Philippine Resources - June 28, 2022
Ritchie Bros’ Iron Planet Japan National Auction
Connecting buyers and sellers of used construction and industrial assets, Ritchie Bros. (NYSE and TSX: RBA) is a the leading global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets in numerous industries including construction, transportation, agriculture, energy, oil and gas, mining, and forestry. For Filipino’s “Japan Used” is a brand name. Thousands of units of quality used equipment are imported every year into the Philippines and are used by Philippine contractors, miners, transport companies, etc. to efficiently run their operations. With more than 25 years’ experience conducting auctions in Japan, Ritchie Bros is the professional source for quality used equipment in Japan. Ritchie Bros utilizes its online only auction platform, www.ironplanet.com, to allow the sale of equipment from all over Japan to be sold at one time. Ritchie Bros conducts four Iron Planet Japan National Online Auctions a year. By using Ritchie Bros’ Iron Planet online auction platform, Pinoy buyers can buy directly from the source, thus, saving costs. Additionally, Pinoy buyers can utilize Ritchie Bros’ Iron Planet inspection reports of each machine, prior to bidding. These are industry leading reports that provide potential buyers with extensive detailed information, along with dozens of photos. We also can recommend logistics companies who can assist you with load out and delivery of the machines to the Philippines. Ritchie Bros makes everything easy, giving you the confidence to bid and purchase. For more information about how to participate in either a Ritchie Bros Live Unreserved Auction (www.rbauction.com) or a Ritchie Bros Online Only Auction (www.ironplanet.com), feel free to reach out to Ritchie Bros’ Philippine representative, Chris Edwards who is based in Manila, Philippines at email@example.com or +63 917 149 8545
Philippine Resources - June 28, 2022
The Transformative Way to Reduce Risk in Resource Estimation
By: Grace Y. Tanchee The importance of a mineral resource estimate for the long-term viability of a mine cannot be understated. Being a core basis of a mine’s feasibility study and evolving mine plans, a well-made and continuously updated resource model is essential to any mine looking to ensure profitability and sustainability. Strategizing based on an erroneous estimate can have disastrous results for a mine. As such, resource estimations must always be properly executed and well understood by the geologists, mine planners, and all other stakeholders. THE CHALLENGE Being crucial, resource geologists are expected to ensure that the resource estimates are accurate and compliant with standards. Geologists are also expected to update the model as new information becomes known. Time to complete and share is crucial here as updated models are used to refine the mine plan and avoid losses caused by outdated models. There are challenges to contend with that can be the source of errors through-out each step of the estimation process, which in turn can reduce the accuracy of a resource estimate. For example, the source data could be insufficient or contain errors. Garbage in is garbage out. Improper tools and lack of information can also hamper the validation of data and thorough investigation, leading to a poor understanding of the deposit. This can affect the domaining model build, selection of the estimation method and parameters. Decentralized data and a lack of recording also heightens the risk of using incorrect data, and makes it difficult to trace and audit during the review process. Difficulties in coordinating can also increase the time crunch. THE IMPROVEMENTS NEEDED There are ways by we can minimize the risk of committing errors and help ensure that the resource estimate is as accurate as possible. One is by having proper and centralized data management. Just being able to store the data in one place is insufficient; data management should also include a means to record changes made to the data and why, and any important notes about the data. This will help provide context and auditability through-out the process, and help with future changes. Next, the resource geologist must be able to visualize the data and have the tools for analysis and estimation. 3D Software with geology modelling tools can greatly help the geologist make sense of the data and render the model in a faster more efficient way. Clear and traceable workflows can also be used to monitor and manage the process from start to finish, check that work is done based on best practices, and make sure that all stakeholders are fully informed and updated. Being structured, the flow of data and information between various stakeholders at each stage of the process can be made efficient. All these can be enhanced via collaboration, facilitating knowledge sharing, feedback from fellow team members and consultants, and a collective understanding of the estimate. THE SOLUTION An effective way to conduct these improvements is through taking advantage of technological solutions to facilitate the changes needed. In line with this, Dassault Systemes (DS) has developed the Strategic Resource Modelling (SRM) solution. Through a combination of DS GEOVIA Surpac software and the 3DExperience platform, SRM is a comprehensive solution that links and manages processes, information, people, and tools under a single collaborative platform. Built to cover the many aspects affecting the resource estimation process, SRM is used to: Organize and manage geoscience data, ensure a single source of truth Build a unified view and understanding of the model Easily collaborate within and between teams View in 3D and share solid models via a browser, allowing for analysis anywhere anytime as long as connected Validate input data and generate consistent and robust resource models Enact based on project management principles and best practices Improve process efficiency, consistency, and time savings through workflows Utilize dashboarding and reporting capabilities to support strategic decision making Strategic Resource Modelling Sample Interface Resource estimation is the basis of multi-million investment decisions and subsequent mine plans that can make or break a mining company. If you want to know more how the DS Strategic Resource Modelling Solution can help ensure that reliable resource estimates are made, contact DS Philippine partner Paramina Earth Technologies Inc via firstname.lastname@example.org or reach us through www.paramina.com.
