A proposed mining bill that would raise tax from mining from 38 percent to 51 percent is lauded for encouraging responsible mining while raising government revenues. But it would dampen investor interest, who may put their money elsewhere. The bill has been approved by the Committee on Ways and Means.

Mining bill to raise tax to 51%

Nickel Asia Corp., owned by the political Zamora family, bought 33.05 million common shares for $25.94 million of Coral Bay Nickel Corp., which operates a high-pressure acid leach (HPAL) processing plant in Bataraza, Palawan.

NAC ups stake in Coral Bay Nickel Corp.

Except As Buntings? 

The law is fair, but are its enforcers fair?


No To Plastic 

Very seldom does a Filipino company buys into a foreign partner such as what Global Ferronickel Holdings Inc (FNI)., a wholly- owned Filipino company early this month when it bought 20 percent stake in Guangdong Century Tsingshian Nickel Industry Co. Ltd. (GCTN) from GHGC Holdings Ltd.

FNI buys 20% stake in Chinese ore processor

InFocus NAC ups stake in Coral Bay Nickel Corp.

Infocus FNI buys 20% stake in Chinese ore processor 2

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No To Plastic

NAC ups stake in Coral Bay Nickel Corp.

Mining bill to raise tax to 51%

FNI buys 20% stake in Chinese ore processor

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