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...

Figure 1: Location of the MCB Project in the Province of Kalinga, Northern Luzon, Philippines. Celsius Resources Limited (“Celsius” or “the Company”) is pleased to announce that its Philippine subsidiary, Makilala Mining Company, Inc. (“MMCI”) has received priority project status for the Maalinao-Caigutan-Biyog (MCB) Copper-Gold Project (“MCB” or “the ...

Photo credit: Atlas Consolidated Mining and Development Corporation The Australia Philippine Business Council (APBC) said the impacts of lifting the open-pit mining ban will spill over to other industries like manufacturing. In a statement, APBC said the decision of the government to lift the moratorium will revitalize the mining industry, usher in ...

Philex Mining Corp., one of the country’s largest producers of copper and gold, said recently it plans to prolong the life of its underground mine in Padcal, Benguet, potentially overlapping with the start of the commercial production of its Silangan mine in Mindanao by 2025. The decision to extend Padcal’s mine life beyond 2024 will depend on the stud...

Photo credit: Bilyonaryo The Securities and Exchange Commission (SEC) has considered favorably the stock rights offer by Philex Mining Corporation for a maximum of PHP3.15 billion. In its meeting on January 27, the commission en banc resolved to render effective the registration statement filed by Philex Mining for a stock rights offer covering up t...

In an effort to support women workers in the small-scale mining industry, the Mines and Geosciences Bureau (MGB) in partnership with planetGOLD Philippines, held a two-day online workshop on gender inclusivity last December 9-10, 2021. The workshop, dubbed “Mainstreaming Gender in Small Scale Mining,” aimed to help the participants gain knowledge on gende...

With the Department of Environment and Natural Resources (DENR) issuing an order to lift the moratorium on the open-pit method in the country through DENR Administrative Order (DAO) 2021-40 issued on Dec. 23, 2021, the Mines and Geosciences Bureau (MGB), Mine Safety, Environment, and Sustainable Development Division (MSESDD) Chief, Engr. Marcial M. Mateo ...

Scott Sullivan, Acting CEO of OceanaGold said, “We finished the year with a strong fourth quarter of production, backed by solid operational performances from Haile, which delivered a record annual gold output and Didipio, where ramp-up is advancing ahead of schedule. We are delivering on our commitments by achieving our full year consolidated guidance an...