News ReportsJune 27, 2006 3:06 pm

- Mr Geoff Davis, MD

Sydney, June 26, 2006

ACN Newswire - http://www.acnnewswire.net/press/en/32529/MEDUSA-MINING-LIMITED.html

MEDUSA MINING LIMITED (ASX: MML) - Exciting opportunities in the Philippines - Mr Geoff Davis, MD; Boardroomradio is pleased to announce that MEDUSA MINING LIMITED (ASX: MML) has published an audio file. The following presentation “Exciting opportunities in the Philippines” is now available as an instant audio download to your computer. You may also transfer this information to your listening device as an IPod podcast.

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Broadcast Title: Exciting opportunities in the Philippines

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About MEDUSA MINING LIMITED

Mining exploration

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June 26, 2006
Source: MEDUSA MINING LIMITED(ASX: MML)
Source: Boardroom Radio
From the Asia Corporate News Network
http://www.acnnewswire.net
Topic: Audio Webcast
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News Reports 3:03 pm

By Zinnia B. Dela Peña, The Philippine Star -
http://www.philstar.com/philstar/NEWS200606260709.htm

06/26/2006

Listed gold and copper producer Philex Mining Corp. is considering
listing a newly-spun off company, Brixton Energy & Mining Corp., to raise funds
for an aggressive exploration program.

During the company’s stockholders’ meeting Friday, Philex chairman and
chief executive officer Walter Brown said listing a smaller company would
have a greater impact.

Brown said the company is looking at listing the shares of Brixton
either on the second or third board of the Philippine Stock Exchange. Brixton is
now in charge of the Philex’s coal operating contract.

Philex, according to Brown, is considering all possible options to
generate the funds necessary for intensified mining and exploration activities
to take advantage of high metal prices. (more…)

News Reports 3:01 pm

TRADING SYMBOL: TORONTO & OSLO: CRU FRANKFURT: KNC OTC-BB-other: CRUGF
June 26, 2006

LONDON, United Kingdom - Crew Gold Corporation (”Crew” or the “Company”) (TSE & OSE: CRU; Frankfurt: KNC; OTC-BB- other: CRUGF.PK.

Agreement on new Gold property in Mindanao signed.

Crew is pleased to announce it has signed an option agreement with Plethora Mining Corporation of the Philippines to earn into the Tandic Gold Project in San Mariano Municipality, Compostela Valley Province in south eastern Mindanao, the Philippines. Under the terms of the agreement, Crew will acquire an option to earn an initial 50% of the property through expenditure of USD 1 million on exploration and development over a period not exceeding 5 years. Following the 50% earin-in, Crew can sole fund exploration, development and feasibility studies to earn up to 90% of the project.

The large concession area of approximately 10,500 ha is more than three times the area Crew and its associated partners hold in the Masara mine and represents a major growth potential for the Company in both gold and copper-gold. The area is largely uninhabited mountainous terrain is situated approximately 11 kms east northeast of Crew’s Masara mine operations and adjacent to the Amacan Copper mine of North Davao Mining Corporation.

Geologically the prospect is part of the Masara Mineral Province where rich mineralization of epithermal gold-silver veins and porphyry copper-gold deposits related to Miocene to Pleistocene magmatism occur along the Philippine Fault System. (more…)

News Reports 2:59 pm

http://www.mb.com.ph/MAIN2006062767877.html

By REY G. PANALIGAN

The Supreme Court (SC) yesterday affirmed the cancellation of all mining operations within the Agusan-Davao-Surigao Forest Reserve known as the Diwalwal Gold Rush Area and ruled that under the law, the government may, on its own, take over the mining operations or enter into an agreement with any qualified entity.

In a decision written by Justice Minita V. Chico Nazario, the SC reversed the Court of Appeals (CA) and ruled that the Exploration Permit No. 133 of Marcopper Mining Corp. (MCC) had long expired and, thus, the transfer of the permit to the firm’s subsidiary, Southeast Mindanao Gold Mining Corp. (SEM), was illegal.

But the SC affirmed the CA’s ruling that declared illegal the segregation of 729 hectares within the forest reserve as non-forest lands which were opened to small-scale mining operations in 1991 by then Natural Resources Secretary Fulgencio Factoran Jr. through Department Administrative Order No. 66 (DAO 66). (more…)

News Reports 2:57 pm

http://www.mb.com.ph/PROV2006062767861.html

Environment Secretary Angelo T. Reyes said yesterday that the country can get the most from its supply of rare tea rose marble by manufacturing them into finished products, instead of exporting them as raw materials.

