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There are now 20 companies that are unable to comply with the PSE’s reporting requirements, up from just eight the day before.

Perhaps traders are just less willing to hold this bag now that the contextual environment around it has degraded in the interim.

Even if they do find something, there’s no guarantee that commodity prices will still be as sky-high as they are now.

Manila Mining Corporation is planning to raise up to P519 million from a planned stock rights offering to existing shareholders. In a disclosure to the Philippine Stock Exchange, the firm said it is planning to offer 51.92 billion shares consisting of 31.16 billion class A common shares and 20.76 b

‘Mining is not the enemy. Poverty is. The lack of the most basic necessities, the lack of opportunities, the lack of choices these pernicious deficits have plagued our people for far too long, in far too many places. Yet, the supreme irony is that, in the midst of all this poverty, lie one of the world’s richest natural resources, a gift of providence endowed to our people.’ — MVP