The Asian Development Bank (ADB) stated last 3 Nov. 2021 that they plan to buy coal power plants in Indonesia, the Philippines and Vietnam with an objective to shut them early and to replace them with clean and renewable energy options. This will be made possible through Energy Transition Mechanism (ETM), a private-sector-led initiative that will be finan...
Last 28 October 2021, the Commission on Elections (Comelec) released a list of candidates for the National and Local Elections on 9 May 2022. A total of 97 individuals formally notified the commission and filed for candidacy to run for president. The list includes Senator Panfilo Lacson, Former senator Ferdinand "Bongbong" Romualdez Marcos Jr., Manila May...
Phil. Gold Processing & Refining Corp. and the Provincial Government of Masbate through its Masbate Tourism Office, the Department of Agriculture (DA) and the Cooperative Development Authority (CDA) have forged a partnership to prime up two key development projects: organizing 10 cooperatives in the Municipality of Batuan and the full research and doc...
Graduation and Distribution of Starter Toolkits and turn-over of Desktop Computers to Cantugas Cultural National High School Hinatuan Mining Corp. (HMC), a subsidiary of Nickel Asia Corp. (NAC), has turned over 3 computer desktops and printers to Cantugas Cultural National High School during the Graduation and Distribution of Starter Toolkits at Cantug...
Froth Recovery Upgrade package The flotation process can be divided into two stages: formation of the bubble-particle aggregates in the slurry and recovery of these aggregates in the froth. Historically, most attention – both from the theoretical and practical point of view – has been given to the first part of this process. But due to a newly devel...
DMT Consulting Limited, United Kingdom Globalisation of economies and technological advancements as well as the increased level of communication between the investors and project owners around the world has intensified the race to bring many existing and mining projects into the market place. Prior to the 2008 financial crisis, the financing of the...
Coal trading is a very competitive landscape. While end customers buy the quality of coal based on what is compatible with their boilers and furnaces, the traders need to be vigilant in sourcing and supplying right grades. Buyers impose price discounts if the coal’s calorific value and other key parameters fall short of expected values. To secure the cont...
The journey of CBMM/Keepmining® started in the mining and quarry domain as a trader, and transitioned to a distributor with over 15 years of resounding customer success stories. Our success lies in identifying specific customer irritants and pain points, and solving them through disruptive design and engineering with our crack team of accomplished indu...
The infrastructure program anchored on the Build Build Build (BBB) initiative still remain among the top economic priorities of the government. With the Department of Public Works and Highways (DPWH) as one of lead implementing agencies of the BBB Program, Acting Secretary Roger "Oging" Mercado highlighted at the 2021 Philippine Economic Briefing with ...
Photograph courtesy of Aboitiz Construction The Cebu-based construction firm Aboitiz Construction on Thursday said it has finished the construction work on the British firm’s CD Processing (CDP) Ltd. copper ore sorting and processing plant in Carmen Copper Corporation’s operations center in Toledo City. To manage mining wastes, the plant is seen to ...
The Department of Public Works and Highways (DPWH) announced the start this December 2021 of the detailed engineering design (D.E.D.) for the proposed Laguna Lakeshore Road Network Project (LLRN). This after DPWH Acting Secretary Roger "Oging" Mercado with Undersecretary for Unified Project Management Office (UPMO) Operations Emil K. Sadain; UPMO Road...
In recent years, ESG - environmental, social and governance – has become a major concern in corporate boardrooms: criteria by which strategy is developed and risks are assessed. While the term may be relatively new [having been coined as late as 2005 in a study of the International Finance Corporation (IFC) entitled “Who Cares Wins”], it has always been...
New mining projects faces relative difficulty in attracting investments because of opposition by host communities and local governments brought about by potential mine accidents, transparency issues, and operations infringing on ancestral and agricultural lands. Regulators often impose huge taxes and environmental users’ fees on new projects, in addition ...
The strategic plan to develop Bamboo has been in the portfolio of the Department of Trade and Industry (DTI) many years back. As a chief raw material source for the flourishing Philippine handicraft industry, the demand for Bamboo increased further over the years because of its emerging uses in construction, agriculture, and fisheries. Bamboo developme...
Photo credit: Masbate Gold Project The Department of Environment and Natural Resources - Mines and Geosciences Bureau (DENR-MGB) is proposing the implementation of a policy that allows only one operator per mining tenement in the country. Implementing such policy will help improve the execution of mining agreements and promote the holistic, harmonio...
Photo credit: Department of Public Works and Highways The Department of Public Works and Highways (DPWH) is working with the Asian Development Bank (ADB) on a goal of achieving sustainable infrastructure development in the Philippines. DPWH Acting Secretary Roger "Oging" Mercado said that talks with ADB Country Director for the Philippines Mr. Kell...
Photo credit: Department of Public Works and Highways The Department of Public Works and Highways (DPWH) is ramping up efforts to improve the transport logistics and mitigate vehicular traffic congestion in Davao City with the construction of a 2.3 kilometer two (2)-tube mountain tunnel. A symbolic blast on Friday, November 19, 2021 officially start...
Isla Norte Energy Corporation (INEC) inaugurates its first power plant in Bantayan Island on Nov.10, 2021. The diesel-powered plant has a total capacity of 23.3 megawatts. (Photo courtesy of INEC) The Isla Norte Energy Corp. (INEC) inaugurated Wednesday the 23.3-megawatt (MW) diesel power plant in Bantayan Island, Cebu, providing additional power suppl...
Photo credit: PhilStar The Philippines' proposed National Renewable Energy Program (NREP) 2020-2040 is setting a target of 35 percent share of renewable energy (RE) in the power generation mix by 2030 and 50 percent share by 2040. This was bared by Director Mylene C. Capongcol, OIC of the Department of Energy’s (DOE) Renewable Energy Management Bure...
The pre-construction works for the Metro Manila Subway Project (MMSP) at Camp Aguinaldo have officially begun on Thursday through a groundbreaking ceremony. During the event, Department of Transportation Assistant Secretary Fidel Igmedio Cruz Jr. said the ceremony marked the beginning of the construction of 192 housing units, repair and rehabilitation ...
The Weir Group has agreed to acquire Motion Metrics, a leading Canada-based global mining technology business, for an initial consideration of £89m1 payable in cash upon completion, subject to customary net debt and working capital adjustments. Motion Metrics is the market leading developer of innovative Artificial Intelligence (AI) and 3D rugged Machi...
Ritchie Bros. will conduct its largest auction of the year in Japan, selling more than 200+ vehicles, equipment items and trucks at its site in Narita on November 24-25. The Japan National IronPlanet Auction is set to be the largest of the year, with more inventory to be added daily. Day one of the auction (November 24) dedicated to over 140 passenger veh...
The Philippines and New Zealand will continue to explore cooperation on geothermal energy. This as Department of Energy (DOE) Secretary Alfonso Cusi and New Zealand Ambassador to the Philippines Peter Kell signed the Second Amendment to the Arrangement on Geothermal Energy Cooperation between the two countries on Friday. Cusi said this renewed inter...
Photo credit: Nickel Asia Corporation Facebook Page Nickel Asia Corporation recently announced its unaudited financial and operating results for the nine-month period ended September 30, 2021 with an attributable net income (net of minority interests) of P6.17 billion, 168% higher compared to the P2.30 billion achieved in the same period last year. Ear...
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