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PARAMINA: Nailing projects ‘because nobody wants a screw-up’
by Philippine Resources - November 06, 2019
PARAMINA Earth Technologies, Inc., is a service provider related to mine technical services, technological mining solutions in the minerals and civil construction industries including mine and tunnel designs, operations, project management, technical consultancy and most importantly in conducting training on mining software. It is manned by expert, experienced and motivated technical men and women with varied experiences in their own fields of exploit in the mineral and civil construction industries and in the use and training of mining softwares.
PARAMINA is a duly registered corporation with the Philippines Securities and Exchange Commission [SEC], the Department of Trade & Industry [DTI], the Department of Labor and Employment [DOLE] and is also accredited by the Department of Environment and Natural Resources and the Mines and Geo-Sciences Bureau [DENR-MGB], the Philippine Contractors Accreditation Board [PCAB] and the Technical Education and Skills Development Authority [TESDA].
PARAMINA is a pioneer in the mining contracting services in the domestic market having a manpower pool of skilled workers including but not limited to mine underground and surface mining equipment operators, Engineers, Geologists, Metallurgists and Project Managers and Supervisors related to mine development and production operations, such as but not limited to long hole drilling and draw-point loading, tunneling, quarrying, drilling and blasting, muck handling, bulk handling, slope stabilization, equipment servicing, spare parts supply and equipment maintenance, mine and mill consulting, distribution of mining software applications, training and value solutions who can be deployed to any domestic or international project within short time notices. Paramina has for the past twenty years also rebuilt various types of surface, mine underground and tunneling equipment like to hydraulic jumbo drill rigs; LHDs (low profile loaders), LPTs (low profile trucks); shotcrete and grouting equipment and utility vehicles and trucks.
PARAMINA Solutions also offer a wide variety of mining software training courses for beginners, intermediate and advanced users of the GEOVIA software. Courses are available on both a scheduled and request basis and can be tailored to suit the Geovia software purchased. Site Geovia software training may also be arranged at the mining sites using actual data.
Want to increase mine productivity? In Partnership with Dassault Systèmes, Paramina provides the natural resources industries in the Philippines access to the latest software applications and technologies. When mining companies seek to increase mine productivity, they turn to mining software GEOVIA for technology and services. The Company is home to world-renowned mining solutions like GEMS, SURPAC, Minex, Whittle and InSite and to industry thought leaders who are pushing the boundaries of what is possible in mining. Paramina through Geovia, delivers with a great deal of efficiency and accuracy the ease on the use of powerful 3D graphics and workflow automation best to aid the work of Geologists, Surveyors, Civil and Mining Engineers.
Why take training from Paramina? As the technical consultant of the Geovia software, Paramina can recommend time-saving workflows and provide latest innovations to be able to unleash the full potential of the software. Paramina offers a training path which allows adding new software skills as the operational requirements increase and grow. Globally, Dassault Systèmes has mining professionals with knowledge in local language, cultural understanding and expertise encompassing modelling, design, scheduling, data management, automated workflows, system configuration, and points in between.
PARAMINA EARTH TECHNOLOGIES, INC., is now over twenty three (23) years since it pioneered surface and mine underground contract mining in the Philippines and which later expanded to tunneling and ground and slope stabilization in civil construction. In the past years, Paramina had mining contracts with almost all major mining companies in the Philippines. It also started new underground gold mines in Papua New Guinea, Vietnam and in Indonesia. Since 2009, Paramina has had mine technical services contract with Teknomin Construction Limited a major contractor of Hindustan Zinc Limited, the biggest supplier of zinc ore in the world. It also was part among the contractors who constructed the new Hongkong Chek Lap Kok airport as the drill and blast sub-contractor.
As Engineers, Paramina’s Technical Consultants are available to support every geology, engineering and operation’s needs. Paramina’ Engineers also provide knowledge, techniques and tools to increase mine productivity. The Paramina Engineers’ expertise goes beyond mine modelling, design, optimization, scheduling, data management, automated workflows, system configuration and all points in between.
To help increase productivity, Paramina’s professional Technical Consultants work with the mine’s own technical team to lend operational assistance in the short to medium to long term basis. They can also assist the mine in their grade control, planning, blast design and mine management reporting. Finally, the Technical Consultants ensure that the mine’s systems will be functioning at their optimal level of performance. PARAMINA can automate and document workflows and may centralize and manage data more effectively.