Reyes made the statement following a visit last week to a 330-hectare site in Barangay Biak na Bato where tea rose marble had previously been quarried.

Even in its raw form, the beauty of the rare marble astounded Reyes during his inspection of the quarry site located in Doña Remedios Trinidad, Bulacan.

“The marble at Biak Na Bato is precious. I went there the other day, and I saw the export quality of the boulders which is really a rarity… that is in demand abroad,” he said.

The chief of the Department of the Environment and Natural Resources (DENR) said the Philippines can get better returns from the marble by having it processed by local industries.
The industries would generate badly needed jobs and taxes for the government, and spin off other economic activities in Bulacan and in other areas of the country, Reyes said. (more…)

News Reports 10:28 am

Transmitted by CNW Group on : June 21, 2006

TORONTO - A group of four community members from Kitchenuhmaykoosib Inninuwug who’ve walked over 2000 km since May 9, 2006 delivered a message to the Government of Ontario regarding ongoing mining disputes in their traditional territory during a news conference today at Queen’s Park.

“We want our children and grandchildren to continue to use the lands and resources to pursue their usual vocations of hunting, trapping, and fishing,” said Kitchenuhmaykoosib Inninuwug community member Mark T. Anderson who led the group of walkers from Pickle Lake to Toronto. “We want to protect the environment at the potential drilling/mining site plus the surrounding area which includes our Kitchenuhmaykoosib Lake.”

Despite a community declared moratorium on resource development since 1998 and Supreme Court of Canada rulings to consult and accommodate with First Nations prior to resource development, Platinex exploration company received permission from the Government of Ontario to start drilling on Kitchenuhmaykoosib Inninuwug traditional territory located 603 km north of Thunder Bay in February 2006. (more…)

News Reports 10:26 am

Jun. 20, 2006.

PETER GORRIE, ENVIRONMENT WRITER http://www.thestar.com/NASApp/cs/ContentServer?pagename=thestar/Layout/Article_Type1&c=Article&cid=1150753811270&call_pageid=968256289824&col=968342212737

KITCHENUYMAYKOOSIB INNINUWUG, Ont.–The bright green scar in the forest is a beacon to the pilot and six passengers crammed inside a Beaver floatplane as it carves a steep, low turn over Little Trout Lake. A clearing, perhaps the size of two suburban lots, has been cut out of what seems an endless expanse of virgin jack pine and black spruce. The plane lands and coasts to a sagging dock. The visitors, swatting mosquitoes and blackflies, venture into a junkyard of rusted tools, oil drums and nails; rickety tables and benches; lumps of pale blue foam and bits of plastic and lumber.

At weathering wooden racks, they finger a few of thousands of inch-thick rock cylinders, stacked in neat, numbered rows. These are cores — the product of tough days of deep drilling for evidence of minerals. Nearby, trails, marked with fluorescent orange ribbons, crisscross the soggy, moss-floored bush. This is a mining exploration camp — abandoned, at least temporarily. Nearly 600 kilometres north of Thunder Bay, it’s far beyond roads and was still chilly while the GTA sweated through a recent heat wave. It’s the unlikely centre of a legal battle that could change the way Ontario’s far north is developed.

Across this vast, little-visited region, a young generation of aboriginal people — unimpeded, they say, by the fears that hobble their elders — is challenging the way forests, minerals and hydro resources are exploited. In a far-off echo of the Caledonia dispute, nine scattered, impoverished First Nations have declared a development moratorium on lands they claim as traditional territories. On a lumbering aircraft like the Beaver, the scruffy camp is 20 minutes — across large, cold Big Trout Lake — from a First Nation called Kitchenuymaykoosib Inninuwug, or KI.

KI objected to what was going on at the camp. That led to the crucial court challenge. It begins Thursday in Thunder Bay. Under a 1929 treaty, KI was given a reserve of about 8,800 hectares. Six years ago, it claimed close to 51,000 more. The exploration camp is in that area. Nickel giant Inco Ltd. once worked here: It left behind the drill cores. Early this year, Inco sold its mining leases to an Aurora-based company called Platinex Inc. for $300,000 in cash and shares. Platinex hopes to discover platinum, a precious metal far more expensive than gold, that’s in hot demand for electronic gear and devices to cut emissions from cars. (more…)

News Reports 10:24 am

PIA Press Release - http://www.pia.gov.ph/news.asp?fi=p060616.htm&no=31

16 June 2006

Cebu — One of the priority activities of the Department of Environment and Natural Resources’ (DENR-7) 12-point agenda is to revitalize the mining industry in the country as part of the government’s economic reform agenda to create jobs and reduce poverty.

