Philippine Nickel
Industry Association
THE mining sector accounted for P102.3 billion, equivalent to 0.6% of gross domestic product (GDP) growth in 2020, according to the Mines and Geosciences Bureau (MGB). The MGB said in a statement Tuesday that the value of metallic mineral production, including gold, nickel ore, mixed nickel-cobalt sulfide, scandium oxalate, chromite, and iron was P132.69 billion, […]
The final draft implementing rules and regulations (IRR) of Executive Order (EO) 130 is now awaiting the signature of Environment Secretary Roy Cimatu, according to Mines and Geosciences Bureau’s (MGB) top official. This is more than two months since President Rodrigo Duterte signed EO 130, which amended the Aquino Administration’s EO 79 and lifted the […]
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.
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.
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, […]
MANILA, Philippines — The Mines and Geosciences Bureau (MGB) is hoping for the lifting of the ban on open-pit mining as it can help boost the country’s economic recovery. In a text message to The STAR, MGB director Wilfredo Moncano said that open-pit mining is a globally accepted method of mining, with over 1,000 open […]