.
Among the job description listed by G4S is “to deliver field security services…(including) but are not restricted to Guarding, Armed Response, VIP Escort and security technology services.”
It also required the job applicant to “deliver standardized outcomes for routine operations and planned events and skills to escalate and control unplanned events.”
The application for the job closed in May 19 this year.
SMI has been the subject of armed attacks from the communist-led New People’s Army and a group of indigenous tribe belonging to a Blaan community who are opposed to its planned commercial operations in 2016.
On June 20 this year, a retired police colonel hired by SMI as its security consultant was killed along with a policeman guard in an ambush allegedly staged by a Blaan armed band led by tribal leader Daguil Capion in Kimlawis village in Kiblawan, Davao del Sur.
Capion has been opposing the encroachment of SMI into their ancestral lands.
Last year, SMI offsite land acquisition officer Cris Bual was gunned down while jogging near his home in Central Park village in Davao City.
On New Year’s Day in 2008, some 80 fully armed NPA guerillas raided the main base camp of SMI in Tampakan and abducted a village official whom they later executed.
G4S took over as security consultant of SMI from an Australian security company following the attack.
The following year, the same NPA rebel band also attacked the Tampakan police station whose unit the rebels claimed is providing security to SMI.


Last year, three drill contractors of SMI were also killed in an ambush also believed instigated by Capion’s group.
In all these incidents, SMI was forced to temporarily suspend operations only to resume them later when violence subsided.
In March 2009, anti-mining activist Eliezer ‘Boy’ Billanes was gunned down minutes after attending a dialogue with local government officials and military personnel after complaining of harassment from suspected government forces.
His death remains unsolved.
SMI is facing stiff opposition from the local Catholic Church as well as various environment groups for its planned mining operations.
Bishop Dinulado Gutierrez of the Diocese of Marbel has been repeatedly warning of an escalation of violence in the mining site if SMI is allowed to operate.
SMI was recently denied an environmental compliance certificate by the Environmental Management Bureau of the Department of Environment and Natural Resources on account of an existing provincial environment code, which banned open pit mining in South Cotabato.
But SMI said it will continue to explore all avenues to pursue its mining operations. (Edwin G. Espejo/Contributor)
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Old July 30th, 2012, 04:31 AM   #87
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Gov’t agencies, stakeholders in Caraga Region to ink agreement promoting local seafarers’ welfare
By Robert E. Roperos

Sunday 29th of July 2012 TweetFacebookYahooEmailShareThis BUTUAN CITY, July 29 (PIA) -- Government agencies and stakeholders in Caraga Region are set to sign a memorandum of agreement (MOA) to promote the welfare of the local seafarers.

In a statement, Department of Labor and Employment (DOLE)-Caraga Regional Director Ofelia Domingo said the activity will be presented and consequently signed during the Forum on the Working Conditions of Filipino Seafarers in the Domestic Shipping Industry on Monday, July 30, 2012.

Dir. Domingo also said the MOA will showcase the concerted effort of the various agencies and private companies including local organizations on the implementation, monitoring and regulation of pertinent laws on the local seafarers.

The region’s labor chief added this developed after the Labor and Employment Plan 2011-2016 has identified the Maritime Labour Convention 2006 as one of the priorities for ratification as it is a landmark international convention that would promote the rights of millions of Filipino workers.

Under the agreement, DOLE-Caraga shall promote and enforce the rights of the local seafarers in accordance to the provisions of the Labor Code of the Philippines, strictly implement its visitorial powers through a joint inspection with other agencies of the government concerned with the domestic shipping lines, encourage formation of harbor or seafarers organization that would promote the well-being of local or domestic seafarers, as well as extend other assistance that are deemed necessary.

For the part of the Maritime Industry Authority (MARINA), they are tasked to include in its regulation and monitoring the compliance of domestic shipping lines to wage standardization and occupational safety and health, spearhead joint inspection of the domestic fleet, as well as extend other assistance.

The Philippine Ports Authority (PPA) shall also promote stringent implementation of the health and fitness requirements of the local seafarers, conduct joint inspection with other agencies of the government, as well as extend other necessary assistance.

