P10.4-B funds eyed to complete Tacloban Bypass Road extension
by Philippine Resources - May 18, 2023
Photo credit: Department of Public Works and Highways
At least PHP10.48 billion more is needed to fully complete the extension of the multi-year Tacloban Bypass Road project, the Department of Public Works and Highways (DPWH) said on Wednesday.
Of the funding requirement, PHP1.56 billion is needed in 2024 and PHP8.92 billion for 2025 onwards, DPWH 8 (Eastern Visayas) Director Edgar Tabacon said in an interview.
“As of end of February 2023, the project was 11.62 percent complete. We need more funds to finish the project within the term of President Ferdinand Marcos Jr.,” Tabacon told the Philippine News Agency (PNA).
From 2018 to 2023, the central government has spent PHP2.32 billion to build the 33-km. road that provides an alternative highway from this city to the proposed international port in nearby Babatngon town.
The allotment until 2023 allowed the opening and concreting of 1.64 km. of road.
The proposed funds starting in 2024, to be sourced from the national government for inclusion in the DPWH annual budget, will cover works for the remaining 31.34 km. of the highway.
The six-lane road is expected to decongest traffic along the Tacloban-Babatngon Road going to the city’s downtown, reducing travel time from 1.5 hours to only 45 minutes once completed.
It involves the construction of a concrete road, a drainage system, road slope protection, and three bridges.
The road is an extension of the PHP1.12 billion Tacloban Bypass Road completed in early 2022 after seven years of construction.
The 6.405-km. bypass road involved the opening of the road, including a four-lane and a six-lane roadway; construction of drainage; and slope protection structures. It starts in Nula-Tula village and ends in Caibaan village in this city. By Sarwell Meniano
Article courtesy of the Philippine News Agency
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Philippine Resources - July 16, 2021
Duterte Opens New Expressway in Central Luzon
Motorists will now be able to use the first 18-kilometer portion of the Central Luzon Link Expressway (CLLEX) from SCTEX/TPLEX connection in Tarlac City up to the intersection of Aliaga-Guimba Road in Aliaga, Nueva Ecija. President Rodrigo Duterte, Department of Public Works and Highways (DPWH) Secretary Mark Villar, Senator Bong Go, and Japanese Ambassador to the Philippines Kazuhiko Koshikawa led on Thursday the inauguration ceremony of the four lanes toll-free expressway project connecting the provinces of Tarlac and Nueva Ecija. The initial part of CLLEX that will be opened are the following sections covered by three contract packages: 4.10 kilometer Tarlac Section, 6.40 kilometer Rio Chico River Bridge Section including the 1.5 kilometer Rio Chico Viaduct, and Aliaga Section with up and down ramps at Guimba-Aliaga Road. This new highway project was implemented by DPWH Unified Project Management Office (UPMO) led by Undersecretary Emil Sadain and Project Director Benjamin Bautista of UPMO Roads Management Cluster 1 (Bilateral) who have worked double-time to deliver the completion of this project. CLLEX is among the key infrastructure projects with funding assistance from the Government of Japan thru the Japan International Cooperation Agency (JICA) in support of the Build, Build, Build program. The entire 30-kilometer expressway project is expected to shorten the usual travel time of 70 minutes between Tarlac City and Cabanatuan City to just 20 minutes. More than just scenic views experienced while you drive and visit the stunning places in Central Luzon, this new highway will help ensure the Philippines’ sustainability and development by addressing barriers in distance and mobility. The Build, Build, Build program continues to deliver its promise of creating infrastructure that improves the lives of Filipinos in the face of the Covid-19 pandemic and other challenges. While Build, Build, Build continued to make progress, it is also setting up the foundation in terms of infrastructure for the next generation.
