PMEA Blog

MANILA, Philippines — Consunji-led DMCI Holdings improved its first semester net profit by 26 percent year-on-year to P5.3 billion as higher revenues from mining, real estate, electricity and water made up for the slack in its traditional construction business.
“Despite a slight dip in general construction and the non-inclusion of the steel […]

BAYOMBONG, Nueva Vizcaya, Philippines – An Australian-owned mining firm has resumed the rehabilitation of a 22-kilometer road linking villages along the remote mountain boundary between Quirino and this landlocked province.
OceanaGold Philippines Inc. said the road project, together with other development projects such as water systems and agriculture-related ventures, is part of its corporate social responsibility […]

Southern Cross Exploration (ASX: SXX) has dealt itself into one of the new emerging highly prospective gold countries in the world, the Philippines, with an option to acquire an interest in a gold project.
The project is located in the Batangas province, 110 kilometres south of Manila, where artisanal miners have been very active as recently […]

A short item in this column advocating a total mining ban, as a companion piece to the total logging ban, drew a rejoinder from a mining company, MacroAsia, which operates in Brooke’s Point, Palawan. A multi-sectoral alliance of groups called Alyansa Tigil Mina (ATM) is seeking a stop to all mining in the country, initially […]

MANILA, Philippines - The government expects investments in mining projects this year to reach $1 billion, nearly 5% higher than $956 million in 2010, the chief of the Mines and Geosciences Bureau (MGB) said on Wednesday.
Leo Jasareno, acting director of the bureau, told Reuters in an interview the country’s metallic mineral production was forecast to […]

The issue of open-pit mining in South Cotabato may be settled amicably by the local government and Tampakan project operator Sagittarius Mines Inc., the Department of Environment and Natural Resources said Wednesday.
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MANILA, Philippines-The communist led National Democratic Front of the Philippines in Eastern Visayas (NDFP-Eastern Visayas) praised six Roman Catholic bishops in the region for opposing large-scale mining currently devastating this poorest region in the country.
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Benguet Corp., the oldest mining company in the Philippines, expects revenues to improve with expansion of gold operations in Benguet and the recent opening of the nickel project in Sta. Cruz, Zambales province.
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SANTIAGO CITY, Isabela – Anti-mining activists in Nueva Vizcaya have urged the Commission on Human Rights to come up with the report of the investigation the agency conducted last year on human rights violations allegedly committed by a mining firm in the upland mining town of Kasibu.
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MANILA, Philippines—The Aquino administration, in a bid to raise more revenues from the mining industry, plans to declare more areas as mineral reservations in the provinces.
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