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...

The Department of Public Works and Highways (DPWH) is intensifying its efforts to advance the “Build Better More” agenda of President Ferdinand R. Marcos Jr. administration to accelerate infrastructure development, with continued support from the Asian Development Bank (ADB). During a consultation meeting held on August 15, 2024, at ADB Headquarters in...

The Philippines is undergoing a rail infrastructure revival. Once a cornerstone of transportation, the rail infrastructure suffered decades of neglect. The government is now aggressively investing to modernize rail transport, addressing urban congestion and boosting economic growth. Bricsa Consulting is honoured to announce Philippines Rail 2024, a piv...

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...

The Department of Public Works and Highways (DPWH) is preparing to implement the PHP1.5 billion third phase of the Daniel Z. Romualdez Airport's passenger terminal building construction here. The third phase covers the provision of public toilets, ticketing booths, waiting areas and waiting sheds. Other components are rescue and firefighting facilit...

President Ferdinand R. Marcos Jr. on Friday vowed that his administration would continue pursuing job-generating initiatives that could help in further transforming the Philippine economy. Marcos made the pledge, as he attributed the 6.3-percent economic growth in the second quarter of 2024 to the increase in investments and construction under the Buil...

Part 1 A group of an all-Filipino Mining Engineers worked under the auspices of Paramina Earth Technologies, Inc. (PARAMINA) for a civil construction tunnel project.  These Mining Engineers developed and excavated an 8m wide x 7m high x 1,011m long tunnel safely, without a single lost time accident (LTA) accident and or rockfall incident as a Subcontra...

In today's globalized society, businesses are expected to do more than just to make a profit. They are increasingly seen as catalysts for a positive change all over the world, supporting the growth and well-being of local communities is a keyway for businesses to make a positive impact in the areas they operate in. In the municipality of Claver, provin...

Listed natural resources Nickel Asia Corporation (NAC), in partnership with Taganito HPAL Nickel Corporation, the Provincial Government of Surigao del Norte, and volunteer teams from Medical Mission to Heaven Foundation and Adventist Manila Medical Center, provided surgical care to over 500 patients, significantly enhancing access to quality healthcare ac...

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...

The Department of Public Works and Highways (DPWH) is making significant headway in the Province of Tawi-Tawi, part of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), with the construction of key bridges which are visibly progressing aimed at improving regional connectivity and boosting economic growth. DPWH Senior Undersecretary Emil K. S...

Countries like the US, Australia, Britain, Canada, China, and the EU Nations have expressed interest in nickel ore mining in the Philippines. This was mentioned by Environment Secretary Maria Antonia Yulo-Loyzaga in her speech during a mining conference organized by the Stratbase ADR Institute, in partnership with the Department of Environment and Natural...

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...

In the male-dominated industries like mining and construction, how is it possible to promote workplace gender equality and women empowerment? “Investing in Women” offers solutions and opportunities for discussion to address gender-related issues. The Australian Government recently launched the new phase of its “Investing in Women” program in the Philip...

It was an exciting Monday morning at the Ayala Greenfield in Calamba, Laguna during the 11th Annual PMEA Invitational Golf Tournament. The much-awaited, annual sporting event among members of the Philippine Mining and Exploration Association was held on April 22, 2024.

President Ferdinand Marcos Jr. received resounding rounds of applause several times during his third State of the Nation Address 2024 (SONA), particularly on the final part of his speech when he announced the ban on Philippine Offshore Gaming Operators (POGO). The SONA 2024 was held on Monday, July 22, 2024, at the Batasang Pambansa Complex in Quezon C...

Weir, a global leader in innovative mining technology, has launched the all-new ENDURON® Orbital range of vibrating screens. Engineered for sand and aggregate, construction, and small tonnage mining operations, the new screens are designed to meet the most demanding of applications. Featuring an all-bolted construction, the screens significantly improv...

Progress continues to surge forward on the Davao River (Bucana) Bridge Project of the Department of Public Works and Highways (DPWH) in Davao City. In his inspection report to DPWH Secretary Manuel M. Bonoan, Senior Undersecretary Emil K. Sadain said that the construction of the 1.34-kilometer, four (4)-lane, six (6)-span extradosed bridge and its appr...

The highly anticipated modern scenic bridge project, implemented by the Department of Public Works and Highways (DPWH), connecting the Island Garden City of Samal (IGaCoS) and Davao City, has made significant strides in both design and construction. In his inspection report to DPWH Secretary Manuel M. Bonoan, Senior Undersecretary Emil K. Sadain highli...

The Department of Public Works and Highways (DPWH) is advancing steadily on the Davao City Bypass Construction Project (DCBCP), with ongoing efforts in tunnel waterproofing and the construction of concrete arch and invert linings for the two (2)-lane northbound and southbound tunnels. Senior Undersecretary Emil K. Sadain, in-charge of DPWH infrastructu...