MANILA, Philippines – The German Philippine Chamber of Commerce and Industry (GPCCI) welcomes the announcement by the European Union (EU) regarding their intention to explore the relaunch of negotiations for a Free Trade Agreement (FTA) with the Philippines. [1] GPCCI Executive Director, Mr Christopher Zimmer said, "We are glad to see that the EU...

The Tampakan Copper Mine Project is one of the world’s largest underdeveloped copper and gold mining project located in the southernmost part of Mindanao. It is held under an FTAA agreement by Sagittarius Mines Inc. The project obtained an FTAA that expires in 2038, and renewable for another 25 years. Mr Roy Deveraturda is a retired Lieutenant General ...

Major capital expenditure is often investors’ main concern when deciding whether to start a mining operation. Many questions need to be taken into consideration – especially those that have financial implications. These include: What roads need building? What fixed plant is needed? How many trucks are required to transport ore? Are rail tracks necessary t...

The mantra of Taganito HPAL Nickel Corporation (THPAL) in its pursuit to protect and manage the areas around it is "adding value to the environment," as evidenced by its strict implementation of air, noise, and water quality monitoring. The company has successfully implemented an Integrated Farming System, which could be considered a best practice in t...

As proof of its investment in its employees, NAC-Taganito Mining Corporation (TMC) has obtained accreditation from the Professional Regulation Commission (PRC) as Continuing Professional Development (CPD) Provider allowing better access to training and development opportunities. The certification from the CPD Council of Mining Engineering was granted o...

In GHD, the transition to hybrid work presented a once-in-a-generation opportunity to rethink the design and role of its offices. The aim is to create a place where people want to come versus where they must come. Reverting to the status quo was never an option, especially because long commutes are typical in the Philippines. Given this, renovation wor...

Chief Asia is a manufacturer of full-line bulk material handling equipment that focus on providing a whole range of services for agricultural and industrial material handling equipment, including engineer design, equipment manufacture, installation, and commissioning. Our custom-designed equipment can support every aspect of handling heavy-duty loads l...

Obtaining the approval and trust of indigenous people (IPs)/indigenous cultural communities (ICCs) is one of the biggest challenges faced by mining companies operating in areas forming part of their ancestral domains.  In line with the objective of Diwata-Women in Resource Development’s major advocacy of working with indigenous people, with a special e...

Environment Secretary Antonia Loyzaga urged mining companies to empower women to lead and provide a platform that can harness their unique perspectives, knowledge and skills. In her address before non-government organization Diwata (Women in Resource Development), Loyzaga said women are typically characterized as the most vulnerable to changes, and their ...

Department of Public Works and Highways (DPWH) Secretary Manuel M. Bonoan provided the updates of key infrastructure development projects in the Philippines under Official Development Assistance (ODA) of the Government of Japan in a bilateral discussion held at Meiji Kinenkan Chitose Hall in Tokyo, Japan. Secretary Bonoan together with Senior Undersecr...

The Philippines has the capacity to supply over 40 million tons of nickel ore to the global market but changes must be made in the permitting process to accelerate growth of the mining industry, a top official of the Philippine Nickel Industry Association (PNIA) said on Tuesday. "We have a potential to supply beyond 40 million tons, probably even more ...

The regulatory oversight of the mining sector is complex with multiple government administrative agencies and legislative bodies involved in the implementation and drafting of laws in relation to environmental, social, and governance matters. Through active monitoring and close coordination with the mine developer, government regulators can promote enviro...

Celebrating its 10th anniversary, the Philippine Extractive Industries Transparency Initiative (PH-EITI) epitomizes the nation's undying commitment to transparency and accountability within the realms of oil, gas, and mineral resource management. This beacon of transparency, adhering to the global standards set by the EITI, illuminates the Philippine gove...

It’s another productive day at Major Drilling. Rigs are humming both above and underground at projects in Canada, the United States, Mexico, South America, Asia, Africa, and Australia. It’s the sound of specialized drilling echoing the leadership of a management team who, with over 1,000 years of combined experience, ensures that quality, safety and resul...

Construction activities declined in the second quarter of the year, the Philippine Statistics Authority (PSA) reported on Wednesday. The PSA said the number of approved building permits declined by 14.9 percent to 36,136 from 42,478 in the same quarter last year. These permits are equivalent to 7.2 million square meters of floor area valued at PHP87...

The Department of Transportation (DOTr) sees large-scale infrastructure projects thriving under the “efficiency and flexibility” of its partners in the private sector. In his message during the contract signing of four of the DOTr’s Infrastructure Flagship Projects’ (IFP) consultancy services, DOTr Secretary Jaime Bautista said the private sector’s exp...

The consolidated gross revenues of Apex Mining Co., Inc. and its subsidiaries in the first half of 2023 reached P5.7 billion —19% higher than the P4.8 billion it reported for the same period in 2022. Meanwhile, the consolidated net income in 1H 2023 was P1.4 billion (P168 million lower versus 1H of 2022). For 1H 2023, Apex Mining’s Maco Mine operations...

Celsius Resources is pleased to announce the approval of the Mining Project Feasibility Study (“MPFS”) for the Maalinao-Caigutan-Biyog (“MCB”) Project in the Cordillera Administrative Region under its Philippine subsidiary, Makilala Mining Company, Inc. (“MMCI or “the Company”). After a thorough evaluation of the Technical Committee, the Philippine Min...

Hinatuan Mining Corp. (HMC), a subsidiary of Nickel Asia Corp. (NAC), spends P 11.4 million to support the health care services of the Municipality of Tagana-an. Budget used is part of the Corporate Social Responsibility (CSR) of HMC. HMC spent 10M of its CSR for the construction of the Rural Health Unit (RHU) in the Municipality of Tagana-an. The cons...

August 9, 2023 – Global Ferronickel Holdings, Inc. (PSE: FNI) reported consolidated revenues of ₱3.1 billion for the first six months of 2023, up 41.2% from ₱2.2 billion in the prior-year period. Strong volumes and higher-grade ores at Palawan mine were the main drivers of growth, partially offset by weaker prices and lower-than-average volumes at Surigao...

Integrated energy company Semirara Mining and Power Corporation (SMPC) reported P10.2 billion in net income in the second quarter, a 5-percent downtick from its record high of P10.8 billion last year. Despite significant corrections in global coal index prices and the impact of high base effect, SMPC delivered robust financial results because of higher...

Around 76 high-impact infrastructure flagship projects amounting to PHP2.4 billion will be pursued in Mindanao to boost economic development in the region. During the first Philippine Economic Briefing in Davao City on Wednesday, Finance Secretary Benjamin Diokno said some of the infrastructure projects aim to ease congestion and improve connectivity i...

A substantial portion of the proposed PHP214.3 billion budget of the Department of Transportation (DOTr) for 2024 will be earmarked for the implementation of the Marcos administration’s “Build Better More” infrastructure program, the Department of Budget and Management (DBM) said Thursday. In a statement, the DBM said a total of PHP176.4 billion of the...

The construction of the Tacloban causeway project that will provide a shorter route from the city’s downtown to the airport will commence soon after the Department of Public Works and Highways (DPWH) secured the approval of the city council here, an official said on Thursday. DPWH Eastern Visayas regional director Edgar Tabacon said the city council li...