As Contractors, Paramina is a Team of individuals having strong technical orientation and expertise in project management and execution of contracts as proven by its successful mine start-up and through to mine production and has already established a name in managing medium to large scale projects both local and abroad in its 23-years of existence.
PARAMINA recognizes the importance of its people in the organization. It believes that its employees and staff are the prime resources and partners not only in the successful and profitable business venture but also for its contribution to the development of nation building in the form of employment.
Philippine Resources - December 14, 2020
Gold BCR (GBCR): Blockchain Technologies with Junior Mining Companies
Gold BCR (GBCR): Building an empire of enduring wealth based on innovative blockchain technologies with junior mining companies. In this new era, modern science and innovation technologies are changing rapidly every day. Innovative new disruptive technologies ideas in mining are now meeting together with blockchain. These new disruptive technologies such as blockchain, Internet of Things (IoT), artificial intelligence, new online retail, big data, social media, sharing economy, financial technology, convenience applications have all begun to come in succession, bringing a trend of dynastic change. Driven by innovation these new economic development models have shaped the way we are living life today which has been dominated by the internet industry. Every time a disruptive technology emerges, there will be markets that will shake as the change occurs and new economic models will supersede old economic models. As the saying goes "the fittest shall survive". No matter big, small and medium-sized enterprises, they must stay innovative and face the harsh test of economic changes and adapt, and only then "survive and thrive."The great inventor, Thomas Edison once said: “science needs imagination, and innovation is the key to invention.” Planes and high-speed trains have realized the exaggerated imagination of our ancestors that “a thousand miles will be travelled to and fro in one day". The invention of video communication that seems like travel through time and space, so that people can be” as close as neighbours” even if they are thousands of miles apart. In this modern era, if we can combine centuries-old traditional industries with science and technology, and add innovative ideas, everything may become a reality.Gold BCR - (GBCR) is the world's first blockchain mining project to be backed by real gold from mining companies in Australia and is looking for other miners who may be interested in collaborating in PNG and the Philippines. For More Information, go online to www.goldbcr.io
Philippine Resources - February 28, 2019
Hinatuan Mining Corporation (NAC-HMC) turns over Soft-shell Crab Project
Nickel Asia Corporation - Hinatuan Mining Corporation (NAC-HMC), represented by ComRel Manager Antonio B. Resuera Jr., has turned over soft-shell crab project to three (3) indigent families of its host community last November 27, 2018. The project location is at Looc, Sitio Bagong Silang, Barangay Talavera, Tagana-an, Surigao del Norte. Beneficiaries of the said project are Rosita G. Sandico, Cristine C. Baguinaon and Arnulfo C. Copag Sr. They were selected as beneficiaries of the project based on the Local Socio-Economic Profile conducted earlier as part of the commitment of NAC-HMC to contribute to a brighter future for its people and its communities. The beneficiaries are also not part of any People’s Organization (POs) in the host community. Rosita G. Sandico and Cristine C. Baguinaon reside in Looc, Sitio Bagong Silang while Arnulfo C. Copag Sr. lives at Brgy. Talavera.“Nagpasalamat kami sa amoa nadawat na proyekto gikan sa livelihood program sa NAC-HMC. Daku namo na kalipay ug kinasing-kasing namo nga pagadawaton kining proyekto nga soft-shell crab project”, (we are thankful for receiving this project from the livelihood program of NAC-HMC. We are very happy and are wholeheartedly accepting the soft-shell crab project awarded to us) said Rosita G. Sandico.She further added that, “daku kini na katabang alang kanamo, ilabi na sa among panginabuhian, ilabi na sa akoa na senior citizen na man. Nalipay kaau ko kay isa ako sa nakadawat ani na proyekto. Amo gajud kani ampingan ug palambuan aron aduna kami mapanginuhaan alang sa among panginabuhi. Sa maka usab, daghan salamat sa inyo tabang kanamo NAC-HMC” (This is a big help to us, especially on our livelihood, especially to me who is already a senior citizen. I am very happy to be selected as one of the project recipients. In return, we will try our best to take care and develop the project in order for it to be sustainable and become a steady source of income for our livelihood. Once again, I am very thankful for the help you have given us NAC-HMC).Representative of Host and Neighboring Communities (RHNC) Chairwoman and Brgy. Talavera Councilor Eulita C. Borja who was also present during the turn-over ceremony reminded the project recipients to not take for granted the project provided by NAC-HMC, saying that, “to the project recipients, please take care of the project provided by NAC-HMC as it will be helpful to your livelihood.”She was also thankful to NAC-HMC for the support it provided the residents of the host community particularly in livelihood, “Thank you for the help and for the care you have shown to the residents by helping them with livelihood projects such as this, thank you NAC-HMC for the support.”Additional supplies for the care and maintenance of the soft-shell crab project were also provided by NAC-HMC to project beneficiaries to help ensure the success and sustainability of the project. As part of the commitment of NAC-HMC to assist its host community, technical experts from the City Agriculturists Office (CAGRO) of Tagum City were also tapped for the project’s implementation. They were also the ones who helped in establishing the soft-shell and crab fattening pilot projects in the mine site of NAC-HMC.
