FAST FACTS: Mining in the Philippines
MANILA, Philippines (UPDATED) – The mining industry in the Philippines is controversial again after Environment Secretary Gina Lopez ordered the closure of about 23 mining operations and...
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OF THE PHILIPPINES. is an association advancing the interest of mining, quarrying mineral processing companies for the efficient exploration, development and utilization of minerals in consonance with …
Philippines hopes to boost cooperation with US in mining and
Philippines hopes to boost cooperation with US in mining and batteries. Sep 23, 2023 9:38 AM PHT. Reuters. INFO. Philippine Foreign Secretary Enrique Manalo, in New York for the annual UN General ...
Sustaining the Philippine mining industry under balanced interests
Mr. Recidoro also shared estimates from Mines and Geosciences Bureau which states that the country's mineral endowment for copper, gold, nickel, chromite is at around US$ 1.4 trillion or over P60 trillion; while over US$ 5 billion were gained in exports in 2020, equivalent to over 6% of the country's total exports.
The mining industry gets 'too much bad press': Philippine mining …
Patricia Bunye, a leading lawyer in the Philippine mining industry, believes that mining in the Philippines is "vilified" in the media because the industry has not been good at communications.. The experienced legal professional, highly regarded for her years of expertise in mining matters, is a member of the legal committee of the Chamber of …
Government eyes policies to unlock potential of mining industry
The Philippines faces the challenge of attracting investments into the capital-intensive mining sector to play a bigger role in the global clean energy market, while making sure to extract the ...
Philippines Mining Industry Newswire
Church leaders oppose copper mining project in Negros Occidental. The project will have a mining capacity of 2.5 million metric tons of ore and waste, and a processing capacity of 900,000 MT per year, or 130,000 tons per month, using surface mining techniques NEGROS OCCIDENTAL, Philippines – Leaders of the Catholic …. …
The Philippine mining industry: Looking for a stable business
As of December 2021, the industry has spent over P26 billion for social development, nearly P385 billion in environmental protection and enhancement, and …
Nickel Asia first PH mining firm to aim for net zero
MANILA, Philippines —Nickel Asia Corp. (NAC) bared its ambition of reaching net-zero emissions across its business operations by 2050 through the application of new technologies, making it the
Mining industry backs bill imposing margin-based royalty
THE MINING INDUSTRY would prefer the imposition of a margin-based royalty and windfall pro fi ts tax, as it would still generate revenues for the government but less burdensome for miners.. Chamber of Mines of the Philippines Vice Chairman Gerard H. Brimo said in a Viber message theses taxes would provide the government "with a …
New mining fiscal regime to yield P38 billion revenues
The mineral potential in the Philippines is roughly nine million hectares of the country's total land area of 30 million hectares. Mining tenements are just at over 700,000 hectares or 2.45 percent.
Philippine mines continue unhampered 4 years after Gina Lopez …
In July 2016, in one of her first acts as environment secretary, Regina "Gina" Lopez ordered an industry-wide audit of 41 large-scale mines in the country. Seven months later, 23 metallic ...
Philippines – Mining by the numbers, 2023 | S&P Global Market …
Philippines – Mining by the numbers, 2023. The Philippines remains a significant contributor to nickel markets, producing an estimated 360,000 metric tons of contained nickel in 2022, equivalent to 11% of the global production, placing the country …
Mining Philippines 2023: Navigating Profitability and Sustainability
The Philippines contributes less than one percent (1%) of global mined copper production in 2022 but there is strong projected growth for copper production …
House approves mining fiscal regime bill
MANILA, Philippines – A bill seeking to introduce a new fiscal regime for the mining industry hurdled the House of Representatives Tuesday midnight, September 26. House Bill No. 8937 specifies ...
Philippine Mining and Minerals Industry Report
2.Eldore Mining Corporation – 40% Australian. 3.Gold Fields Philippines Corporation – 40% Australian. 4.Philippine Gold Processing & Refining Corporation – 99.99% British. 5.TVI Resource Development Philippines, Inc. – 40% HongKong. 6.Carrascal Nickel Corporation – 40% Chinese.
Farmers, green groups want mining law repealed | Philstar
YACAP, Handout. MANILA, Philippines — Farmers and environmental groups on Friday called on the government to repeal the Philippine Mining Act of 1995, saying the legislation allowed the plunder ...
Mining market in the Philippines
The Philippines is strategically located in the western Pacific next to its main market for its mining outputs, China. It is also situated in one of the busiest trade routes in the world, catering to an inflow of commodities such as crude oil from the Middle East as well as an outflow of manufactured goods from east Asian countries. The Philippines has rich …
Mining Industry
Mining assets can be divided into two main categories: projects and operating mines. 1. Projects. Projects in the mining industry can be broken down into the exploration and feasibility stage, and the planning and construction phase. Exploration and Feasibility; The purpose of exploration is to find ores that are economically viable to mine.
MacroAsia to revive mining business | Philstar
MANILA, Philippines — Listed MacroAsia Corp. plans to spend $12.9 million to revive the company's mining business by developing its nickel mine in Palawan. In a filing with the Department of ...
5 largest miners express interest in PH investments
The Chamber of Mines of the Philippines said Tuesday the world's five largest mining companies expressed keen interest to pursue mining projects in the country with the lifting of the ban on open pit projects. "They have shown interest regardless of taxation and the issue of flip-flopping of policies. These are some of the issues […]
A new hope for mining | Inquirer Business
Philippine Nickel Industry Association (PNIA), a nonstock nonprofit association organized to promote and develop the domestic nickel mining industry, says the Philippines will gain from the steady ...
Duterte, CA told: Beware of politicians,' gov't execs' ties to mining
MANILA — In the raging debate on the mining industry, an anti-mining group has urged President Duterte and the Commission on Appointments (CA) to keep an eye on politicians with possible ...
Mining Company Business Registration and Requirements
After registering with the SEC, companies engaging in mining in the Philippines must also register their company with the Department of Environment and Natural Resources (DENR) of the Philippines. If the company is involved in exploration, development, or utilization of mineral resources, you may need to do business in the Philippines through a ...
Martin Romualdez and his mining interests
BKR has a stake in Bright Star Resources and Development (BHD), a mining company that was created only in 2022 with an authorized capital of P150 million. BKR also holds 19.9% of Marcventures ...
Mining sector getting back on track | Philstar
Data from the Mines and Geosciences Bureau (MGB) showed that the country's metallic mineral production value went up by 22.34 percent from P99.03 billion in the same period last year. "The ...
"Mining" — News — Philippine Resources Journal
November 19, 2023. Philex Mining Corporation (PSE: PX) (the "Company" or "Philex"), one of the oldest and largest gold and copper producers in Southeast Asia, and a leader in right and principled mining, …
Altai maintains legality of ore mining operations in Sibuyan
MANILA, Philippines – Altai Philippines Mining Corporation (APMC) said in a statement Friday, February 10, it had the necessary permit to extract and transport samples of nickel ore in Sibuyan ...
Philippines: Five Largest Underground Mines in 2021
Padcal Mine in Benguet, was the largest underground mine in Philippines, producing approximately 6.23 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) and primarily produced copper (8.61 thousand tonnes) in 2021. The Padcal Mine is owned by Philex Mining Corp, and is due to operate until 2023. The second largest underground …
Philippines: Five Largest Mines in 2021
Carmen Copper Mine in Cebu, was the largest mine in Philippines, producing approximately 20.15 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) and primarily produced copper (47.65 thousand tonnes) in 2021. The Carmen Copper Mine is owned by Atlas Consolidated Mining and Development Corp, and is due to operate until …