Article by: Jake Tan, Product Manager, Fluke South East Asia Pte Ltd The Philippine mining industry, while rich with potential, faces ongoing challenges in operational safety and efficiency. With the landscape of mining continuously evolving through technological innovation, there is a significant shift towards enhancing not only productivity but also ...

In a significant development for the mining industry, the Philsaga Mining Corporation's Project Management and Mine Engineering Team recently conducted a site visit to the OceanaGold Didipio Mine. This visit, which took place last May 2024, was part of an initiative to enhance knowledge of international mining standards and best practices. The team, with ...

Listed natural resources development company Nickel Asia Corporation announced its unaudited financial and operating results for the six-month period ended June 30, 2024, with an attributable net income (net of minority interest) of P1.12 billion, lower than the P1.75 billion reported during the same period last year. Earnings before interest, taxes, d...

Integrated energy company Semirara Mining and Power Corporation (SMPC) posted a 41-percent drop in second-quarter earnings to slightly over P6.0 billion from P10.2 billion the previous year, as coal and electricity prices continued to subside from historic levels. “Despite our efforts to manage costs and improve operational efficiencies, the persistent...

Philex Mining Corporation generated Php305 million core net income and an EBITDA of Php617 million for 2Q2024 compared with the Php314 million core net income and EBITDA of Php553 million for the same period in 2023. This brings a total of Php410 million core net income and a total EBITDA of Php912 million for the first half of 2024. Average realized g...

The gross production value of mineral resources in Davao Region stood at PHP11.7 billion in 2023, an official of the Mines and Geosciences Bureau in the Davao Region (MGB-11) reported Tuesday. During the Kapihan sa Bagong Pilipinas forum here, MGB-11 Officer-in-Charge Beverly Mae Brevante said the region is rich in mineral resources, particularly gold,...

In order to establish a productive and promising joint venture, the Geological Society of the Philippines (GSP) and the Mongolian Society of Economic Geologists (MonSEG) recently signed an Agreement of Cooperation and Exchange between both associations. The signing was held on April 15, 2024. From a statement by Janice Wayan, GSP's Trustee and PR Commi...

As Orica Philippines celebrates its 55th anniversary, the company reflects on its rich history and looks forward to a future of continued innovation and sustainability. Gordon Wallace, country head for Orica Philippines, shared insights into the company's values, achievements, and plans. A Legacy of Safety and Quality Orica’s story in the Philippine...

by: Czarina Mei Laope Initiated by the Department of Environment and Natural Resources (DENR) and the Mines and Geosciences Bureau (MGB), PLASTIKarunungan is a nationwide symposium spearheaded by the Philippine Youth Association for Responsible Mining and Natural Resources (YAMAN Philippines). From Luzon to Mindanao, four organizations were enlisted to...

OceanaGold Corporation in Vancouver, Canada, announced that its wholly owned subsidiary, OceanaGold Philippines, Inc. (OGPI) has completed the initial public offering of 20% of the outstanding common shares of OGPI on the Philippine Stock Exchange (PSE). Trading began on May 13, 2024. The shares are listed under the ticker ‘OGP’. To mark PSE’s first IP...

Environment and Natural Resources Secretary Maria Antonia Yulo Loyzaga called on the mining industry to rethink, invent, and innovate the ways it develops the country’s natural resources, and must evolve to align with the principles of sustainability, stewardship and resilience. “Our nation is at a pivotal juncture where the need to balance economic gr...

An inter-agency meeting will help streamline processes in obtaining small-scale mining permit, Anti-Red Tape Authority (ARTA) Secretary Ernesto Perez said Friday. In a press conference here, Perez said he has met with regional Bangko Sentral ng Pilipinas (BSP) officials and learned that only two small-scale mining organizations are selling their gold p...

Nickel Asia Corporation (NAC) has recently announced the election of two prominent figures, Jose Isidro N. Camacho and James J.K. Hung, to its Board of Directors. Jose Isidro N. Camacho has been appointed as the Chairman, succeeding Gerard H. Brimo, who retired after more than 15 years of service. James J.K. Hung joins the board as an Independent Director...

The 11th ASEAN Senior Officials Meeting on Minerals (ASOMM) Joint Working Group and Associated Meetings was held on 29 April – 3 May 2024 at The Stones Hotel- Legian Bali, Autograph Collection in Bali, Indonesia. The meeting was intended to present updates on the status of the project activities identified under Phase 2 of the ASEAN Minerals Cooperatio...

The Philippine Extractive Industries Transparency Initiative (PH-EITI) held its 90th Multi-Stakeholder Group (MSG) meeting and Mine Visit in Cauayan City, Isabela, and Kasibu, Nueva Viscaya. from May 23-25, 2024, bringing together key stakeholders from government, industry, and civil society to discuss various topics in the implementation of PH-EITI activ...

Mines and Geosciences Bureau Central Office (MGB-CO) technical personnel participated in the Palawan Stakeholders' Congress on Mining and the Environment (PSCME) held last April 24-26, 2024 in Puerto Princesa City. With the theme: "Yours, Mine, Ours," the stakeholders’ congress was organized by the Provincial Government of Palawan. The Congress brought...