The PHP19.3 billion Samal Island-Davao City Connector (SIDC) project is expected to be completed by September 2028, according to the Department of Public Works and Highways (DPWH) 11 (Davao). Dean Ortiz, DPWH-11 spokesperson, said in a press briefing Wednesday that as of Nov. 25, the overall project accomplishment stands at 6.45 percent. The civil w...

The Philippines and the United Arab Emirates (UAE) have signed a Memorandum of Understanding (MOU) to deepen energy transition cooperation. The MOU was one of the key agreements reached at the meeting between President Ferdinand R. Marcos Jr. and UAE President Mohammed bin Zayed Al Nahyan during Marcos' working visit to the Gulf state last Nov.26. I...

Two mining companies operating in Masbate province have accomplished a milestone of six years, or 2,192 days, without a lost time injury (LTI) involving their workers, employees and contractors as of this November. In an interview on Friday, Marionne Ruiz, spokesperson for Filminera Resources Corp. (FRC), said the achievement to secure the safety of mo...

PNIA members bagged a total of 19 major PMIEA awards. The Philippine Nickel Industry Association (PNIA), the largest group of nickel miners in the country, proudly announces that 9 of its member companies have received multiple prestigious awards at the 2024 Presidential Mineral Industry Environmental Award (PMIEA) ceremony, held during the 70th Annual...

The Philippines and New Zealand signed a joint declaration and areas of cooperation on climate change on November 19 as a demonstration of the two countries’ commitment to the goals of the Paris Agreement and the transition to a low-emissions economy. Department of Environment and Natural Resources (DENR) Secretary Maria Antonia Yulo Loyzaga and New Ze...

The government is highlighting the need for the mining sector to adopt sustainable practices to make it competitive while being environment-friendly. The Department of Science and Technology (DOST) has funded a three-year study that will help make the mining industry more sustainable and results of which will be presented to stakeholders who will atten...

Celsius Resources (ASX/AIM: CLA) is pleased to announce that its Philippine affiliate, Makilala Mining Company, Inc. (MMCI), has secured a six-month extension to fulfil funding requirements for its Maalinao-Caigutan-Biyog (MCB) Copper-Gold Project. Granted by the Philippine Department of Environment and Natural Resources (DENR) and the Mines and Geosci...

Apex Mining Co., Inc.’s consolidated net income for the third quarter of 2024 was P1.31 billion, up 27% over its net income in the same period of 2023, which was P1.03 billion. For the three quarters of 2024, Apex Mining’s consolidated net income reached P3.07 billion or was 33% (P762.49 million) higher versus the P2.31 billion consolidated net income in ...

Listed natural resources development company Nickel Asia Corporation (NAC) announced recently its unaudited financial and operating results for the nine-month period ended Sept. 30, 2024, with an attributable net income (net of minority interest) of P2.55 billion, lower than the P3.65 billion reported during the same period last year. Earnings before i...

The recent October monthly meeting of the Philippine Mining and Exploration Association (PMEA) was filled to capacity as industry players eagerly awaited the keynote of newly appointed Department of Environment and Natural Resources (DENR) Assistant Secretary (ASec.) for Mining Concerns and concurrent OIC Director of the Mines & Geosciences Bureau (MG...

(Part One of Two) Written by Noel B. Lazaro, Eveart Grace P. Claro, Judd Yonder L. Reyes, and Marielle D. Marbella In the foothills of Brooke’s Point, Palawan, the air is thick with purpose as workers press seedlings into the earth, each one a small promise for a greener future. Two years into its operation, the Ipilan Nickel Project has planted nea...

​ It has been almost four decades since I have worked in the resources and energy industry. My career history can be set against the backdrop of the ups and downs of the industry starting from the time I began working as a government petroleum geologist up to the present where I am both a government regulator and a private law practitioner. I witnes...

The Weir Group PLC (Weir), a global mining technology leader, has been awarded contracts to supply its market-leading WARMAN® slurry pumps and CAVEX® hydrocyclones to Teck’s Highland Valley Copper (HVC) Mine Life Extension (MLE) project in Canada. Teck’s Highland Valley Copper Mine Life Extension Project aims to extend the mine’s operational life by en...

At MMD, our strong focus on innovation and community engagement plays a key role in shaping our future path. We believe that progress involves not only advancing technology but also a positive, sustainable impact on society and the environment. As we continue to develop groundbreaking products, we remain dedicated to addressing global challenges, supporti...

The new Minetruck MT66 S eDrive is the first of Epiroc’s large-capacity mine trucks to feature the latest generation electric drivetrain. Along with an upgraded and powerful diesel-engine, the hauler combines the cost-effectiveness of a traditional mine truck with the productivity of an electric one – without requiring change to a mine’s infrastructure. ...

The Asian Development Bank (ADB) has approved up to almost USD1.7 billion in funding for the Laguna Lakeshore Road Network Project (LLRN) to promote regional connectivity and reduce travel time between Manila and Laguna province. In a statement on Thursday, the ADB said the amount will be used to help build a climate-resilient 37.5-kilometer (km) expre...

Philex Mining Corporation generated Php200 million core net income and an EBITDA of Php506 million for 3Q2024 compared with the Php163 million core net income and EBITDA of Php337 million for the same period in 2023. This brings a total of Php610 million core net income and a total EBITDA of Php1.418 billion for the first nine months of 2024 compared with...

Global Ferronickel Holdings, Inc. a leading nickel ore producer in the Philippines, reported revenues of ₱5.732 billion, net income attributable to shareholders of ₱502.6 million, and earnings per share of ₱0.0981 for the first nine months of 2024. “We continue to focus on operating efficiently and managing cost, while building and keeping momentum,” F...

Apex Mining Company Inc., in partnership with SBF Phil. Drilling Resources Corp., recently conducted a medical outreach program with the goal of helping the entire community of Barangay Panibasan, Maco Davao De Oro. Free medical services and legal consultation were provided to the people, including medical check-ups by our doctors and free medicines, v...

The TVI Resource Development Philippines Inc. (TVIRD) Group of Companies continues to push the standard for occupational safety and health within the Philippine mining industry through is parallel victories in the regional leg of the coveted Gawad Kaligtasan at Kalusugan (GKK) Award. The company’s Balabag Gold-Silver Project in Zamboanga del Sur, along...

Showing its commitment to transforming the industry through safer, more productive and more sustainable drilling solutions. Sandvik recently launched the Centrevo digital suite, which empowers customers through a vast array of rock tools performance data, business insights and expert support. By enabling connected collaborations, with easy-access data ...

Integrated energy company Semirara Mining and Power Corporation (SMPC) reported an 8-percent drop in third-quarter earnings to P3.1 billion, from P3.4 billion in the same period last year, primarily due to reduced contribution from the coal segment amid stabilizing market indices. “As anticipated, stabilizing market prices exerted pressure on our margi...

[Oct. 17, 2024] The Westin Manila -- Digging Deeper: A Mining Philippines Policy Forum is a one-day conference that tackles the most pressing legal and regulatory issues of the mining industry today. On his Welcome Address, Atty. Michael T. Toledo, Chairman at Chamber of Mines of the Philippines, emphasized the need to address key challenges in the cou...

During a mid-year mining event by the Philippine Mining Club, guest speaker, Dante R. Bravo, discussed the Philippine mining industry’s growth, particularly nickel, amidst global trends on green technologies. Bravo is a member of the Board of Trustee of the Chamber of Mines of the Philippines and President of the Philippine Nickel Industry Association, In...