Free Newsletters - Space - Defense - Environment - Energy - Solar - Nuclear
..
. Earth Science News .




TRADE WARS
Philippines seizes illegal China-bound ore
by Staff Writers
Manila (AFP) June 21, 2012


Philippine authorities said Thursday they had seized a huge amount of iron ore intended to be smuggled to China, as part of a long-running battle against illegal miners.

The 50,000 tonnes of iron ore, believed to be worth more than $2 million, were found stockpiled near a private wharf at a coastal mining town in the eastern province of Camarines Norte, mines bureau head Leo Jasareno said.

"A cargo ship was seen anchored at a distance, and it was believed to be waiting for the ore to be loaded when the raid happened," Jasareno told AFP.

"The shipment was supposed to go to China and they were clearly intending to smuggle it out."

Jasareno said the ore was extracted illegally because the mining companies involved did not have a mineral export permit, adding one was suspected to be a front for a Chinese firm.

Initial estimates by the bureau's experts placed the shipment's value at $50 per metric tonne, or $2.5 million, he added.

The Chamber of Mines of the Philippines last year warned of Chinese companies using Filipino fronts to take advantage of a law reserving small-scale mining for locals.

The seizure last week came four months after the government deported eight Chinese nationals caught working illegally for a mining firm. More than 100 other Chinese have been detained for similar offences over the past two years.

In 2010, a diplomatic row broke out between Manila and Beijing after police detained but eventually freed 80 Chinese found working illegally at a mine site on the main island of Luzon.

The Philippines is believed to have some of the biggest mineral reserves in the world. The government estimates the country has at least $840 billion in gold, copper, nickel, chromite, manganese, silver and iron.

But the mining industry remains relatively small because of laws that discourage investment and a very strong anti-mining lobby led partly by the influential Catholic Church.

.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





TRADE WARS
Trade protectionism stifling IT sector: study
Washington (AFP) June 20, 2012
Big emerging markets led by China are increasing protectionist measures in the tech sector, hurting one of the most dynamic parts of the global economy, a US industry study said Wednesday. The Business Software Alliance (BSA) report said the new trade barriers which discriminate against foreign information technology products and services are often disguised as measures to spur local innovat ... read more


TRADE WARS
Population displacement during disasters predicted using mobile data

Japan sorry for not using US radiation map

Nearly 15 million people displaced by disasters in 2011

Experts discuss better nuclear disaster communication

TRADE WARS
Samsung launches new phone in US, taking on Apple

China defends rare earths policy

Apple fined $2.29 mln over Australian '4G' iPad

Space is Big, But Getting Smaller

TRADE WARS
Study suggests expanded concept of 'urban watershed'

Oracle chief buys Hawaiian island

Nature inspires new submarine design

Arctic methane gas could spell trouble for Florida coastline

TRADE WARS
Paul McCartney, Penelope Cruz join 'Arctic sanctuary' drive

Arctic once had extreme warm periods: study

Spanish Scientist Participate in the Most Comprehensive Study Ever Done on Ice

Warm Climate - Cold Arctic?

TRADE WARS
Link between vitamin C and twins can increase seed production in crops

Over 30 years of global soil moisture observations for climate applications

Key part of plants' rapid response system revealed

Researchers search for viruses to save honeybees

TRADE WARS
Chris becomes season's first Atlantic hurricane

Thousands evacuated as storm strikes Taiwan

UN says Afghan quakes killed 75

One dead as powerful typhoon cuts across Japan

TRADE WARS
'I was shot for defying Kagame', says Rwanda's ex-army boss

Rwanda's ex-army boss testifies of betrayal in murder bid

Lions on the loose in Kenyan capital's urban jungle

US expanding secret spy bases in Africa: report

TRADE WARS
Google sets out to save dying languages

Adaptable decision making in the brain

The Rare Biosphere of the Human Body

Expanding waistlines threaten the planet: researchers




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement