An assessment of progress and consultation with the relevant stakeholders was undertaken by the Steering Committee of the Department of Public Works and Highways (DPWH) for the implementation of Road Network Development Project in Conflict-Affected Areas in Mindanao (RNDP-CAAM) to enhance infrastructure project delivery in the Bangsamoro Autonomous Region...

The Department of Public Works and Highways (DPWH) is stepping-up efforts in its preparation of the civil works activities for Bataan-Cavite Interlink Bridge (BCIB) Project by discussing anticipated isssues and concerns with maritime agencies and other relevant stakeholders. DPWH Unified Project Management Office - Roads Management Cluster 2 (Multilate...

Weir, a global mining technology leader, has acquired SentianAI, a Swedish-based developer of AI solutions that optimise performance in minerals processing. With this acquisition, Weir is accelerating its technology roadmap and expanding its digital capability to provide enhanced productivity and sustainability offerings to customers. SentianAI, founde...

The Department of Environment and Natural Resources (DENR) is set to revise guidelines for the Social Development and Management Programs (SDMP) of mining firms in the Philippines to align these with Sustainable Development Goals (SDGs) and guarantee enduring benefits for host communities, extending beyond the life of the mining operations. According t...

The Department of Transportation (DOTr) is eyeing official development assistance (ODA) or public-private partnership (PPP) schemes to finance three big-ticket railway projects after it dropped China as a partner to bankroll the projects. Transportation Secretary Jaime Bautista said the South Long-Haul Project, Mindanao Railway Project, and Subic-Clark...

The country’s railway industry will be “revived” once the North-South Commuter Railway (NSCR) and the South Long Haul (SLH) flagship projects are completed, Transportation Secretary Jaime Bautista said Friday. During the 131st anniversary of the Philippine National Railways (PNR), Bautista said the two projects would elevate the country’s railway indus...

DMCI Mining Corp. is optimistic that its two new mine sites will start operations by the first half of 2024 and create additional employment in host areas.  DMCI Mining president Tulsi Das Reyes said the first mining site, located in its existing site in Zambales, will be operational in the first quarter of next year.  "Operations in the first quart...

Silangan Mindanao Mining Co., Inc., a wholly owned subsidiary of Philex Mining Corporation, signed a syndicated debt facility, led by BDO Capital and Investment Corporation, in simple ceremonies in Pasig City. Present during the signing of the Omnibus Loan and Security Agreement (OLSA) were the executives of the Company, led by its Chairman Manuel V. P...

Weir, a global mining technology leader, is delighted to partner with CEEC International (CEEC) to drive sustainable innovation and improve productivity in mining. In addition to renewing its support as a premium sponsor, Weir will participate in CEEC’s newly launched Global Water Initiative, a groundbreaking collaboration to drive action to ensure respon...

Listed natural resources development firm Nickel Asia Corp. (NAC) (PSE: NIKL) announced its unaudited financial and operating results for the nine-month period ended September 30, 2023. During the period, the Company recorded an attributable net income (net of minority interest) of P3.6 billion, down 47 percent from P6.9 billion year-on-year. This is o...

The consolidated gross revenues for the nine months of 2023 (ending September 30) of Apex Mining Co., Inc. and its subsidiaries reached P8.7 billion — 17% higher than the P7.5 billion it reported for the same period in 2022. The consolidated net income, however, was lower by 6% at P2.3 billion compared to P2.5 billion as of 30 September 2022. Its Q3 2023 ...

Philex Mining Corporation (PSE: PX) (the “Company” or “Philex”), one of the oldest and largest gold and copper producers in Southeast Asia, and a leader in right and principled mining, posted a core net income of Php163 million for 3Q2023, reporting a 9M2023 core net income of Php864 million. Core net income for 3Q2022 was at Php210 million while core net...

House Speaker Ferdinand Martin G. Romualdez on Thursday said the signing of two agreements on nuclear cooperation constitute a significant stride towards providing Filipinos with cheaper, cleaner and sustainable electricity. Romualdez made this remark as he witnessed the signing of a groundbreaking cooperative agreement between Meralco and Ultra Safe N...

An official of the National Commission on Indigenous Peoples (NCIP) on Wednesday said they are not opposed to mining projects and developments but only want to be consulted on all stages of a project. NCIP chairperson Jennifer Pia Sibug-Las, during the Community Relations (ComRel) Conference of the four-day Philippine Mine Safety and Environment Associ...

Last September 5, 2023, Australian Embassy in the Philippines Deputy Head of Missions, Dr Moya Collett, led a media briefing at the Australian Embassy to announce the launch of Australia’s Southeast Asia Economic Strategy to 2040. These strategies are intended to improve bilateral trade and investments with Southeast Asia. Australian Embassy’s First Secre...

In order pick up where everyone left off from the recent Mining Philippines 2023 last September, Philippine Mining and Exploration Association (PMEA) had a networking night last October 2, 2023 for the Monthly Membership Meeting. This enhanced the networking momentum from the previous mining event.

Governments and corporations around the world are taking serious steps in achieving the goal of net zero carbon emissions. During the keynote speech of former DENR Assistant Secretary, Mr Ricardo L. Calderon, he emphasized the connection between climate change, nature loss, and business. He also noted the role of forest conservation and restoration in ach...

For nearly half a century, Aboitiz Construction has been at the forefront of engineering excellence and innovation, contributing significantly to the growth of the Philippines. As the construction arm of the esteemed Aboitiz Group, the company has embarked on a transformative journey to support the Group's aspiration to be the country's first “techglomera...

After a three-year pause from face-to-face events due to the COVID-19 pandemic, this year, the Chamber of Mines of the Philippines (COMP) returned with the much-awaited mining event in the country -- The Mining Philippines 2023 International Conference and Exhibition. The event was held last Sept. 19-20, 2023 at the EDSA Shangri-La Hotel Manila. This year...

Meralco chairman Manuel V. Pangilinan said the 3,500 megawatts of direct current (MWdc) solar power farm project in Nueva Ecija of SP New Energy Corp. (SPNEC), over which a unit of Meralco will have the majority shares, will need PHP200 billion worth of investments. In Meralco’s press conference in Ortigas Monday, Pangilinan said the project will also ...

The Mines and Geosciences Bureau (MGB) recorded 4,963 jobs generated through the mining industry in Ilocos Region in 2022. In a virtual press conference on Monday, MGB Regional Office No. 1 Mine Management division chief Engr. Renato Rimando said the industry in the region is robust as it continues to provide jobs and create wealth in terms of payment ...

A study team composed of bridge construction experts from the Infrastructure Development Institute (IDI) Japan and the Department of Public Works and Highways (DPWH) is set to commence early stage assessment on the proposed long-span bridge projects that will connect the islands of Luzon, Visayas, and Mindanao. To discuss the study team’s itinerary, ID...

The Department of Public Works (DPWH) has entered a contract agreement with China Road and Bridge Corporation (CRBC) for the construction of Davao River Bridge also known as Bucana Bridge in Davao City. DPWH Secretary Manuel M. Bonoan has officially approved the ₱3.126 Billion civil works contract signed by DPWH Senior Undersecretary Emil K. Sadain and...

Global Ferronickel Holdings, Inc. reported financial results for the nine months of 2023 with consolidated revenues of ₱6.8 billion, operating income of ₱1.8 billion, net income attributable to shareholders of ₱1.5 billion, and earnings per share of ₱0.3021. Consolidated revenues rose 33.1% year-over-year to ₱6.8 billion due mainly to increased volumes...