The Private Sector Advisory Council (PSAC) -- a group composed of leaders of private companies involved in the infrastructure sector -- has expressed its support for the completion of ongoing and upcoming infrastructure programs of the Marcos administration. In a meeting with President Ferdinand “Bongbong” Marcos Jr. in Malacañang on Friday, PSAC conve...
Photo credit: Department of Public Works and Highways Officials of the Department of Public Works and Highways (DPWH) and Department of Finance (DOF) met on Friday, September 2, 2022 for the review of flagship infrastructure projects funded by Official Development Assistance (ODA). DPWH Senior Undersecretary Emil K. Sadain said that the review meeti...
Actuators play a vital role in the operations of the mining industry. As an industry that operates in harsh and unpredictable environments, mining companies need reliable valve actuators in order to ensure operational safety and efficiency. Likewise, selecting the right flow control partner can make the difference between time spent replacing equipment an...
In relation to a webinar hosted by the Philippines-Australia Business Council (PABC) last 18 July 2022, regarding the ASEAN Australia New Zealand Free Trade Agreement and the Regional Comprehensive Economic Partnership, the Australian Embassy in the Philippine expressed their further support for Philippine’s economic sector through ASEAN last August. T...
How can the ASEAN-AU NZ Free Trade Agreement help the Philippines? Will their initiative and strategies for open economy help various Philippine industries like mining, construction, agriculture, transportation, telecommunications, and others? Last 18 July 2022, the Philippines Australia Business Council (PABC) in partnership with the Australia Philipp...
Photo credit: Inquirer Philippines The Marcos administration will study the proposed joint oil exploration between the Philippines and China in the resource-rich West Philippine Sea (WPS), Malacañang said on Tuesday. “Pag-aaralan po natin sa ngayon (As of now, we will study it),” Press Secretary Trixie Cruz-Angeles said in a Palace press briefing. ...
XRF Technology for Operational Efficiency 1. SAMPLE COLLECTION Samples are collected from the belt automatically using a cross-belt sampler Automatic operation using the plant’s distributed control system (DCS) No stopping or slowing the belt One sample every 15 minutes The system can be designed to sampling and preparation standards,...
In recognition of its commitment to promoting disaster preparedness and response, Taganito Mining Corporation was hailed as winner of the 2022 Regional Gawad KALASAG Search for Excellence in Disaster Risk Reduction and Management and Humanitarian Assistance under Best Private Organization Category. TMC also received the 1st Gawad KALASAG Seal 2022 awar...
Photo: 24 June 2022 - Mr. Antonio Peñalver (Executive Director, Aboitiz Construction, Inc.) at the Philippine Infrastructure and Construction Club, Seda Hotel BGC [Photo by Marcelle P. Villegas] Last 24 June 2022 in Seda Hotel BGC, Philippine Infrastructure and Construction Club hosted their first face-to-face luncheon of the year with executives from...
Every time there is a change in administration, the mineral industry always anticipate with bated breath the identity of the Department of Environment and Natural Resources (“DENR”) secretary. The presidential appointee is scrutinized whether he or she is either sympathetic to the mining industry or a staunch environmental advocate. This can be attributed...
Allow me to take this opportunity to pay my respects to our 12th President, Fidel Valdez Ramos, who passed away on 31 July 2022. PFVR is credited with many things, including ushering a period of stability and creating an environment conducive for investments, but the mining industry is understandably most grateful to him for the passage during his term o...
Part 1: The Basics, Defining Reserves & Assessing Strategies - By: Engr. Mae Ann R. Cabasag Strategic Mine Planning (SMP) encompasses technical feasibility, economic viability, social and environmental aspects. It is essential in ensuring optimal resource extraction and sets the mining project’s technical and economic direction. Yet a plethora of m...
HMC has adopted the Municipalities of Dapa and San Benito in Siargao as an answer to the call of the Adopt-a-Municipality Program of the Provincial Government of Surigao del Norte to provide construction materials, food and potable water for the period of six (6) months. The aim of the program is to provide aid and relief to the nine (9) Municipalities...
X-ray diffraction (XRD) is the only laboratory technique that reveals structural information, such as chemical composition, crystal structure, crystallite size, strain, preferred orientation and layer thickness. Materials researchers, therefore, use XRD to analyze a wide range of materials, from powder X-ray diffraction (XRPD) to solids, thin films and na...
Industrial Series Conveyors provide a wide range of solutions for any application for heavy load carrying large capacities. These conveyors have been designed for a rugged and demanding environment. Chief Industrial Conveyors increase your productivity with long-lasting designed to run 24 hours a day, seven days a week. Our team evaluates your specific...
Business needs are ever changing in the country. Aware of these uncertainties, Chevron Philippines Inc.’s (CPI’s) enhanced business to business (B2B) service, Caltex Business Solutions, addresses customers’ critical operational and business issues by building business solutions to help them achieve their goals. Committed to long term technology developmen...
Photo: Department of Energy (DOE) Secretary Raphael Lotilla announces that the agency has formed a law and energy advisory panel that will iron out policies in the country's energy sector. Lotilla made the announcement on Thursday (Aug. 25, 2022). (Screenshot during the DOE virtual press conference) Department of Energy (DOE) Secretary Raphael Lotilla ...
Photo credit: The Chamber of Mines of the Philippines The Chamber of Mines of the Philippines (CoMP) expressed concern over a proposed tax measure that may push back recent gains of the mining sector and deter prospective investments to the sector. The bill passed by the House committee on ways and means proposes the imposition of a royalty tax of 5...
A House of Representatives panel on Wednesday approved a new fiscal regime for the mining sector, which is expected to generate PHP37.5 billion in its first full year of implementation. The House ways and means committee approved a bill proposing a rationalized and single fiscal regime applicable to all existing and prospective large-scale metallic min...
Photo credit: Bilyonaryo DMCI Mining Corporation posted an 8-percent upturn in standalone second-quarter core net income from P502 million to P542 million as higher selling prices and stronger US dollar offset the combined impact of lower shipments and higher fuel costs. Including the impact of CREATE law last year, its standalone net income for the...
Photo credit: Global Ferronickel Holdings Global Ferronickel Holdings, Inc. (FNI) recorded a consolidated net income of ₱417.4 million for the period ended June 30, 2022. The results are driven by the April to June mining operations of Platinum Group Metals Corporation (PGMC) in Surigao del Norte, with incremental contributions from PGMC International ...
In a boon for mining in the Philippines, Finance Secretary Benjamin Diokno has earmarked the sector as a source for long-term economic growth amid the pandemic. As reported in business publication, Rappler, Mr. Diokno said: “The mining industry holds the greatest potential to be a key driver in our economic recovery and long-term growth, especially now...
Photo credit: Apex Mining Apex Mining’s total revenue for the second quarter of 2022 reached PHP2.537 billion, 65% higher year over year (YoY). This pegs the resulting consolidated net income after tax of the company at PHP917.6 million, a 337% increase YoY. “This consolidated quarter net income is an an all-time high for Apex Mining,” says Apex Min...
Transport Secretary Jaime Bautista and Chinese Ambassador Huang Xilian restart “negotiations for major transport projects” in a formal meeting at the Chinese Embassy in Makati City on Aug. 11, 2022. They also tackled three China-funded railway projects -- the PNR South Long Haul Project (North-South Commuter Railway), Subic-Clark Railway and Mindanao Rail...
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