The global nickel market has recently experienced a significant downturn, marked by a sharp decline in nickel prices, plummeting by over 50% within 12 months. This unsettling trend has reverberated across nickel mines worldwide, impacting the Philippine mining industry. As nickel prices continue their downward spiral, Philippine mines face mounting cha...

The first phase of the Mindanao Railway Project (MRP) is set to begin with pre-construction activities in Davao City, Tagum and Digos while the search for the project’s funding continues. During a town hall meeting on the railway sector in Davao City Tuesday, Department of Transportation (DOTr) Secretary Jaime Bautista said alternative funding sources ...

Senior representatives from several key government agencies in the Philippines including the Department of Public Works and Highways (DPWH) participated on a familiarization visit in the United Kingdom per invitation of British Embassy Manila to the Department of Finance (DOF), to explore ways of financing and delivering new sustainable infrastructure pro...

Celsius Resources Limited is pleased to announce an updated JORC compliant Mineral Resource estimate (“MRE”) for the Sagay Copper Project (“Sagay” or “Project”), held under its Philippine Subsidiary, Tambuli Mining Company, Inc (“TMCI”) and located at the Island of Negros in the Philippines. The update to the MRE at Sagay is largely based on the result...

The Didipio Gold-Copper Mine has set aside PhP 169 million for its Community Development Fund (CDF) this year, benefitting 52 barangays in the provinces of Nueva Vizcaya and Quirino. This is a 24% increase from their 2023 allocation of PhP 136 million. “We have expanded the CDF coverage to 52 barangays in 2024 from 44 last year. This is proof of our co...

Celsius Resources Limited is well-positioned to capitalise on the burgeoning copper market, financial services company WH Ireland has revealed in a research note. Subject to approvals and funding, WH Ireland believes the Company’s portfolio of advanced projects in the Philippines, near-term production potential, and favourable long-term outlook, presen...

The Department of Transportation (DOTr) has encouraged the private sector to invest in the government’s several transportation projects under the public-private partnership (PPP). During his speech before the Philippine Chamber of Commerce and Industry in Makati City Thursday, DOTr Secretary Jaime Bautista said such investments are “highly investible” ...

The Panguil Bay Bridge, Mindanao's longest bridge under construction, is now 88 percent complete. The Lanao del Norte province wants it opened sooner by fielding its own equipment. In a statement on Tuesday, Governor Imelda Dimaporo said the acquisition of added equipment, such as an amphibious excavator, can fast-track the dredging not only of the ...

Vietnam’s largest real estate firm Vingroup has expressed interest in investing in the production of electric vehicle (EV) batteries in the Philippines, Malacañang said Tuesday. The plan was discussed during President Ferdinand R. Marcos Jr.’s meeting with Vingroup executives on the first day of his state visit to Vietnam on Monday, Presidential Commun...

The United States (US) government has offered its support to the Philippines in developing the country’s mineral processing and renewable energy (RE) sectors. US Under Secretary for Economic Growth, Energy, and the Environment Jose Fernandez said in an interview here Tuesday that the US government can help the Marcos administration to engage with count...

 The Canadian Chamber of Commerce of the Philippines hosted an online Business Briefing on Jan. 25, 2024, Thursday. This is the first of their series for the year with the title "Mining: Update on Major Issues". CanCham President, Julian H. Payne hosted the online event along with CanCham's Assistant Corporate Secretary, Maria Rowena Gempesaw-Cuyno, wi...

Part 1: Defining Objectives, Stope Optimization, Stability Analysis and Schedule By Engr. Mae Ann R. Cabasag In today's mining industry, meeting market demand while ensuring sustainable extraction of Earth's resources is paramount. Given that market forces and changing conditions can greatly affect a mining company’s ability to meet market demand, ...

The construction industry is a key contributor to the Philippine economy. The Philippine government’s flagship infrastructure project, which was renamed “Build Better More” by the current administration, was introduced to propel the country to achieve a more developed and connected life among Filipinos. One of the big projects is the Metro Manila Subway P...

A lawmaker on Monday proposed the construction of two light rail lines on C5 Road and Metro Manila Skyway to ease the traffic congestion in Metro Manila. Manila Rep. Joel Chua, vice chair of the House Committee on Metro Manila Development, said he is willing to support through future national budgets the conduct of feasibility studies for these new lig...

Danish firm Copenhagen Infrastructure Partners (CIP) is investing PHP108 billion to develop the 650 megawatt (MW) offshore wind power project in Northern Samar, the provincial government announced on Friday. The local government said that Board of Investments (BOI) Assistance Service Director Ernesto de los Reyes confirmed this in a meeting with Govern...

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 ...

To boost food security in the town and support local farmers, Taganito Mining Corp. (TMC) handed over a P22-million rice mill complex facility to the Claver Red Mountain Cooperative (CREMACO) last Sept. 6 in Claver town, Surigao del Norte province. The rice mill complex, to be situated in Barangay Daywan, is equipped with a milling building, a mechanic...

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...

Hunan Wuxin Tunnel Intelligent Equipment Co., Ltd.（Uniroc -- overseas brand） founded in 2010, is a listed company in Beijing Stock Exchange (stock code: 835174), focusing on the research and development, manufacturing and sales of complete sets of equipment for drilling and blasting tunnel construction and underground mining. The company's business cov...

“One of the first conditions of happiness is that the link between man and nature shall not be broken.” Leo Tolstoy Hinatuan Mining Corporation-Tagana-an Nickel Project (HMC-TNP) joined this year’s Earth Day celebration with the theme “Invest In Our Planet”. HMC-TNP invested for a brighter future through addressing environmental challenges with diff...

In today's ever-evolving economy, where global shortages in natural rubber resources pose significant challenges to the Off-The-Road (OTR) tire industry, it's essential to have a reliable partner who can help you find the right tires for your specific needs. Enter HIGANTIS, the industry specialists in OTR Tires, who have been redefining the standards of e...

As the world’s leading geotechnical and geo-data specialist, Fugro is dedicated to supporting civil and marine engineering projects across the globe. The company’s expertise in data acquisition, analysis, and advice have helped its clients mitigate risks throughout the entire infrastructure lifecycle, from design to construction and operation. Founded ...

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...