Philex Mining Corporation, added Php136 million core net income and Php 564 million EBITDA in 4Q2024 to the Php610 million core net income and Php1.418 billion EBITDA of the first nine months ended September 30, 2024. Full year 2024 reached core income at Php746 million and EBITDA at Php1.981 billion. Gold and copper prices were at relative higher levels ...

Listed natural resources development company Nickel Asia Corporation has announced its audited financial and operating results for the twelve-month period ended Dec. 31, 2024. NAC reported an attributable net income (net of minority interest) of P1.52 billion, including a P1.55 billion provision for its geothermal investment in Naujan, Oriental Mindoro...

Integrated energy company Semirara Mining and Power Corporation (SMPC) posted P19.6 billion in full year 2024 earnings, a 30-percent decline from P27.9 billion in 2023, as energy markets continued to normalize. “Despite price corrections, we focused on key factors within our control—maximizing production, achieving record-high coal shipments and power ...

Department of Transportation (DOTr) Secretary Vince Dizon on Monday assured to continue and expedite existing transportation projects. In a statement, Dizon said continuity is “key” to completing transport projects that will benefit the public. “Kailangan habang pinapasa ang baton, imbes na bumabagal, kailangan pang pinapabilis. Kailangan natin magt...

The Japan Organization for Metals and Energy Security (JOGMEC) organized the ASEAN-JAPAN Mining Investment Seminar and Site Visit held last February 19-20, 2025 in Tokyo, Japan. The 2-day event aims to provide up-to-date information regarding ASEAN Member States’ legislations, regulations, including tax system and incentives, and promising projects fro...

The Philippine Extractive Industries Transparency Initiative (PH-EITI) spearheaded a side event at the 2025 Open Government Partnership (OGP) Asia-Pacific Regional Meeting, focusing on data interoperability and transparency in the extractive sector. Held on February 4-5, 2025, at the UP College of Law in Bonifacio Global City, Taguig, the event brought to...

The national government has already allotted PHP3.97 billion for the construction of the Tacloban causeway project that will provide a shorter route from the city’s downtown to the airport, the Department of Public Works and Highways (DPWH) reported on Monday. DPWH-Eastern Visayas Director Edgar Tabacon said majority of the PHP4.77-billion budget requi...

Department of Environment and Natural Resources (DENR) Secretary Maria Antonia Yulo Loyzaga has signed a new department administrative order mandating mining companies to incorporate the United Nations’ 17 Sustainable Development Goals (UN SDGs) into their Social Development and Management Programs (SDMPs). SDMP is the five-year comprehensive plan requ...

The Department of Environment and Natural Resources (DENR), through the Mines and Geosciences Bureau (MGB), successfully conducted a “Stakeholders’ Consultation on the Proposed Amendments to DENR Administrative Order (DAO) No. 2010-21” on January 30, 2025, at SEDA Vertis North, Quezon City. The event gathered key stakeholders from the mining industry, gov...

The Department of Environment and Natural Resources (DENR) has issued a new directive mandating mining companies to strengthen their community development programs while addressing biodiversity loss. The administrative order issued by DENR Secretary Maria Antonia Yulo Loyzaga specifically mandates the mining sector to align the United Nations' 17 Susta...

One of the world’s largest integrated energy and chemicals companies, Aramco, is re-entering the Philippine market by acquiring a 25 percent stake in Unioil Petroleum Philippines, Inc. The companies announced Wednesday that they signed an agreement for the partnership, led by Aramco Asia Singapore managing director Fai Aldossary and Unioil chief execut...

In the dynamic landscape of the Philippine mining industry, Genluiching Mining Corporation (GMC) has emerged as a significant player since its inception. Founded on June 2012 by Mr. Jet P. Tupas, GMC has swiftly positioned itself as a robust contender within the sector, focusing on sustainable mining practices and community development. With interests spa...