Philippine Resources - July 16, 2021
Duterte: New Tarlac-Cabanatuan Expressway to Boost PH Economy
By Ruth Abbey Gita-Carlos
Philippine Resources - June 09, 2021
CLLEX up to Aliaga will open this July
Photo Credit: Department of Public Works and Highways Public Works and Highways Secretary Mark A. Villar expressed confidence that the Central Luzon Link Expressway (CLLEX) will be an efficient alternate route for the motoring public going to Nueva Ecija when it opens next month. Despite work slowdown due to the pandemic, the first 18-kilometer segment of CLLEX will be of service to motorists from SCTEX/TPLEX connection in Tarlac City up to the intersection of Aliaga-Guimba Road in Aliaga, Nueva Ecija this July 2021, declared Secretary Villar. Secretary Villar said that contract packages 1 and 2 covering Tarlac Section and Rio Chico River Bridge Section having a combined length of 10.5 kilometers are already completed while construction of 9.2 kilometers contract package 3 - Aliaga Section is 87 percent finished. Secretary Villar together with Undersecretary for Unified Project Management Office (UPMO) Operations Emil K. Sadain and Region 3 Director Roseller Tolentino personally checked on Tuesday, June 8, 2021 the project’s progress which already has an overall accomplishment of 94 percent, making sure that the road is built with quality construction materials and specifications. Construction of the ₱11.811 Billion road project funded by loan with Japan International Cooperation Agency is implemented by UPMO-Roads Management Cluster 1 headed by OIC Project Director Benjamin C. Bautista. In his report to Secretary Villar, Undersecretary Sadain said that the delivery of right of way (ROW) requirements are being fast-tracked, with the assistance of the Office of the Solicitor General (OSG) for expropriation complaints and other ROW-related cases. “We are hopeful that we will finally secure full site possession of the remaining required ROW to allow our construction activities to go on full throttle”, added Undersecretary Sadain. Expropriation proceedings with the appropriate court were initiated for properties whose owners were unable to grant the request to donate or accept price offer for negotiated sale within a given timeframe. More available ROW and favorable weather conditions will enable DPWH to catch up and finish the 10.3-kilometer Contract Package 4 - Cabanatuan Section which is now 88 percent completed. Meanwhile, the Zaragoza Interchange Section under Contract Package 5 is at 26 percent which involves construction of 113 meters Zaragoza Interchange Bridge, 4.88 kilometers access road, two (2) pre-stressed concrete deck girder bridge with a total length of 19.4 meters, five (5) reinforced concrete box culverts for equalizer and farm passage, and seven (7) irrigation canals. Once fully completed, the 30-kilometer CLLEX will shorten the usual travel time of 70 minutes between Tarlac City and Cabanatuan City to just 20 minutes. This new expressway will also form an important east-west link for the expressway network of Central Luzon to ensure a continuous seamless traffic flow for the motoring public from Metro Manila and vice versa passing thru NLEX, SCTEX/TPLEX. Article Courtesy of the Department of Public Works and Highways
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Philippine Resources - May 23, 2023
MEMORANDUM OF AGREEMENT SIGNED WITH TVI RESOURCE DEVELOPMENT (PHILS.) INC.
Photo credit: TVI Resource Development The Board of RTG Mining Inc. is pleased to announce that a comprehensive settlement of all outstanding issues with the Villar Family controlled Sage Capital and TVI Resource Development (Phils.) Inc. (“TVIRD”) has been reached and a binding Memorandum of Agreement signed. On execution of the final documents, expected in the next month, all litigation that RTG had launched will be withdrawn as part of an agreed restructuring of the Mabilo Project. The Villar Family is one of the most prominent families in the Philippines and RTG is pleased to partner with them in the development of the Mabilo Project, which is a significant mining project for the country. The key terms of the agreement for RTG include the following: RTG (through SRM Gold Limited) will retain a 40% interest in Mt. Labo Exploration and Development Corporation (“Mt. Labo”) with the project also developed by Mt. Labo, in line with Philippine regulatory requirements, with Sage Capital (which is owned by TVIRD) holding the remaining 60%; RTG will have a 2% net smelter royalty (“NSR”); RTG’s debt together with interest, currently in the order of US$27M (subject to audit) will be repaid out of the proceeds of Stage 1 of the project, the Direct Shipping Operation subject to customary requirements to address liquidity and ongoing operations of Mt. Labo; Funding arrangements for the project as between the major shareholders of Mt. Labo have been successfully renegotiated, (relieving RTG of a sole funding obligation) and