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...

(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...

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...

Here’s something to look forward to this December. Taguig City, Metro Manila, Philippines — September 3, 2024 The Geological Society of the Philippines (GSP) officially launched GEOCON 2024 at the PNOC Networking Hall. As the country’s leading geological conference, the launch provided an exclusive preview of the upcoming conference, set to take pla...

An Executive Order (E.O.) that will define and establish a policy on mining royalty is being drafted by the Department of Environment and Natural Resources (DENR), to be passed for approval by Malacañang. At a recent Mining Philippines event, Digging Deeper: A Mining Policy Forum, Prof. Carlos Primo David, DENR Undersecretary for Integrated Sciences, s...