Worldbex Services International Announces Postponement of WORLDBEX and MIAS 2020
by Philippine Resources - March 10, 2020
In response to the government declaring a state of public health emergency throughout the entire Philippines; alongside the recommendations of the Department of Health regarding the imposition of Social Distancing Measures in the National Capital Region, which prohibits mass gatherings and events due to concerns related to COVID-19, Worldbex Services International (WSI) announces its decision to postpone WORLDBEX and MIAS 2020.
Worldbex Services International, amidst shows that are set to be held on March 18 to 22, 2020 (25th WORLDBEX) and April 2 to 5, 2020 (16th MIAS), has made this difficult decision after close and careful consultation with its partners and the health authorities in charge, in whom it has full trust for their expertise and recommendations for the benefit of exhibitors, collaborators, and visitors. Following the recent prohibition on mass public gatherings, with direct implications for the trade shows, WSI had no other option than to make this decision.
Jill Aithnie Ang, Managing Director of Worldbex Services International stated: “We are deeply saddened to have made the decision to postpone this year’s WORLDBEX and MIAS. Indeed, both of the shows have come to be such instrumental platforms for the local industry to grow and expand their networks across a wide range of trade opportunities. Moreover, this predicament is made all the more challenging in consideration of all the possibilities explored and plans aligned after significant time spent in dialogue with collaborators over the course of the past few months. All this progress is further attested by the impressive number of returning exhibitors and newcomers who were all eager to take part of this journey. As expected, we have been observing promising growth across all sectors in both the construction and design trade as well as in automotive and motoring.
Joseph Ang, Founder of Worldbex Services International expressed: “In the past few weeks, I have witnessed the grit and tenacity of all who have been involved in the preparations for our two shows – WORLDBEX and MIAS. From our partners and customers to our stakeholders and very own teams, everyone has tirelessly worked to seek out the most ideal solutions to safeguard the wellbeing of the industries and its subsequent communities. It is in these moments that I am truly convinced of the value of communication and collaboration in conjuring innovative and strategic approaches to address the many issues at hand. At this point, I would like to extend my sincerest gratitude to everyone for their hard work, faith, and commitment to our vision.”
In the midst of all this, WSI is putting the health and safety of all attendees, exhibitors, and its employees at the top priority. With the development of the current threat and challenges, the organizer will be on top of this situation and continue working towards realizing its prodigious aspirations for the local trade industries.
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Philippine Resources - November 05, 2019
New ‘Coal in Asia’ segment to be launched at the 6th Mining Investment Asia Conference in Singapore
Mining Investment Asia (https://www.mininginvestmentasia.com/), South East Asia’s largest mining conference and exhibition showcasing South East Asia’s mining sector to an international audience of investors and various mining stakeholders, is scheduled to return to Singapore from 17 - 19 March 2020. For this 6th edition, a brand new full day segment entitled ‘Coal in Asia’ will be launched on 17 March to complement the event’s current focus on mining financing, technology and gender diversity. Why Coal in Asia? Coal is a dominant fuel in the rapidly growing economies of South East Asia even amidst a global move towards clean energy. Within the Asian region, India, China and Indonesia play major roles both as consumers and producers of coal. Hence, ‘Coal in Asia’ seeks to focus on what lies ahead for coal in the region and the key drivers for transformation. Major national and private coal mining companies are confirming their participation, with key stakeholders such as Indonesia Coal Mining Association (APBI-ICMA) already supporting this event. Latest speakers Speakers who have come onboard to be a part of Mining Investment Asia 2020 include: Robin Lee, CEO & Founder, Hello Gold (Malaysia) (First time speaker at this event) Raymond Liu, Founding Partner, Havelock Mining Investment (China) (First time speaker at this event) Thao Dh Ngo, Group Executive Chairman, First Indochina Group (Vietnam) Edward Gustely, Managing Director, Penida Capital (Indonesia) Michel Labrousse, Managing Partner, Mazarin Capital (Hong Kong)Hendra Sinadia, Executive Director, Indonesia Coal Mining Association (Indonesia) Cindy Teoh, Associate Editor - Investments, Golden Equator Capital (Singapore) Thomas Puppendahl, Chief Investment Officer, Chancery Asset Management (Singapore) Jayant Bhandari, Mining and Institutional Investor Expert, Anarcho Capital