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Nadecor faction, mining partner take venture to next level

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A faction of Nationwide Development Corp. (Nadecor) and foreign partner St. Augustine Gold and Copper Ltd. Wednesday took to the next level their joint venture to develop the King-king deposit in Compostela Valley.

Posted: September 4th, 2013 in Headlines | Read More »

Aboitiz accepting donations for ‘Pablo’ victims

The Aboitiz Group, led by the Aboitiz Foundation, is now accepting donations for victims of supertyhoon ‘‘Pablo” which devastated parts of Mindanao last week.

Posted: December 13th, 2012 in Latest Business Stories | Read More »

‘Pablo’ farm damage at P11.23B; bananas hit hardest

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International Finance Corp. (IFC), the private sector funding arm of the World Bank, is working with partners to design new insurance products that aim to protect Filipino farmers against costly typhoon-related losses.  AP/BULLIT MARQUEZ

Damage to agriculture due to Typhoon “Pablo” has reached P11.23 billion as of Dec. 10, 2012, the Department of Agriculture (DA) reported Tuesday.

Posted: December 12th, 2012 in Latest Business Stories,Photos & Videos | Read More »

Storm-stricken banana farmers seek gov’t help

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SMALL banana growers in the Davao del Norte and Compostela Valley provinces are asking for government assistance after their farms were severely damaged in the wake of a supertyphoon.

Posted: December 8th, 2012 in Headlines | Read More »

Banana growers in Mindanao lose $318M

Cavendish bananas from Mindanao. INQUIRER FILE PHOTO

The Philippines, the world’s third largest exporter of bananas, lost a quarter of its crop in Typhoon “Pablo,” an industry group said Thursday, adding that it has also likely spread a destructive pest.

Posted: December 7th, 2012 in Latest Business Stories | Read More »

Compostela miners, execs back calls to cut gold tax

Officials and miners in Compostela Valley are supporting calls to reduce the tax rate on gold, saying the levy has hit small-scale miners hard.

Posted: November 13th, 2012 in Latest Business Stories | Read More »

Local farmers urged to increase cacao output

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Cacao pods. AFP/EVARISTO SA

Cacao farmers in Mindanao are being urged to increase production as rising demand for the commodity is expected to cause a worldwide shortage of about a million metric tons by the year 2020, according to the head of a local producers’ group here.

Posted: August 23rd, 2012 in Latest Business Stories,Photos & Videos | Read More »

Mines bureau ignores feasibility studies submitted by rival factions

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Mines and Geosciences Bureau

The Southern Mindanao regional office of the Mines and Geosciences Bureau said Thursday it was waiting for Nationwide Development Corp. (Nadecor) to get its act together and would not act on any of two feasibility studies submitted by rival factions within the company on the Kingking project in Pantukan, Compostela Valley.

Posted: June 14th, 2012 in Latest Business Stories,Uncategorized | Read More »

Mine safety group aids Pantukan rescue work, seeks better laws

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The Philippine Mine Safety and Environment Association (PMSEA) has activated its Safety Networking Action Program (SNAP) to rescue victims and retrieval bodies after receiving reports on the landslide in Pantukan, Compostela Valley, from the Mines and Geosciences Bureau.

Posted: January 5th, 2012 in Latest Business Stories | Read More »

High prices spur new gold rush on Mt. Diwata

As grime-covered men emerge from deep shafts on the “golden mountain,” Norie Palma eagerly prepares to haggle for her share of ore from the weary miners.

Posted: October 22nd, 2011 in Latest Business Stories | Read More »

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