Philippine Resources - June 28, 2022
New Monster - LiuGong Ballasted Boom with Ripper Excavator
From loading to hauling, LiuGong has the machines and the know-how you want on your mining site. Our solutions take into account payload, distance, and other data to maximize efficiency and reduce operating costs for your site. Tested in the extreme of environments and weather our complete line of machines is guaranteed to maintain high productivity wherever you are. We know time is money. Our dedicated team for maintenance and support are ready to work with you to minimize maintenance and stoppage time, maximizing return for your investments. With TNT limitation used in Mining Job site, also the expensive cost. LiuGong bring the new monster Ballasted boom with ripper Excavator: CLG952EHD Operating Weight 60.1T CLG970E Operating Weight 85.3T CLG990F Operating Weight 105T Installed with a Cummins engine, and Kawasaki Hyd. System, not only stable but offer large break force. Together with help of heavy operation weight, easily break the mining material whose hardness was under 45Mpa. Average productivity was almost 4- 6 times higher compared with standard breaker. Simple and stable structure bring the lower usage cost around 5—15 Peso/m3 depending on the physical material hardness, construction plan, operator skills.
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Philippine Resources - June 28, 2022
HMC Turns-over Stainless School Marker to Adopted Schools
Hinatuan Mining Corporation, a subsidiary of Nickel Asia Corp. (NAC), turns-over stainless school marker to Talavera National High School (TNHS) and Talavera Elementary School (TES) during the ceremonial turn-over of the items to the two adopted schools. TNHS and TES are two of the seven adopted schools of HMC in its host communities. In attendance during the ceremonial turn-over were: TNHS faculty and parents headed by Renato L. Suacillo, Head Teacher II; Talavera Elementary School faculty and parents led by Judith P. Monadi, Principal I; and Hon. Reden G. Plaza, Talavera Barangay Captain. Antonio B. Resuera, Jr., ComRel Manager, represented NAC-HMC during the program. “We are indeed very grateful to NAC-HMC for continuously and untiringly supporting our school endeavors. Thank you for constantly hearing our voices and concerns. It is with great honor and happiness to accept this project. Rest assured that we at TNHS would take of this beautiful gift given to us which serves as a symbol of the good connection and relationship between responsible mining and the education sector,” said Mr. Suacillo. “Thank you so much for adopting TNHS. The untiring support and effort of HMC to all our school endeavors have greatly contributed to our school's success”, he also added. Principal Monadi is also as grateful, “My heart is overwhelmed with so much joy seeing all of our stakeholders. With a grateful heart, we at TES, heartily accept this one of a kind donation. We are happy every time we see an employee from HMC since they are our number one partners in terms of educational endeavors, followed by our barangay local government.” “This project was chosen among all others because we want to put a spark on our hearts. When we pass by this project, we readily notice it and it reminds us that we have partners and we're not alone in this endeavor, we always have the support of HMC. This project represents how strong our partnership is”, she added. Hon. Plaza is thankful not only to the support provided by HMC to the education sector but to his barangay as well, “I am thankful for the support provided by HMC to TES and TNHS, I am also grateful to the assistance HMC has provided us during the pandemic and relief efforts after Typhoon Odette.” “I also commend the teachers of elementary and high school for providing quality education. Your efforts are not wasted in helping mold and educate our community's children. I am very much thankful to you. I have two kids who are academic scholars in Surigao universities with your help. Both of them are graduates of both TES and TNHS. Their scholarship saves us money; their tuition is discounted, helping me provide for both of them at the same time. I'm very proud of them. May God bless and help you as you have helped my family. The barangay local government of Talavera is always willing to help”, added Hon. Plaza. Marichin R. Albino, General Parents Teachers Association (GPTA) president of TES, also expressed her gratitude to HMC, the local barangay and the teachers of TNHS and TES, “I am very much thankful to HMC for their unwavering support to our school and our community. As a parent and officer of the GPTA in TES, thank you very much. Our school is able to reach greater heights with your support. Thank you also to our barangay local government for helping our school and for always being supportive. Thank you also to the teachers for their efforts in teaching the students and helping them become better. Thank you very much”. Sally Helme, GPTA Vice President of TNHS, also had the same sentiment, “Thank you HMC for all the support you have provided to our school, I hope that you will never waver in your support.” TNHS and TES are the first schools in the entire District of Tagana-an to have stainless school marker.