Inc (Canada) Over the past 5 years, the high quality of the speakers assembled at this event has provided insightful regional and international perspectives, leading to Mining Investment Asia being recognised as the leading event in the region for global companies and individuals who wish to understand what makes South East Asia mining industry tick and to meet the key players in this region. Testimonials from past participants Feedback from past attendees have consistently highlighted both the high quality of the speakers and the attendees. In addition, what makes Mining Investment Asia special to them include: Great networking opportunities High level discussions Opportunity to understand and meet the relevant decision makers from the South East Asia mining industry. Constance Tan, Principal Consultant, Alvito Capital Holding (Singapore) opined that ‘When I speak to other delegates here, they agree that it has been a useful forum for them to ask questions and meet like-minded people in the same industry over meals and networking drinks. Overall Mining Investment Asia is a formal yet informal event with plenty of interaction for future collaboration’. Charmaine Olea Capili, Executive Director, Philippine Nickel Mining Association said that ‘It is a big leap for us coming here as an Association as it is the first we are coming out here in South East Asia. We are very excited as it is an opportunity for us to share globally what we have done in our country and our best practices’. Dato Aminudin Hashim, CEO of Menteri Besar Inc, a government body tasked to drive growth in the Malaysian state of Perak, highlighted that ‘Mining Investment Asia is a great event. A good event depends not only on the content but the quality of the attendees. I got to meet many senior players in the industry, from the mining, policy and the financing industry. It is a great meeting of minds from the mining sector here in Singapore’. Spaces are still available for sponsors, exhibitors and delegates who wish to be a part of Mining Investment Asia. Enquiries can be sent to Jarred via email at firstname.lastname@example.org or phone at +65 6717 6017. More information can be found at the event website: https://www.mininginvestmentasia.com/ Background on Spire Events Spire Events is a Singapore based events company specialising in mining & energy conferences and expos. Mining Investment Asia is part of the global Mining Investment Conference Series that spans across various locations in Asia, Africa, Europe, Latin and North America and the Middle East. Spire Events also organises the MiningTech Conference Series which focuses on technology in mining and they are held in Chile, South Africa and Brazil. Besides conferences, Spire Events also organises large scale mining and energy expos in Africa, namely Mauritania, DRC, Sierra Leone and Botswana. The full calendar of events can be found at www.spire-events.com
Philippine Resources - October 09, 2019
Usec. Bayani H. Agabin and Mark Cojuangco at the PMC Luncheon | 25th October 2019
Usec. Bayani H. Agabin and Mark Cojuangco at the PMC Luncheon | 25th October 2019Come and join the 200+ attendees!Mr. Bayani H. Agabin is currently the Undersecretary of the Department of Finace of the Republic of the Philippines. He is also the Focal Person and Chair of PH-EITI.Topic:“Forging New Frontiers” Fifth PH-EITI Report (Philippine | Extractive Industries Transparency Initiative)Mr. Mark O. Cojuangco served as the Representative of the 5th Congressional District Of the Province of Pangasinan from 2001 to 2010. He focused on infrastructure projects, believing that quality and not just the quantity of projects, are the catalyst for economic development.During his incumbency as a Member of the Lower House of Congress, he was elected Senior Vice-Chairman of the House Committee on Appropriations, a position he held for six consecutive years.Topic: Assessing the Viability of Nuclear Power in the Philippines: Opportunities, Challenges and IssuesTime: Registration starts - 11:00AM | Program starts - 12:15 noon sharp | Ends - Approx. 2:30-3:00PMDate: Friday | 25th October 2019 Venue: I'M Hotel | 5F Narra Ballroom | corner Makati Ave. and Kalayaan ave. (Plenty of basement parking)Attire: Smart CasualCost: Php 1,800 pre-paid before the event | Php 2,000 at the door | Php 1,600 Diwata members (inclusive of Lunch and Refreshments) *** Bookings not cancelled 3 business days before the event will be billed at full cost ***
Philippine Resources - March 08, 2020
9th Annual PMEA Golf Tournament unfolds March 13
9th Annual PMEA Golf Tournament unfolds March 13.The Philippine Mining and Exploration Association (PMEA) will stage its 9th Annual Golf Tournament on March 13 at the Orchard Golf and Country Club in Dasmariñas City, Cavite.Listing is ongoing with entry fee pegged at P3,900, inclusive of a Nike golf shirt, green fee, shared golf cart use, meals, and raffle entry.On-course registration will begin at 6 a.m. followed by the shotgun tee off at 8 a.m.For registration and sponsorship inquiries, email email@example.com or call 09209522084.
