Businessman Manuel V. Pangilinan said mining enables green technology to flourish, offer jobs brings and revenues, hence presenting additional economic benefits that uplifts the lives and promote the welfare of the people, particularly in far-flung areas.

The Chamber of Mines fo the Philippines (COMP) welcomes ‘positive changes’ as it kicks off the 2023 Mining Philippines International Conference and Exhibition at the Edsa Shangri-la in Mandaluyong City on Tuesday. In his welcome remarks, Michael Toledo, COMP Chairman, said among the notable positive changes are the the lifting of the moratorium on new ...

The Tampakan Copper Mine Project is one of the world’s largest underdeveloped copper and gold mining project located in the southernmost part of Mindanao. It is held under an FTAA agreement by Sagittarius Mines Inc. The project obtained an FTAA that expires in 2038, and renewable for another 25 years. Mr Roy Deveraturda is a retired Lieutenant General ...

Major capital expenditure is often investors’ main concern when deciding whether to start a mining operation. Many questions need to be taken into consideration – especially those that have financial implications. These include: What roads need building? What fixed plant is needed? How many trucks are required to transport ore? Are rail tracks necessary t...

Environment Secretary Antonia Loyzaga urged mining companies to empower women to lead and provide a platform that can harness their unique perspectives, knowledge and skills. In her address before non-government organization Diwata (Women in Resource Development), Loyzaga said women are typically characterized as the most vulnerable to changes, and their ...

The Philippines has the capacity to supply over 40 million tons of nickel ore to the global market but changes must be made in the permitting process to accelerate growth of the mining industry, a top official of the Philippine Nickel Industry Association (PNIA) said on Tuesday. "We have a potential to supply beyond 40 million tons, probably even more ...

It’s another productive day at Major Drilling. Rigs are humming both above and underground at projects in Canada, the United States, Mexico, South America, Asia, Africa, and Australia. It’s the sound of specialized drilling echoing the leadership of a management team who, with over 1,000 years of combined experience, ensures that quality, safety and resul...

The consolidated gross revenues of Apex Mining Co., Inc. and its subsidiaries in the first half of 2023 reached P5.7 billion —19% higher than the P4.8 billion it reported for the same period in 2022. Meanwhile, the consolidated net income in 1H 2023 was P1.4 billion (P168 million lower versus 1H of 2022). For 1H 2023, Apex Mining’s Maco Mine operations...

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....