Philippine Resources - June 28, 2022
GRAYMONT HYDRATED LIME AND QUICKLIME - ESSENTIAL FOR MINING
Photo credit: Graymont Graymont is a global leader in lime and limestone solutions. Professionally managed and family owned, the company has been in operation for over 70 years. Graymont aims to be the preferred supplier, employer, and partner of choice wherever we operate. Our products are essential in addressing today’s most pressing environmental issues while supporting vital industrial processes and agricultural needs. Uses for our products include the purification of air and water, the production of items essential to a modern economy such as steel, paper, and minerals. Graymont serves markets throughout Asia-Pacific including Philippines, Malaysia, Australia and New Zealand. Graymont is headquartered in Vancouver Canada and is also the strategic partner of Mexican-based Grupo Calidra, the largest lime producer in Latin America. PRODUCT QUALITY Graymont manufactures high-calcium quicklime and hydrated lime made from limestone deposits containing high available lime and low impurities. Graymont lime is suitable for most common mining applications including; pH adjustment, coagulation and thickening, flotation and hydrometallurgical processes, gas desulphurization, pyrometallurgical processes, tailings discharge management, slurry paste manufacture and soil drying. EXPERTISE IN MINING Graymont has expertise in working with mining customers to solve problems and develop solutions. Our trained and experienced staff have technical skills in addressing challenges raised by customers. They are available to work with customers to help determine the proper products to best meet specific needs. Upon request, Graymont can assist customers to inspect material-handling facilities to help customers to operate in an efficient and economic manner. SERVICE AND ATTENTION TO DETAIL Our customers are at the heart of what we do. Graymont have a dedicated sales and service team who can assist customers with service and supply. Our attention to detail is what sets us apart from other suppliers and we pride ourselves on being the supply partner of choice for our customers. Need a reliable Hydrated Lime and Quicklime supplier? For further information see our advertisement or contact our Manila office at +63 2 7587 1250, toll-free number 1800818881, or send us a message on customersupportSEA@graymont.com.