replaced with a pro-rata funding obligation, together with a disproportionate funding obligation of Sage Capital, as set out below; With debt repayments in full and the NSR, RTG will be entitled to approximately 57% of the proceeds of Stage 1, the Direct Shipping Operation; RTG will be entitled to 40% of the operating cashflow of the project, together with the 2% NSR and repayment of its debt, which is currently in the order of US$27M; The first US$5M of expenditure for Mt. Labo (or 12 months of expenditure, whichever occurs the earlier), will be funded pro-rata between the two shareholders (ie RTG will provide 40%) and thereafter, Sage Capital/TVIRD will sole fund the next US$5M of expenditure, with all additional funding thereafter to be provided on a pro-rata basis; All parties are required to act in the best interests of the project and not compete; A shareholders’ agreement will be finalised which will provide typical minority interest protection clauses including reserve matters for voting including annual budgets and appointments of key personnel; Any disputes will be resolved by the Singapore International Arbitration Centre; and On completion of final signed documents, all litigation matters will be withdrawn and settled in full. With the restructuring of the Mabilo Project now agreed, over the balance of this year, the remaining permitting matters and financing plans will be finalised, a review of the 2016 Feasibility Study will be completed, together with finalising the acquisition of surface rights, following which, a commitment to development will be formalised by the Board of Mt. Labo. RTG is pleased with the outcome of the discussions and the co-operative and constructive approach adopted by the Villar Family representatives. RTG believes they can be a strong and positive partner to work with to take the Mabilo Project forward, with both a near term development and future exploration activities to expand the project, which will start to unlock the value of the project for all stakeholders, not only the local communities but for the country as a whole.
Philippine Resources - May 22, 2023
Mining Operational Excellence Through Digital Transformation
Part 1: Mining Operation Challenges and Mine Operations Management Domains 1 & 2. By Mae Ann Cabasag, EM Mining companies encounter numerous challenges throughout their operations. However, initiatives to mitigate these challenges and improve efficiency are often limited. Most of these limitations emanated from a common factor: the challenge of “poor visibility” in mining operations. A viable solution is to adopt digital transformation in mining operations by incorporating available real-time data into an integrated system— capable of ensuring automatic updates and reliable source of information. Through this, mining companies not only understand simulations and plans developed but also anticipate potential outcomes. Various mining industry analysts have found that using non-digital methods in the mining operations can lead to a 27% reduction in production time and 25% increase in data inaccuracy. For a mining company to remain competitive in an industry susceptible to operation challenges, i.e. production processes, workers’ and equipment performances, ore quality and quantity, compliance to regulations, and inter-departmental collaboration, it needs to embrace digital transformation. Dassault Systèmes Mine Operations Management provides transformative digital solution for mining companies to achieve excellence in their operations. Mine Operations Management (MOM) equips mining companies with an integrated system for their mining operations, enabling them to achieve efficient plan and schedule. This system integrates entire operation data into a single repository source of information, known as the “single source of truth”, ensuring complete transparency of the company’s processes from mine to port. By leveraging MOM, we can address the following global mining industry challenges: Maintaining competitiveness amidst market volatility. Eliminating waste materials, poor communication, and error duplication. Improving site productivity and efficiency. Utilizing assets and sharing best practices across the value chain. Ensuring an utmost level of safety. Reducing environmental impacts and achieving sustainable operations. The transformative digital solution, Mine Operations Management, is composed of eight work packages, split across four domains, namely: Data Management, Material Reconciliation, Operational Control, and Assets Performance. These domains help generate valuable insights from integrated operational data for rapid and informed strategic decision-making. The Data Management consists of Master Data Model and Integration Framework packages essential for material tracking, stockpile management, task and workforce management, machine performance, and asset maintenance. It enables users to manage master data objects such as