Photo credit: Global Ferronickel Holdings Global Ferronickel Holdings, Inc. (PSE: FNI) delivered resilient financial results and key operating achievements in 2022, with net income growing 9% to ₱2.2 billion and earnings before interest, taxes, depreciation, and amortization (EBITDA) margin expanding to 48% from 39% in the previous year. “Our perfor...
Photo credit: Department of Public Works and Highways President Ferdinand R. Marcos Jr. on Monday, March 27, 2023 led the ceremonial inauguration of the first section of the NLEX-SLEX Connector Road Project from C-3 Road in Caloocan City to España Boulevard, Manila. Joining the President were Department of Public Works and Highways (DPWH) Secretary ...
The Australian Government’s Partnerships for Infrastructure (P4I) initiative has officially launched in the Philippines to drive sustainable, inclusive and resilient growth through quality infrastructure. Held in Manila on 24 March, the event was hosted by Australian Ambassador to the Philippines HK Yu PSM, who was joined by Dr. Benjamin E. Diokno, Se...
Integral, a purveyor of market-leading process control solutions in the Philippines, celebrates its 20th anniversary this 2023. The event, held in EDSA Shangri-La, was attended by the company’s employees, clients, and supply chain partners. The celebration was a showcase of Integral’s history. But more importantly, it highlighted lessons the compa...
MANILA, Philippines – On 21 March 2023, the German-Philippine Chamber of Commerce and Industry (GPCCI) in cooperation with the Philippine Energy Efficiency Alliance (PE2) and Cold Chain Association of the Philippines (CCAP) organized a conference entitled “Energy Efficiency and Solar for Buildings”. The conference was held in Makati Diamond Residences ...
As the Marcos administration becomes bullish in utilizing a public-private partnership (PPP) model in infrastructure projects, the Australian government will be providing its technical expertise in rolling out infrastructure projects under the PPP. Australian Ambassador to the Philippines Hae Kyong Yu PSM told the Philippine News Agency in an interview...
Photo credit: Department of Transportation Several big-ticket infrastructure projects in the transportation sector have been approved or are already being implemented by the administration of President Ferdinand R. Marcos Jr., the Department of Transportation (DOTr) reported Monday. In a statement, the DOTr said the Cebu Bus Rapid Transit Project, D...
Photo credit: Global Ferronickel Holdings Global Ferronickel Holdings, Inc. (FNI), has just signed an Annual Purchase Agreement with Baosteel Resources International Co. Ltd. for the supply of 1.5 million WMT of nickel ore for the 2023 mining season. The nickel ore will be coming from FNI’s operating mines in Surigao del Norte and Palawan, operated by ...
Photo: Signing of Binding Deed and Agreement (Left to right: PMR Holding Corp. President Dan Chalmers, CLA Chairman and MMCI President Atty. Julito “Sarge” Sarmiento, Sodor, Inc. President Ms. Erika Chalmers, and CLA Executive Director and MMCI Country Operations Director, Peter Hume). Celsius Resources Limited is pleased to announce that on 17 March ...
Photo credit: Marcelle Villegas Environment Secretary Antonia Loyzaga has underscored the need for the mining sector to prioritize actions to end gender inequality as part of the effort to promote responsible mining. In her keynote speech, Secretary Loyzaga underscored the need to ensure that women’s representation in the mining industry is meaningf...
[Baguio City] After two years of postponement due to the COVID-19 pandemic, The Philippine Mine Safety and Environment Association (PMSEA) finally returned last year to launch once again the Annual National Mine Safety and Environment Conference in Baguio City (ANMSEC) on its 68th year. It has been a tradition for decades that stakeholders and other parti...
Photo credit: The Department of Public Works and Highways Progress of the Panguil Bay Bridge Project, the longest water-spanning bridge in Northern Mindanao, is now more visible at 63 percent complete as the Department of Public Works and Highways (DPWH) has started constructing the bridge top slab on both ends in Tangub, Misamis Occidental and Tubod, ...
