The Philippines will this week announce the suspension of more of the country's mines for violating environmental regulations, 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 and has so far suspended 10, eight of them producing nickel ore. The closures and the risk of more mines being shuttered lifted nickel prices to a one-year high last month.
Read more: More mine suspensions likely after audit ends