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Filminera, PhilGold feted for 5-year safety record in Masbate Gold Project

The Philippine Mine Safety and Environment Association (PMSEA) awarded Filminera Resources Corporation (Filminera) and Phil. Gold Processing & Refining Corp. (PhilGold) the Platinum Achievement and Safest Mine Award, respectively, at PMSEA’s 69th Annual National Mine Safety and Environment Conference......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles

The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

SPNEC confirms it is looking for investors in Terra Solar to help fund project dev t

SP New Energy, Meralco’s new renewable energy subsidiary, confirms a report that it was seeking investors to help fund the development of the 3.5 GW Terra Solar project, but clarified that it is only seeking investors “at the Terra Solar Philippines Inc. level,” and that it has only “just launched the process and are still in discussions with various possible investors.” .....»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Philex unit secures $70 million funding for Silangan mine

A wholly owned subsidiary of Pangilinan-led Philex Mining Corp. has secured an additional $70 million funding for the development and operation of its Silangan mine project in Surigao del Norte......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Signal shutdown mulled at Dinagyang festival

Signal shutdown mulled at Dinagyang festival.....»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

No Signal Shutdown for Sinulog Festivities, says Mayor Mike Rama

There will be no signal shutdown in all of the events leading to the feast of the Santo Nino de Cebu and at the Sinulog Festival on January 21, officials said. On the other hand, at least 3,500 personnel from the Philippine National Police, Armed Forces of the Philippines, Philippine Coast Guard, and the Bureau of […].....»»

Category: newsSource:  metrocebuRelated NewsJan 11th, 2024

Didipio mine on track to hit output target

Didipio gold mine is on track to hit its 2024 production guidance after producing over 26,000 ounces of gold and 3,000 metric ounces of copper in the first quarter, OceanaGold Corp. said......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Southern Philippines gold mine landslide death toll rises to 68

MANILA, The Philippines: This week, officials said that the death toll from a landslide in the southern Philippines on February 6 rose to 68, stressing that the window for finding more survivors was closing. Rescuers were looking for 51 more missing people, they added. The landslide, which happened outside a gold mine in Maco in Davao de Oro province, buried homes and vehicles that transported employees.....»»

Category: sportsSource:  abscbnRelated NewsFeb 17th, 2024

Gold mine landslide death toll in southern Philippines goes up to 68

MANILA, The Philippines: This week, officials said that the death toll from a landslide in the southern Philippines on February 6 rose to 68, stressing that the window for finding more survivors was closing. Rescuers were looking for 51 more missing people, they added. The landslide, which happened outside a gold mine in Maco in Davao de Oro province, buried homes and vehicles that transported employees.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

IPMR eyes campaign to urge IP parents to send kids to school

The Davao City Indigenous Peoples Mandatory Representative (IPMR) is set to start a campaign encouraging parents from the Indigenous community to send their children to school as part of their goal to produce a group of IP graduates from different tribes through the Iskolar ng Tribu Program......»»

Category: newsSource:  sunstarRelated NewsApr 2nd, 2024

Ariana Grande: ‘Please don’t send hateful messages to people in my life’

MATAPOS ilabas ang latest album na “Eternal Sunshine,” may pakiusap ang international pop singer na si Ariana Grande sa kanyang fans. Nakarating kasi sa kanya na may mga nagpadala o nag-send ng mapopoot na mensahe sa dati niyang mister na si Dalton Gomez, na siyang pinaniniwalaang tinutukoy sa hugot album ni Ariana. Panawagan tuloy ng.....»»

Category: newsSource:  inquirerRelated NewsMar 11th, 2024

China plans to send San Diego Zoo more pandas this year, reigniting its panda diplomacy

China plans to send San Diego Zoo more pandas this year, reigniting its panda diplomacy.....»»

Category: newsSource:  sunstarRelated NewsFeb 22nd, 2024

Bank of Japan ends negative interest rate policy

Bank of Japan ends negative interest rate policy.....»»

Category: newsSource:  sunstarRelated NewsMar 19th, 2024

BAI: Gamefowls from US negative for bird flu

The Bureau of Animal Industry has released the 378 gamefowls held at the Ninoy Aquino International Airport after the birds tested negative for avian influenza......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

The paradoxes of life

Have you ever heard of the term “The Double Negative Paradox?” One day, a linguistics professor said during a lecture, “In English, a double negative forms a positive......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

Philippines to conduct matching event to help foreign investors

MANILA, Feb. 21 (Xinhua) -- The Philippines will conduct a business-to-business matching event on Thursday to assist foreign investors in finding local partners to support the Southeast Asian country's energy transition program, the Department of Energy (DOE) said Wednesday. "Our main objective for this event is to assist investors, listen and understand the challenges in implementing renewable energy (RE) proje.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 22nd, 2024

Philippines to conduct matching event to help foreign investors

MANILA, Feb. 21 (Xinhua) -- The Philippines will conduct a business-to-business matching event on Thursday to assist foreign investors in finding local partners to support the Southeast Asian country's energy transition program, the Department of Energy (DOE) said Wednesday. "Our main objective for this event is to assist investors, listen and understand the challenges in implementing renewable energy (RE) proje.....»»

Category: newsSource:  manilanewsRelated NewsFeb 22nd, 2024

How LGUs shoo away investors

While discussing how Charter change can attract investors, my Viber group colleagues wondered if problems with LGU corruption are a bigger turnoff to investors than Constitutional restrictions on foreign investments......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Why attract foreign investors?

Do we really need to revise our Constitution to attract foreign investors? It will help. We have provisions in our current Constitution that deliver the message that foreign investors are not welcome......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

Info on cornerstone investors now required

The Securities and Exchange Commission (SEC) has laid down rules governing cornerstone investors in initial public offerings, requiring issuers to disclose the necessary information on their prospective investors......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024