In an effort to support women workers in the small-scale mining industry, the Mines and Geosciences Bureau (MGB) in partnership with planetGOLD Philippines, held a two-day online workshop on gender inclusivity last December 9-10, 2021. The workshop, dubbed “Mainstreaming Gender in Small Scale Mining,” aimed to help the participants gain knowledge on gende...
The Binondo - Intramuros Bridge Project of the Department of Public Works and Highway (DPWH) in Manila is nearly finished at 90 percent and expected to open to vehicular traffic by Holy Week this year. In his report to DPWH Secretary Roger G. Mercado, Undersecretary and Build Build Build (BBB) Chief Implementer Emil K. Sadain said that the 680 meters b...
With the Department of Environment and Natural Resources (DENR) issuing an order to lift the moratorium on the open-pit method in the country through DENR Administrative Order (DAO) 2021-40 issued on Dec. 23, 2021, the Mines and Geosciences Bureau (MGB), Mine Safety, Environment, and Sustainable Development Division (MSESDD) Chief, Engr. Marcial M. Mateo ...
Scott Sullivan, Acting CEO of OceanaGold said, “We finished the year with a strong fourth quarter of production, backed by solid operational performances from Haile, which delivered a record annual gold output and Didipio, where ramp-up is advancing ahead of schedule. We are delivering on our commitments by achieving our full year consolidated guidance an...
Photo credit: DOE The Philippine Department of Energy (DOE) and the Russian State Atomic Energy Corporation (ROSATOM) on Thursday reaffirmed their collaborative efforts to explore the potential utilization of small modular reactor (SMR) technology in the Philippines during the Small Modular Reactors' Day. This event formed part of ROSATOM's Breakthr...
Photo credit: Philippine News Agency The first package of the Philippine National Railways (PNR) Bicol project will begin construction in the first quarter of the year. In a press briefing in Malacañang on Friday, PNR General Manager Junn Magno said the package would consist of the PNR Bicol’s first 380 km. from Banlic, Calamba to Daraga, Albay. ...
Before the year ended, DENR Secretary Roy Cimatu signed the Department Administrative Order (DAO) No. 2021-40 that lifts the ban on open-pit mining. The order was passed last 23rd of December 2021. This covers mining for copper, gold, silver and other complex ores. DENR made this decision with hopes to revive the mining industry so it may once again provi...
Photo credit: Department of Public Works and Highways The Department of Public Works and Highways (DPWH) has fast-tracked the widening works at Fort Bonifacio-Nichols Field Road or Lawton Avenue in Taguig City to meet its target completion by the second quarter of 2022. “As the government increases mobility in Metro Manila amid the pandemic, this pr...
Photo: Inside the discharge end of a ball mill being fitted with spiral lifters and rubber grates. Vulco® R67 mill liners last significantly longer and deliver a measurable reduction in mill downtime, installation and maintenance costs. Vulco® rubber is renowned throughout the mining industry for its exceptional wear life and reliability in mill lining...
Photo credit: DOTr The Department of Transportation (DOTr) awarded the single largest rail contract worth PHP142 billion, or about USD2.8 billion, to a Chinese joint venture to build a 380-kilometer Philippine National Railways (PNR) route. The construction will run from Barangay Banlic in Calamba, Laguna to Daraga, Albay. The contract was signed...
THE PHILIPPINE MINING VIRTUAL SUMMIT March 16 – 17, 2022 | 1PM – 5PM PhT via Zoom Meeting The Covid-19 pandemic has an immediate impact on the global economy that goes across all industries, that includes mining. While this is being contained, the current administration is assertive in reviving the country’s mining industry to help counter the economi...
Photo credit: Philex Mining Philex Mining Corporation is pleased to announce the completion of the In-Phase Mine Plan feasibility study and an updated mineable reserve estimate for the Boyongan deposit in accordance with the 2012 Philippine Mineral Reporting Code (“PMRC”). A feasibility study for a 4 Million tonnes per year sub-level cave mining pla...
