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MRC Allied Industries Inc. is planning to raise around P720 million through a rights issue next month or January 2012 to fund the development of a gold processing plant in San Miguel, Surigao del Sur.
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SULTAN KUDARAT AND DAVAO

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MRC Allied Industries Inc. is planning to raise around P720 million through a rights issue next month or January 2012 to fund the development of a gold processing plant in San Miguel, Surigao del Sur.
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abtest

MRC Allied sells 60% stake in Surigao Mines

By Zinnia B. Dela Peña | October 7, 2012 - 12:00am

MRC Allied Industries Inc. is selling a 60-percent stake in MRC Surigao Mines, the holding company for its gold mining prospects, for P105 million.

Business

MRC Allied approves P720 M stock rights offering

By Zinnia B. Dela Peña | February 24, 2012 - 12:00am

MRC Allied Industries Inc. has approved a 1:1 stock rights offering to raise around P720 million.

Business

MRC Allied to raise P720M via right issue

By Zinnia B. Dela Peña | November 21, 2011 - 12:00am

MRC Allied Industries Inc. is planning to raise around P720 million through a rights issue next month or January 2012 to fund the development of a gold processing plant in San Miguel, Surigao del Sur.

Business

MRC Allied to put up P800-M gold processing plant in Surigao

By Zinnia B. Dela Peña | November 18, 2011 - 12:00am

MRC Allied Inc. is putting up a gold processing plant in a 20,000-hectare property in San Miguel, Surigao Del Sur worth around P800 million, according to the company’s top executive.

Business

MRC Allied eyes listing of subsidiary in Germany

By Zinnia B. Dela Peña | November 3, 2011 - 12:00am

Property-to-mining firm MRC Allied Inc., together with an Australian holding firm, is looking to list a subsidiary on the Frankfurt Stock Exchange, a major bourse in Germany.

Business

MRC Allied bags deal to acquire mining project in Surigao del Sur

By Zinnia B. Dela Peña | August 29, 2011 - 12:00am

MRC Allied Inc. further beefed up its mining portfolio with a new deal that would allow it to take over a 2,059-hectare gold and copper mining project in Surigao del Sur.

Business

Mine firm welcomes hearing on Environment Code

January 14, 2011 - 12:00am

Sagittarius Mines Inc. (SMI) has welcomed the special hearing conducted by the environment committee of the South Cotabato Sangguniang Panlalawigan on the province’s Environment Code which bans the use of open...

Nation

Military denies involvement in slaying of militant leader

By Ramil Bajo | March 11, 2009 - 4:01pm

KORONADAL CITY, Philippines -- The military today denied involvement in the slaying of a party-list group leader here, saying it not their policy to hit leaders of the militant organizations.

Soldiers gun down 4 alleged NPAs

November 16, 2007 - 12:00am

Nation