Mining and Exploration Today, it is crucial to have an in-depth and well-defined understanding of the geological region when targeting and developing prospective sites. Extensive field work is essential to identify economically significant deposits prior to any extraction operation. This includes comprehensive geologic sampling and analysis, which is ...
Hinatuan Mining Corporation (HMC), a subsidiary of Nickel Asia Corp. (NAC), donates five (5) million pesos for the construction of the first phase of a new Rural Health Unit building in close partnership with Hon. Cesar B. Diaz, Jr., Municipal Mayor of Tagana-an, and Dr. Benjielita P. Notada, Municipal Health Officer (MHO). “HMC committed a total of 10...
The new Atlas Copco’s XAS boX range is the result of 10 years of continuous development and addresses the changing needs of our customers. This range, from 400-850 cfm, combines the rugged durability you need with the performance efficiency you deserve. When we focus on efficiency within this range, it’s all about the strategic triangle of size, flow, and...
Veteran journalist, Abe Almirol, joins Philippine Resources Journal
Photo Credit: Department of Public Works and Highways Public Works and Highways Secretary Mark Villar on Tuesday led the ceremonial opening of the Cavite-Laguna Expressway (CALAx) Sub-section 5 from Silang East Interchange to Sta Rosa-Tagaytay Interchange in Cavite. “While this pandemic may have slowed down and disrupted the implementation of projec...
Photo: Multiflo® mega barges on site in Brazil Dewatering is critical to a mine’s operations and more resources are being allocated to its optimisation. Traditionally, there’s been a tendency among some mine and quarry operations to view dewatering as something to be avoided at all costs – until it can’t be. Therefore, cost minimisation has been the pr...
Making good its promise to take drastic action against illegal settlers in the mineral-rich Barangay Runruno in the town of Quezon, Nueva Vizcaya, the Mines and Geosciences Bureau (MGB) has led an operation leading to the dismantling and confiscation of illegally operating ball-mills, a device used by traditional miners to process gold ore. “The o...
A month after Australian-Canadian miner OceanaGold Corporation (OGC) announced that the company hurdled a breakthrough after more than two years of operational stand-by in Didipio, jobseekers virtually flocked to the company’s local social media page. Didipio mine is OGC’s major asset in the Philippines located 364 kilometres north of Manila. It is und...
Photo Credit: Carmen Copper - With its health and safety protocols already in place, Carmen Copper Corporations was able to maintain full operations throughout 2020. While millions of jobs were lost last year across most sectors following the lockdowns put in place to contain the Covid-19 pandemic, employment in the Philippine mining industry remains l...
Photo Credit: Victor Roman The rehabilitation of the San Juanico Bridge has further delayed its much-awaited lighting project, a Department of Tourism (DOT) official said on Friday. In an interview, DOT Eastern Visayas regional director Karina Rosa Tiopes said the completion of the lighting project will be pushed to early 2022 to give way to the rep...
When Indonesia announced the reimposition of their nickel export ban in 2019, why were many key players in the Philippine mining industry optimistic about this? Was their optimism based on the belief that Indonesia is out of the game due to their nickel export ban? Did the Philippines really benefit from Indonesia’s export ban on laterite nickel ores? ...
DMCI Mining shipped 1.24 million wet metric tons (WMT) of nickel ore from January to June, an all-time high for the company and 45 percent higher compared to the 853,000 MWT shipped during the same period last year. Of the total shipments, 718,000 WMT came from Berong Nickel Corporation (BNC) while Zambales Diversified Metals Corporation (ZDMC) contrib...
Photo Credit: The Department of Public Works and Highways The Department of Public Works and Highways (DPWH) is on track to deliver the Lawton Avenue to Global City viaduct section of the Bonifacio Global City (BGC)-Ortigas Center Road Link Project by end of 3rd Quarter this year. Secretary Mark Villar said that construction of viaduct and approach ...
Global Ferronickel Holdings, Inc. (FNI), the country’s second-largest nickel ore producer, recorded H1 net income of P640.8 million against the P195.8 million it posted during the same period last year. Revenues are up by 68.9% to P2.61 billion compared to P1.54 billion during the same period last year mainly due to higher nickel ore prices and increased ...
CAGDIANAO, Dinagat Islands -- Stress is a word that many people are not a friend of. In fact, never-ending problems or worries arise because of constant stress, dubbing it as the number one enemy of our existence. In the world of the Blue Zone, we can find that most centenarians enjoy their prime years avoiding stress. Their healthy lifestyles take car...
The Cavite Extension project of the Light Rail Transit Line 1 (LRT-1) is 58.03 percent complete after the girder has been installed along the Manila – Cavite Expressway (Cavitex). Once completed, the project is seen to reduce travel time between Baclaran and Bacoor, Cavite from 1 hour and 10 minutes to just 25 minutes and increase passenger capacity fr...
The World of Safety and Security Expo (WOSAS) is a platform to showcase the latest variety of products and services that play a crucial role in commercial or public safety and security. This event is brought to you by Worldbex Services International, a leading event organizer in the country. WOSAS marks its milestone as it launches its very first onli...
Public Works and Highways Secretary Mark Villar announced that the on-going works for the Panguil Bay Bridge Project stays on track within the target completion of December 2023. Secretary Villar said that progress of works for the Northern Mindanao’s mega inter-island connection is now at 22 percent as major equipment intensifies preparation of the br...
President Rodrigo Duterte has signed a law establishing the Philippine Energy Research and Policy Institute to enhance the country’s capability for energy research and policy development. Republic Act 11572, signed by Duterte on July 30, establishes the institute as an independent agency attached to the University of the Philippines (UP) with a separat...
Nickel Asia Corporation announced its unaudited financial and operating results for the six-month period ended June 30, 2021 with an attributable net income (net of minority interest) of P2.73 billion, a 579% increase from P401.4 million reported during the same period last year. Earnings before interest, tax, depreciation, and amortization (EBITDA) amoun...
OceanaGold Corporation reported its financial and operational results for the quarter ended June 30, 2021. Michael Holmes, President and CEO of OceanaGold said, “I am very pleased with the operational and financial performance of the business in the second quarter 2021. Haile delivered a record quarter of gold production and is well on-track to deliver on...
Albay Rep. Joey Sarte Salceda has called for the passage of the proposed fiscal regime for the mining industry, saying the industry is a potential job creator in the post-COVID future. Salceda, chairman of the House committee on ways and means, emphasized the natural wealth potential of the Philippines, but observed "key deficiencies in the country’s e...
Photo Credit: Redjie Melvic Cawis Philex Mining Corporation announced that the Company achieved another new high in its revenues and core net income for 2Q2021. Philex recorded a Core Net Income of Php610 million for the 2nd quarter. In addition to the Php540 million core net income it already recorded in 1Q2021, Philex registered a new high core net i...
President Rodrigo Roa Duterte inaugurated on Thursday, July 29, 2021 the Estrella - Pantaleon Bridge, a modern bridge that will connect the cities of Mandaluyong and Makati within five (5) minutes. The President was joined by Chinese Ambassador to the Philippines Huang Xilian, Department of Public Works and Highways (DPWH) Secretary Mark Villar, Senato...
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