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                    [Title] => Manila Mining hikes capital to P1.8B
                    [Summary] => 



Manila Mining Corp. has obtained the approval of the  Securities and Exchange Commission to raise its capital from P1.2 billion to P1.8 billion, the company told the Philippine Stock Exchange.


The capital increase will pave the way for the company’s planned stock rights offering, which is  expected to raise about P895 million.


Proceeds from the rights issue will be used to fund a P200-million drilling program for its mining site in Surigao del Norte and pay off debts.


                    [DatePublished] => 2006-12-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 352794
                    [Title] => Manila Mining earmarks P200M for drilling program
                    [Summary] => 

Manila Mining Corp. has set aside P200 million for a drilling program aimed at determining the viability of resuming exploration activities on its mining site in Surigao del Norte.


Manila Mining said the program involves diamond and reverse circulation drillings on its properties and metallurgical testing.


Funding will come from its proposed stock rights offering, which is expected to generate P895 million. The shares to be issued to shareholders will come from the company’s increase in authorized capital stock from P1.2 billion to P1.8 billion.


                    [DatePublished] => 2006-08-14 00:00:00
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                    [ArticleID] => 350935
                    [Title] => Manila Mining eyes P895M from stock rights offer next month
                    [Summary] => Manila Mining Corp. plans to raise around P895 million from a stock rights offering to pay off debts and finance exploration projects.


In a disclosure to the Philippine Stock Exchange, Manila Mining said its board approved a stock rights offering to shareholders next month. 


The shares to be issued will come from the firm’s increase in authorized capital stock from P1.2 billion to P1.8 billion.


                    [DatePublished] => 2006-08-04 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Zinnia B. Dela Peña
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            [3] => Array
                (
                    [ArticleID] => 306944
                    [Title] => Canadian firm eyes mining site
                    [Summary] => Canadian firm East Asia Minerals Corp. has expressed interest in the development of Manila Mining’s Kalayaan mining site in Surigao del Norte.


East Asia Minerals is in addition to the other foreign companies that have signified their intention to enter into a joint venture with Manila Mining. The others include another Canadian company Ivanhoe Mines Ltd. and Anglo-American Plc.


Manila Mining expects to conclude an agreement with a foreign partner within the year.


The company’s operations remain suspended in the third quarter.


                    [DatePublished] => 2005-11-15 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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EAST ASIA MINERALS CORP

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                    [ArticleID] => 373023
                    [Title] => Manila Mining hikes capital to P1.8B
                    [Summary] => 



Manila Mining Corp. has obtained the approval of the  Securities and Exchange Commission to raise its capital from P1.2 billion to P1.8 billion, the company told the Philippine Stock Exchange.


The capital increase will pave the way for the company’s planned stock rights offering, which is  expected to raise about P895 million.


Proceeds from the rights issue will be used to fund a P200-million drilling program for its mining site in Surigao del Norte and pay off debts.


                    [DatePublished] => 2006-12-03 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Zinnia B. Dela Peña
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            [1] => Array
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                    [ArticleID] => 352794
                    [Title] => Manila Mining earmarks P200M for drilling program
                    [Summary] => 

Manila Mining Corp. has set aside P200 million for a drilling program aimed at determining the viability of resuming exploration activities on its mining site in Surigao del Norte.


Manila Mining said the program involves diamond and reverse circulation drillings on its properties and metallurgical testing.


Funding will come from its proposed stock rights offering, which is expected to generate P895 million. The shares to be issued to shareholders will come from the company’s increase in authorized capital stock from P1.2 billion to P1.8 billion.


                    [DatePublished] => 2006-08-14 00:00:00
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                    [Focus] => 0
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                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 350935
                    [Title] => Manila Mining eyes P895M from stock rights offer next month
                    [Summary] => Manila Mining Corp. plans to raise around P895 million from a stock rights offering to pay off debts and finance exploration projects.


In a disclosure to the Philippine Stock Exchange, Manila Mining said its board approved a stock rights offering to shareholders next month. 


The shares to be issued will come from the firm’s increase in authorized capital stock from P1.2 billion to P1.8 billion.


                    [DatePublished] => 2006-08-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 306944
                    [Title] => Canadian firm eyes mining site
                    [Summary] => Canadian firm East Asia Minerals Corp. has expressed interest in the development of Manila Mining’s Kalayaan mining site in Surigao del Norte.


East Asia Minerals is in addition to the other foreign companies that have signified their intention to enter into a joint venture with Manila Mining. The others include another Canadian company Ivanhoe Mines Ltd. and Anglo-American Plc.


Manila Mining expects to conclude an agreement with a foreign partner within the year.


The company’s operations remain suspended in the third quarter.


                    [DatePublished] => 2005-11-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
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abtest

Manila Mining hikes capital to P1.8B

By Zinnia B. Dela Peña | December 3, 2006 - 12:00am

Manila Mining Corp. has obtained the approval of the Securities and Exchange Commission to raise its capital from P1.2 billion to P1.8 billion, the company told the Philippine Stock Exchange. The capital...

Business

Manila Mining earmarks P200M for drilling program

August 14, 2006 - 12:00am

Manila Mining Corp. has set aside P200 million for a drilling program aimed at determining the viability of resuming exploration activities on its mining site in Surigao del Norte. Manila Mining said the program...

Business

Manila Mining eyes P895M from stock rights offer next month

By Zinnia B. Dela Peña | August 4, 2006 - 12:00am

Manila Mining Corp. plans to raise around P895 million from a stock rights offering to pay off debts and finance exploration projects. In a disclosure to the Philippine Stock Exchange, Manila Mining said its board...

Business

Canadian firm eyes mining site

By Zinnia B. Dela Peña | November 15, 2005 - 12:00am

Canadian firm East Asia Minerals Corp. has expressed interest in the development of Manila Mining’s Kalayaan mining site in Surigao del Norte. East Asia Minerals is in addition to the other foreign companies...

Business