Philex Mining Corporation, one of the oldest and largest gold and copper producers in Southeast Asia, and a leader in right and principled mining, generated Php388 million Core Net Income and EBITDA of Php635 million for 1Q2023 against the backdrop of favorable gold prices and foreign exchange rates that kept them within safe margins as a continuation fro...

Photo: Joint site inspection together with project owner COHECO team, and PCML technical team at COHECO hydropower project in Benguet. Peregrine Construction and Management L.L.C., Inc. (PCML) has moved its corporate office from Pampanga to Baguio City, Benguet. The move brought about PCML’s business growth up north with its continuous projects lea...

Photo: Company officials of the 2022 PMIEA recipients with DENR Secretary M.A. Yulo Loyzaga, Executive Secretary L.P. Bersamin, and COMP Vice Chairman Mr. G.H. Brimo Recipients of the 2022 Presidential Mineral Industry Environmental Award (PMIEA) represented by their company officials attended the Ceremonial Awarding held at the Bonifacio Hall of the M...

The Department of Public Works and Highways (DPWH) has formalized its collaboration with the Department of Information and Communications Technology (DICT) to ensure faster, more streamlined, and convenient delivery of services to its stakeholders nationwide. DPWH Secretary Manuel M. Bonoan and DICT Secretary Ivan John E. Uy signed on Tuesday, April 25...

Photo credit: Department of Transport The Asian Development Bank (ADB) will fund 12 projects worth around USD19 billion in the country next year. In the presentation of ADB Philippines Country Director Kelly Bird during the mapping the investment ecosystem forum in Taguig City Wednesday, eight of these projects are in Mega Manila and five projects a...

Photo credit: Light Rail Manila Corporation The first phase of the 11.7-kilometer (km) Light Rail Transit Line 1 (LRT-1) Cavite Extension Project is nearing completion, according to the Light Rail Manila Corporation (LRMC), the private operator of LRT-1. In a statement on Friday, the LRMC said the progress rate for the project has reached 82.7 perce...

Photo Credit: Arrow Creatives State-run pension fund Government Service Insurance System (GSIS) has invested P1.46 billion in natural resources development company Nickel Asia Corp. The GSIS investment involved a purchase of a total of 233,558,653 common shares, done through a block sale approved by the Philippine Stock Exchange on April 12, 2023. ...

Commitment to innovation. Product development. Market insights. Unmatched experience. These are just some of the things that give Valley Blades Limited—and our customers—the leading edge. The Grader-Link ProTM mining grader blade by Valley Blades delivers longer wear life compared to standard OEM blades. Uniquely designed in locking segments of 46lb...

Photo: In September 2022, Major Drilling Philippines teams reached 1,494,810.24 lost time injury-free hours at the Masbate Gold Project When you arrive at a Major Drilling platform, the first thing you see is a two-meter gold and white safety sign with prominent blue icons. Each image depicts the specific Personal Protective Equipment drillers or visit...

A total of 332 patients benefitted from the Nickel Asia Corp. (NAC) and Taganito HPAL Nickel Corp. (THPAL) Medical-Surgical Mission from February 12-17 at the Surigao del Norte Provincial Hospital (SDNPH) in Placer, Surigao del Norte. Of the 332 patients, 174 had undergone minor operation, and 158 patients for major operation. Before the start of the M...

Industrial conveyor systems are extremely versatile; they can be modified and customized to fit your application. Chief industrial conveyors are utilized for long, overland applications and move many types of commodities. We have designs available for installation in port facilities, coal, mining, biomass, and any industrial operation. At Chief, we off...

Photo credit: Benguet Corp Listed miner Benguet Corporation (BC) registered consolidated revenues of PHP4.03 billion in 2022, up by 5 percent from PHP3.84 billion in the previous year. In a statement issued on Monday, the company said its revenues were generated mainly from nickel, gold and lime sales. It sustained strong performance with operati...

Photo credit: The Department of Public Works and Highways The Department of Public Works and Highways (DPWH) is looking to start the construction of the Bataan-Cavite Interlink Bridge (BCIB) within the first quarter of 2024. The 32.15-kilometer, four-lane BCIB will connect Barangay Alas-asin in Mariveles, Bataan to Barangay Timalan Concepcion in Nai...

Photo credit: The Department of Public Works and Highways President Ferdinand R. Marcos Jr. said Friday the PHP175.6 billion Bataan-Cavite Interlink Bridge (BCIB) project is seen to boost the regional economies of the two provinces through improved connectivity. During the bridge's milestone ceremony in Mariveles, Bataan, Marcos said new economic op...

The Department of Public Works and Highways (DPWH) longest road mountain tunnel project in Mindanao is on full steam of implementation. In his report to Secretary Manuel M. Bonoan, Senior Undersecretary Emil K. Sadain, in-charge of the implementation of DPWH infrastructure flagship projects said that tunneling activities for the 2.3-kilometer twin tube...

Photo credit: Apex Mining Apex Mining Co., Inc. recorded a PHP 3.339 billion consolidated net income in 2022. Meanwhile, consolidated revenues reached Php10.310 billion. The consolidated revenues were up 39% YoY with gold accounting for Php9.854 billion and silver Php0.456 billion. Apex Mining’s consolidated net income increased 408% YoY. Total volu...