Photo credit: Global Ferronickel Holdings, Inc. Global Ferronickel Holdings, Inc. (FNI) is off to a strong start as Platinum Group Metals Corporation (PGMC) begins its shipment to customers in China with 53,700 WMT of low-grade nickel ore bound for Guangdong Century Tsingshan Nickel Industry Co., Ltd. (GCTNICL). PGMC is the second-largest value exporte...
Photo: The Caraga Mineral Testing and Research Laboratory, the only mineral testing lab in the region, is expected to be fully operational by 2024. The facility is envisioned to provide highly equipped, accessible, and affordable analytical testing for mining companies in the region. (Photo courtesy of DOST Caraga Director Noel Ajoc) Despite being inau...
Photo: Negros Occidental Governor Eugenio Jose Lacson (2nd from right) and Mines and Geosciences Bureau-Western Regional Director Raul Laput (right) sign the memorandum of agreement for the transfer of functions on the processing and issuances of two mining documents to the provincial government. Witnessed by Provincial Administrator Rayfrando Diaz II (2n...
Photo credit: Mining Journal - Gerard Bond OceanaGold Corporation is pleased to announce that Gerard Bond has commenced his role as President and Chief Executive Officer of the Company. Mr. Bond will initially be based in Melbourne, Australia and in the coming weeks will travel to visit all operations and meet with shareholders and other key stakeholde...
Photo credit: Global Ferronickel Holdings Global Ferronickel Holdings, Inc. (FNI), the country’s second-largest nickel ore producer, recorded a 5.9% net income increase of ₱1.98 billion for the year ended December 31, 2021, compared to ₱1.87 billion in the same period last year. Revenues are up by ₱445.5 million or 6.1% to ₱7.71 billion in 2021 against...
By: Engr. Jeffrey Geronimo Mining companies are always challenged by the tight deadlines and targets to timely satisfy the production requirements of the mine. This has often translated to numerous changes in mining strategies and plans which necessitates adoption of concurrent engineering methods. However, this also increases complexity due to the p...
Photo: Department of Environment and Natural Resources (DENR) Secretary Jim Sampulna calls on the media Friday (March 25, 2022) to help monitor large-scale mining operations in the country, to make sure that they follow the policies set by the government. Sampulna says irresponsible miners have no place in the country. (PNA photo by Che Palicte) Depart...
There are many ways and technological advancements that are used in mine sites that prevent disasters and address issues like ground stability at end of mine. One of the most fascinating techniques used by OceanaGold Corp. in assuring the safety of employees and protecting the environment is the use of the Paste Backfill System. Paste backfill is an en...
Photo: Integrated energy company Semirara Mining and Power Corporation (SMPC) ended 2021 with a net income of P16.2 billion, the highest in its 41-year history. The 393-percent leap from P3.3 billion the previous year was mainly attributable to an 8- percent rise in coal production, 16-percent jump in coal shipments and 71-percent surge in average c...
Photo credit: Arrow Creatives “A defining year- that is how 2021 was for our Company”, said Martin Antonio G. Zamora, President and CEO of Nickel Asia Corporation (NAC; PSE: NIKL). “In the face of the second year of the COVID-19 pandemic and the continuing economic and social hardships it has brought to our country and our communities, we remained focu...
Photo credit: Philex Mining The province of Surigao del Norte and other local government units welcomed the start of development of the Silangan copper-gold mine project (“Silangan”) of Philex Mining Corp., which at a cost of $224 million (about PHP11.2 billion), is one of the biggest investments in Mindanao. Philex’s wholly-owned unit, Silangan Min...
The Philippine Federation of Professional Associations (PFPA) – Council for Built and Natural Environments and the Geological Society of the Philippines have recognized Noe L. Caagusan with the Distinction & Excellence Award for Geology 2021. Caagusan, currently Apex Mining Co., Inc’s chief geologist, shares this accolade with his Apex colleagues a...
Things are getting better for OceanaGold Philippines, Inc. after their application for FTAA renewal was finally approved last year for the Didipio gold and copper mine. Last 14 July 2022, the Philippine Government finally granted OGPI another 25 years to operate. The company's operations had been halted for nearly two years due to a dispute between the mi...
Photo credit: Redjie Melvic Cawis Philex Mining Corporation, one of the oldest and largest gold and copper producers in Southeast Asia added Php668 million of Core Net Income in 4Q2021 to its Php1.865 billion Core Net Income for the first nine months ended September 30, 2021. Thus, full year Core Net Income rose 118% to Php2.533 billion compared with P...
Photo credit: Bilyonaryo Atlas Consolidated Mining and Development Corporation ("Atlas Mining") reported a record net income of Php3.83 billion for the year 2021 compared to the net income of Php118 million for the same period in 2020. Stable production, resilient operation and higher metal prices sustained the turnaround performance of Atlas Mining. ...
Department of Environment and Natural Resources (DENR) Undersecretary for Mining, Muslim Affairs, and Attached Agencies, Mr. Jim O. Sampulna has stepped in place of DENR Secretary Roy Cimatu after his official resignation on February 17, 2021. Acting presidential spokesperson and Cabinet Secretary Karlo Nograles confirmed on February 18, 2021, that Cim...
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