The number of construction activities reached 12,526 in January, the Philippine Statistics Authority (PSA) said on Friday. Preliminary data released by the PSA showed that the number of constructions from approved building permits was equivalent to 3.71 million square meters of floor area with a total value of PHP48.57 billion. "This excludes altera...
The Mines and Geosciences Bureau (MGB), through its Gender and Development Focal Points System, recognizes and supports the Planetgold Philippines Project, which has made significant strides towards gender equality in the artisanal and small-scale gold mining (ASGM) sector, particularly through its recent initiatives. The project published a comprehensive...
President Ferdinand “Bongbong” R. Marcos Jr., together with Department of Public Works and Highways (DPWH) Secretary Manuel M. Bonoan, Department of Transportation (DOTr) Secretary Vivencio B. Dizon, Metro Pacific Investments Corporation (MPIC) Chairman Manuel V. Pangilinan, and Metro Pacific Tollways Corporation (MPTC) President and Chief Executive Offic...
The 70th Annual National Mine Safety and Environment Conference led by Philippine Mine Safety and Environment Association (PMSEA) was held on November 19 to 22, 2024 in Baguio City. This year's theme is "Endurance and Innovation for Sustainability." Annually in this event, the mining industry gather in Baguio City to promote and celebrate responsibl...
On April 17, 1931, EEI Corporation (EEI) was incorporated as a machinery and mills supply house for the mining industry. EEI later expanded into construction services, supply of manpower in the Philippines and overseas, and distribution of a range of industrial machinery and systems. EEI is a member of the Yuchengco Group of Companies, a conglomerate w...
By Thea Samantha C. Go, EM Paramina Earth Technologies, Inc. is a proudly all-Filipino mining and civil construction contractor that has been making significant strides both domestically and internationally. With over 29 years of experience, Paramina has pioneered surface and underground contract mining in the Philippines, later expanding into tunne...
The Philippine Nickel Industry Association (PNIA), the country’s largest group of nickel mining companies, has voiced strong concerns regarding the renewed suggestion to impose an ore export ban as part of the mining fiscal regime reforms, highlighting that such a policy may not address the real challenges faced by the industry in developing value-added p...
At least once a year, when International Women’s Month is celebrated in March, we are reminded to pause and take stock of the role of women in resources development. The mining industry in the Philippines, like many other countries, has traditionally been male-dominated. Nevertheless, there are marked efforts to increase women's participation and addr...
(Part 2) Part 1 can be read HERE When I came back from my studies in Europe, I continued my studies at the UP College of Law. For me it was UP Law or bust because I financed my way to law school attending evening classes. Surely, with a meager government salary, I couldn’t have afforded pursuing law studies without the subsidy from taxpayers. I was ...
A planned toll road extending South Luzon Expressway (SLEX) to the Bicol Region is expected to reduce transport costs, improve supply chains, and create thousands of jobs, a House leader said Monday. In a statement, House Committee on Ways and Means chair and Albay Rep. Joey Salceda said the Toll Regulatory Board's (TRB) impending approval of the final...
Officials from the Department of Public Works and Highways (DPWH) and the Asian Development Bank (ADB) officially launched on Thursday, March 13, 2025 the consultative meeting for the proposed Central Luzon-Pampanga River Floodway Project and the Integrated Flood Resilience and Adaptation 2 (InFRA 2) Project that focuses on three (3) major river basins in...
By: Paula Angeline Bacani For mining operations, precision in elemental analysis is not just a requirement—it’s the key to efficiency and profitability. The ability to conduct rapid, non-destructive analysis of ore samples directly impacts decision-making in the field and in laboratories. That’s where the SPECTRO XEPOS ED-XRF, distributed exclusively i...
The recent positive Philippine Government support and industry's adoption of community engagement, sustainability and safety practices is signalling a a new chapter of growth for the Philippine’s mining sector. These developments are reinvigorating interest from the Australian mining sector to develop trade and investment partnerships with the Philippines...
The inaugural APAC Earth Observation Forum, to be held on 10th April in Singapore, brings together policymakers, solutions providers, risk assessment experts, corporate and vulnerable communities to address pressing issues relating to climate change, and how to respond. With the theme Managing risk, enhancing resilience & shaping a climate-secure f...
Senate President Francis Escudero on Thursday said the announced joint venture between Nickel Asia Corporation and DMCI Mining Corporation to develop a nickel processing plant in the Philippines is a “monumental stride” in enhancing the country’s mineral value chain. In a statement, Escudero said the initiative is a significant step in advancing the lo...
DMCI Mining Corp. and Nickel Asia Corp. (NAC) on Wednesday said they are exploring the possibility of putting up a new nickel processing plant in the country. This was after the two mining giants signed on Tuesday a memorandum of understanding (MOU) to conduct a feasibility study on developing and operating a nickel processing plant. The two firms s...
The Philippine Nickel Industry Association (PNIA) strongly opposes the recent resolution passed by the Palawan Sangguniang Panlalawigan calling for a 50-year mining moratorium. PNIA acknowledges the vital importance of environmental protection, but it is equally crucial to recognize that economic growth and environmental sustainability can coexist. Res...
Weir has entered into a binding agreement to acquire Mining Software Holdings Pty Ltd (“Micromine”), a company based in Perth, Australia, for a sterling equivalent enterprise value of £657m1 (A$1,310m). Micromine is a top-tier global software provider to the mining industry, with comprehensive solutions across the upstream mining value chain. It supports ...
OceanaGold (Philippines), Inc. (OGP), a publicly listed company, has paid a total of PHP397.7 million in local business tax (LBT) to three municipalities in the provinces of Nueva Vizcaya and Quirino for 2025. OGP remitted an LBT of PHP198.9M to Kasibu town in Nueva Vizcaya, and paid PHP119.3M and PHP79.6M to the municipalities of Nagtipunan and Cabarr...
Celsius Resources is pleased to announce that its Philippine affiliate, Makilala Mining Company, Inc., has signed a binding term sheet with Maharlika Investment Corporation which outlines the key terms of a bridge loan facility of up to USD 76.4 million, to fund the Company’s flagship MCB Project. The Facility is intended to fully finance the updating ...
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...
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