Photo credit: DPWH The construction of the PHP175.7-billion Bataan-Cavite Interlink Bridge Project will start towards the latter part of the year, the Department of Public Works and Highways (DPWH) said Tuesday. In a Palace press briefing, DPWH Secretary Manuel Bonoan said the 32-kilometer project, which was initially expected to begin construction ...
Photo credit: Taganito Mining Natural resources development company Nickel Asia Corporation logged an attributable net income (net of minority interest) of P7.93 billion for 2022, an increase of 1.5 percent from the P7.81 billion it reported in 2021, based on its audited financial and operating results. Earnings before interest, tax, depreciation, a...
Photo: Participants from MGB Central and Regional Offices, JOGMEC, and JMEC capping off the seminar The Mines and Geosciences Bureau (MGB) and Japan Organization for Metals and Energy Security (JOGMEC) organized a Seminar on Environmental Cooperation last February 23, 2023 at Park Inn Radisson Hotel North EDSA, Quezon City. The seminar, which was at...
Photo credit: The Department of Public Works and Highways The Department of Public Works and Highways (DPWH) announced that preparatory survey of the proposed Dalton Pass East Alternative Road Project is on-going and target for completion by third quarter of 2023. A kick-off meeting between DPWH Secretary Manuel M. Bonoan with Senior Undersecretary...
“The most critical metal required to drive the global electrification and demand for carbon-neutral economies is copper, simply because of its ability to conduct electricity.” ~ Douglas Kirwin
Before the year ended, the Philippine Mining and Exploration Association (PMEA) invited Retired Lieutenant General Roy O. Deveraturda as the keynote speaker for the November PMEA Monthly Membership Meeting. As the newly appointed president of Sagittarius Mines, Inc. he reported some updates on the Tampakan Project”. Mr Roy Deveraturda is a former lieu...
Taganito Mining Corporation (TMC), a subsidiary of natural resources development firm Nickel Asia Corp. (NAC), once again demonstrated its adherence to ESG (Environment, Social, and Governance) compliance by winning the major awards during the 68th Annual National Mine, Safety, and Environment Conference on Nov. 18, 2022. TMC bagged the Presidential M...
Photo credit: Masbate Gold Project The Mines and Geosciences Bureau (MGB) reported Wednesday metallic mineral production value surged by 31.73 percent to PHP238.05 billion in 2022 from PHP180.71 billion the previous year. The growth was achieved despite the twin impact of the coronavirus disease 2019 (Covid-19) pandemic and the ongoing Russia-Ukrain...
Photo credit: Atlas Consolidated Mining and Development Corporation Atlas Consolidated Mining and Development Corporation ended 2022 with a consolidated Net Income After Tax (NIAT) of Php 3.2 billion, lower by 17% from Php 3.9 billion in 2021. The lower NIAT was mainly due to the unprecedented spikes in fuel and energy prices that resulted in higher op...
Mining operations use a combination of metallurgical processes for mineral extraction. This often involves flotation to produce a mineral concentrate followed by smelting or leaching to recover the final product(s). Knowing the quantitative mineralogy at each of these stages is important to optimizing the effective and efficient recovery of a valuable min...
The practice of in-service oil analysis or used oil analysis started over a century ago on locomotive engines. Now it is one of the most important components of condition based maintenance (CBM), a practice of assessing a machine’s condition by periodically gathering data on key machine health indicators to determine maintenance schedules. Billions of dol...
Photo: Bataan nuclear power plant - Credit: JAY DIRECTO, AFP/GETTY IMAGES The House Special Committee on Nuclear Energy on Tuesday adopted a resolution calling on the Department of Energy (DOE) to create a Nuclear Energy Division within its organization. During the hearing, the panel, chaired by Pangasinan Representative Mark Cojuangco, adopted Hous...
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