Further, the Philippine Coast Guard (PCG) shall ensure the safety and security of the local seafarers plying along the coast of the Philippine sea against piracy and effectively enforce maritime laws on smuggling, illegal fishing, drug trafficking, among others.

The Philippine Information Agency (PIA), on the other hand, shall include in the agency’s annual communications plan the tri-media information dissemination campaign of the rights, privileges and concerns of local seafarers including but not limited to wage standardization and occupational safety and health in the domestic shipping lines.

Also, the local government of Surigao City shall initiate, conduct and sponsor orientations and/or seminars on the minimum requirements of the Labor Code as well as the Occupational Safety and Health Standards to domestic chipping companies, regularly call for a joint inspection to domestic shipping lines on compliance to labor, safety and health and other regulatory requirements relative to the shipping industry.

Meanwhile, the provincial government of Surigao del Norte shall encourage all government entities including local government units – cities, municipalities within the province to initiate, conduct and sponsor orientations and seminars on the minimum requirements of the Labor Code as well as the Occupational Safety and Health Standards to domestic shipping companies, regularly call for a joint inspection to domestic shipping lines on compliance to labor, safety and health and other regulatory requirements relative to the shipping industry.

Mining companies such as the Chamber of Mines-Caraga, shall sponsor orientations and seminars on the minimum requirements of the Labor Code and the Occupational Safety and Health Standards to the partner and/or employed domestic shipping lines of the mining companies.

Also, the Taganito Mining Corporation, Pacific Nickel Philippines Inc., and Cagdianao Mining Corporation, shall make it their company policy to drop from their rolls of employees and/or partners those domestic shipping lines that are not cognizant of the minimum requirements of the Labor Code and Occupational Safety and Health Standards.

On the other hand, the Surigao Motorboat Operators Association (SMOA) shall champion the rights of the local seafarers and strictly abide with the provisions of the Labor Code and the Occupational Safety and Health Standards. (RER – PIA-Caraga)
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Old July 30th, 2012, 05:01 AM   #88
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Originally Posted by DAPA_CITY View Post
FYI cantilan and carrascal are part of surigao mineral prospects!! they are even rich with minerals! WTF! igno jud ka coffeeworld taga caraga man unta ka..

carrascal is a municipality beside claver, and share the rich iron deposit as that of claver.ADLAY mining is in carrascal and there is a nickel mine also at cantilan, SDS.
yes, Pero Dako ba na part sa SDS ang na Mining?
Ngano diay kung taga caraga ko.. Dle diay pwede mahim0ng Anti-mining? Nagtoo pud ka sa tanang taw sa Caraga proud sa Mining? Sus! Mining company ray nabulahan... For $1Bln. Investement, nakapatukod ba sila na makapaimprove sa Lugar? Wala! Kundi ila rang Extractor ang natukod...kung ang Japan man gani nahimong 3rd Largest economy in the World without Minerals, philippines na n0on na Dato sa Minerals pero wala me dato... Mas angay pang ipaclose ng mining company... Destruction ray nadawat nato... Mining company ray nidato... Naa pay Currupt... Hahay... Mao ng Dili gyud ko ma proud anang Income sa Mining... "Caraga¡¯s impressive growth was fuelled by the 9.7-percent expansion of its Service sector and the rebound of its Agriculture sector to a growth of 3.4 percent in 2011 from a decline of 9.6 percent in 2010."

.
And where is the Mining Growth? WTF! Mas nilamang pang Agricultural na mas barato pa sa Minerals....
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Old July 30th, 2012, 05:24 AM   #89
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Caraga seen as emerging mining capital in Asia

Posted by Surigaonon Ako on 8:32 AM in Business Mirror, Caraga, DTI, Mining | 0 comments
The Caraga region is now being viewed as the emerging “mining capital” in Asia with an increasing number of foreign and domestic investors pouring capital into the local mineral industry, a ranking official of the region’s Department of Trade and Industry (DTI) here said.

