Philippine Nickel
Industry Association
THE Department of Environment and Natural Resources (DENR) is expected to release an administrative order that will allow for automatic renewals of the period set for mining exploration, according to an official of the Mines and Geosciences Bureau (MGB).
The ban on open-pit mining is expected to be lifted soon as the draft implementing rules and regulations (IRR) of Executive Order No. 130 have been finalized for the approval of Environment Secretary Roy Cimatu.
Marcventures Mining and Development Corporation (MMDC), a subsidiary of listed nickel miner Marcventures Holdings Inc. (MHI), is targeting to ship 2.035 million wet metric tons (WMT) of nickel ore this year, higher than the 1.732 million WMT it shipped in 2020.
In a simple turnover ceremony held recently at the Department of Environment and Natural Resources (DENR) Caraga Regional Office in Butuan City, DENR Undersecretary for Enforcement, Mining and Muslim Affairs Jim O. Sampulna officiated the turnover of leadership for the Mines and Geosciences Bureau (MGB) Regional Office 13 between outgoing Regional Director Glenn Marcelo C. Noble and incoming OIC-Regional Director Larry M. Heradez.
Marcventures Mining and Development Corporation (MMDC) distributed vegetable seeds to the residents of Carrascal to ease the difficulties in food supply during the quarantine. The initiative was in support of “Gulayan sa Panimalay” a project of the Department of Agriculture.
Agata programs benefit some 10,000 families and 4,000 scholars
Listed Global Ferronickel Holdings Inc. (FNI) is eyeing to acquire a 20 percent interest in a Chinese ore value-added processor.
The Mining Industry Coordinating Council (MICC), co-chaired by Environment Secretary Roy Cimatu and Finance Secretary Carlos Dominguez III, will soon conduct a series of forums with mining companies and the general public about the results of the mining reviews it conducted over the last few years.
ON April 14, President Duterte lifted the ban on new mining permits or mining production sharing agreements imposed by his predecessor in 2012, paving the way for an increase in mining investment in the country but understandably causing a great deal of consternation among environmental advocates.
The value of the country’s metallic mineral production for the first quarter rose by 14.11 percent to P28.91 billion from P25.34 billion in the same period last year, the Mines and Geosciences Bureau reported (MGB). The sustained bullish run of metal prices continued to boost mining firms’ revenues despite disruptions brought about by the pandemic, […]