Philippine Resources - June 28, 2022
Epiroc’s new Boomer S10 S gives major leap in cost efficiency and productivity of mine development
Quality and extreme accuracy equal serious cost savings. Being the world’s first automated one-boom jumbo for the small segment, Epiroc’s new Boomer S10 S pushes the boundaries of what to expect from a face drilling rig. The Boomer S10 S provides near surgical precision in drilling and major cost savings throughout the cycle – all thanks to being the world’s first one-boom jumbo featuring Epiroc’s Rig Control System. The consistent, repeatable, and quality-assured results are made possible by advanced automation, operator-assisting features, and digital drill plans. “With Boomer S10 S as our latest addition, we are proud to offer a sustainable automated operation for the small segment, with a complete range of automated rigs for face drilling, production drilling and rock reinforcement underground”, said Sarah Hoffman, VP Sales & Marketing at Epiroc’s Underground division. Quality means major cost savings New Boomer S10 S doesn’t compromise on quality – ever. And in this case, great quality means cost savings in terms of wear and tear of rock drilling tools, spare parts, and other consumables. Compared to traditional, non-automated one-boom jumbos, Boomer S10 S decreases the consumption of consumable parts with 30 %1 while lowering maintenance costs by 12 %. The great value of automation Thanks to the digital drill plans and Epiroc’s Rig Control System the drill rig is perfectly aligned in the drift to optimize accuracy, providing less overbreak and underbreak, and longer pull rounds. “The Rig Control System provides drilling accuracy way beyond what human eye measure could ever accomplish. It is high-quality production from start to finish, and a great milestone reached for mine development”, said Niklas Berggren, Global product manager face drilling equipment at Epiroc. When applying the High Performance Development method – a way of working during the entire drill cycle –Boomer S10 S offers up to 25 % more development meters3 compared to traditional one-boom jumbos. The total cycle time is reduced thanks to better pull-length, fragmentation, and less need for scaling. “It’s a snowball effect on productivity: accurate drilling holes means less explosives, less scaling and better tunnel profiles. In turn, a better tunnel profile means less rock reinforcement and less tear on all the machines in the drift. All this leads to significant cost reductions while increasing productivity and safety for everyone involved”, Niklas Berggren explains. Taking operator ergonomics to new heights Designed for great ergonomics with lower vibration and sound levels (<75 dbA), the Boomer S10 S is a pure joy to use for the operator. Apart from offering better visibility and a multi-functional joystick, Boomer S10 S grants higher comfort and a significant reduction of live work. Epiroc’s Rig Control System Epiroc’s Rig Control System, RCS, was first implemented in 1998. The system is used for controlling several vital functions in Epiroc’s machines. It is also an enabler for several productivity-increasing, efficiency-boosting and cost-saving automation features. Visit the Boomer S10 S website to learn more: https://www.epiroc.com/en-ph/products/drill-rigs/face-drill-rigs/boomer-s10-s
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Philippine Resources - June 28, 2022
Vulco® mill lining system doubles wear life and increases output by up to 44% at James Hardie Philippines
Photo: Vulco® R63 mill liners installed in the JHP ball mill processing silica Weir Minerals has developed a custom-engineered mill lining system with Vulco® R63 rubber liners for James Hardie Philippines (JHP), a regional manufacturing hub of the global leader in fibre cement production, James Hardie™. Due to a substantial increase in demand for their product and in order to increase overall throughput of the site, JHP wanted to increase the output of their ball mill which was processing a mixture of coarse and fine silica. The incumbent rubber mill liners were only lasting between six and nine months and contributed to a 25% drop in output after just six months in operation. Weir Minerals mill lining specialists, renowned for their expertise in mill lining systems and wear materials, conducted extensive testing and modelling scenarios to evaluate how optimisation of the ball mill charge volume and trajectories would result in an increased mill throughput. Using state-of-the-art simulation technology and drawing on decades of expert knowledge, Weir Minerals specialists designed a customised mill lining system with Vulco® R63 rubber mill liners. The custom-engineered shell liner design ensured correct lifter face-angle to facilitate optimum performance while also increasing the service life of the Vulco® mill liners. To complete the ball mill overhaul, Weir Minerals experts also recommended to increase the charge height, significantly improving the grinding process. Exceptional wear life and results The custom-designed solution resulted in increased production and increased mill availability at JHP. The Vulco® R63 mill liners