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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......»»
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......»»
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.....»»
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.....»»
OceanaGold IPO price set
OceanaGold Inc. , the operator of Didipio gold and copper mine in Nueva Vizcaya, pegged its initial public offering price at P13.33 per share, more than a fifth lower than its earlier announced maximum price of P17.28 per share......»»
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......»»
Low copper prices bring down Atlas Mining income by 65%
Earnings of Atlas Consolidated Mining and Development Corp. plunged by 65 percent to P1.12 billion in 2023 from P3.22 billion in 2022 due to lower global copper prices and payment of loans......»»
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......»»
Max Strus sinks half-court buzzer-beater as Cavs down Mavs
Los Angeles, United States—Max Strus drained an astonishing 58-foot buzzer-beater as the Cleveland Cavaliers conjured a stunning late fightback to sink the Dallas Mavericks 121-119 on Tuesday. In a remarkable finale in Cleveland, Strus unleashed a mammoth heave from inside his own half to snatch victory from Dallas, who had grabbed a 119-118 lead with just.....»»
Higher output lifts Atlas Mining profit
The improved production of copper and gold more than doubled the bottomline of Atlas Consolidated Mining and Development Corp. to P563 million in the first quarter......»»
Atlas Consolidated posts FY23 net income of P1.1-B (down 65%)
Atlas Consolidated, a gold and copper mining company, posted an FY23 net income of P1.1 billion, which was 65% lower from its FY22 net income of P3.2 billion......»»
Bantay Dagat tells fisherfolks, fish dealers to register their gears, vessels
CEBU CITY, Philippines – An official of Cebu City’s Bantay Dagat Commission (BDC) is urging fisherfolks and fish dealers to comply with the mandatory registration of their fishing vessels and gears. Lawyer Ernesto Jose Rama, the BDC chairman, said in an episode of Cebu City Bantay Dagat Commission (BDC) aired via the Sugboanon Channel that.....»»
Nesthy Petecio gears up for Olympic qualifier in Italy post Spain feat
Nesthy Petecio gears up for Olympic qualifier in Italy post Spain feat.....»»
DALI gears up for expansion
The newest challenger in the local retail market, DALI Everyday Grocery, is giving retail giants a run for their money as it gears up for further expansion in a bid to reach more Filipino consumers whose pockets are hurting from high commodity prices......»»
Malixi gears up for Thailand
Rianne Malixi, coming off a breakthrough victory in Australia, is poised for another shot at glory as she gears up for the Women’s Amateur Asia-Pacific Championship unfolding on Feb. 1 in Thailand......»»
DTCC harvests 10 gold medals in PDSFI quarterly c’ships in Manila
CEBU CITY, Philippines — Dancesport Team Cebu City raked in 10 gold medals in the Philippine Dancesport Federation, Inc. (PDSFI) Quarterly National Dancesport Championships held over the weekend at the Ultra Pasig in Metro Manila. DTCC headed by its founder, Eleanor Hayco, won a total of 10 gold medals. They also earned eight silvers and.....»»
DTCC wrests five gold medals in Manila dancesport tourney
CEBU CITY, Philippines — The Dancesport Team Cebu City (DTCC) wrapped up the Philippine Superstar Open Dancesport Championship with five gold medals last weekend at the PhilSports Arena in Manila. Besides the five gold medals, DTCC also earned six silver medals and two bronzes after their two-day campaign against other dancesport squads in the competition. .....»»
US President Biden angrily pushes back at special report questioning his memory
US President Biden angrily pushes back at special report questioning his memory.....»»
Xinhua world news summary at 1530 GMT, Feb. 13
ANKARA -- At least nine workers were believed to be trapped in a landslide in a gold mine area on Tuesday in the Ilic district of eastern Türkiye's Erzincan Province, local NTV reported, citing local authorities. Erzincan Governor Hamza Aydogdu told reporters that there may be nine to 12 workers trapped underground, but the exact number is not yet known. (Türkiye-Mining Disaster) - - - -.....»»
Xinhua world news summary at 1530 GMT, Feb. 13
ANKARA -- At least nine workers were believed to be trapped in a landslide in a gold mine area on Tuesday in the Ilic district of eastern Türkiye's Erzincan Province, local NTV reported, citing local authorities. Erzincan Governor Hamza Aydogdu told reporters that there may be nine to 12 workers trapped underground, but the exact number is not yet known. (Türkiye-Mining Disaster) - - - -.....»»