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Lower output cuts Philex profit
Pangilinan-led Philex Mining Corp. saw its 2023 core net income decline to P963 million year-on-year due to lower output and elevated operating costs and expenses......»»
Apex Mining must be held accountable, says Lumad group
DAVAO CITY (MindaNews / 13 February)—An indigenous group has condemned Apex Mining Company for their apparent neglect of their workers and demanded that the firm be held accountable for the casualties during the February 6 landslide in Masara. “Why did Apex Mining company continue its 24-hour mining operations, using three shifts of workers, during the […].....»»
Legislator Urges DENR to Investigate Mining and Quarrying Activities in Catanduanes
Congressman Leo Rodriguez strongly encourages the leadership of the Department of Environment and Natural Resources (DENR) to investigate mining and quarrying activities in the province of Catanduanes. Despite the Provincial Board’s withdrawal of their resolution allowing small-scale carbon mining, the congressman hints at the authorities due to the lack of action on his complaints. According […] The post Legislator Urges DENR to Investigate Mining and Quarrying Activities in Catanduanes appeared first on Bicol Peryodiko......»»
Debt balloons to P14.8 trillion
The issuance of domestic securities and the weakening of the peso pushed the country’s outstanding debt to a fresh high of P14.79 trillion in January, latest data from the Bureau of the Treasury showed......»»
PLDT, ABS-CBN call-off P6.75-B SkyCable deal
PLDT and ABS-CBN “mutually decided not to proceed with the sale of Sky Cable to PLDT under the sale and purchase agreement signed by and among the parties in March 2023.”.....»»
PLDT Global taps NGA 911’s emergency response system
PLDT Global Corp., the international unit of the local telco giant, is enabling US-based technology solutions provider Next Generation Advanced 911 (NGA 911) to help boost emergency response systems in the Philippines with advanced technology, delivered through the nationwide PLDT network infrastructure......»»
Charter change could worsen destructive mining impact
By DOMINIC GUTOMAN AND ZYSA MEI ELLORAN Bulatlat.com MANILA – For environmental defenders, the government’s push for charter change (cha-cha) could worsen the already dire impacts of destructive mining corporations on vulnerable communities. The Kalipunan ng Katutubong Mamamayan ng Pilipinas (Katribu) and Youth Advocates for Climate Action Philippines (YACAP) held a protest in front of… The post Charter change could worsen destructive mining impact appeared first on Bulatlat......»»
Stocks up, peso breaches 56:$1
The stock market posted slight gains yesterday as it tracked upswing in US markets, while the peso weakened and breached the 56 to $1 barrier......»»
Peso underperformance likely to continue – MUFG
The Philippine peso may continue to underperform against the dollar this quarter amid the country’s wide current account deficit and expensive foreign exchange valuations, Tokyo-based MUFG Bank said......»»
Calls for probe, shutdown of mining firm grow after Davao de Oro landslide
'Apex Mining and other mining companies in Mindanao have clearly endangered the lives of hundreds,' says activist Jon Bonifacio of the Kalikasan People's Network for the Environment.....»»
Maco landslide: Apex Mining says 3 buses, jeepney waiting to shuttle workers accounted
DAVAO CITY (MindaNews / 10 February) – The three buses and a jeepney waiting for workers of Apex Mining Corp. were found buried in the landslide that hit Barangay Masara in Maco, Davao de Oro, the company said. In a statement sent to MindaNews Saturday, Ma. Teresa Lopez Pacis, Apex Mining assistant vice president for […].....»»
Abra Mining investors turning up the heat on SEC and PSE to resolve unlisted shares issue
Shareholders of Abra Mining, together with stockbroker Victor Dominquez, are seeking a Congressional inquiry into “the alleged failure of the SEC and PSE to formalize charges against the executives of Abra Mining...” for their role AR’s sale of shares which were unlisted and unregistered during the “basura” (garbage) stock frenzy that heated up in late 2020 and overboiled in early 2021......»»
PMPI joins Church and CSOs in Samar, calls for a Stop of Mining in all Samar Islands
A Stop to Mining call reverberated in Guiuan, Eastern Samar on January 20, 2024, with thousands of people from different parts of Samar and Leyte converging at the Immaculate Concepcion Church in Guiuan to express their sentiments against the destructive activities of mining on the island of Samar.Spearheaded by the three (3) Dioceses of Samar, together with the support of the Philippine Misereor Partnership and.....»»
PMPI joins Church and CSOs in Samar, calls for a Stop of Mining in all Samar Islands
A Stop to Mining call reverberated in Guiuan, Eastern Samar on January 20, 2024, with thousands of people from different parts of Samar and Leyte converging at the Immaculate Concepcion Church in Guiuan to express their sentiments against the destructive activities of mining on the island of Samar.Spearheaded by the three (3) Dioceses of Samar, together with the support of the Philippine Misereor Partnership and.....»»
Small-Scale Mining sa Barangay Obi, May Permit na mula sa DOE
Caramoran, Catanduanes – Mahigpit na tinututulan ng mga residente maging mayoriya ng Barangay Council ang panukalang Small-Scale Mining sa Barangay Obi, Caramoran, Catanduanes. Itoy matapos lumabas na ang sinasabing permit mula sa Department of Energy (DOE) na nakapangalan sa isang nagngangalang Adelbert Z. Almario. Si Almario ay tubong Barangay Mabini, Caramoran na nabigyan ng coal […] The post Small-Scale Mining sa Barangay Obi, May Permit na mula sa DOE appeared first on Bicol Peryodiko......»»
Royalty on mining operations outside reservations pushed
The Mines and Geosciences Bureau (MGB) said that mining operations outside mineral reservations must pay a royalty as part of the government’s rationalization of the country’s mining fiscal regime......»»
Apex Mining clarifies landslide outside site, joins rescue efforts
APEX Mining Co. Inc. clarified that the tragic landslide, claiming at least seven lives in Zone 1, Barangay Masara, Maco, Davao de Oro on February 6, 2024, occurred outside their mining site jurisdiction......»»
No miners trapped in Mati City – OCD-XI
DAVAO CITY (MindaNews / 20 January) – It is not true that miners were trapped in a wooded mining site operated by Hallmark Mining Company in Mati City, around noon on Friday, January 19, an official said. “Dili po tinuod na trapped ang mga miners, na-isolate lang to sila sa mining area kay naa landslides […].....»»
PLDT’s Davison braces for Van Sickle, Angels
Filipino-Canadian hitter Savi Davison is preparing herself for tougher competition as she plays her second season in the Premier Volleyball League (PVL) with the PLDT High Speed Hitters......»»
Majoy Baron ready to step up for PLDT as Mika Reyes sits out PVL All-Filipino
Majoy Baron hopes to provide an immediate impact for PLDT as she joins the High Speed Hitters along with F2 Logistics teammates Kim Kianna Dy and Kim Fajardo.....»»