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The next big thing in Philippine mining

‘Mining is not the enemy. Poverty is. The lack of the most basic necessities, the lack of opportunities, the lack of choices these pernicious deficits have plagued our people for far too long, in far too many places. Yet, the supreme irony is that, in the midst of all this poverty, lie one of the world’s richest natural resources, a gift of providence endowed to our people.’ MVP

The next big thing in Philippine mining

‘Mining is not the enemy. Poverty is. The lack of the most basic necessities, the lack of opportunities, the lack of choices these pernicious deficits have plagued our people for far too long, in far too many places. Yet, the supreme irony is that, in the midst of all this poverty, lie one of the world’s richest natural resources, a gift of providence endowed to our people.’ MVP

SSS weighing participation in Philex stock rights offer

State-owned pension fund Social Security System is still evaluating if it will increase its shareholdings in Philex Mining Corp., which will conduct its P3.15-billion stock rights offering (SRO) starting at the end of February. Philex Chairman Manuel V. Pangilinan said SSS is still “evaluating” its options if it will take…

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