Listed natural resources development company Nickel Asia Corporation (NAC) announced recently its unaudited financial and operating results for the nine-month period ended Sept. 30, 2024, with an attributable net income (net of minority interest) of P2.55 billion, lower than the P3.65 billion reported during the same period last year. Earnings before i...
The recent October monthly meeting of the Philippine Mining and Exploration Association (PMEA) was filled to capacity as industry players eagerly awaited the keynote of newly appointed Department of Environment and Natural Resources (DENR) Assistant Secretary (ASec.) for Mining Concerns and concurrent OIC Director of the Mines & Geosciences Bureau (MG...
(Part One of Two) Written by Noel B. Lazaro, Eveart Grace P. Claro, Judd Yonder L. Reyes, and Marielle D. Marbella In the foothills of Brooke’s Point, Palawan, the air is thick with purpose as workers press seedlings into the earth, each one a small promise for a greener future. Two years into its operation, the Ipilan Nickel Project has planted nea...
It has been almost four decades since I have worked in the resources and energy industry. My career history can be set against the backdrop of the ups and downs of the industry starting from the time I began working as a government petroleum geologist up to the present where I am both a government regulator and a private law practitioner. I witnes...
The Weir Group PLC (Weir), a global mining technology leader, has been awarded contracts to supply its market-leading WARMAN® slurry pumps and CAVEX® hydrocyclones to Teck’s Highland Valley Copper (HVC) Mine Life Extension (MLE) project in Canada. Teck’s Highland Valley Copper Mine Life Extension Project aims to extend the mine’s operational life by en...
At MMD, our strong focus on innovation and community engagement plays a key role in shaping our future path. We believe that progress involves not only advancing technology but also a positive, sustainable impact on society and the environment. As we continue to develop groundbreaking products, we remain dedicated to addressing global challenges, supporti...
The new Minetruck MT66 S eDrive is the first of Epiroc’s large-capacity mine trucks to feature the latest generation electric drivetrain. Along with an upgraded and powerful diesel-engine, the hauler combines the cost-effectiveness of a traditional mine truck with the productivity of an electric one – without requiring change to a mine’s infrastructure. ...
The Asian Development Bank (ADB) has approved up to almost USD1.7 billion in funding for the Laguna Lakeshore Road Network Project (LLRN) to promote regional connectivity and reduce travel time between Manila and Laguna province. In a statement on Thursday, the ADB said the amount will be used to help build a climate-resilient 37.5-kilometer (km) expre...
Philex Mining Corporation generated Php200 million core net income and an EBITDA of Php506 million for 3Q2024 compared with the Php163 million core net income and EBITDA of Php337 million for the same period in 2023. This brings a total of Php610 million core net income and a total EBITDA of Php1.418 billion for the first nine months of 2024 compared with...
Global Ferronickel Holdings, Inc. a leading nickel ore producer in the Philippines, reported revenues of ₱5.732 billion, net income attributable to shareholders of ₱502.6 million, and earnings per share of ₱0.0981 for the first nine months of 2024. “We continue to focus on operating efficiently and managing cost, while building and keeping momentum,” F...
Apex Mining Company Inc., in partnership with SBF Phil. Drilling Resources Corp., recently conducted a medical outreach program with the goal of helping the entire community of Barangay Panibasan, Maco Davao De Oro. Free medical services and legal consultation were provided to the people, including medical check-ups by our doctors and free medicines, v...
The TVI Resource Development Philippines Inc. (TVIRD) Group of Companies continues to push the standard for occupational safety and health within the Philippine mining industry through is parallel victories in the regional leg of the coveted Gawad Kaligtasan at Kalusugan (GKK) Award. The company’s Balabag Gold-Silver Project in Zamboanga del Sur, along...
Showing its commitment to transforming the industry through safer, more productive and more sustainable drilling solutions. Sandvik recently launched the Centrevo digital suite, which empowers customers through a vast array of rock tools performance data, business insights and expert support. By enabling connected collaborations, with easy-access data ...
Integrated energy company Semirara Mining and Power Corporation (SMPC) reported an 8-percent drop in third-quarter earnings to P3.1 billion, from P3.4 billion in the same period last year, primarily due to reduced contribution from the coal segment amid stabilizing market indices. “As anticipated, stabilizing market prices exerted pressure on our margi...
[Oct. 17, 2024] The Westin Manila -- Digging Deeper: A Mining Philippines Policy Forum is a one-day conference that tackles the most pressing legal and regulatory issues of the mining industry today. On his Welcome Address, Atty. Michael T. Toledo, Chairman at Chamber of Mines of the Philippines, emphasized the need to address key challenges in the cou...
During a mid-year mining event by the Philippine Mining Club, guest speaker, Dante R. Bravo, discussed the Philippine mining industry’s growth, particularly nickel, amidst global trends on green technologies. Bravo is a member of the Board of Trustee of the Chamber of Mines of the Philippines and President of the Philippine Nickel Industry Association, In...
[Oct. 2-3, 2024] City of Dreams Manila, Parañaque -- The 4th Philippine Roads, Bridges, and Tunnels Summit is a well-received and successful infrastructure event. It brought together key stakeholders in the infrastructure sector, as the Department of Public Works and Highways (DPWH) prepares to allocate a staggering Php822.22B for 2024. [1] This substanti...
On October 7th, Philippine Mining and Exploration Association (PMEA) President, Joey Nelson R. Ayson, reported PMEA Matters and Industry Updates during the association's Monthly Membership Meeting in Makati.
Here’s something to look forward to this December. Taguig City, Metro Manila, Philippines — September 3, 2024 The Geological Society of the Philippines (GSP) officially launched GEOCON 2024 at the PNOC Networking Hall. As the country’s leading geological conference, the launch provided an exclusive preview of the upcoming conference, set to take pla...
The Philippine Mining Club Luncheon held on September 20 2024, featured a panel of high-profile speakers, each presenting their expertise and insights on the future of the mining industry. The event, co-hosted by Nickel Asia Corporation, Xcalibur Smart Mapping, and the Australian Embassy in the Philippines, brought together key players to discuss the late...
An Executive Order (E.O.) that will define and establish a policy on mining royalty is being drafted by the Department of Environment and Natural Resources (DENR), to be passed for approval by Malacañang. At a recent Mining Philippines event, Digging Deeper: A Mining Policy Forum, Prof. Carlos Primo David, DENR Undersecretary for Integrated Sciences, s...
Last Oct. 7th, the Philippine Mining and Exploration Association’s (PMEA) Monthly Membership Meeting had a full house as members were eager to meet and welcome the newest, concurrent OIC Director of MGB, Engr. Michael V. Cabalda. He is also the Assistant Secretary for Mining Concerns, Mines and Geosciences Bureau, DENR.
By: Minette Fhae Aralar The Philippine Youth Association for Responsible Mining and Natural Resources (YAMAN Philippines) will host the 9th YAMAN Student Congress in Baguio City from November 19-22, 2024, gathering 200 delegates under the theme "HIBLA: Habi ng Mina’t Kultura" to celebrate the diversity and unity of youth organizations in mining, geolog...
The Philippine Nickel Industry Association (PNIA) has announced a PHP 4.3 billion investment from its members for 2023, aimed at advancing key Sustainable Development Goals (SDGs) that foster community development and resilience through their Environmental Enhancement and Protection, Social Development and Management, and Corporate Social Responsibility P...
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