Philippines to suspend more mines as environmental review ends

By Manolo Serapio Jr MANILA (Reuters) - The Philippines will suspend more of the country's mines for violating environmental regulations after already halting operations at 10 sites, the mining minister said on Monday, as the government wrapped up a seven-week review. The Southeast Asian nation, the world's top nickel ore supplier, launched a review of the country's 40 metallic mines on July 8. Eight of the 10 suspended so far produced nickel ore, and the closures and the risk of more mines being shuttered lifted nickel prices to a one-year high last month.