The Mines and Geosciences Bureau (MGB), through its Gender and Development Focal Points System, recognizes and supports the Planetgold Philippines Project, which has made significant strides towards gender equality in the artisanal and small-scale gold mining (ASGM) sector, particularly through its recent initiatives. The project published a comprehensive...
By Thea Samantha C. Go, EM Paramina Earth Technologies, Inc. is a proudly all-Filipino mining and civil construction contractor that has been making significant strides both domestically and internationally. With over 29 years of experience, Paramina has pioneered surface and underground contract mining in the Philippines, later expanding into tunne...
The Philippine Nickel Industry Association (PNIA), the country’s largest group of nickel mining companies, has voiced strong concerns regarding the renewed suggestion to impose an ore export ban as part of the mining fiscal regime reforms, highlighting that such a policy may not address the real challenges faced by the industry in developing value-added p...
Senate President Francis Escudero on Thursday said the announced joint venture between Nickel Asia Corporation and DMCI Mining Corporation to develop a nickel processing plant in the Philippines is a “monumental stride” in enhancing the country’s mineral value chain. In a statement, Escudero said the initiative is a significant step in advancing the lo...
DMCI Mining Corp. and Nickel Asia Corp. (NAC) on Wednesday said they are exploring the possibility of putting up a new nickel processing plant in the country. This was after the two mining giants signed on Tuesday a memorandum of understanding (MOU) to conduct a feasibility study on developing and operating a nickel processing plant. The two firms s...
The Philippine Nickel Industry Association (PNIA) strongly opposes the recent resolution passed by the Palawan Sangguniang Panlalawigan calling for a 50-year mining moratorium. PNIA acknowledges the vital importance of environmental protection, but it is equally crucial to recognize that economic growth and environmental sustainability can coexist. Res...
OceanaGold (Philippines), Inc. (OGP), a publicly listed company, has paid a total of PHP397.7 million in local business tax (LBT) to three municipalities in the provinces of Nueva Vizcaya and Quirino for 2025. OGP remitted an LBT of PHP198.9M to Kasibu town in Nueva Vizcaya, and paid PHP119.3M and PHP79.6M to the municipalities of Nagtipunan and Cabarr...
Celsius Resources is pleased to announce that its Philippine affiliate, Makilala Mining Company, Inc., has signed a binding term sheet with Maharlika Investment Corporation which outlines the key terms of a bridge loan facility of up to USD 76.4 million, to fund the Company’s flagship MCB Project. The Facility is intended to fully finance the updating ...
Philex Mining Corporation, added Php136 million core net income and Php 564 million EBITDA in 4Q2024 to the Php610 million core net income and Php1.418 billion EBITDA of the first nine months ended September 30, 2024. Full year 2024 reached core income at Php746 million and EBITDA at Php1.981 billion. Gold and copper prices were at relative higher levels ...
Listed natural resources development company Nickel Asia Corporation has announced its audited financial and operating results for the twelve-month period ended Dec. 31, 2024. NAC reported an attributable net income (net of minority interest) of P1.52 billion, including a P1.55 billion provision for its geothermal investment in Naujan, Oriental Mindoro...
Integrated energy company Semirara Mining and Power Corporation (SMPC) posted P19.6 billion in full year 2024 earnings, a 30-percent decline from P27.9 billion in 2023, as energy markets continued to normalize. “Despite price corrections, we focused on key factors within our control—maximizing production, achieving record-high coal shipments and power ...
The Japan Organization for Metals and Energy Security (JOGMEC) organized the ASEAN-JAPAN Mining Investment Seminar and Site Visit held last February 19-20, 2025 in Tokyo, Japan. The 2-day event aims to provide up-to-date information regarding ASEAN Member States’ legislations, regulations, including tax system and incentives, and promising projects fro...
The Philippine Extractive Industries Transparency Initiative (PH-EITI) spearheaded a side event at the 2025 Open Government Partnership (OGP) Asia-Pacific Regional Meeting, focusing on data interoperability and transparency in the extractive sector. Held on February 4-5, 2025, at the UP College of Law in Bonifacio Global City, Taguig, the event brought to...
Department of Environment and Natural Resources (DENR) Secretary Maria Antonia Yulo Loyzaga has signed a new department administrative order mandating mining companies to incorporate the United Nations’ 17 Sustainable Development Goals (UN SDGs) into their Social Development and Management Programs (SDMPs). SDMP is the five-year comprehensive plan requ...
The Department of Environment and Natural Resources (DENR), through the Mines and Geosciences Bureau (MGB), successfully conducted a “Stakeholders’ Consultation on the Proposed Amendments to DENR Administrative Order (DAO) No. 2010-21” on January 30, 2025, at SEDA Vertis North, Quezon City. The event gathered key stakeholders from the mining industry, gov...
The Department of Environment and Natural Resources (DENR) has issued a new directive mandating mining companies to strengthen their community development programs while addressing biodiversity loss. The administrative order issued by DENR Secretary Maria Antonia Yulo Loyzaga specifically mandates the mining sector to align the United Nations' 17 Susta...
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