Mining operations within the Marikina River Basin should not be blamed for the massive flooding that engulfed some parts of Marikina and Rizal province during the onslaught of Typhoon Ulysses, the deadliest and most destructive typhoon to hit the country in 2020. This was indicated in the recent...
The Philippines’ nickel output declined in 2020 amid the COVID-19 pandemic, but thanks to higher global prices, its full-year export value went up to P25 billion. Citing data from Mines and Geosciences Bureau (MGB), Philippine Nickel Industry Association (PNIA) revealed that the country’s...
Despite environmental concerns, JDVC Resources Corporation, a subsidiary of publicly listed company Apollo Global Capital (APL), is eager to push for the start of the commercial operation of its large-scale offshore mining in Cagayan next month. In a statement, Jun Herrera, JDVC and APL...
Listed Apex Mining Co., Inc. (AMCI) is yet to operate its Maco Mine in Davao de Oro at full capacity after more than 20 percent of its workers in the area contracted COVID-19 in December last year. Based on its report to Mines and Geosciences Bureau (MGB), AMCI said that its mine and mill...
Carmen Copper Corporation (CCC), an operating mine of Atlas Consolidated Mining Development Corporation (ACMDC) based in Toledo City, Cebu, confirmed that around that a slide happened at its Carmen Pit in the afternoon of December 21, 2020. In a statement, CCC said the slide at its mine operations...
Despite the COVID-19 pandemic, the Philippine government is still determined to award the country’s best mining companies. A Mines and Geosciences Bureau (MGB) memorandum showed that the agency, tasked to regulate and develop the country’s mining sector, has already started the nomination...
The Philippines’ first large-scale offshore mining operation is set to start in January next year, involving the extraction of thousands of metric tons of magnetite iron reserves in the seabed off Cagayan. JDVC Resources...
With higher exports and few layoffs, the country's mining sector has remained largely unaffected by the COVID-19 pandemic, a mining official said. In a webinar hosted by Arangkada Philippines, Chamber of Mines of the Philippines (COMP) Chairman Gerard Brimo said on Wednesday that the mining sector...
A week since Typhoon Ulysses hit the country, the Mines and Geosciences Bureau (MGB) has allowed miners to re-align their funds for their respective Social Development and Management Programs (SDMP) to bankroll their typhoon relief efforts. “In the interest of public service and for humanitarian...
Regulated use of explosives in small-scale mining areas may be allowed in the amended version of the Republic Act (RA) 7076 or the People's Small-Scale Mining Act, a top official at Mines and Geosciences Bureau (MGB) said. This alarmed an environmental group, which said the MGB does not even have...
Philex Mining Corporation registered a new high quarterly core net income, and ended the first nine months of the year on an encouraging note. In a disclosure to the Philippine Stock Exchange, the firm reported a core net income of P865 million for the first nine months of 2020 from only P39...
Philex Mining Corporation reported that it has partially resumed underground operations at its Padcal Minesite, at 50 percent operational capacity, after its previously-declared temporary suspension. The suspension was done to implement measures to avoid the risk of community transmission of...