Caraga’s Trade and Industry regional director Brielgo O. Pagaran said the region has already been acknowledged as Asia’s emerging mining capital. He said at least 41 mineral production and sharing agreements (MPSAs) are now operating in the provinces of Surigao del Sur, Surigao del Norte, Agusan del Norte and Agusan del Sur including Dinagat Islands.

Pagaran said the region, having rich mineral deposits, has attracted many new investors. He added that at least 71 applications for production sharing agreement have already been approved with 247,916.59 hectares, while exploration permits (EP) also reaches to 17 with 25,147.56 hectares.

Earlier, the Board of Investments has reportedly approved the grant of incentives to Marcventures Mining and Development Corp. (MMDC)’s P474-million nickel-mining project in Cantilan, Surigao del Sur. The MMDC’s nickel ore-mining project has capacities of up to 800,000 wet metric tons.

MMDC’s nickel ore-mining project is expected to be operational starting this month and will employ around 215 people.

Sources said the Sumitomo Co. and Zamora Group mining investments are also expected to invest $1.2 billion in Surigao del Norte.

At present, Caraga region hosted at least 62 mining firms already engaged in mining exploration covering some 103,643.25 hectares, or 55.29 percent, of the entire mining permits approved in Mindanao.

Records at the Mines and Geosciences Bureau regional office, however, show that around 80 MPSAs,124 EP applications and five financial and technical assistance agreements are pending approval. 

Caraga, which is composed of four provinces in northeastern Mindanao, is the largest exporter of minerals in the island with Japan, China and Australia as its main market.  It has an estimated 3.2 metric tons of assorted mineral deposits and is known as having Asia’s largest nickel deposit.

Nickel is commonly used in producing stainless steel, super alloys, electroplating, batteries, coinage, magnets and other industrial and commercial materials.

The DTI’s consolidated production report indicated  that the region’s 2007 production reached  P6.8 billion, but dropped to  P3.28 billion in 2008. Sources, however, said  mining investments in the region only reached $370 million in 2007.

“The decline of the consolidated production in 2008 was due to the global economic crisis, but it started to bounce back in 2009,” Pagaran said.  

He pointed out that the mining operations in the Caraga region have improved people’s  living conditions in the countryside as most of them, particularly indigenous people, found jobs while tax revenues for local government units also increased.

In 2008 alone, Pagaran said at least 9,291 people were employed by mining companies spread in different provinces. He added that the government revenue collection also went up by P1.241 billion in 2007 alone while social-development programs reached P50.5831 million. (Business Mirror)
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Old July 30th, 2012, 05:29 AM   #90
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yes, Pero Dako ba na part sa SDS ang na Mining?
Ngano diay kung taga caraga ko.. Dle diay pwede mahim0ng Anti-mining? Nagtoo pud ka sa tanang taw sa Caraga proud sa Mining? Sus! Mining company ray nabulahan... For $1Bln. Investement, nakapatukod ba sila na makapaimprove sa Lugar? Wala! Kundi ila rang Extractor ang natukod...kung ang Japan man gani nahimong 3rd Largest economy in the World without Minerals, philippines na n0on na Dato sa Minerals pero wala me dato... Mas angay pang ipaclose ng mining company... Destruction ray nadawat nato... Mining company ray nidato... Naa pay Currupt... Hahay... Mao ng Dili gyud ko ma proud anang Income sa Mining... "Caraga¡¯s impressive growth was fuelled by the 9.7-percent expansion of its Service sector and the rebound of its Agriculture sector to a growth of 3.4 percent in 2011 from a decline of 9.6 percent in 2010."