improved wear life by up to 200%, from six to 18 months, more than halving the reline time and associated maintenance costs. As a result of the ball mill overhaul -designed and executed by Weir Minerals experts in partnership with JHP, the throughput was increased by up to 44%. Vulco Mill Lining Systems The innovative designs of Vulco® mill liners are tailored specifically for every customer and are manufactured to the highest industry standards for autogenous (AG) and semi-autogenous (SAG) mills, primary, secondary, and re-grind ball and rod mills. The inherent characteristics of elasticity, high tensile strength and corrosion resistance found in the Vulco® elastomer compounds position them as the preferred mill lining material over steel in many applications. Key features and benefits: Lighter than conventional steel linings for increased handling safety Reduced noise due to rubber’s sound dampening effect Facilitate increased power draw due to reduction in lining weight, increasing filling volume Increased safety and decreased lining installation hours due to reduced component and lining mass Faster manufacturing lead times than metal liners Weir Minerals Weir Minerals deliver market-leading Vulco® mill liners, combining state-of-the-art technology and innovative design with unparalleled service to all our customers across the world. If you would like to know more about Vulco® mill liners please visit: https://www.global.weir/products/product-catalogue/vulco-mill-liners/
Philippine Resources - June 28, 2022
DIGITAL REVOLUTION 4.0" IN THE RAW MATERIALS AND MINING INDUSTRY
By: Christoph Klötzer, Hakan Arden Kahraman and Michalis Katapotis The concept of 'Industrial Revolution 4.0' first introduced in Germany and has rapidly spread to other developed countries, describes the ongoing automation of traditional production and industrial applications using modern digital technology. In this new era of Industrial Revolution 4.0, the mining industry too has inevitably started to focus on technology and digitalisation. As there are many challenges ahead in this transformation process, DMT’s approach to this new era is to offer innovative and holistic Industry 4.0 solutions developed through a fastidious strategy which is expected in assisting to shape the autonomous mining vision of the future. DMT’s approach to digital transformation is to go through initially a "Digital Due Diligence Process" to assess the existing business, identify digital potentials and operating opportunities and define a digitalisation roadmap. DMT’s recommendation is that this process is accompanied by independent engineering and technology advice coming from an experienced partner in process design who will establish a Digital Transformation Office. This approach includes three fundamental components: “Operations” which cover the services used to provide companies with comprehensive guidance and support, systematic approaches to continually expand the offering of digital products and services covering the entire lifecycle of raw material extraction such as Reconnaissance, Exploration, Planning and Project Evaluation, Construction, Optimisation of Mining Operations, Environmental Aspects, Mine Closure and Site Remediation; “People" which covers a corresponding digital transformation program for all employees of mining companies; “Processes” which covers process optimisation for its Clients’ operations. The Fourth Industrial Revolution (or “Industrial Revolution 4.0”), has already identified a number of structural transformation and paradigm shifts in the societies that are expected in the coming years (Schwab, 2016). These include: The Internet of and for Things; Automated vehicles; Artificial Intelligence (AI) and Decision-Making; Robotics and Services; Cryptocurrencies and the Blockchain; The Sharing Economy (the use of a physical good/asset, or share service or provide a service by sharing); 3D Printing in Manufacturing, Human health and Consumer Products; As more of the “things” start to communicate and interact with each other in a more smart and artificial way in this Fourth Industrial Revolution particularly in the developed countries, it is inevitable that the mining segment will also benefit from this latest transformation in these economies. Considering the competitive nature of the business, the large international mining companies have already started to adjust themselves by digitising their mining operations across the value chain in line with the future generation of mines. This obviously requires a remodelling of the business for growth and sustainability while using digital technology and innovation as a catalytic enabler within an existing legacy environment that behave like individual isolated units along the route from mine to processing to transport. Based on its long-proven ability to capture new developments and integrate them into its core competencies, DMT is passionate about the digitisation of existing products and services and on the development of new digital business models.
Philippine Resources - June 28, 2022
Supporting High Through-put Demands of the Mining Industry with Innovative XRF Elemental Analysis