Written by: ROGER KOO, FLUKE NETWORKS PRODUCT MANAGER, FLUKE SOUTH EAST ASIA PTE LTD AND MARK CONNELL, FLUKE CCTT FACILITAOR SOUTH PACIFIC, MEASUREMENT COMMUNICATION SOLUTIONS In the vast and rugged mining landscape, where operations stretch across thousands of kilometres in some of the most remote locations on Earth, connectivity is critical. From ens...

The Philippine government, through the Department of Public Works and Highways (DPWH), has strengthened its collaboration with Japan’s Ministry of Land, Infrastructure, Transport, and Tourism (MLIT) to enhance flood control and water resources management efforts in flood-prone areas across the country. A pivotal moment in this partnership occurred duri...

The Mines and Geosciences Bureau (MGB) participated in the Joint Consultation Meeting on High Conservation Value Area (HCVA) and Reference Ecosystem held at the MGB Multi-Purpose Hall, Diliman, Quezon City on January 23, 2025. The said meeting was also attended by representatives from the Ecosystems Research and Development Bureau (ERDB), Biodiversity Man...

The Climate Change Commission (CCC) has reaffirmed the Philippines’ dedication to climate action through green economic pathways. In a news release on Friday, the CCC said the '2025 Sustainability Forum: The Green Economies of Tomorrow' held on Jan. 31 gathered key figures from the government, business, and international organizations to fast-track the...

Construction of the New Cebu International Container Port (NCICP) broke ground on Wednesday to address cargo congestion at the Cebu Base Port and improve the turnaround of commercial vessels in the region. Department of Transportation (DOTr) Secretary Jaime Bautista said the New Cebu International Container Port (NCICP) will address the current bottlen...

Megawide and Maplecrest Group, Inc. (MGI), through their joint venture Cavite Rapid Transport, Inc., have officially signed the contract for the Cavite Bus Rapid Transit System (CBRT) with the Provincial Government of Cavite. The signing took place on January 27, 2025, at Twin Lakes Hotel, Batangas. Megawide Chairman and CEO Edgar Saavedra highlighted ...

The 5th edition of Geo Connect Asia (GCA) celebrates the mainstreaming of geospatial solutions across government, enterprise and non-profit, with a record number of participants on the show and supporting conferences. Following the theme of Geospatial driven impacts: underground, land and sea to sky, the event looks to attract more than 120 companies a...

The Department of Public Works and Highways (DPWH) continues to engage key stakeholders to ensure the effective completion of the detailed engineering design and construction phases for the Road Network Development Project in Conflict-Affected Areas of Mindanao (RNDP-CAAM). DPWH Senior Undersecretary Emil K. Sadain, chairperson of the RNDP-CAAM Steerin...

The Department of Public Works and Highways (DPWH) is making significant progress on the 4.76-kilometer Samal Island-Davao City Connector (SIDC) Project, which will link Davao City and Samal Island with a four (4)-lane extradosed bridge. In his latest inspection report to DPWH Secretary Manuel M. Bonoan, Senior Undersecretary Emil K. Sadain highlighted...

Embassy of Japan in the Philippines Ambassador Kazuya Endo and Department of Public Works and Highways (DPWH) Senior Undersecretary Emil K. Sadain inspected on Monday, January 27, 2025, the ongoing road mountain tunnel component of the Davao City Bypass Construction Project, a flagship infrastructure initiative aimed at alleviating traffic congestion and ...

The Department of Public Works and Highways (DPWH) is making significant progress on the construction of 1.34-kilometer Davao River (Bucana Bridge) with the overall completion rate stands at more than 73% and target to be completed by the third quarter of 2025. During a site inspection on January 27, 2025, Senior Undersecretary Emil K. Sadain accompani...

The Department of Transportation (DOTr) is looking into the construction of an underground rail line in Cebu province to help address vehicular traffic. In an interview over Radyo Pilipinas on Thursday, DOTr Undersecretary for Planning and Project Development Timothy John Batan said such a project was first discussed with Cebu Governor Gwendolyn Garcia...