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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......»»
Philex to fast–track Silangan mine operations
Pangilinan-led Philex Mining Corp is exploring all possible logistical options to fast-track the commercial operations of its Silangan gold and copper mine ahead of the fourth quarter 2025 target......»»
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 Philippines all set for stock market debut
OceanaGold (Philippines) Inc., the operator of Didipio gold and copper mine in Nueva Vizcaya, hurdled the final regulatory clearance for its initial public offering, paving the way for its market debut on May 13......»»
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......»»
Copper surges on green energy and AI
Copper is back in the spotlight. Investors are focusing on the metal’s critical role in the global transition to clean energy and the rise of artificial intelligence (AI). While gold has been hogging the headlines with its stealthy ascent to record highs, copper has quietly been making moves of its own. It has gained 17.6 percent year-to-date, outperforming most other commodities including gold......»»
CVIRAA 2024: Cebu City Niños surpasses 2023 gold medal haul to remain overall champs
CEBU CITY, Philippines —The Cebu City Niños delivered a dominant performance throughout the week-long Central Visayas Regional Athletic Association (CVIRAA), surpassing their 2023 gold medal tally as the event concluded on Thursday, May 9. The Niños amassed a total of 118 gold medals, exceeding the 110 gold medals they earned in the CVIRAA 2023 held.....»»
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.....»»
DTCC hauls four gold medals in Albay
CEBU CITY, Philippines —The Dancesport Team Cebu City (DTCC) claimed four gold medals in the recently concluded 2nd Magayon Open Dancesport Competition and Philippine Dancesport Federation, Inc. (PDSFI) Ranking Point System in Legazpi City, Albay. DTCC was headed by Lark Jabonero and Justhel Kate Monteron, who won two gold medals in the Latin special event.....»»
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......»»
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......»»