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Mining News
PBBM: Gov’t to balance protecting environment, enforcing mining law
President Ferdinand R. Marcos Jr. said Saturday his administration will do a meticulous balancing to protect the environment and enforce the country’s law on responsible mining.
Global Ferronickel in talks with potential partner for $100M steel plant
Global Ferronickel Holdings Inc., a listed nickel miner that trades using the symbol FNI, is in talks with a potential technology partner for its plan to build a $100-million steel plant in Bataan with an eye to capture around 10 percent of the market for imported steel.
Philippines’ proposed tax on nickel ore exports could ‘kill’ industry – group head
“The initial proposal in the House of Representatives was 10%. That will kill the industry,” Dante Bravo, president of the Philippine Nickel Industry Association, told Reuters.
Mining revenues up in H1 – DENR
ENVIRONMENT Secretary Maria Antonia Yulo-Loyzaga reported an increase in revenues from mining in the first semester of 2022, adding that she is still awaiting the final figures for the year.
Philippine metallic mineral production up 30%
The value of the country’s metallic output expanded by nearly 30 percent in the three quarters ending September, owing to higher output and prices of nickel and gold, the Mines and Geosciences Bureau (MGB) said.
Philippines’ metal production sustains growth momentum
The value of metal production in the Philippines in the three quarters ending September expanded by 29.21 percent to P175.61 billion from P136.21 billion, buoyed by rising metal prices and higher production, according to the Mines and Geosciences Bureau (MGB).
Government to ramp up mining sector’s development
The Marcos administration is moving to ramp up the mining industry as part of plans to grow the economy amid the pandemic.
DOF wants to accelerate mining revival
The Department of Finance (DOF) said on Wednesday, July 6, that the government wants to accelerate the revival of the local mining industry to support the country’s economic recovery.
Multi-agency report backs revival of PH mining
Outgoing President Rodrigo Duterte’s economic team has pushed for the revival of the mining industry — sidelined these past few years by the lack of a fiscal regime as well as policy continuity — to generate more jobs and develop rural areas hosting mines as a joint report from DENR, NEDA, DOF, and the Development Academy of the Philippines showed that mining and quarrying contributed significantly to the regional gross domestic product (GDP) in regions where there are mining operations.