The Chamber of Mines of the Philippines (COMP) said its 19 member-companies will fully implement the Towards Sustainable Mining (TSM) initiative, a global environmental, social, and corporate governance performance measurement standard. In a statement over the weekend, COMP said TSM is a set of tools and indicators to ensure that key mining risks are ...
As part of the Memorandum of Understanding between the Japan Organization for Metals and Energy Security, formerly Japan Oil, Gas and Metals National Corporation (JOGMEC), and the Mines and Geosciences Bureau (MGB), an On-the-Job Training Course on Environmental Protection and Rehabilitation was conducted at the abandoned mine site of Barlo Mine located i...
The much-awaited inter-island bridge project of the Department of Public Works and Highways (DPWH) in Northern Mindanao is on the verge of completion this year, with funding poised to play a pivotal role. Senior Undersecretary Emil K. Sadain, in-charge of DPWH infrastructure flagship projects, said that civil works for the 3.17-kilometer Panguil Bay Br...
The Department of Transportation (DOTr) and energy utility provider Meralco on Thursday signed an agreement to power the Metro Manila Subway --the country’s first underground railway. During the signing of the ‘Switching Station Agreement with Deeds of Usufruct,’ Transportation Secretary Jaime Bautista said the partnership will guarantee “uninterrupted...
Expenditures of the national government for infrastructure and other capital outlays grew to P1.02 trillion from January to November 2023. This is an 18.5 percent or P159.8 billion increase to what was recorded in the same period in 2022 at P861.8 billion. “Government spending is vital to national growth. Thus, to help buttress robust economic growt...
Weir’s Chief Strategy and Sustainability Officer Paula Cousins recently spoke at COP28 in the United Arab Emirates about the importance of harnessing innovative technologies to make mining more sustainable. In a panel discussion hosted by the Ministry of Economy, Trade and Industry of Japan and moderated by the World Business Council for Sustainable D...
The first phase of the Mindanao Railway Project (MRP) is set to begin with pre-construction activities in Davao City, Tagum and Digos while the search for the project’s funding continues. During a town hall meeting on the railway sector in Davao City Tuesday, Department of Transportation (DOTr) Secretary Jaime Bautista said alternative funding sources ...
Senior representatives from several key government agencies in the Philippines including the Department of Public Works and Highways (DPWH) participated on a familiarization visit in the United Kingdom per invitation of British Embassy Manila to the Department of Finance (DOF), to explore ways of financing and delivering new sustainable infrastructure pro...
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, ...
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