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THE PHILIPPINE MINING VIRTUAL SUMMIT

by Philippine Resources - January 17, 2022

THE PHILIPPINE MINING VIRTUAL SUMMIT March 16 – 17, 2022 | 1PM – 5PM PhT via Zoom Meeting 

The Covid-19 pandemic has an immediate impact on the global economy that goes across all industries, that includes mining. While this is being contained, the current administration is assertive in reviving the country’s mining industry to help counter the economic devastation created by the coronavirus pandemic.

The mining industry plays a very important role in the country’s economic development. This involves operations that have a substantial impact on the environment that contributes to economic recovery, provide employment opportunities, projects that create additional revenues for the government and the country.

The Philippine Mining Virtual Summit will gather over 150 c-level executives coming from the country’s mining industry leaders, government authorities, policymakers, associations, investors, consultants, heavy equipment suppliers, and leading industry solutions providers gathering in this virtual platform to discuss industry and policy updates, trends, opportunities, latest technology solutions needed for the upcoming and future projects of the mining industry in the Philippines.


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Events

Philippine Resources - August 12, 2021

WOSAS Wired SECUCON- a FREE Webinar Series (Aug 18-20, 2021)

The World of Safety and Security Expo (WOSAS) is a platform to showcase the latest variety of products and services that play a crucial role in commercial or public safety and security.  This event is brought to you by Worldbex Services International, a leading event organizer in the country. WOSAS marks its milestone as it launches its very first online activity, WOSAS WIRED, on  August  18-20  2021.  This online activity will entirely focus on SECUCON, our very own webinar series, which aims to present timely and engaging topics to  our target audience through our social media assets.  This is our responsive take on the WOSAS SECUCON which has been a staple component of the on-ground expo through the years.  In this interactive and informative platform,  timely topics will be tackled by the following industry personages: WOSAS SECUCON 2021 August 18, 2021 (HEALTH AND WELLNESS) Dr. Anna Karmela O. So Vice President and Medical Director Head of Medical Services Department Cocolife Healthcare Topic: SAFE SPACE: Discover Ways to Protect your Holistic Health Mr. Richard Caballero Founder and CEO Healthy Mind Solutions (HMS) Topic: Pandemic Impact on FIlipino Health Mr. Michael Angelo R. Datuin Chairman & National President of the Campus Security & Safety Management Alliance of the Philippines Topic: The Changing Role of Security in this Pandemic August 19, 2021 (DISASTER MANAGEMENT) Dr. Francis Aldrine Uy Founder and President USHER Technologies Inc. Dean, School of Civil, Environmental and Geological Engineering of Mapua University Topic: USHERing a Safer and more Resilient World with Advanced Disaster Risk Reduction Technologies Mr. Agustiyanto Zheng and Mr. Michael Wong Dräger Singapore Pte. Ltd in partnership with Macrovista Topic: Smart and Safe Buildings August 20, 2021 (DATA SECURITY) Mr. Art Samaniego Tech Editor of Manila Bulletin, Google IT Support Specialist, & Cybersecurity Analyst Topic: Securing your Accounts: Cybersecurity Threats and Trends Atty. Joan Therese Medalla Attorney at the Enforcement Division of the National Privacy Commission Topic: Data Privacy in the Time of Digital Transformation WOSAS SECUCON Webinar registration here https://wosas.ph/wosas-wired-secucon-2021 E-certificates will be provided to participants after attending the webinar.  Interested parties may call Worldbex Services International at telephone 8656-9239 or email at inquire@worldbexevents.com. For more details, visit https://wosas.ph/

