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Government to issue guidelines for faster mining permits
The government is expected to issue the guidelines for streamlining the processing of mining permits within the year......»»
Aboitiz Group raises 2024 capex
The Aboitiz Group is poised to expand its various business units this year, supported by a substantial increase in capital expenditures......»»
Nickel Asia sees better ore output, slashes capex
Nickel Asia Corp expects better ore output this year, driven by the start of two new mine operations and the possible increase in global nickel prices......»»
ICTSI on expansion mode; raises capex to $450 million
International Terminal Services Container Inc. has raised its capital expenditures to $450 million this year to pursue new expansion projects......»»
Maynilad to sell P15-B of Blue Bonds to fund capex projects ahead of IPO
Maynilad Water Services, a subsidiary of Metro Pacific Investments and an affiliate of DMCI Holdings, disclosed its application to the SEC to sell up to P15 billion worth of fixed-rate “Blue Bonds” in the last week of May, for listing on PDEx in the first week of June......»»
Approved foreign investments into Philippines fall 63.6 pct in Q1
MANILA, May 16 (Xinhua) -- The approved foreign investments into the Philippines in the first quarter of 2024 reached 148.43 billion pesos (roughly 2.59 billion U.S. dollars), marking a 63.6 percent decrease year over year, the Philippine Statistics Authority (PSA) said on Thursday. The statistics agency said Singapore posted the highest investment commitment, amounting to 70.06 billion pesos (1.22 billion dolla.....»»
Mining groups launch video documentary
Various mining groups have launched an award-potential documentary to reinforce public awareness of responsible mining practices in the Philippines......»»
Government, miners agree on fiscal regime proposal
Miners and government officials have reached a middle ground on the tiering of a proposed windfall profit tax for the mining industry that could pave the way for the approval of the long-awaited mining fiscal regime......»»
Kapitolyo mipahunong sa dolomite mining sa Alcoy
Kapitolyo mipahunong sa dolomite mining sa Alcoy.....»»
Central Visayas mining companies collect 3,000 kilos of trash on Earth Day
Central Visayas mining companies collect 3,000 kilos of trash on Earth Day.....»»
Indigenous people criticize business as usual mining practices
BRASILIA, Brazil - Indigenous representatives from 35 countries issued a declaration Thursday criticizing the fact that they are too rarely consulted about mining that takes place on or near their lands, an issue that has become more acute with increased demand for minerals needed in the transition to a cleaner energy system.'We recognize and support the need to end fossil fuel reliance and shift to renewable en.....»»
DENR: Review of mining rules underway
The DENR said it welcomes the calls of Sen. Risa Hontiveros to conduct an investigation into the environmental and social impacts of mining and quarrying, and to address the shortcomings in policies related to extraction of natural resources. .....»»
3 dead, 7 missing in Toledo City mining pit collapse
TOLEDO CITY, Cebu — Three individuals were confirmed dead while seven others have remained missing following a landslide at the mining pit of the Carmen Copper Corporation in Toledo City in midwestern Cebu on Monday afternoon. Personnel of the City Disaster Risk Reduction and Management Office (CDRRMO) have been conducting search and rescue operations since […].....»»
DENR, mining firm ink accord to rehabilitate Agusan Sur riverbank
BUNAWAN, Agusan del Sur (MindaNews / 8 March) – The Department of Environment and Natural Resources (DENR) and the Philsaga Mining Corp. (PMC) have agreed to rehabilitate a riverbank to provide easier access to the globally acclaimed Agusan Marsh Wildlife Sanctuary (AMWS) located in Lake Panlabuhan, Loreto town in Agusan del Sur. They signed on […].....»»
DOF mulls mining tax tweaks for royalties, windfall profits
The Department of Finance is pushing for higher rates and fewer tiers in taxing the extractive sector, but the mining industry argued that the proposed structure would make the sector more uncompetitive......»»
‘Mining should be part of government priority projects’
The government should include mining in its investment priority projects and extend more fiscal incentives to further attract investments in the sector, according to the Chamber of Mines of the Philippines......»»
‘Suspend all mining ops’: Groups demanding accountability for Masara landslide
SEVERAL progressive groups gathered at Roxas Avenue in Davao City on February 20, 2024, aiming to hold a prominent mining company accountable for a significant landslide incident in Masara, Municipality of Maco, Davao de Oro......»»
Death toll in Davao de Oro landslide climbs to 27 after burying mining workers
More casualties are being tallied by government officials following a deadly landslide that occused in Maco, Davao de Oro that buried two buses carrying workers of Apex Mining Co., Inc......»»
Philippines rescues 45 survivors in landslide, search continues
MANILA, Feb. 7 (Xinhua) -- Rescuers in the Philippines have recovered 45 survivors from a landslide on Tuesday that buried estimated 86 persons in a mining town in Davao de Oro province in the southern Philippines, a military spokesperson said Wednesday. Rosa Ma. Cristina Rosete-Manuel, spokesperson for the military's Eastern Command, said that 41 more employees of a mining firm in the area are still unaccounted.....»»
At least 5 killed in landslide in southern Philippines
MANILA, Feb. 7 (Xinhua) -- At least five people were killed and 31 others injured due to a landslide on Tuesday that buried two buses and houses in a mining town in southern Philippines, local authorities said on Wednesday. The landslide took place on Tuesday night near a mining site in Maco town of Davao de Oro province, a local disaster agency said. The passenger buses were ferrying workers from the min.....»»