Photograph courtesy of Aboitiz Construction The Cebu-based construction firm Aboitiz Construction on Thursday said it has finished the construction work on the British firm’s CD Processing (CDP) Ltd. copper ore sorting and processing plant in Carmen Copper Corporation’s operations center in Toledo City. To manage mining wastes, the plant is seen to ...

The strategic plan to develop Bamboo has been in the portfolio of the Department of Trade and Industry (DTI) many years back. As a chief raw material source for the flourishing Philippine handicraft industry, the demand for Bamboo increased further over the years because of its emerging uses in construction, agriculture, and fisheries. Bamboo developme...

Photo credit: Masbate Gold Project The Department of Environment and Natural Resources - Mines and Geosciences Bureau (DENR-MGB) is proposing the implementation of a policy that allows only one operator per mining tenement in the country. Implementing such policy will help improve the execution of mining agreements and promote the holistic, harmonio...

Photo credit: Nickel Asia Corporation Facebook Page Nickel Asia Corporation recently announced its unaudited financial and operating results for the nine-month period ended September 30, 2021 with an attributable net income (net of minority interests) of P6.17 billion, 168% higher compared to the P2.30 billion achieved in the same period last year. Ear...

Photo credit: Bilyonaryo Atlas Consolidated Mining and Development Corporation (“Atlas Mining”) reported net income of Php3.48 billion for the three quarters of 2021 compared to the net income of Php490 million for the same period in 2020. Higher metal prices and the stable production in the three quarters sustained the improvement in net income. Me...

In celebration of World Bamboo Day last September 18, The Philippine Mining Club presented a webinar/summit titled "Bamboo Economics and Initiatives to Re-Imagine Mining into Social Enterprises -- A Summit on Re-Imagining, Developing, and Sustaining Mining Communities in the Philippines with Bamboo."   The summit was a 5-hour online event that was ...

Despite the challenges posed by the Covid-19 pandemic, production and favorable metal prices for gold and copper have been sustained since 1Q2021. As a result, the Management and the Board of Directors of Philex Mining Corporation recently announced that the Company generated another quarter of positive results. Philex recorded a Core Net Income of Php716...

Photo credit: Oceanagold OceanaGold Corporation reported its financial and operational results for the quarter ended September 30, 2021. Details of the consolidated financial statements and the Management Discussion and Analysis are available on the Company’s website. Scott Sullivan, Chief Operating Officer & Acting CEO of OceanaGold said, “I am...

October is United Nations Month with its main celebration last 24 October 2021. In response to the United Nations Sustainable Development Goals (UNSDG), the Philippine Nickel Industry Association (PNIA) launched their first sustainability report to highlight the industry’s contribution and impact to local communities for 2020. They presented their report ...

TVI Pacific Inc. is pleased to announce the completion of a second shipment of gold doré from the Balabag gold and silver project. Balabag is owned 100% by TVI Resource Development Phils., Inc. a Philippines corporation in which TVI holds a 30.66% interest, and is located in Zamboanga del Sur, Philippines.  Continuing Gold Production at Balabag Gold-Si...

Photo credit: TVIRD - TVIRD’s field office and processing plant sit at the crest of Balabag Hill – which provides a good vantage point for monitoring its mining operations and progressive rehabilitation as well as a proper slope for directing effluents to its tailings storage and impoundment facility down below. Mining stakeholders of this town are jub...

TVI Pacific Inc. is pleased to announce that gold production has commenced at the Balabag gold and silver project ("Balabag"). Balabag is owned 100% by TVI Resource Development Phils., Inc. ("TVIRD"), a Philippines corporation in which TVI holds a 30.66% interest, and is located in Zamboanga del Sur, Philippines.    First Gold Production at Balabag Gol...

Photo credit: OceanaGold Scott Sullivan, Chief Operating Officer and Acting Chief Executive Officer of OceanaGold said, “The recommencement of Didipio operations is progressing ahead of plan. The recruitment of the workforce is ahead of schedule as we expect approximately 65% of the total workforce to be in place by the end of the third quarter and app...

Photo credit: GlobalData Global nickel mine production is expected to grow by 6.8% to reach 2,427.4 thousand tonnes (kt) in 2021, after registering an estimated 4.2% decline to 2,272kt in 2020, owing to COVID-19-related lockdowns and restrictions, says GlobalData. The leading data and analytics company notes that output from Indonesia (+16.3%), the Phi...

 Metallic mineral production value advanced by 24.50% or PHP13.50 billion in H1 2021 from PhP55.13 billion to PhP68.63 billion, year-on-year. The telling factor for this sterling performance was the continued strong metal prices during the period. Prices of base metals, copper, and nickel grew by 65% and 40%, respectively. Likewise precious metals, gol...

​ Making good its promise to take drastic action against illegal settlers in the mineral-rich Barangay Runruno in the town of Quezon, Nueva Vizcaya, the Mines and Geosciences Bureau (MGB) has led an operation leading to the dismantling and confiscation of illegally operating ball-mills, a device used by traditional miners to process gold ore. “The o...