rapu mine lafayette

LAFAYETTE Philippines Inc., considered an environmental test case amid resurgent foreign investor interest in Philippine mining, is expected to resume commercial operation of its Rapu Rapu poly-metal mine this month, having so far passed environmental standards set by the Department of Environment and Natural Resources, an official said.
An independent team of experts led by Dr. […]

December 1st, 2006 – Posted in General

The Philippines said on Thursday Australia’s Lafayette Mining Ltd. could restart its copper and zinc mine south of Manila immediately, more than a year after it was shut due to cyanide spills. “The mining operations can now proceed,” Environment and Natural Resources Secretary Angelo Reyes told a news conference.

Lafayette’s stock jumped 13 percent to A$0.13 on […]

February 8th, 2007 – Posted in Copper, General

Philippines Orders Evaluation of Mining Sites After Last Year’s Waste Spill The Philippines on Wednesday ordered an evaluation of mining sites in the country after a cyanide-laced waste spill at an Australian-operated mine last year led to suspension of the company’s operations.

The evaluation should zero in on the facilities’ tailing ponds and waste dumps as the […]

July 12th, 2006 – Posted in General

The Philippines aims to lure mostly foreign firms to invest $122 million in mining projects this year, the Mines and Geosciences Bureau said on Tuesday. The targeted investments were on top of the $500 million previously placed by firms in 24 projects since 2005 as part of a programme to revive the local mining industry.

Benjamin de […]

July 18th, 2006 – Posted in General

The Rapu Rapu mine has to ensure that an effective control against polluting acid mine drainage (AMD) is in place before government can lift its suspension to ensure that it will not bring adverse effects on human, aquatic life, and the environment.
Mines and Geosciences Bureau (MGB) Director Horacio C. Ramos told a press briefing that […]

September 18th, 2006 – Posted in General

Environmental watchdog Greenpeace has led local coastal communities in a protest against an Australian company set to resume mining operations in the central Philippine island of Rapu-Rapu.
A flotilla comprised of the Greenpeace vessel “Esperanza” and 70 small boats sailed in front of Lafayette Mining’s facility in Rapu-Rapu to protest the government’s decision to let mining […]

August 24th, 2006 – Posted in General

The Federation of Philippine Industries (FPI) has warned that any court order stopping the 30-day test run of the mining operation of Lafayette Philippines in Rapu-Rapu, Albay, may derail the infusion of more foreign mining investments into the country.
FPI president Jesus Arranza said the government’s target of raising $122 million in mining investments by year’s […]

July 24th, 2006 – Posted in General

THE Philippine mining industry is poised to get at least $6.5 billion in investments if 24 priority projects finally push through, the head of the industry association said Tuesday.
This amount could go to as high as $10 billion if other projects in the pipeline get done despite recent criticism of the mining industry by activist […]

December 19th, 2006 – Posted in General

EACH Rapu-Rapu resident stands to gain only 2 pesos per day for the seven-year duration of the Lafayette Phil. mining project, contrary to the Australian company’s claim that mining will enrich the island’s 30,000 people, according to a socioeconomic report commissioned by the Greenpeace environment group.
The study, titled “Fool’s Gold,†showed that the economic benefit […]

June 9th, 2006 – Posted in General

Independent oil and gas explorer Energy Partners Ltd. said Friday it is in talks with “interested parties” about the company’s possible sale. Energy Partners said it will provide another update by mid-February, unless the process is completed sooner.

In November, Woodside Petroleum Ltd., Australia’s largest publicly traded petroleum company, said it would not extend for a third […]

January 15th, 2007 – Posted in General, Oil and Gas

Growing demand for ethanol has boosted prices for the corn-based fuel additive, worrying ethanol supporters just as they’re making inroads getting motorists interested in the alternative fuel. Greg Boesch, who owns Fred’s Mini Mart in Shadeland, said when he began selling E85, it was between 30 cents and 40 cents a gallon cheaper than gasoline.

Now, he’s […]

October 24th, 2006 – Posted in Alternative Energy

Growing demand for ethanol has boosted prices for the corn-based fuel additive, worrying ethanol supporters just as they’re making inroads getting motorists interested in the alternative fuel. Greg Boesch, who owns Fred’s Mini Mart in Shadeland, said when he began selling E85, it was between 30 cents and 40 cents a gallon cheaper than gasoline.

Now, he’s […]

December 26th, 2006 – Posted in Alternative Energy