Site, Material, Location, Equipment, and Operator through manual data entry or third-party source systems. With this, mining companies can ensure efficient and integrated management of critical data required for seamless operations. Material Reconciliation, on the other hand, consists of Material Tracking and Stockpile Management packages. Material Tracking enables us to track material movements across different stages, i.e. from the least accurate grade estimated in geological model to the most precise information on shipped material quantity and quality, to account for any inaccuracies. While in the Stockpile Management, users not only can calculate daily stockpile balance, add Survey or Sampling data, analyze inventory levels and trends, create graphical representation of the stockpile balances and movements, calibrate stockpile using volumetric survey and sampling, enables comparison of different models, track movement genealogy and review stockpile slices for stockpiles with LIFO and FIFO calculation type but can create a different type of analysis such as actual vs plan vs model. In the upcoming article, we will explore the two remaining domains of Mine Operations Management to where assigning operational tasks, tracking compliance to plan, monitoring equipment down to workers’ performance are feasible in the mining operations. To know more about MOM, mining innovations and solutions, contact Dassault Systèmes Value Solutions Partner: Paramina Earth Technologies Inc. through email@example.com References: Make it happen for mine execution excellence: Dassault Systèmes®. MEGATrends. (n.d.). https://events.3ds.com/make-it-happen-for-mine-execution-excellence Dassault Systèmes. (2021, August 12). Digging deeper: The virtual solution for Mining Operational Excellence. Dassault Systèmes. https://discover.3ds.com/virtual-mining-operational excellence dassault3ds. (2022, June 16). The mining industry needs to adapt, but how? Dassault Systèmes blog. https://blog.3ds.com/brands/delmia/the-mining-industry-needs-to-adapt-but-how/
Philippine Resources - May 22, 2023
Customer’s First Choice: Sandvik Philippines Delivers 11th and 12th Pantera DP1500i Drills to Filminera Resources Corporation
Sandvik Philippines has successfully commissioned and delivered to loyal customer Filminera Resources Corporation (“Filminera”) their 11th and 12th Pantera DP1500i Top-hammer Surface Drills last 25 January 2023 at the Masbate Gold Project (MGP) located in Masbate Island, Philippines. Photo shows Sandvik Technician Larry Lugnas (second from left) and Service Operations Manager Jorge Cabello (third from left) handing over the drills to MGP representatives. Located 360 km southeast of Manila, the Masbate Mine is operated by Filminera, the Philippine subsidiary of TSX- and NYSE-listed B2Gold with headquarters in Vancouver. In 2022, the mine produced a record-setting 212,728 oz of gold out of 7.93M tonnes of ore milled at an average grade of 1.11 g/t. B2Gold also operates the Fekola Mine in Mali and the Otjikoto Mine in Namibia. Their projects under development include the Anaconda Area in Mali and the Gramalote JV Project in Colombia. The Masbate Mine started operating in 2008 initially using 4 x Atlas Copco ECM660 Drills owned and operated by the erstwhile mining contractor, Leighton. When the opportunity for re-fleeting came about in 2012, Sandvik succeeded in winning the tender which came packaged with a full maintenance contract for 24,000 service meter hours of five years. Ironically, the said maintenance contract almost led to the cancellation of the order for the first 4 x DP1500i due to a dispute with the rates. Eventually, both Leighton and Sandvik were able to arrive at a mutually acceptable arrangement, and Sandvik ran the service contract for five years without incurring penalties in the availability guarantees. The contract was so profitable, Sandvik even had to share some of the residual profit at the end with Filminera under the pain-and-gain proviso of the contract. The next re-fleeting opportunity came in 2017, with the Masbate Mine. This time, there was no service contract attached to the equipment and Leighton was no longer the mining contractor; the mine has shifted to owner-miner operation. Sandvik managed to secure the repeat order for another batch of 4x DP1500i, banking on the proven performance and reliability of the first four. That brings the total to 8 units. Drill numbers 9 and 10 were ordered in July 2020 and delivered in 2021. Numbers 11 and 12 in the photo above were ordered in January 2022 and are now handed over to the customer. Filminera ordered two more DP1500i’s in November 2022; these machines are now awaiting completion in Tampere, for delivery later this year. That should bring the total to 14 x DP1500i units spread over 11 years for our most loyal Pantera DP1500i customer in the Philippines – Filminera Resources Corporation!
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