An interview with one of Zetium's creators, Simon Milner Mining companies deal with as many as a few hundred to thousand samples a day. And hence the need for quick, yet reliable analytical methods to assess purity and grade of ores. X-ray fluorescence (XRF) technology is the right method for quick analysis with good accuracy and precision for elemental analysis especially in mining. Building on years of experience and success with our extensive analytical X-ray portfolio, Zetium represents a revolutionary step in materials analysis by Malvern Panalytical. Malvern Panalytical is the world’s leading analytical instrumentation company for elemental, structural and particle size characterization. We are the only X-ray analytical manufacturer with our own X-ray tube factory. This gives our users ready access to our tubes and flexibility to our R & D team in designing more compact and robust instruments. The platform embodies SumXcore technology – an integration of WDXRF and EDXRF. This unique combination of possibilities puts Zetium in a class of its own with respect to analytical power, speed and task flexibility in multiple environments. We continuously strive to help you get the most out of our instruments, and we've connected the Zetium to our Smart Manager platform. This is a cloud-based 'control room' which provides you with a clear picture of the utilization and health of your instruments, wherever they are in the world. By connecting your Zetium to the Smart Manager, we have turned it into a Smart Zetium. The Zetium is equipped with the latest version of our SuperQ software, including our Virtual Analyst that enables even non-expert users to easily set up applications. A wide range of additional software modules is available for specific analysis, such as standardless analysis, trace elements in geology, matrix corrections in oils and analysis of thin films. Malvern Panalytical's Zetium X-ray fluorescence (XRF) spectrometer. Launched in 2015, high-quality design and innovative features for analysis of Be to Am. We asked one of Zetium’s creators, Simon Milner – Director of Elemental and Structural Analysis Portfolio, about this system and how it contributes to excellence. Simon, what has driven the development of this XRF system? The main driver for developing this system is our philosophy of providing our customers with technology and solutions that give them the edge in their endeavors, whether process optimization, quality control or research. Malvern Panalytical's Zetium XRF is a unique combination of possibilities that puts it in a class of its own with respect to analytical speed and task flexibility. Value added software for optimizing the performance and utilization of your XRF Unleash the potential of your data. Until now, instrument data has too often been stuck in manual records, spreadsheets or site-specific servers. By connecting the Zetium to our Smart Manager and continually analyzing instrument data in the cloud, you can unleash its full potential. Health of Zetium easily monitored by user and service engineers. This is just one of our digital solutions that are part of Malvern Panalytical's Connected World. Application Examples- Copper Analysis by Zetium WDXRF Addressing the unique challenges of mining Efficiency could also be gained at the concentrator with the Minerals edition of the Zetium XRF spectrometer, providing accurate measurement of major, minor and trace elements in concentrates.
Philippine Resources - June 28, 2022
CHIEF ASIA HAS THE ABILITY TO PROVIDE COMPLETE, ENGINEERED SOLUTIONS FOR COMMERCIAL, AGRICULTURAL AND INDUSTRIAL NEEDS
Chief offers a wide range of products and the expertise. Years of experience in the design and installation of material handling and storage facilities coupled with modern technology and the latest manufacturing methods make Chief Industries your ideal partner whether embarking on a new project or expanding an existing plant FOR DEMANDING INDUSTRIAL MATERIAL HANDLING NEEDS, CHIEF ASIA HAS THE SOLUTION. Open Belt Conveyors are utilized for long, overland applications and move many types of commodities. Open belt conveyors are available in a wide range of belt widths. With capacities available up to 10,000 metric tons per hour, we have designs available for installations in port facilities, coal, mining, biomass, and nearly any industrial operation imaginable. CHIEF TRUSSED OPEN BELT (CTOB) Chief Trussed Open Belt conveyor with integrated box type truss is ideal for long spans between support columns. It is an industrial duty trussed frame that utilizes a combination of standard CEMA idlers and self-aligning idlers. CHIEF COMMERCIAL OPEN BELT (CCOB) Chief Commercial Open Belt is ideal for handling large capacities. It is an industrial duty channel frame that utilizes a combination of standard CEMA idlers and self-aligning idlers. This conveyor can easily transport any commodity for extended distances. Each conveyor is designed to meet the specific needs of the application. The personalization of our product translates to a high-quality finished solution. It can be used in a wide range of capacities and distances, and its length can be a few meters or tens of kilometers.
