Photo credit: Department of Public Works and Highways The expressway project in Central Luzon at the connection of Subic-Clark-Tarlac Expressway (SCTEX)/Tarlac-Pangasinan-La Union Expressway (TPLEX) in Tarlac City, Tarlac is targetted by the Department of Public Works and Highways (DPWH) to be operational up to San Juan, Aliaga, Nueva Ecija toward the...

Photo credit: Department of Public Works and Highways The Department of Public Works and Highways (DPWH) maintains a keen focus in partially opening by 2024 the first 10.7-kilometer central portion of the 45.5-kilometer Davao City Bypass Construction Project by accelerating on-going excavation activities in the construction of twin tube road mountain t...

Photo credit: Department of Public Works and Highways Filipino and Japanese experts are working to better prepare the Philippines from threats of climate change by discussing strategies on how to mitigate the adverse effects of flooding. The Department of Public Works and Highways (DPWH), through its Unified Project Management Office – Flood Control...

Photo credit: Department of Public Works and Highways The Department of Public Works and Highways (DPWH) is now working on projects that will address the deficit of road network in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). Simultaneous to DPWH Senior Undersecretary Emil K. Sadain’s participation at the 12th Intergovernmental Relat...

Photo credit: Bilyonaryo  Mr. Felipe U. Yap, Chairman and CEO of Manila Mining Corporation (“MMC”), is pleased to announce the exciting and economically significant gold and copper exploration drilling results from four well-controlled, deep diamond core holes completed below MMC’s historical Ntina open pit gold mine. The drilling programme has been...

President Ferdinand R. Marcos Jr. on Thursday expressed readiness to partner with China for possible joint oil exploration in the West Philippine Sea (WPS). In a media interview in Quezon City, Marcos broached the idea of exploring other ways to ensure the immediate development of oil and gas resources in the contested waters. Marcos made the remark...

Photo: Philippine Nuclear Research Institute Director Carlo Arcilla. Credit: Philippine News Agency The Philippines is open to nuclear energy negotiations with other countries aside from the United States, an official of the Philippine Nuclear Research Institute (PNRI) said Tuesday. Currently, the country is in discussion with the US for the 123 Agr...

Photo credit: Global Ferronickel Holdings Global Ferronickel Holdings, Inc. (FNI), a diversified Filipino company with interests in ferronickel ore mining and processing, logistics and port operations, and cement and steel production, recorded a net income of P2.13 billion in the nine-month period that ended September compared to the P1.86 billion it p...

Photo Credit: dmcihouse.net DMCI Mining Corporation saw its net income decline by 17 percent from P1.41 billion to P1.17 billion during the first nine months of the year owing to lower nickel ore shipments and average nickel grade sold. “We expected a severe profit decline because of the depletion of our Berong mine late last year. Fortunately, the ...

Developing the electric vehicle (EV) industry is opening new opportunities for the Philippine mining sector, a company executive said Wednesday.  In a media roundtable, DMCI Mining president Tulsi Das Reyes said the e-vehicle sector has provided new opportunities for the mining industry and his company is keen to take part in this development. He de...

Two Surigao del Norte-based affiliates of Nickel Asia Corp. (NAC) have been awardees of the prestigious Presidential Mineral Industry Environmental Award (PMIEA) for this year. In a statement Tuesday, NAC said Hinatuan Mining Corporation (HMC) in Taganaan town and Taganito Mining Corporation (TMC) in Claver town received the PMIEA at the 68th Annual Na...

Photo: President Ferdinand R. Marcos Jr. meets with Department of Environment and Natural Resources officials at Malacañan Palace on Tuesday (Nov. 22, 2022). Marcos directed the department to require small and large-scale mining firms to comply with policies that ensure safe working conditions for miners. (Photo courtesy of Malacañang) President Ferdin...

Photo credit: The US Trade and Development Agency During her recent travel to Manila, U.S. Vice President Kamala Harris launched a U.S. Trade and Development Agency grant to Eramen Minerals, Inc. (EMI), a Filipino mining company, for a feasibility study to advance the development of an environmentally sustainable nickel processing facility in the Phili...

Most industries are dependent on fossil fuels to operate. However, in response to climate change, there is a global trend that encourages countries to join in the energy transition of using green technologies. While in theory, this strategy looks promising and feasible. However, in some countries, like in the Philippines, this is a major challenge. Thi...

Photo credit: Celsius Resources Limited Celsius Resources Limited is pleased to announce that one of its Philippine subsidiaries, Makilala Mining Company, Inc. (“MMCI”) has obtained the consent of the Balatoc Indigenous Cultural Community (ICC) for the development of the Company’s MaalinaoCaigutan-Biyog (MCB) Copper-Gold Project (“MCB” or “the Project”...

Photo credit: Apex Mining Apex Mining Co., Inc. is enjoying the fruits of its continuous expansion program with both the 3Q2022 and 9mo2022 results at an all-time high. Production for the 3Q2022 stood at 26,962 oz for gold and 100,899 oz for silver. The volume was 35% and 15% higher, respectively, than previous year’s production. The Maco mine mille...

Photo credit: The Department of Public Works and Highways The Department of Public Works and Highways (DPWH) is targeting to commence by first quarter of 2023 the detailed engineering design (DED) activities of a long-time dream project for the people of Western Visayas. In his report to DPWH Secretary Manuel M. Bonoan, Senior Undersecretary Emil K....

Photo credit: DENR The Department of Environment and Natural Resources (DENR) said it shall boost the potential of the mining sector to support the country’s economic growth and development under the Marcos administration.  In the 48th Philippine Business Conference and Expo hosted by the Philippine Chamber of Commerce and Industry held on October 1...

Nickel Asia Corporation recently announced its unaudited financial and operating results for the nine-month period ended September 30, 2022, with an attributable net income (net of minority interest) of P6.90 billion, up 12 percent from the P6.17 billion reported during the same period last year. Earnings before interest, tax, depreciation, and amortizati...

Finance Secretary Benjamin Diokno has cited the importance of improving the inclusive and data-informed management of the extractive industries in driving long-term economic expansion as he cited its PHP363-billion contribution to government revenues from 2012 to 2019. “With the Marcos administration banking on the potential of the extractive sector to...

Photo: President Ferdinand R. Marcos Jr. presides over a meeting with Department of Energy officials at Malacañan Palace in Manila on Wednesday (Nov. 19, 2022). They discussed "immediate and medium-term" plans to improve the energy sector. (Photo courtesy of OP) President Ferdinand R. Marcos Jr. has given his nod to the Department of Energy's plan to e...

Photo credit: BusinessWorld The House Committee on Energy on Thursday formed a technical working group (TWG) to discuss the proposal to pursue the development of the country's natural gas industry, which is a legislative priority of President Ferdinand R. Marcos Jr. In his opening remarks, committee chair and Marinduque Rep. Lord Allan Velasco said ...

The construction of the New Manila International Airport in Bulacan, some 35 kilometers north of Metro Manila, is in full swing, with Department of Transportation (DOTr) Secretary Jaime Bautista leading the inspection over the weekend. In a news release issued Monday, the DOTr said Bautista was joined by San Miguel Corporation (SMC) president and CEO R...

“Although there is a seen decrease in the bilateral trade between Germany and the Philippines when comparing the first half of 2022 and 2021 data, it remains to be a major contributor to the latter's trade relations with the EU.” (from GPCCI Market Watch) A quick look at the future: The Philippines is expected to join the free trade agreement -- ...