P/$ rate closes at P44.04/$ 1.
The peso exchange rate closed higher at P44.04 to the US dollar yesterday at the Philippine Dealing & Exchange Corp. (PDEx) from P44.28 the previous day. The weighted average rate appreciated to P44.061 from P44.129. Total volume amounted to $ 683.5 million. Lafayette hikes metal...

A listing for Formosa.
Byline: The Register-Guard The bright orange streambed says it all. And so does a new federal Superfund listing for the poisons-spewing Formosa mine in Douglas County. As The Register-Guard's Diane Dietz reported Tuesday, the Formosa mine ranked high on the federal toxic hazards ranking system...

Phelps Dodge eyeing Batong Buhay mine.
Byline: MELODY M. AGUIBA New York-listed Phelps Dodge, now deemed world's largest copper producer, has expressed interest to bid for the state-owned Batong Buhay copper-gold project in Pasil, Kalinga to boost the commercial viability of its several mining exploration prospects in the Batong Buhay vicinity. ...

Mining firm exec reacts to Albay pastoral letter; Invites Church leaders to visit mine site with an open mind.
Byline: MIKE A. AGUILAR II LEGASPI CITY - Carlos G. Dominguez, chairman and president of mining firm Lafayette Philippines Inc., said the other day that he is inviting church leaders and members of militant groups to visit the mine site in Rapu Rapu with an open mind....

Massey Energy Continues Its Strategic Review and Updates Guidance for 2007.
RICHMOND, Va., Nov. 20 /PRNewswire-FirstCall/ -- Massey Energy Company today announced that its Board of Directors, in conjunction with an independent review provided by the investment banking firm Goldman, Sachs & Co., has evaluated the Company's strategic operating plan and is considering a range of alternatives to enhance shareholder...

Paul Valenti to lead Galway's development team.
VANCOUVER, Jan. 12 /PRNewswire-FirstCall/ -- Galway (GWY: TSX-V) is pleased to announce the addition of Mr. Paul Valenti to the management staff to serve in the capacity of Vice President of Project Development. Mr. Valenti's vast experience in taking grass root projects and moving them into production, and then...

How can we make miners' lives safer?
Byline: Rupa Jha (##include msid=47949085,type=11 ##) Life is good till it exists. A coal-miner's life is like that of an Armyman's, live while it lasts. Coal mines are increasingly becoming death traps where several people have succumbed to life. In India there are at least...

SC, Paswan keep hopes alive for Kudremukh.
Byline: Shalini Singh NEW DELHI: Its 'tools down' for Kudremukh Iron Ore Company Ltd's (KIOCL) mining operations in Kudremukh National Park, Karnataka from 31st December, following a Supreme Court directive. However, some favourable developments suggest it may not be 'curtains down' for the Rs 1,800...

India's El Dorado to get back its shine.
Byline: Kounteya Sinha NEW DELHI: You could soon embark on a journey to re-discover India's very own El Dorado. Karnataka's tou-rism ministry is planning to reopen the 98-sq km Kolar Gold Fields - world's second deepest gold mine, and develop it into a tourist destination. ...

Bird's eye view.
Byline: Reshmi R Dasgupta Ask any Brit about Indian food and he'll chirp, "Chicken tikka masala!" Or "vindaloo". Or even more esoterically, "Balti" - that too, pronounced 'ball-tee'. Ask any Indian about British food, the equally pat answer would probably be "Shepherd's Pie". Or "bangers and mash"....