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 -- ...

Philippine President Ferdinand R. Marcos, Jr. is barely in his first year of his office and already is facing a myriad of challenges from soaring inflation and public debt to a devaluating peso against the dollar. While trying to sustain economic recovery following stagnation from the COVID-19 pandemic, Marcos is hard put to tame the increasing costs of c...

Photo credit: Celsius Resources Celsius Resources Limited is pleased to declare a maiden JORC compliant Mineral Resource for the Sagay (SGY) Copper-Gold Project (“Project”), held under its Philippine Subsidiary Company, Tambuli Mining Co., Inc (TMCI) and located at the Island of Negros in the Philippines. The latest results suggest that the SGY Projec...

Photo credit: Celsius Resources Celsius Resources is pleased to announce they have received further shallow and high-grade copper assay results from the ongoing drilling program at their flagship MCB copper-gold project, owned by its Philippine subsidiary Makilala Mining Company, Inc. (“MMCI”). The results continue to extend the envelope of the near...

Photo credit: San Miguel Bolstering its climate action initiatives, San Miguel Corporation (SMC) power subsidiary San Miguel Global Power (SMGP) reported the successful planting and growing of over five million new trees and mangroves from 2019 to date, under its multi-year, nationwide forestation and carbon capture program. The company said it is also...

Photo credit: Philippine News Agency President Ferdinand R. Marcos Jr. believes that the government owes it to the Filipino people to build major roads and critical infrastructure that will spur progress and social change, promote interconnectivity, ease traffic and reduce travel time. He made this remark after he witnessed on Thursday the signing o...

an article by Mark Adrian D. Lenon ~ Mining is entering a new era. This phase, known as Mining 4.0, recognizes the role of digital transformation in sustainable mining operations. With more affordable and simpler solutions to monitor plant assets, it has become viable for mining companies to assert total control over their operations. Emerson practi...

Photo credit: Bilyonaryo Integrated energy company Semirara Mining and Power Corporation (SMPC) set a new profit record during the first nine months of the year, as its consolidated net income surged 250 percent from P10.3 billion to P36 billion—more than double (122%) its 2021 net income of P16.2 billion. Its exceptional performance was mainly due ...

The expansion of the Sangley Point International Airport (SPIA) is a huge infrastructure project that is scheduled to be operational by 2028. The local government of Cavite province has chosen the SPIA Development Consortium last September to implement the USD11 billion project. SPIA Development Consortium representatives were delighted for being chose...

Atty Ronald Recidoro, Executive Director at Chamber of Mines of the Philippines, described the new Unnumbered Bill in mining as “Killing the goose to get to the golden eggs”. He expressed his sentiments and professional insights regarding the new mining bill during the recent Philippine Mining & Exploration Association (PMEA) Monthly Membership Mee...

Photo credit: Universal Robina Corp One of Asia’s leading financial publications has, for a second year in a row, named Universal Robina Corp. (URC) as the Philippines’ most outstanding company in the consumer staples sector. Asiamoney handed the award to URC, one of the Philippines’ largest food manufacturers, after an exhaustive survey of the regi...

An Explorer’s Story By: Michelle Wright A portable X-ray fluorescence (XRF) analyzer is a powerful tool to have in your mining and geochemistry field kit. One explorer uses three Vanta™ handheld XRF analyzers for copper-silver exploration in Peru. Todd Houlahan, Olympus' Director of International Mining, recently sat down with Lars Dahlenborg, Presiden...

CLAVER, Surigao del Norte--Taganito Mining Corporation (TMC) has been chosen as this year's TESDA Kabalikat Award recipient, a recognition given annually to agency partners with demonstrated track record in helping equip Filipinos with employable, specialized skills. TMC is one of the only two regional qualifiers for the coveted award, and the only reg...

CLAVER, Surigao del Norte—Adding more proof that mining and tourism can harmoniously coexist, Claver local government unit in partnership with Taganito Mining Corporation (TMC) hosted the first-ever jigging and shore casting competition in the municipality on September 2 to 4, 2022. The competition, done in cooperation with the Marajaw Surigao Anglers,...

By: Engr. Paula Angeline Bacani “The mining sector continues an optimistic performance for year 2022. As early as Q1 2022, the metallic mineral production value kicked off the year with a 36.21% or PhP12.92 billion growth from PhP35.69 billion in Q1 2021 to PhP48.61 billion.” [1] The steady growth of the industry is indicated by the opening of new meta...

Part 2: Production-scale Plan, Optimized Production Schedule, SMP’s Risk Assessment  - By: Engr. Mae Ann R. Cabasag Ensuring optimal resource extraction, maximizing value of increasingly scarce resources, and having confidence in mine plans amid market uncertainties is possible through DS GEOVIA’s SMP solutions. In Part 1, we elucidate differences b...