Celsius Resources is pleased to announce the approval of the Mining Project Feasibility Study (“MPFS”) for the Maalinao-Caigutan-Biyog (“MCB”) Project in the Cordillera Administrative Region under its Philippine subsidiary, Makilala Mining Company, Inc. (“MMCI or “the Company”). After a thorough evaluation of the Technical Committee, the Philippine Min...

August 9, 2023 – Global Ferronickel Holdings, Inc. (PSE: FNI) reported consolidated revenues of ₱3.1 billion for the first six months of 2023, up 41.2% from ₱2.2 billion in the prior-year period. Strong volumes and higher-grade ores at Palawan mine were the main drivers of growth, partially offset by weaker prices and lower-than-average volumes at Surigao...

The company responsible for delivering 3,500 wet metric tons of dolomite to Manila Bay in 2020 has lost its mining production sharing agreement (MPSA). Gov. Gwendolyn Garcia announced Wednesday that she ordered the revocation of the MPSA of Dolomite Mining Corp. (DMC), a mining firm producing dolomite sand in Alcoy, some 101 kilometers south of this ca...

Listed natural resources development firm Nickel Asia Corp. (NAC) (PSE: NIKL) announced its unaudited financial and operating results for the six-month period ended June 30, 2023. During the period, the Company recorded an attributable net income (net of minority interest) of P1.7 billion, down 55 percent from P3.8 billion year-on-year. Excluding th...

Sagittarius Mines Inc. (SMI), the developer of the Tampakan copper-gold project in Mindanao, said it is ready to start construction in the fourth quarter of the year. "SMI had secured all major approvals to develop and operate the Tampakan copper-gold project. We are ready to start construction in 2023 and produce our first copper concentrate in 2026,"...

The Mines and Geosciences Bureau in the Caraga Region (MGB-13) has collected PHP2.14 billion in revenues from different mining companies operating in the region last year. The revenues in the form of fees, charges, and royalties were indicated in the 2022 Caraga Mineral Profile provided by MGB-13 to the Philippine News Agency here Wednesday. The dat...

The mining industry in the Caraga Region will work jointly with the different government agencies, the local government units (LGUs) and other stakeholders to strengthen the resilience of communities against the threats of natural disasters. The move is among the agenda of the weeklong Caraga Resilient Mining Week (CRMW) activity which formally opened ...

Philex Mining Corporation, is one of the oldest and largest gold and copper producers in Southeast Asia, and a leader in right and principled mining. The Company generated an additional of Php314 million in core net income for 2Q2023, reporting a 1H2023 core net income of Php702 million. EBITDA of Php553 million for 2Q2023 increased 1H2023 EBITDA to Php1....

Celsius Resources is pleased to announce that our Philippine subsidiary, Makilala Mining Company, Inc. (“MMCI or “the Company”), has been issued a Certificate of Approval for its Environmental Protection and Enhancement Program (“EPEP”) and Final Mine Rehabilitation and/or Decommissioning Plan (“FMRDP”) for its flagship Maalinao-Caigutan-Biyog Copper-Gold...

Nickel demand is expected to further increase, driven by the shift to smart cities and clean energy, but additional investments are needed to help the Philippine nickel industry take advantage of the global demand, the Philippine Nickel Industry Association (PNIA) said. In a statement, the PNIA said raw nickel ore is not only a critical component of el...

Photo: MGB Regional Office No. III In line with the celebration of the 2023 World Environment Day, all Mines and Geosciences Bureau Regional Offices together with the mining companies in their jurisdictions join the simultaneous tree planting activities in the mined-out areas and clean-up of nearby river and coastal areas. The said activity aimed to pl...

The Board of RTG Mining Inc. is pleased to announce that the Company has received commitments to raise approximately A$14 million (circa US$9 million) in a private placement to institutional and sophisticated investors (“Private Placement”). With the recent announcement of a prominent and successful new partner for the Mabilo Project in the Philippines...

Listed Global Ferronickel Holdings, Inc. (FNI) remains bullish about the outlook for the nickel industry as it aims to expand its business to take advantage of the higher demand for nickel.  "Certainly, the outlook for the nickel industry remains compelling. On the demand side, we see tremendous opportunities from many trends that will shape the world,...

​ Porphyry copper deposits are an important resource for copper and other valuable metals or minerals. They are typically mined using large-scale, mechanized open-pit methods because of their large reserve, low grade, and shallow burial depth. Porphyry copper deposits are a type of hydrothermal deposit. Characteristics of porphyry copper deposits inclu...

Handheld analyzers have revolutionized the mining industry by providing a compact and efficient solution for on-site analysis. These portable devices offer real-time data and analysis capabilities, enabling mining professionals to make informed decisions quickly and accurately. From mineral identification to environmental monitoring, handheld analyzers...

DIGITAL TRANSFORMATION is vital for mining companies to mitigate challenges caused by "poor visibility" in mining operations. Dassault Systèmes MINE OPERATIONS MANAGEMENT (MOM) utilizes real-time data in an integrated system— capable of ensuring automatic updates and a reliable source of information. In Part 1 of this MOM series, global mining industry...