.
And where is the Mining Growth? WTF! Mas nilamang pang Agricultural na mas barato pa sa Minerals....
haha..pero wala lage ka kabalo na naa puy mining sa SDS! haha..igno jud ka oi..

wala na iapil ang mining kay taga DoA man ang naghimo anang report.. out na na sa ilaha oi nganong ireport man na nila..wait lang ka magreport pud ang Bureau of Mines and Geosciences..
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Old July 30th, 2012, 05:40 AM   #91
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Tag guba nman ini ato mga bukid! uno nman ini :-)
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Old July 30th, 2012, 05:49 AM   #92
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Caraga seen as emerging mining capital in Asia

Posted by Surigaonon Ako on 8:32 AM in Business Mirror, Caraga, DTI, Mining | 0 comments
The Caraga region is now being viewed as the emerging ¡°mining capital¡± in Asia with an increasing number of foreign and domestic investors pouring capital into the local mineral industry, a ranking official of the region¡¯s Department of Trade and Industry (DTI) here said.

Caraga¡¯s Trade and Industry regional director Brielgo O. Pagaran said the region has already been acknowledged as Asia¡¯s emerging mining capital. He said at least 41 mineral production and sharing agreements (MPSAs) are now operating in the provinces of Surigao del Sur, Surigao del Norte, Agusan del Norte and Agusan del Sur including Dinagat Islands.

Pagaran said the region, having rich mineral deposits, has attracted many new investors. He added that at least 71 applications for production sharing agreement have already been approved with 247,916.59 hectares, while exploration permits (EP) also reaches to 17 with 25,147.56 hectares.

Earlier, the Board of Investments has reportedly approved the grant of incentives to Marcventures Mining and Development Corp. (MMDC)¡¯s P474-million nickel-mining project in Cantilan, Surigao del Sur. The MMDC¡¯s nickel ore-mining project has capacities of up to 800,000 wet metric tons.

MMDC¡¯s nickel ore-mining project is expected to be operational starting this month and will employ around 215 people.

Sources said the Sumitomo Co. and Zamora Group mining investments are also expected to invest $1.2 billion in Surigao del Norte.

At present, Caraga region hosted at least 62 mining firms already engaged in mining exploration covering some 103,643.25 hectares, or 55.29 percent, of the entire mining permits approved in Mindanao.

Records at the Mines and Geosciences Bureau regional office, however, show that around 80 MPSAs,124 EP applications and five financial and technical assistance agreements are pending approval.6§2

Caraga, which is composed of four provinces in northeastern Mindanao, is the largest exporter of minerals in the island with Japan, China and Australia as its main market.6§2 It has an estimated 3.2 metric tons of assorted mineral deposits and is known as having Asia¡¯s largest nickel deposit.

Nickel is commonly used in producing stainless steel, super alloys, electroplating, batteries, coinage, magnets and other industrial and commercial materials.

The DTI¡¯s consolidated production report indicated6§2 that the region¡¯s 2007 production reached6§2 P6.8 billion, but dropped to6§2 P3.28 billion in 2008. Sources, however,6§2said 6§2mining investments in the region only reached $370 million in 2007.

¡°The decline of the consolidated production in 2008 was due to the global economic crisis, but it started to bounce back in 2009,¡± Pagaran said. 6§2

He pointed out that the mining operations in the Caraga region have improved people¡¯s 6§2living conditions in the countryside as most of them, particularly indigenous people, found jobs while tax revenues for local government units also increased.

In 2008 alone, Pagaran said at least 9,291 people were employed by mining companies spread in different provinces. He added that the government revenue collection also went up by P1.241 billion in 2007 alone while social-development programs reached P50.5831 million. (Business Mirror)
Another PRAISE RELEASE para lang makasulod ug Mining. Aynata... Gawas na ang kagid...
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Old July 30th, 2012, 12:33 PM   #93
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anyone been to Toledo City in Cebu? its a city mostly reliant for years on that nearby Atlas Mining Company.

now, compare Toledo City with Danao City also in Cebu whose economy is diverse or perhaps compare Toledo City now with the recently established cities like Carcar and Bogo (all in cebu)

anyone heard of a city or province here in da Pilipins who attained first class income status through mining?????

or anyone here know of a country achieving first world status through mining?????
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Old July 30th, 2012, 03:16 PM   #94
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Originally Posted by BOB-bXu View Post
anyone been to Toledo City in Cebu? its a city mostly reliant for years on that nearby Atlas Mining Company.