Philippine Resources - May 31, 2022
Semirara Mining and Power Corp remits record P5.9B royalty in Q1; up 807% YoY
Photo credit: Bilyonaryo Integrated energy company Semirara Mining and Power Corporation (SMPC) recently remitted P5.9 billion in government royalty to the Department of Energy (DOE), the highest in its corporate history. The first-quarter remittance is an 807-percent upsurge from the P656 million that SMPC paid during the same period last year. All-time high coal shipments and average selling prices account for the record-setting government share. “We had an exceptionally strong start, so much so that in three months, we surpassed our previous full-year royalty payments,” said SMPC president and COO Maria Cristina C. Gotianun. In 2021, SMPC paid a total of P5.4 billion to DOE as improved coal output and favorable market conditions allowed the company to ship more coal at elevated prices. Of the P5.9 billion remitted by SMPC, more than P3.5 billion will be retained by the national government. In accordance with the law, the rest will go to the host local government units of the SMPC mine site. The province of Antique will receive P476 million while the municipality of Caluya and Barangay Semirara will receive around P1.1 billion and P833 million, respectively. The Local Government Code of 1991 entitles local government units to a 40 percent share of royalty proceeds from petroleum, coal, geothermal, hydrothermal and wind resources. SMPC is the only vertically-integrated power generator in the country that produces its own fuel. As the largest domestic coal producer, it supplies affordable fuel to power plants, cement factories and other industrial facilities across the Philippines. Article courtesy of the Philippine Stock Exchange
Philippine Resources - May 25, 2022
CTPCMC Allocates 7.7M for COVID-19 Initiatives
Article by: Roniel R. Arguillas - CTPCMC ICE Officer BAYANIHAN AMIDST THE COVID-19 BATTLE In order to protect and improve the lives of the people within the host and neighboring communities pursuant to Republic Act (RA) No. 11469 or the “Bayanihan to Heal as One Act”, CTP Construction and Mining Corporation or CTPCMC allocated 7.7 million pesos intended for the implementation of projects, programs, and activities (PPAs) on COVID-19 prevention. Through its Social Development and Management Program (SDMP) under Adlay Mining Project (AMP) and Dahican Nickel Project (DNP) the company implemented essential PPAs in the year 2021. The beneficiaries of PPAs were from the Host and Neighboring communities specifically Barangay Adlay, Barangay Dahican and Municipality of Carrascal. With an allocated budget of P2,060,803.78, a Covid-19 Assistance Center was put up to be the second line of support to the host communities if their existing Isolation Rooms have been fully occupied. The company’s employees and their dependents are to be prioritized in the center. The center is offering services which include free isolation room for those who are identified and confirmed as covid-19 patients, free vitamins, and over-the-counter drugs, 24/7 monitoring by health personnel and stand-by oxygen concentrators. Another PPA was the provision of 59 medical equipment and kits to Barangay Adlay. The provision included pulse oximeter, thermal scanner, LCD full digital ultrasound machine, hospital bed and refrigerator as vaccine storage. The turnover was done on December 14, 2021, held at Barangay Hall of Adlay. It was attended by Engr. Charlo R. Basadre CTPCMC Resident Mine Manager, Charid O. Cuadrillero ComRel Manager, Hon. Norberto O. Rubi Jr. Barangay Captain, and Raquel Bungcaras assigned nurse. “These are very essential and a huge help to the key front liners and to the people within the community.” Hon. Rubi said during the turnover. The company also provided two SDMP Emergency Response Vehicles for health-related emergencies.
Philippine Resources - May 25, 2022
CTPCMC Donates 3.6M for Typhoon Odette Victims
Article by: Roniel R. Arguillas - CTPCMC ICE Officer Siargao Islands was ravaged by Typhoon Odette on December 16, 2021 leaving massive damage on its vegetation and infrastructures. Due to the typhoon’s impact, Siargaonons’ access to health services, electricity, food and water was curtailed. In response to their need, CTPCMC conducted “Operation Odette: To the People of Del Carmen Parish Siargao and Non-Roman Catholic Communities” on January 20,2022. CTPCMC Personnel and Staff and CTPCMC Emergency Response Team(ERT) spearheaded by Engr. Charlo R. Basadre with LCT Charles Jason went to Siargao bringing 3,500 relief goods, 3,300 nipa shingles, galvanized-iron roofs, mineral water, 10,000 seedlings of trees namely Maria Buhok, Mango-Tambis and Magkono species. Likewise, former CEO/President Clarence J. Pimentel Jr. also donated 45 units of generator sets, 20 sets of solar lamps and PARAMINA also sent 25 sacks of rice. The relief assistance were turned over to Msgr. Prescilo P. Iral, Dcs for distribution to the 3,500 affected families. The turnover was attested by by Fr. Rolmart L. Verano,Dcs. CTPCMC further extended the relief operation to the neighboring Islands including Sitio Campinganon, Pitogo and Alvarez of Barangay Maribojoc, San Benito, Surigao del Norte. And on April 01, 2022, the company donated cash assistance for the renovation of Our Lady of Mt. Carmel Parish at Del Carmen and Sta. Monica Parishof Siargao Islands. On March 8,2022, Mines and Geosciences Bureau(MGB) Region XIII awarded a plaque of recognition to CTPCMC for its assistance extended to the victims of Typhoon Odette, it was received by Engr. Charlo R. Basadre; CTPCMC Resident Mine Manager.
