Philippine Mining Development News Today

REVENUES generated by the national government through privatization recorded a triple-digit growth for the first two months of the year, exceeding its income for the same period a year ago. Data from the Bureau of the Treasury (BTr) showed that revenues raised by the Privatization and Management Office (PMO), an…

■ Ofelia C. Empian A large-scale gold-copper mining project will soon commence in Kalinga through the Makilala Mining Company, Inc. in Balatoc, Pasil, Kalinga, which was the site of the defunct Batong Buhay Gold Mines, Inc. The Mines and Geosciences Bureau-Cordillera said the Makilala Mining Company’s Maalinao-Caigutan-Biyog (MCB) copper-gold mining project received its Mineral Production Sharing

Conclusion Mining has gotten back on track with the relatively vigorous promotion of corporate social responsibility at all levels to increase acceptability of mining with help from the home state of a company through lobbying and development assistance to host countries. Meanwhile, various countries have been coalescing as a network to promote transparency and accountability

The board of Philippine National Oil Co., the government's energy arm, elected Oliver Butalid as the new president and chief executive replacing Jesus Posadas on July 3.

Listed Apex Mining Co. Inc. is confident of reaching the maximum throughput capacity in a decade at its Maco mine in Davao de Oro following the takeover of Asia Alliance Mining Resources Corp.

Apex Mining Co. Inc. is taking over Asia Alliance Mining Resources Corp. for $81.5 million, allowing it to expand its mining operations in Davao de Oro.

The value of the country’s metallic production continued its double-digit growth in the first quarter of the year, driven by bullish metal prices and the increase in the mine output of gold, silver, and copper, the Mines and Geosciences Bureau said.

By TED CORDERO, GMA News Published January 1, 2021 12:23pm Government-owned  or -controlled corporations (GOCCs) remitted a total of P160.62 billion to the Bureau of the Treasury (BTr) as of December 15, 2020, according to the Department of Finance (DOF). In a statement, the DOF said the GOCCs’ remittances will help fund the government’s continuing efforts to curb the spread of COVID-19 and provide economic relief to pandemic-hit businesses and individuals. Of the P160.62-billion re...