Cement giant Holcim Philippines is ramping up its sustainability efforts with a hefty P370 million investment in its Bacnotan plant in La Union province. The company announced its plans to construct new storage and feeding facilities to boost the use of low-carbon alternative fuels and raw materials by 40 percent. Holcim Philippines president and CE...
Arcadis, the leading global design and consultancy organization for natural and built assets, announced the release of its annual International Construction Cost index (ICC). Compared to last year’s result, Manila has seen a slight improvement in its ranking among the most expensive cities to build in globally. But despite dropping two spots from 81st ...
London-based investment house Actis formalized its USD600 million investments in the Philippines for the development of the country’s largest single-site solar power project. Manila Electric Corp. (Meralco) and SP New Energy Corp (SPNEC) signed an agreement with Actis at Meralco’s headquarters in Pasig City Friday for the Terra Solar project, the large...
Celsius Resources is pleased to announce that its Philippine affiliate, Makilala Mining Company, Inc, has been issued a Certification Precondition (“CP”) from the Philippine National Commission on Indigenous Peoples (“NCIP”) for its flagship Maalinao-Caigutan-Biyog Copper-Gold Project (“MCB”). As the government agency mandated to protect the rights of ...
As the Panguil Bay Bridge Project approaches its completion, Department of Public Works and Highways (DPWH) Senior Undersecretary Emil K. Sadain, along with key officials from the Unified Project Management Office (UPMO) Operations, conducted an on-site inspection on August 23, 2024, to ensure Mindanao’s longest bridge completion is on track for the targe...
The first call-off order of £26m, which includes both ENDURON® large format High Pressure Grinding Rolls (HPGR) and wet screens, will be recognised in Q3 with the remaining orders booked later in 2024 and early 2025. The Weir Group PLC (Weir), a global mining technology leader, has been awarded a £53m contract to provide industry-leading energy efficie...
Weir, a global leader in mining technology, has been awarded the contract to supply a large ø2.4m x 2.25m Enduron® HPGR (high-pressure grinding rolls) for De Grey Mining’s flagship Hemi Gold Project in the Pilbara region in Western Australia. Hemi has a mineral estimate of 10.5Moz and at full capacity, the processing plant will have a nameplate through...
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...
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...
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