The early design stages are the best time to fully explore ground risks and focus teams on mitigation and intervention, before a project gets too far down the track. Doing this formally and methodically through the Potential Failure Mode Analysis (PFMA) framework offers best-case potential for project success. How PFMA works in Geotechnical Engineering...

Integrating new digital workflows New innovative technology used in mining is generating more detailed data than ever before. LiDAR scans of underground excavations create 3D, high resolution, georeferenced images of rockface. This information can be utilised to provide better grade control, cut costs, and increase productivity. However, mining organis...

Listed mining firm OceanaGold Philippines Inc. is expected to have higher gold and copper production in the second half of the year, its parent firm said. "So we see quarter three will be stronger than quarter two and quarter four will be stronger than quarter three," OceanaGold Corporation chief operating officer for Asia-Pacific Peter Sharpe said in ...

The consolidated net income of Apex Mining group (Apex Mining plus its subsidiaries) for the first half of 2024 reached P1.89 billion — P492.3 million (35%) higher than the same period in 2023 (P1.40 billion). The growth drivers are the surge in realized gold price, gold ounces sold and the depreciation of the peso against the dollar. Quarter on quarte...

Global Ferronickel Holdings, Inc. (PSE: FNI), a leading nickel ore producer in the Philippines, reported first half 2024 revenues of ₱3.079 billion, net income attributable to shareholders of ₱207.1 million, and earnings per share of ₱0.0404. “We finished the first half of the year with strong operational and cost performance,” FNI President Dante R. B...

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...