Search Results: 2023

The Department of Public Works and Highways (DPWH) is excited to announce significant progress for its Davao City Bypass Construction Project. According to DPWH Senior Undersecretary Emil K. Sadain, the Unified Project Management Office (UPMO) - Roads Management Cluster I (Bilateral) headed by Project Director Benjamin A. Bautista is aiming for faster ...

The local government unit (LGU) of Claver, Surigao del Norte recognized Taganito Mining Corporation (TMC) as one of its highest taxpayers for the year 2022 during the municipality’s Panaghiusa Festival Garbo nan Claver Awards Night on September 11, 2023. TMC gained the following awards: Rank 1, Top Taxpayer Award for Mining Operations; Rank 2, Top Taxp...

The Department of Public Works and Highways (DPWH) has officially signed the contract agreement for the detailed engineering design (DED) of the highly anticipated Panay-Guimaras-Negros Island Bridges Project. DPWH Secretary Manuel M. Bonoan approved on December 20, 2023 the Contract for Consultant’s Services of Yooshin Engineering Corporation in a joi...

Officials of the Department of Public Works and Highways (DPWH), the Ministry of Economy and Finance (MOEF) of the Republic of Korea and the Export-Import Bank of Korea (KEXIM) held an open discussion on the on-going and pipeline infrastructure flagship projects (IFPs) under Official Development Assistance (ODA) financing by Korean Economic Development Co...

Integrated energy company Semirara Mining and Power Corporation (SMPC) achieved a record-breaking coal sales volume of 15.8 million metric tons (MT) in 2023, marking a 6-percent increase from the previous year. The growth was largely fueled by a 13 percent rise in export sales, which surged from 7.1 million MT to 8.1 million MT. In contrast, domestic s...

Global Ferronickel Holdings, Inc. announced recently that its subsidiaries, Platinum Group Metals Corporation (PGMC) and Ipilan Nickel Corporation (Ipilan), have signed an annual sale and purchase agreement with Baosteel Resources International Co., Ltd. (Baosteel). Under the agreement, Baosteel would purchase up to 1.5 million wet metric tons (WMT) of...

QES Technology Philippines, Inc. actively participated at this year’s industry events, which exemplifies their dedication to the advancement of the mining sector. The company took part in the Mining Philippines International Conference and Exhibit, a prestigious gathering organized by the Chamber of Mines of the Philippines, Inc., last September 19-20 at ...

Underground mining operations demand robust and efficient machinery to ensure smooth and productive haulage. Epiroc’s Minetruck MT2200, a high-capacity truck designed to take on the toughest challenges from the depths of the earth, is revolutionizing the mining industry. Building upon the success of its predecessor, the Minetruck MT2010, this powerful wor...

In an effort to foster collaboration and engagement within the construction community, the Department of Public Works and Highways (DPWH) successfully conducted a Contractors Outreach event on December 13, 2023 at the Philippine International Convention Center (PICC), Pasay City for a flagship project that will elevate the Philippines to a landmark status...

The Department of Public Works and Highways (DPWH) is delighted to announce the successful signing of the first tranche of loan with Asian Development (ADB) for the financing of Bataan - Cavite Interlink Bridge (BCIB) Project. In a ceremony on December 15, 2023 at the ADB Headquarters in Ortigas Center, Mandaluyong City, the Government of the Philippin...

As the Philippines’ leading government agency for mining and geosciences, the Mines and Geosciences Bureau (MGB) joined in the 9th ASEAN Ministerial Meeting on Minerals (AMMin) and 23rd ASEAN Senior Officials on Minerals Meeting (ASOMM) that took place in Phnom Penh, Cambodia from November 21 to 23 under the theme "Advancing ASEAN as a Sustainable Mineral...

Sykes Group, a leading name in the realm of dewatering pump solutions, is excited to announce the launch of its latest innovation, the Sykes / Primax XH250. Developed with the distinct requirements of the mining and quarry industries in mind, the XH250 is set to revolutionise dewatering operations in these sectors. Mines and quarries are continually ex...

An assessment of progress and consultation with the relevant stakeholders was undertaken by the Steering Committee of the Department of Public Works and Highways (DPWH) for the implementation of Road Network Development Project in Conflict-Affected Areas in Mindanao (RNDP-CAAM) to enhance infrastructure project delivery in the Bangsamoro Autonomous Region...

The Department of Public Works and Highways (DPWH) is stepping-up efforts in its preparation of the civil works activities for Bataan-Cavite Interlink Bridge (BCIB) Project by discussing anticipated isssues and concerns with maritime agencies and other relevant stakeholders. DPWH Unified Project Management Office - Roads Management Cluster 2 (Multilate...

The Department of Environment and Natural Resources (DENR) is set to revise guidelines for the Social Development and Management Programs (SDMP) of mining firms in the Philippines to align these with Sustainable Development Goals (SDGs) and guarantee enduring benefits for host communities, extending beyond the life of the mining operations. According t...

Listed natural resources development firm Nickel Asia Corp. (NAC) (PSE: NIKL) announced its unaudited financial and operating results for the nine-month period ended September 30, 2023. During the period, the Company recorded an attributable net income (net of minority interest) of P3.6 billion, down 47 percent from P6.9 billion year-on-year. This is o...

The consolidated gross revenues for the nine months of 2023 (ending September 30) of Apex Mining Co., Inc. and its subsidiaries reached P8.7 billion — 17% higher than the P7.5 billion it reported for the same period in 2022. The consolidated net income, however, was lower by 6% at P2.3 billion compared to P2.5 billion as of 30 September 2022. Its Q3 2023 ...

Philex Mining Corporation (PSE: PX) (the “Company” or “Philex”), one of the oldest and largest gold and copper producers in Southeast Asia, and a leader in right and principled mining, posted a core net income of Php163 million for 3Q2023, reporting a 9M2023 core net income of Php864 million. Core net income for 3Q2022 was at Php210 million while core net...