Celsius Resources Limited is pleased to announce an updated JORC compliant Mineral Resource estimate (“MRE”) for the Sagay Copper Project (“Sagay” or “Project”), held under its Philippine Subsidiary, Tambuli Mining Company, Inc (“TMCI”) and located at the Island of Negros in the Philippines. The update to the MRE at Sagay is largely based on the result...
The Didipio Gold-Copper Mine has set aside PhP 169 million for its Community Development Fund (CDF) this year, benefitting 52 barangays in the provinces of Nueva Vizcaya and Quirino. This is a 24% increase from their 2023 allocation of PhP 136 million. “We have expanded the CDF coverage to 52 barangays in 2024 from 44 last year. This is proof of our co...
Celsius Resources Limited is well-positioned to capitalise on the burgeoning copper market, financial services company WH Ireland has revealed in a research note. Subject to approvals and funding, WH Ireland believes the Company’s portfolio of advanced projects in the Philippines, near-term production potential, and favourable long-term outlook, presen...
The Department of Transportation (DOTr) has encouraged the private sector to invest in the government’s several transportation projects under the public-private partnership (PPP). During his speech before the Philippine Chamber of Commerce and Industry in Makati City Thursday, DOTr Secretary Jaime Bautista said such investments are “highly investible” ...
The Panguil Bay Bridge, Mindanao's longest bridge under construction, is now 88 percent complete. The Lanao del Norte province wants it opened sooner by fielding its own equipment. In a statement on Tuesday, Governor Imelda Dimaporo said the acquisition of added equipment, such as an amphibious excavator, can fast-track the dredging not only of the ...
Vietnam’s largest real estate firm Vingroup has expressed interest in investing in the production of electric vehicle (EV) batteries in the Philippines, Malacañang said Tuesday. The plan was discussed during President Ferdinand R. Marcos Jr.’s meeting with Vingroup executives on the first day of his state visit to Vietnam on Monday, Presidential Commun...
The United States (US) government has offered its support to the Philippines in developing the country’s mineral processing and renewable energy (RE) sectors. US Under Secretary for Economic Growth, Energy, and the Environment Jose Fernandez said in an interview here Tuesday that the US government can help the Marcos administration to engage with count...
Part 1: Defining Objectives, Stope Optimization, Stability Analysis and Schedule By Engr. Mae Ann R. Cabasag In today's mining industry, meeting market demand while ensuring sustainable extraction of Earth's resources is paramount. Given that market forces and changing conditions can greatly affect a mining company’s ability to meet market demand, ...
The construction industry is a key contributor to the Philippine economy. The Philippine government’s flagship infrastructure project, which was renamed “Build Better More” by the current administration, was introduced to propel the country to achieve a more developed and connected life among Filipinos. One of the big projects is the Metro Manila Subway P...
A lawmaker on Monday proposed the construction of two light rail lines on C5 Road and Metro Manila Skyway to ease the traffic congestion in Metro Manila. Manila Rep. Joel Chua, vice chair of the House Committee on Metro Manila Development, said he is willing to support through future national budgets the conduct of feasibility studies for these new lig...
Danish firm Copenhagen Infrastructure Partners (CIP) is investing PHP108 billion to develop the 650 megawatt (MW) offshore wind power project in Northern Samar, the provincial government announced on Friday. The local government said that Board of Investments (BOI) Assistance Service Director Ernesto de los Reyes confirmed this in a meeting with Govern...
The Department of Public Works and Highways (DPWH) is excited to announce significant progress for its Davao City Bypass Construction Project. According to DPWH Senior Undersecretary Emil K. Sadain, the Unified Project Management Office (UPMO) - Roads Management Cluster I (Bilateral) headed by Project Director Benjamin A. Bautista is aiming for faster ...
To boost food security in the town and support local farmers, Taganito Mining Corp. (TMC) handed over a P22-million rice mill complex facility to the Claver Red Mountain Cooperative (CREMACO) last Sept. 6 in Claver town, Surigao del Norte province. The rice mill complex, to be situated in Barangay Daywan, is equipped with a milling building, a mechanic...
The local government unit (LGU) of Claver, Surigao del Norte recognized Taganito Mining Corporation (TMC) as one of its highest taxpayers for the year 2022 during the municipality’s Panaghiusa Festival Garbo nan Claver Awards Night on September 11, 2023. TMC gained the following awards: Rank 1, Top Taxpayer Award for Mining Operations; Rank 2, Top Taxp...
Hunan Wuxin Tunnel Intelligent Equipment Co., Ltd.(Uniroc -- overseas brand) founded in 2010, is a listed company in Beijing Stock Exchange (stock code: 835174), focusing on the research and development, manufacturing and sales of complete sets of equipment for drilling and blasting tunnel construction and underground mining. The company's business cov...
“One of the first conditions of happiness is that the link between man and nature shall not be broken.” Leo Tolstoy Hinatuan Mining Corporation-Tagana-an Nickel Project (HMC-TNP) joined this year’s Earth Day celebration with the theme “Invest In Our Planet”. HMC-TNP invested for a brighter future through addressing environmental challenges with diff...
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