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 ul...

The Department of Environment and Natural Resources (DENR) has issued the revised guidelines in the classification and reporting standards of exploration results, mineral resources and mineral reserves. The new guidelines, embodied in DENR Administrative Order (DAO) No. 2023-05 recently signed by Secretary Antonia Loyzaga, amended DAO 2010-09 to allow ...

Photo credit: Celsius Resources Celsius Resources is pleased to announce that its Philippine subsidiary, Makilala Mining Company, Inc. (MMCI), has been issued an Environmental Compliance Certificate (ECC) for the development of its flagship Maalinao-Caigutan-Biyog (MCB) Copper-Gold Project in the Philippines. The issuance of the ECC signifies that M...

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, expec...

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 “po...

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 Servi...

Photo: Mines and Geosciences Bureau (MGB) Region II Regional Director Mario Ancheta joined barangay and municipal government officials and Didipio Mine employees in the groundbreaking of a farm-to-market road project in Ifugao Village, Diffun, Quirino last February 2023. The road project is part of the Mine’s Community Development Fund (CDF), which aims t...

Photo: WEDA L110N and QAS 210PD The mining industry comes with various challenges; from scarce resources to uncertainty around commodity prices, miners are always looking at ways to overcome barriers to stay competitive. Nickel mining, for example, is mined from various depths and beneath the surface using large earth-moving equipment, the robustness a...

Photo credit: Department of Finance The government is planning to sell more of its assets this year, the Department of Finance (DOF) said. "Last year we already sold I think something like PHP1.5 billion assets, and then for this year, we're aiming to sell more," Finance undersecretary for privatization and corporate affairs group Catherine Fong sai...

Celsius Resources is pleased to announce it has entered into a non-binding term sheet and a binding subscription agreement with Silvercorp Metals Inc., a Canadian-based mining company engaged in the acquisition, exploration, development and mining of mineral properties. Highlights Celsius Resources Limited has entered into a non-binding term sheet w...

Photo credit: Global Ferronickel Holdings, Inc.  Global Ferronickel Holdings, Inc. achieved Q1 2023 revenues of ₱1.1 billion and net income of ₱358.8 million, turning a first quarter profit for the first time in the company’s history. Earnings per share on net income attributable to equity holders of the company came in at ₱0.0296 compared to a loss of...

Photo: DENR Secretary Antonia Loyzaga The Department of Environment and Natural Resources (DENR) is mulling the implementation of a "big brother-small brother" strategy to capacitate small miners and enhance the resilience of the mining community. In a press release on Monday, DENR Secretary Antonia Loyzaga said they are planning to incorporate said...

Photo credit: Global Ferronickel Holdings, Inc. The environmental management system of Ipilan Nickel Corporation (INC), the operating arm of Global Ferronickel Holdings, Inc. in Brooke’s Point, Palawan, has been recertified by Intertek last April 7, 2023 as conforming to the requirements of International Organization for Standardization (ISO) 14001:201...

Photo credit:  Integrated energy company Semirara Mining and Power Corporation (SMPC) recorded a 40-percent decline in consolidated net income from P15 billion to P9 billion mostly due to high-base effect, as the company posted its highest-ever quarterly bottom line during the same period last year. Consolidated topline contracted by 29% from P29.1 ...

Philex Mining Corporation, one of the oldest and largest gold and copper producers in Southeast Asia, and a leader in right and principled mining, generated Php388 million Core Net Income and EBITDA of Php635 million for 1Q2023 against the backdrop of favorable gold prices and foreign exchange rates that kept them within safe margins as a continuation fro...

Photo: Company officials of the 2022 PMIEA recipients with DENR Secretary M.A. Yulo Loyzaga, Executive Secretary L.P. Bersamin, and COMP Vice Chairman Mr. G.H. Brimo Recipients of the 2022 Presidential Mineral Industry Environmental Award (PMIEA) represented by their company officials attended the Ceremonial Awarding held at the Bonifacio Hall of the M...