Philippine Resources - May 17, 2022
Vulco® R67 mill lining rubber compound: the liner that lasts longer
Photo credit: Weir Minerals As a leader in materials development and advancement, the team of material scientists at Weir Minerals are always pushing for ways to improve the capabilities of our technology for our customers. The advanced laboratories at Weir Minerals develop a variety of materials, from natural to synthetic, to polyurethanes and composite materials. One of these materials is the Vulco® mill liner rubber. Vulco® rubber is renowned throughout the mining industry for its exceptional wear life and reliability in mill lining systems. These abrasion- and impact-resistant rubber compounds are continuously improved and refined by Weir Minerals’ team of engineers and material scientists to keep them at the forefront of mill lining systems technology. Having identified a need for higher-wearing rubbers for mill lining systems, the material science experts developed an industry-leading, premium-grade rubber compound with superior wear life and performance in mill lining applications. The result: Vulco® R67 rubber – an optimum material which is manufactured with proprietary new compounds and innovative methods of processing to deliver outstanding wear life and longer uptime. This new elastomer material was developed through extensive laboratory testing which was optimised and refined to further improve the material’s properties for aggressive mill system applications. The outcome of these improvements is a rubber compound which delivers an increased wear life of more than 20%, resulting in significant cost savings for our customers. The Vulco® R67 rubber compound offers a high hardness, elongation, tensile and tear strength, making it suitable for lifter bars, head/shell plates and grates. When used in conjunction with metal cap mill liners, the result is a versatile, economical, and efficient product that weighs up to 50% less than steel alone. The added benefit is a lighter product that’s faster, easier and safer to install, as well as a measurable reduction in mill downtime and reduced maintenance costs. “The Vulco R67 compound is a significant improvement to extend the wear life of mill linings. The longer life results in lowering customer’s production costs and also allows more uptime to potentially increase throughput of the plant due to the higher annual mill availability.” – Tony Millar, Weir Minerals Director of Product Management Produced locally in Australia, as well as North and South America and South Africa, our customers can feel assured that they have a market-leading product that is backed by decades of experience, expertise, and proven effectiveness. Connect with our mill lining experts today: https://info.global.weir/vulcor67
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Philippine Resources - May 11, 2022
DMCI Holdings posts record Q1 earnings: up 165% to P11.3B
Diversified engineering conglomerate DMCI Holdings, Inc. reported a 165-percent increase in first-quarter earnings from P4.3 billion to P11.3 billion, its highest ever for any given quarter. Its record-setting performance was mainly driven by the robust operating results of its coal, nickel and power businesses amid rallying commodities and electricity spot prices. Excluding a non-recurring gain of P179 million last year mainly from the deferred tax remeasurement impact of CREATE Act on Maynilad’s service concession asset and a P12 million gain on sale of land of DMCI Homes, consolidated core net income surged by 177 percent from P4.1 billion to P11.3 billion. “Semirara exceeded our expectations while DMCI Mining and DMCI Power both grew double-digits,” said DMCI Holdings chairman and president Isidro A. Consunji. “But our construction and real estate businesses are showing signs of slowdown because of knock-on effects of the pandemic and Russia-Ukraine war,” he added. Net income contribution from Semirara Mining and Power Corporation (SMPC) skyrocketed by 544 percent from P1.3 billion to P8 billion on the back of record-high coal production, shipment and average selling prices, and further boosted by higher spot electricity sales at elevated prices. DMCI Homes contributed P1.4 billion, a 7-percent decline from P1.5 billion owing to lower construction accomplishments, fewer new accounts that qualified for revenue recognition and higher sales cancellations. Net income contribution from DMCI Mining grew 20 percent from P415 million to P499 million on higher nickel ore shipment and forex rates. D.M. Consunji, Inc. recorded a 7-percent drop in net income contribution from P393 million to P367 million mainly due to the absence of a one-time related party transaction for a joint venture infrastructure project. Maynilad contribution rose by 11 percent from P287 million to P319 million on lower personnel, utilities and interest expenses. DMCI Power contributed P132 million, a 12-percent upturn from P118 million because of higher generation and sales across all its service areas. Income from parent and others retraced by 38 percent from P13 million to P8 million on lower interest income.