now, compare Toledo City with Danao City also in Cebu whose economy is diverse or perhaps compare Toledo City now with the recently established cities like Carcar and Bogo (all in cebu)

anyone heard of a city or province here in da Pilipins who attained first class income status through mining?????

or anyone here know of a country achieving first world status through mining?????
ive been to those places youve mentioned. ive even had a classmates whose parent s are working in atlas Mining and Nagoperate man ang Atlas until now ug hamok nakatrabaho. Dili man nimo ibase lang tanan sa Mining ang makapadatu sa Syudad..Pwerting layu man tawun ning Toledo sa Capital City which is Cebu. Carcar and Bogo is a small city na mas duol pa and still growing and it cant rival with Toledo in terms of Industries, maybe soon kay abtanan man pud na siya to nearby municipalities like Barili, Dumanjug up to Badian.Swerte lang ning Carcar kay ing-ani ang nahitabo niya.

What is happening to minglanilla, san fernando, carcar is a domino effect from the capital which is Cebu and that is what is happening to consolacion, liloan and danao. Consolacion is much improved than Danao since they now have SM and massive housing developments.Consolacion is near to HUC Mandaue. I understand you are trying to relate the economic status of these Cities pero mining in Toledo is just part of its economy..
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Old August 1st, 2012, 01:11 AM   #95
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Quote:
Originally Posted by BOB-bXu View Post
anyone been to Toledo City in Cebu? its a city mostly reliant for years on that nearby Atlas Mining Company.

now, compare Toledo City with Danao City also in Cebu whose economy is diverse or perhaps compare Toledo City now with the recently established cities like Carcar and Bogo (all in cebu)

anyone heard of a city or province here in da Pilipins who attained first class income status through mining?????

or anyone here know of a country achieving first world status through mining?????
Can we have figures on the "compared" cities you mentioned? CCC alone earned P2.54B the other year. Although, your post borders on CvC, I can see you haven't done a deeper investigation re mining in relation to the growth of a city.

Take this case: if Toledo City is suddenly taken off the map, even Danao City could be in the dark. That's because, what was once a city dependent solely in mining morphed into a powerhouse of electric generation! Please see how industries sprang-out around the area because investors knew they will be up and running even if the eastern side power conks out! You can look forward and see how things ought to be after mining heydays, but you need forward-looking local government officials, IMO.
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Old August 1st, 2012, 06:00 AM   #96
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no , I do not have the figures. I suppose you have more cerebral point by enlightening us with the comparative figures....can you please provide us here. Thank you

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Can we have figures on the "compared" cities you mentioned? CCC alone earned P2.54B the other year. Although, your post borders on CvC, I can see you haven't done a deeper investigation re mining in relation to the growth of a city.

Take this case: if Toledo City is suddenly taken off the map, even Danao City could be in the dark. That's because, what was once a city dependent solely in mining morphed into a powerhouse of electric generation! Please see how industries sprang-out around the area because investors knew they will be up and running even if the eastern side power conks out! You can look forward and see how things ought to be after mining heydays, but you need forward-looking local government officials, IMO.
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Old August 17th, 2012, 04:28 AM   #97
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In case some people are unaware, the mining/extractive industry is a vital component of an industrial economy. Consider:

1. The raw materials in cement manufacturing are limestone, shale, gypsum and pozzolan which are all non-metallic minerals. In the Philippines these are chiefly won by quarrying. In rare cases, but none in the Philippines, limestone is mined underground. How could industrialization proceed without cement?

2. Construction products like granite, marble, adobe are all extracted from the earth by mining. I am not aware though that we are quarrying granite in the Philippines.
We have marble quarries in Rizal, Bulacan, Cebu, Romblon, among others.

3. Industrial products like paint, toothpaste, ceramics, etc. have non-metallic components which are mined/quarried.

4. Gravel and stone aggregates are essential in road construction, dams and other infrastructure; these are likewise products of the mining/quarrying industry.

5. Gold has played a key role in world finance and in the jewelry business.

6. Copper is essential in the manufacturing industry.

There is no downplaying the fact that a few mining companies are remiss in their environmental and social responsibilities. However, given the essential role that mining plays in industrialization, the proper approach should be to ensure companies follow environmentally sound practices.