The Philippine economy is expected to return to its 6 to 7-percent growth trajectory in 2022 after nearly two years of grappling with the pandemic despite the threat of the Omicron variant, according to the investment banking arm of the Metrobank Group. First Metro Investment Corporation (FMIC) said this year’s economic growth will be driven by sustain...
Photo credit: Cebu Cordova Link Expressway Corp. Department of Public Works and Highways (DPWH) Secretary Roger G. Mercado declared that the Cebu-Cordova Link Expressway or CCLEX will soon strengthen the carrying capacity of the road network of Cebu Province. In his inspection at the project over Mactan channel, Secretary Mercado commended the effor...
Photo credit: Dimas Ardian/Bloomberg A lawmaker on Thursday called on the government to ensure that the country's power supply derived from the consumption of coal would not be adversely affected following Indonesia's decision to ban the export of coal to secure its local supply. In a statement, Senator Sherwin Gatchalian, chair of the Senate Energy...
Back in November, OceanaGold Corporation announced the commencement of processing at the Didipio Gold-Copper Mine. Scott Sullivan, Chief Operating Officer & Acting CEO of OceanaGold said, “This is a major milestone for OceanaGold, the Didipio Mine and host communities. Following the confirmation of the Didipio Mine Financial or Technical Assistanc...
The Department of Finance (DOF) has expressed its support behind the recent decision of the Department of Environment and Natural Resources (DENR) to lift the ban on open-pit mining as it voiced full confidence in the government’s capability to strictly regulate mining operations to address and minimize the impact posed by these extractive activities on t...
Photo credit: OceanaGold via Twitter - OceanaGold's mine at Didipio The government said it expects to revitalize not only the mining sector but also the entire economy, with the lifting of the ban on open pit mining. Environment Secretary Roy Cimatu signed a memorandum order on Dec. 23 that effectively reinstates the use of open pit mining method by...
Photo credit: Weir Minerals - Accumin™ automatic lubricators being installed at a customer’s site in Australia The Accumin™ lubrication system has proven itself an efficient way of preventing expensive bearing assembly failures, reducing maintenance downtime and promoting safety by decreasing the amount of manual interface to keep equipment performing....
Department of Public Works and Highways (DPWH) Undersecretary Emil K. Sadain, President Rodrigo Roa Duterte’s designated Chief Implementer of flagship projects under the Build Build Build (BBB) Program, has promoted collaborative engagements among oversight and implementing agencies to accelerate the preparation, implementation, and completion of various ...
Photo credit: Department of Public Works and Highways The Department of Public Works and Highways (DPWH) has started with the massive installation of prefabricated girders for abutments and ramps of the iconic Binondo - Intramuros Bridge Project in Manila. In his report to DPWH Acting Secretary Roger "Oging" Mercado, Undersecretary and Build Build B...
Photo credit: Mining Journal TVIRD acquires 100% of outstanding GRC shares for a total consideration of US$19 million Red 5 will retain a 3.25% NSR payable on gold sales from succeeding operations at Siana GRC assets include a state-of-the-art processing facility with a throughput capacity of 1.10 million tons per year as well as key infrastruct...
Photo credit: Marcventures Marcventures Holdings Inc. (MHI) consolidated income surged to P790.31M with a robust third quarter performance of Marcventures Mining and Development Corp (MMDC). Amid the unstable weather conditions on the first half of the year coupled with the difficulties brought by the pandemic, MHI’s net income rose to P790.31M on ...
Photo credit: Global Ferronickel Holdings Global Ferronickel Holdings, Inc. (FNI), the country’s second-largest nickel ore producer, recorded Q3 net income of P1.22B in 2021 against the P1.36B it posted during the same period last year. This brought total earnings for the first three quarters of the year to P1.86 billion, up 19.4% from the P1.56 billio...
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