In recognition of its commitment to promoting disaster preparedness and response, Taganito Mining Corporation was hailed as winner of the 2022 Regional Gawad KALASAG Search for Excellence in Disaster Risk Reduction and Management and Humanitarian Assistance under Best Private Organization Category. TMC also received the 1st Gawad KALASAG Seal 2022 awar...

Part 1: The Basics, Defining Reserves & Assessing Strategies - By: Engr. Mae Ann R. Cabasag Strategic Mine Planning (SMP) encompasses technical feasibility, economic viability, social and environmental aspects. It is essential in ensuring optimal resource extraction and sets the mining project’s technical and economic direction. Yet a plethora of m...

HMC has adopted the Municipalities of Dapa and San Benito in Siargao as an answer to the call of the Adopt-a-Municipality Program of the Provincial Government of Surigao del Norte to provide construction materials, food and potable water for the period of six (6) months. The aim of the program is to provide aid and relief to the nine (9) Municipalities...

X-ray diffraction (XRD) is the only laboratory technique that reveals structural information, such as chemical composition, crystal structure, crystallite size, strain, preferred orientation and layer thickness. Materials researchers, therefore, use XRD to analyze a wide range of materials, from powder X-ray diffraction (XRPD) to solids, thin films and na...

Industrial Series Conveyors provide a wide range of solutions for any application for heavy load carrying large capacities. These conveyors have been designed for a rugged and demanding environment. Chief Industrial Conveyors increase your productivity with long-lasting designed to run 24 hours a day, seven days a week. Our team evaluates your specific...

Business needs are ever changing in the country. Aware of these uncertainties, Chevron Philippines Inc.’s (CPI’s) enhanced business to business (B2B) service, Caltex Business Solutions, addresses customers’ critical operational and business issues by building business solutions to help them achieve their goals. Committed to long term technology developmen...

Photo: Department of Energy (DOE) Secretary Raphael Lotilla announces that the agency has formed a law and energy advisory panel that will iron out policies in the country's energy sector. Lotilla made the announcement on Thursday (Aug. 25, 2022). (Screenshot during the DOE virtual press conference) Department of Energy (DOE) Secretary Raphael Lotilla ...

Photo credit: The Chamber of Mines of the Philippines The Chamber of Mines of the Philippines (CoMP) expressed concern over a proposed tax measure that may push back recent gains of the mining sector and deter prospective investments to the sector. The bill passed by the House committee on ways and means proposes the imposition of a royalty tax of 5...

A House of Representatives panel on Wednesday approved a new fiscal regime for the mining sector, which is expected to generate PHP37.5 billion in its first full year of implementation. The House ways and means committee approved a bill proposing a rationalized and single fiscal regime applicable to all existing and prospective large-scale metallic min...

Photo credit: Bilyonaryo DMCI Mining Corporation posted an 8-percent upturn in standalone second-quarter core net income from P502 million to P542 million as higher selling prices and stronger US dollar offset the combined impact of lower shipments and higher fuel costs. Including the impact of CREATE law last year, its standalone net income for the...

Photo credit: Global Ferronickel Holdings Global Ferronickel Holdings, Inc. (FNI) recorded a consolidated net income of ₱417.4 million for the period ended June 30, 2022. The results are driven by the April to June mining operations of Platinum Group Metals Corporation (PGMC) in Surigao del Norte, with incremental contributions from PGMC International ...

In a boon for mining in the Philippines, Finance Secretary Benjamin Diokno has earmarked the sector as a source for long-term economic growth amid the pandemic. As reported in business publication, Rappler, Mr. Diokno said: “The mining industry holds the greatest potential to be a key driver in our economic recovery and long-term growth, especially now...

Photo credit: Apex Mining Apex Mining’s total revenue for the second quarter of 2022 reached PHP2.537 billion, 65% higher year over year (YoY). This pegs the resulting consolidated net income after tax of the company at PHP917.6 million, a 337% increase YoY. “This consolidated quarter net income is an an all-time high for Apex Mining,” says Apex Min...

Transport Secretary Jaime Bautista and Chinese Ambassador Huang Xilian restart “negotiations for major transport projects” in a formal meeting at the Chinese Embassy in Makati City on Aug. 11, 2022. They also tackled three China-funded railway projects -- the PNR South Long Haul Project (North-South Commuter Railway), Subic-Clark Railway and Mindanao Rail...

Photo credit: Department of Public Works and Highways The Korea Eximbank (KEXIM) Manila Representative Office, implementing agency of the Korean Government’s Economic Development Cooperation Fund (EDCF) Official Development Assistance (ODA) program in the Philippines, is keen on levelling up funding support to infrastructure development priorities of t...

Photo Credit: Arrow Creatives Nickel Asia Corporation, the Philippines’ largest producer of lateritic nickel ore, reported a 41-percent increase in attributable net income for the first semester this year. Based on unaudited financial and operating results for the six-month period ended June 30, 2022, attributable net income increased to P3.83 billi...