Philippine Resources - September 06, 2019
GHD opens new office in the Philippines
Gracing the opening of GHD’s third office in the Philippines are Darren Shrives, General Manager – Philippines, Steven Robinson, AO, Australian Ambassador to the Philippines, and Ian Fraser, General Manager – Asia Pacific.“As we head towards 75 years of formal diplomatic ties, we continue to strengthen the deep and broad connections between Australia and the Philippines,” Steven said. The new office is located in Quezon City, a rapidly growing business hub located north of the Philippine capital, Metro Manila.Darren shares, “Quezon City is home to many of our key clients in the Philippines, so our proximity to them helps us collaborate better. Aside from this, our new office forges our commitment to provide a better and more accessible workplace to our staff.”GHD’s local teams worked on the biophilic design of the new office. It is has approximately 120 working stations, four meeting rooms, and several collaboration areas. Aside from encouraging staff to interact freely within the area, the overall design of the new office has an "outdoor" feel, as evident in the textures/elements of its interiors.
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Philippine Resources - May 07, 2021
Semirara Mining Expects Profit Recovery This Year
Semirara Mining and Power Corp. (SMPC), a publicly traded integrated energy firm, expect some profit recovery this year, owing to improved coal and power demand and costs. SMPC chairman and CEO Isidro Consunji said at the company's virtual stockholders' meeting that the company's bottom line will boost as the coal and energy markets rebound from last year's historic lows. “To take advantage of the upswing, we will capitalize on our COVID-19 resiliency and adaptation strategy of focusing on our people, finances, and execution skills. However, given our operational headwinds and until our country reaches herd immunity, it is unlikely that we will return to our pre-pandemic profit level this year,” he said. The business ended in 2020 with a combined net income of P3.3 billion, down 66% from P9.6 billion the previous year. Revenues dropped 36.2 per cent to P23.3 billion as coal production, sales, and prices fell, while energy sales fell due to low power rates and Southwest Luzon Power Generation Corp's (SLPGC) expected and unplanned outages. The coal division of SMPC and the SLPGC plants will be the key drivers of development this year. With remedial steps introduced in Molave North Block 7 (NB7), the coal industry is expected to reach 13 million metric tons, according to SMPC president and COO Maria Cristina Gotianun. “This year, we expect our coal business to perform better on the back of recovering consumption and prices. The remedial measures we have been implementing since December have also allowed us to steadily normalize production. Now that the water seepage at NB7 has gone down to manageable levels, we expect annual production to hit 13 million metric tons,” she said. Due to excessive water seepages, SMPC postponed mining operations in Molave NB7 in early December, reducing coal output by 13% to 13.2 million metric tons. SLPGC is expected to drive profits in SMPC's power market due to higher sales, but Sem-Calaca Power Corp. (SCPC) is expected to produce poor performance. SCPC is the owner of the Calaca coal-fired power plant in Batangas, which it bought from the government in 2009 for $362 million. In the same location, SLPGC operates a 2x150-MW coal power plant. “For this year, we expect uneven results from our power subsidiaries. SLPGC is set to stage a strong profit recovery because of higher plant availability and better spot market prices. Unfortunately, SCPC is likely to deliver disappointing results because of the forced outage of its Unit 2 beginning Dec. 3 last year,” Gotianun said. SCPC's outage was triggered by a seven-month-old generator stator failing. Repairs are currently being negotiated with generator provider GE, according to Gotianun. “While they have agreed to cover the majority of the costs related to fixing the equipment, we are intent on making them shoulder all the necessary expenses. We expect to complete our negotiations within the year,” she said. “In the meantime, we are doing our best to fast track the repair of the generator. If all goes well, Unit 2 can be up and running by the third quarter of this year,” Gotianun said. This year, SMPC will invest P4 billion to rebound from last year's slump. The overall sum will be divided between SCPC and SLPGC for their prevention and repair services, with P2.9 billion going to buy mining and service equipment for the coal industry. Since the COVID-19 pandemic placed a burden on the company's liquidity last year, the management agreed to delay P3.7 billion of CAPEX to this year as part of its cash saving steps.
