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the philippines mines and geosciences bureau mgb said on wednesday that it has granted a breather of another six months or until the yearend to five suspended mining companies, including two nickel ore producers, to rectify previous violations.
nickel miners in the country may expect improved prices for ore in the near term as indonesia sets an exporting ban for the mineral next yearante rravo, president of the philippine nickel industry association, told reporters earlier this week.
Miners in the philippines look set to fight the decision of the philippines department of environment and natural resources denr to close and suspend several mines in the countryo date, no closure andor suspension order has actually been sent out, chamber of mines of the philippines comp legal expert ronald recidoro told metal bulletin.
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Nickel miners in the country may expect improved prices for ore in the near term as indonesia sets an exporting ban for the mineral next yearante rravo, president of the philippine nickel industry association, told reporters earlier this week the indonesia export ban poses an opportunity for local miners, but noted the country may not be.
The philippines mines and geosciences bureau mgb said on wednesday that it has granted a breather of another six months or until the yearend to five suspended mining companies, including two nickel ore producers, to rectify previous violations of environmental regulations before they can be allowed to resume operations.
The philippine miners group does not include top nickel ore producer nickel asia corpwhich accounts for more than 25 percent of ore exports from the countryhere are 27 nickel mines in the philippines, including nickel asias four.
201994philippines miners to boost ore output as jakarta sets shipment ban philippine nickel miners are expected to boost ore production next year when indonesia bans.
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Toledo eyes philippines second nickel ore processing oledo mining corp has agreed to set up what could be only the second nickel ore processing plant in the philippines, where miners are mulling a move away from direct shipping of ore in response to falling chinese demandet price and support online.
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