When you stop all mining in the world, development stops.
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Old August 17th, 2012, 07:46 AM   #98
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Quote:
Originally Posted by GodIsNotGreat View Post
In case some people are unaware, the mining/extractive industry is a vital component of an industrial economy. Consider:

1. The raw materials in cement manufacturing are limestone, shale, gypsum and pozzolan which are all non-metallic minerals. In the Philippines these are chiefly won by quarrying. In rare cases, but none in the Philippines, limestone is mined underground. How could industrialization proceed without cement?

2. Construction products like granite, marble, adobe are all extracted from the earth by mining. I am not aware though that we are quarrying granite in the Philippines.
We have marble quarries in Rizal, Bulacan, Cebu, Romblon, among others.

3. Industrial products like paint, toothpaste, ceramics, etc. have non-metallic components which are mined/quarried.

4. Gravel and stone aggregates are essential in road construction, dams and other infrastructure; these are likewise products of the mining/quarrying industry.

5. Gold has played a key role in world finance and in the jewelry business.

6. Copper is essential in the manufacturing industry.

There is no downplaying the fact that a few mining companies are remiss in their environmental and social responsibilities. However, given the essential role that mining plays in industrialization, the proper approach should be to ensure companies follow environmentally sound practices.

When you stop all mining in the world, development stops.
Good read.

I am also for responsible mining as long as most of its output are used for the country where minerals are mined. If most of it are just exported, we are basically creating empty GDP growth output that will not create future growth.
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Old August 17th, 2012, 04:54 PM   #99
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Old September 11th, 2012, 06:10 AM   #100
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http://www.malaya.com.ph/index.php/b...talk-on-mining
Australian visit advance party to talk on mining

Published on Tuesday, 11 September 2012 00:00

Economic managers will explain the new mining policy to prospective investors in Australia ahead of the official visit of President Aquino next month.

An official privy to the event said Finance Secretary Cesar Purisima and Trade Secretary Gregory Domingo will lead the economic briefing for investors on the mining policy “and how it benefits them” at a roadshow that starts tomorrow September 12.

The officials would to meet separately with mining officials in Australia to correct misconceptions and clarify ambiguous issues on Executive Order issues by President Aquino last July.

“The group would relay the correct version from the horse’s mouth because investors hear a lot of things about the mining policy,” the official said.

President Aquino on October 22 to 28 would hold a six-day official visit to two of the world’s mineral-rich countries Australia and New Zealand these two countries to seek both business-to-business and government-to-government deals, in mining, infrastructure especially under the public-private partnership, shipbuilding, energy and even fishing.

The delegation would include members of the Chamber of Mines of the Philippines.

Some of the mining companies being targeted for meetings and deals in Australia are BHP Billiton and Rio Tinto, two largest companies in Australia; Indophil Resources and Xtrata Copper, investor in Tampakan copper-gold; Oceana Gold, investor in Didipio copper gold; CGA Mining Ltd., investor in Masbate gold mine.

Earlier, Trade Undersecretary Cristino Panlilio indicated the possibility of sealing deals with some of these companies.

Other possible investors that the Philippine delegation would meet include Leighton Holdings of Australia, a mining contractor and is engaged in infrastructure and; Serco Group Asia Pacific, also of Australia in infrastructure.

In shipbuilding, four of Australia’s biggest shipbuilding firms are being being eyed: BAE Systems Australia Holdings Ltd., Austal Ltd., ASC Pty Ltd. and Thales Australia HoldingS Pty Ltd.

On energy, Australian firms may be tapped for LNG terminals in the country Alliance Select, leading canned tuna manufacturer in the Philippines, is interested in fishing in New Zealand, bring the fish by reefer to the Philippines to augment supply here.

Joining the delegation are Bangko Sentral ng Pilipinas Assistant Governor Ma. Cyd Tuaño-Amador, National Treasurer Roberto Tan, and Cosette Canilao of the Public Private Partnership Center.
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