Philippine Resources - May 07, 2021
Australian Mining Firms Show Interest in the Philippines
According to Australia's Ambassador to the Philippines, Steven Robinson, several Australian mining firms have shown interest in mining in the Philippines, and the recent lifting of a nine-year ban on new mining ventures has paved the way for the possibility of responsible and world-class mining. Robinson said that mining if conducted safely and in accordance with international standards, could help the Philippines recover from the effects of the pandemic's economic impact. “The miners that we already have here—Orica [Philippines], OceanaGold, Red 5 [group], a number of them—are already thinking about what the future holds for them as a result of that ban being lifted,” he said in a virtual briefing on Monday. “They have started to reach out to us just in recent times to express interest in mining across the Philippines. I think that is a very positive step for the Philippines and good for Australian miners here,” he added, when asked to comment on the lifting of the ban. Malacanang recently released Executive Order No. 130, effectively lifting the nine-year ban on new mining deals. The order reversed a clause of then-President Benigno Aquino III's Executive Order No. 79, which was issued in 2012. The EO included a clause prohibiting the issuance of new mining licenses or mining output sharing arrangements unless a new revenue-sharing scheme was established. President Rodrigo Duterte said that the mining tax scheme included in the Tax Reform for Acceleration and Inclusion (TRAIN) Act had already met the EO's requirements. The TRAIN Act increased the excise on minerals, mining goods, and quarry services from 2% to 4%, lowering personal income taxes while increasing consumption taxes. Duterte previously stated that the country had only used about 5% of its natural wealth. According to the Australian ambassador, this demonstrated that there was something that could be achieved in the world to assist in its economic recovery. “The Philippines is a natural resource-rich country, and there’s much that could be done here that will really benefit the Philippines’ recovery, and Australian firms know that,” Robinson said.
Philippine Resources - May 07, 2021
AC Energy Focuses on 12GW of Renewable Energy Projects
AC Energy (ACEN) is operating on approximately 12 gigawatts (GW) of renewable energy (RE) projects, more than double its goal of five GW for 2025, as it strives to become Southeast Asia's largest listed RE network. At COL Financial's briefing, ACEN President and CEO Eric Francia said the 12GW of projects placed the Ayala-led company in a fantastic position to achieve its long-term goals. Solar and wind platforms will make up the majority of the projects it plans to begin in 2021. With 5,200 megawatts (MW), Australia leads the way, followed by the Philippines with 3,400MW, Vietnam with 2,400MW, and India and other Asia-Pacific countries with 900MW. 1,000MW of the 12GW projects in the pipeline are expected to reach financial close in the next six to twelve months, bringing the company more than halfway to its target. By the end of the year, ACEN hopes to obtain regulatory clearance for the influx of foreign funds. The Ayala Group's power arm is maintaining a follow-on offering (FOO) until Friday, with shares priced at Php6.50 per share. “We are grateful for the continued support of our regulators and for the overwhelming response we received from the institutional investors during the book-building process. The exceptional investor support reinforces AC Energy’s position as the region’s leading renewables platform,” Francia said in a statement disclosed to the Philippine Stock Exchange. The FOO is part of a five-step effort by the company to generate Php30 billion for clean energy programs this year. “The FOO completes the company’s successful fundraising efforts this year and allows it to play a meaningful role in the green-led recovery,” Francia added.