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Philippine Resources - June 10, 2023
DMCI Mining Targets 1.5 Million WMT Nickel Ore Shipment in 2023
Photo Credit: dmcihouse.net DMCI Mining Corporation is targeting to ship 1.5 million wet metric tons (WMT) of nickel ore in 2023, after its subsidiary Zambales Diversified Metals Corporation (ZDMC) was granted an Environmental Compliance Certificate (ECC) in January to produce 2 million WMT of nickel ore. Prior to the ECC issuance, ZDMC was only allowed to extract 1 million WMT. “We have the necessary facilities and mitigating measures to minimize the impact of our operations on the environment. With these in place, we’re targeting to produce anywhere between 1.7 million to 2 million tons of nickel ore this year,” said DMCI Mining president Tulsi Das C. Reyes. From January to March, ZDMC nickel ore production soared by 88 percent from 318,000 WMT to 599,000 WMT, its highest-ever quarterly output. This led to a 16-percent improvement in total inventory, from 154,000 WMT to 178,000 WMT. However, total shipment declined by 21 percent from 620,000 WMT to 487,000 WMT owing to the depletion of the BNC mine and stockpile, cushioned by the double-digit growth of ZDMC shipment. Average selling price increased by 11 percent from USD44 to USD49 owing to higher Zambales shipments of higher-grade nickel ore. Despite the mine and stockpile depletion of Berong, DMCI Mining standalone revenues narrowly declined (-8%) from P1.4 billion to P1.3 billion due to better selling prices while reported net income contracted by 15 percent from P543 million to P463 million.
Philippine Resources - June 10, 2023
DMCI Power to build wind facility in Semirara Island
Leading off-grid electricity generator DMCI Power Corporation (DPC) is set to build a wind power plant in Semirara Island, home of the biggest coal reserve in the Philippines. DPC intends to finalize the wind power capacity in the coming months, with projections ranging from 8 to 12 MW, and operational implementation expected within 12 to 15 months. The project will be funded and undertaken independently by the company. “We are also looking at solar energy to augment the supply in the island, but we are prioritizing wind resource development because it has shown the most promise,” said DPC president Antonino E. Gatdula, Jr. “Current studies suggest that wind power could potentially deliver a 33% plant utilization rate, compared to just 17% for solar. Capital expenditure per megawatt for both wind and solar projects are also roughly the same,” he explained. In a 2001 wind resource study conducted by the National Renewable Energy Laboratory (NREL), a United States Department of Energy (DOE) laboratory, it was found that Semirara Island has some of the best wind resources in the Philippines. The wind corridors between Luzon and Panay (including Semirara Islands and extending to the Cuyo Islands) were found to have good-to-excellent wind power density and speed for utility-scale or village power applications. DPC is in the process of validating these wind resource estimates to determine the final location and capacity of its wind project.
Philippine Resources - June 05, 2023
Semirara Mining and Power Corporation eyes Japanese market expansion
Photo credit: Bilyonaryo Integrated energy company Semirara Mining and Power Corporation (SMPC) is set to make its second trial shipment to Japan this June, in a bid to reduce its dependency on the Chinese market. The company will export 50,000 metric tons (MT) of Semirara coal to Shikoku Electric Power Corporation for its 700-megawatt coal fired ultra-supercritical power station. “China is still our main foreign buyer but with their industrial output growing slower than expected, we want to develop other Asian markets like Japan,” said SMPC president and COO Maria Cristina C. Gotianun. From January to March, Semirara coal shipments to China plunged by 50 percent from 2.2 million MT to 1.1 million MT, accounting for 72 percent of exports. South Korea was a steady market at 300,000 MT, representing one-fifth of export sales. The rest of the exports went to Japan (5%) and Brunei (3%). SMPC first made a trial shipment to Japan in January 2023, selling 78,410 MT of mid-grade coal to J-Power, a utility company that operates coal, hydroelectric, wind and geothermal power stations. “For 2023, we are targeting to export around 30 percent of our full-year sales target of 15 to 16 million MT,” added Gotianun. In the first quarter, standalone coal revenues sank by 40 percent from P25.7 billion to P15.5 billion mainly due to high base effect of record production, shipments and selling prices. Standalone reported net income slumped by 51 percent from P14.2 billion to P7 billion on topline weakness and slower decline in cash costs.
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