Under the localized version of the department’s 12-point agenda, the DENR-7 said it aims to revive the mining industry in the region by coordinating with potential investors for the reopening and rehabilitation of the Atlas Mining in Toledo City. Likewise, the agenda also seeks for the assessment and clean-up of priority abandoned or inactive mines in Naga, Cebu and Basay, Oriental Negros.

Revitalizing the mining industry in Cebu and the region under the localized DENR’s 12-point agenda will be elaborated more by Environment Sec. Angelo T. Reyes in a scheduled press conference as he visits Cebu on Saturday, June 16, 2006 for the launching of the Recyclables Collection Event.

The mining sector may now be open for foreign exploration and direct ownership under the Philippine Mining Act but government stressed it is sensitive to the balancing act of promoting responsible mining while caring for the environment at the same time. The DENR has now allowed Lafayette Mining Ltd. to conduct a 30-day test run of its facilities after a seven-month suspension of its operations due to illegal discharge of mine tailings. (more…)

News Reports 10:23 am

Postcourier

13 June 2006

THE giant Panguna mine will remain closed for as long as it takes and Bougainville will have find other means of reviving its economy.

This stern warning came from the people affected by the mine’s operations in the early 1970s to late 1980s. The people of Moroni, who live in the heart of the Panguna mine, were relocated when the mine started in 1972. They told Post-Courier last week at Moroni village in Panguna that there was no way the mine would re-open after witnessing what the mine had done to their natural environment.

They said they were not concerned about the landowner issue, but wanted the world to know what the mine had done to their environment, which at the moment, is a world wide issue.

When looking around, this reporter noticed that the second hand vegetation is starting to grow back after the place was deserted by mining activities.

The villagers said there are now signs of life returning to small creeks and waterways. “There is now evidence of eels

and river crabs coming back but sadly there is no fish yet.” The villagers in the vicinity of the mine have had a hard time making new gardens as most of their land was taken up by the mining operations.

The villagers said they had never benefited from the Panguna mine.

“The mine has generated more than K400 million annually and built most parts of Papua New Guinea but we the very people didn’t benefit in any way. We benefited on our own hard work.”

The villagers said they have learnt a good lesson and if the mine re-opens, others will benefit while they will continue to suffer.

News Reports 10:23 am

Science Matters by David Suzuki [one of the leading environmentalists in Canada - Science Matters is published weekly in newspapers across Canada.] - http://www.davidsuzuki.org/about_us/Dr_David_Suzuki/Article_Archives/weekly06160601.asp

June 16, 2006

>From metals to minerals, we all need natural resources brought up from the earth through mining. But mining can have a huge environmental impact, and some companies are giving the industry a bad name around the world - with Canadian firms being some of the biggest offenders.

Our federal government offers a variety of incentives, tax breaks and other types of assistance to Canadian mining companies working in other countries. These mining companies are often assumed to be abiding by international human rights and environmental standards that have been adopted by Canada.

But the reality is something quite different. Since the federal government has no mechanism to monitor or enforce these standards, they’re usually left up to the host country to enforce. However, most of these host countries are developing nations, which often lack the resources or the political desire to enforce standards against large corporations that provide their governments with much-needed revenue.

Last fall, the federal Standing Committee on Foreign Affairs and International Trade presented a report based on a number of hearings into the conduct of some Canadian mining companies overseas. It found that indeed, “mining activities in some developing countries have had adverse effects on local communities, especially where regulations governing the mining sector and its impact on the economic and social well-being of employees and local residents, as well as on the environment, are weak or non-existent, or where they are not enforced.”

The Committee made a series of recommendations to strengthen Canada’s commitment to environmental and human rights standards, including: ensuring that project financing and other services offered by the Canadian government abroad are contingent on companies meeting “clearly defined corporate social responsibility and human rights standards,” developing mechanisms for monitoring and investigating the actions of Canadian companies overseas, and ensuring clear legal accountability for their operations.

The Committee also singled out the Canadian mining company TVI Pacific Inc. in the Philippines as an example and noted that the Committee was “deeply concerned” about the possible impact the company was having on human rights in the local area. It recommended that the federal government conduct an investigation into the impact of the mining operation.

But no investigation was ever done. In fact, the federal government has effectively ignored all the Standing Committee’s recommendations and instead continues to promote a voluntary standards approach. Such voluntary initiatives are problematic because, in order to get consensus from all participants, they usually reflect the lowest common denominator. They also lack monitoring and enforcement measures. They have no teeth, so why would companies pay attention to them at the risk of reducing profits? (more…)