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Recent Articles

Mining

Philippine Resources - January 30, 2023

PHILEX MINING GEARS UP FOR EXPANSION, SIGNIFIES INTEREST IN MACAWIWILI

In photo at the signing of the term sheet between PMC and MGMDCI were: (seated, left to right) Felicisimo A. Feria, Jose Ma. S. Lopez, and Michael L. Escaler, all representing MGMDCI; Manuel V. Pangilinan, Philex Chairman; and Eulalio B. Austin Jr., Philex President and CEO; (standing, left to right) Atty. Katrina Janine Sta. Ana, Associate, Migallos & Luna Law Offices; Atty. Bryan George Manzano, Associate, Migallos & Luna Law Offices; Atty. Michelle Carisse Balois, Partner, Feria Tantoco Daos Law Offices; Atty. Daneia Isabelle Palad, Partner, Migallos & Luna Law Offices; Atty. Winston Cruz, Vice-President and General Counsel, Philex Mining Corporation; Romeo B. Bachoco, Senior Vice-President and Chief Finance Officer, Philex Mining Corporation; Atty. Marilyn A. Victorio-Aquino, Director, Philex Mining Corporation; Atty. Barbara Anne C. Migallos, Director and Corporate Secretary, Philex Mining Corporation and Partner, Migallos & Luna Law Offices; Atty. Raymond Francis Jamora, Associate, Feria Tantoco Daos Law Offices; and Atty. Michael John Tantoco, Jr., Associate, Feria Tantoco Daos Law Offices. (PMC photo) Philex Mining Corporation, one of the oldest and largest copper and gold producers in Southeast Asia, recently set into motion its plans for expansion with the signing of a Term Sheet with Macawiwili Gold Mining and Development Co., Inc. (“MGMDCI”) in simple ceremonies in Makati City. Macawiwili Gold Mining and Development Co., Inc. is a 90-year old company engaged in mineral exploration and production in Itogon, Benguet. With over 800 hectares of contract area under its Mineral Production Sharing Agreement, the Company has been exploring various mineral deposits, including gold and copper, for several decades. The Term Sheet outlines the parties’ clear intentions to explore commercial, financial, and technical avenues in preparation for possible shares acquisition by the Company in MGMDCI. Activities to kick off this partnership will include conduct of due diligence and scout drilling activities on the property of MGMDCI covered by Mineral Production Sharing Agreement (MPSA) in Itogon, Benguet Province., located adjacent to the existing Padcal Mine of the Company. Signing the Term Sheet on behalf of the Company were Manuel V. Pangilinan, Chairman, and Eulalio B. Austin Jr., President and CEO; while representing the shareholders of MGMDCI were Michael G. Escaler, Jose Ma. S. Lopez, and Felicisimo A. Feria. The signing was also witnessed by directors and officers of the Company as well as counsel for both parties. “Our interest to pursue investments in the Macawiwili property” according to Eulalio B. Austin, Jr., President and CEO, “is part of our business direction for this year to broaden interest in ‘green metals’ through mergers and acquisitions.” “We need to hit the ground with this at the soonest possible time,” Austin adds, “considering that this property is adjacent to our Padcal mine and would go a long way in fulfilling company plans for expansion and extension of the life-of-mine of Padcal. “This is a good addition or extension to the Padcal Mine,” according to Manuel V. Pangilinan, Philex Chairman. “I hope that this is the start of something good and that it would ride the wave of higher metal prices in gold and copper.” Pangilinan emphasized that “any addition, expansion, or extension to the Padcal Mine would greatly benefit not just our employees and their families, but also our host and neighboring communities, and our nation as a whole.”   Article courtesy of the Philippine Stock Exchange

Mining

Philippine Resources - January 30, 2023

DMCI Holdings, SMPC among best governed PLCs

Photo caption (left to right): SMPC Corporate Governance and Compliance Manager Joseph D. Susa, DMCI Holdings Board Advisor and SMPC Independent Director Honorio O. Reyes-Lao and SMPC SVP, Chief Risk, Compliance and Performance Officer Junalina S. Tabor. Diversified engineering conglomerate DMCI Holdings and its energy subsidiary Semirara Mining and Power Corporation (SMPC) were among the Philippine listed companies recognized for their corporate governance performance by the Institute of Corporate Directors (ICD). DMCI Holdings received the 2 Golden Arrow recognition while SMPC was awarded the 3 Golden Arrow recognition. Both have been ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow awardees since 2019. The awards were conferred after the two companies exhibited observable conformance with the Philippine Code of Corporate Governance and internationally recommended corporate governance practices as espoused by the ACGS. The ACGS measures the performance of the companies in the areas of facilitating the rights and the equitable treatment of shareholders, how they relate to their different stakeholders, ensuring transparency and accountability through timely disclosure of material information, and how the board guides the company strategically, monitors the management, and ensures the board’s accountability to the company and the shareholders. Over 80 Philippine listed companies were feted during the in-person awarding ceremony in Sheraton Manila Hotel last January 20.   Article courtesy of the Philippine Stock Exchange

Construction

Philippine Resources - January 30, 2023

DOTr to prevent more delays in PNR Clark Phase 2 project

Photo credit: DOTr The Department of Transportation (DOTr) will work closely with the contractor of the Philippine National Railways (PNR) Clark Phase 2 project to ensure that issues are addressed after its projected completion date was delayed by eight months. In a statement on Monday, the DOTr said the project, initially slated for completion in June 2024, has been delayed until June 2025 due to the delay in the turnover of the land to project contractor POSCO Engineering & Construction. “Before the 36-hectare site was turned over by the government to POSCO, several fruit-bearing trees were cut down, causing the delay,” it said. About 48 buildings and facilities are expected to be built by POSCO at the project site, meant to be the Clark Depot of the North-South Commuter Railway (NSCR). “As of December 31, 2022, more than 33% of the planned construction has been completed,” it said. In addition to buildings and facilities, the Clark Depot will have 33 stabling tracks to serve as the parking areas for the trains and 12 other tracks to access maintenance facilities. During a site visit at the project site, DOTr Secretary Jaime Bautista said the Clark Depot is where the operations control center will be located which will serve as the “heart of operations” of the rail service. “It is important that we complete this as planned and on time. I know that there are issues that need to be resolved. The DOTr will work closely with [the contractor], so we can fix problems and address issues,” Bautista said. The 53-kilometer PNR Clark Phase 2 is the second leg of the NSCR and will link multiple cities and municipalities in Central Luzon with Metro Manila. Funded by the Asian Development Bank, the project is seen to cut travel time between Malolos City in Bulacan province and Clark, Pampanga province from 1.5 hours to 30 minutes. This part of the NSCR also includes the Airport Railway Express Service that will connect Makati to the Clark International Airport through a 55-minute train ride.   Article courtesy of the Philippine News Agency

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