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The ore that contains sufficient valuable mineral to be treated by milling process is what ends up going into the processing plant compared to run of mine ore production.
The Department of Environment and Natural Resources (DENR) has awarded several mining companies for their initiatives and achievements in environmental management and development, among other efforts, during the recent National Mine Safety and Environment Conference. In a statement, the DENR said t
BusinessWorld August 5, 2021 | 12:09 am By Senior Reporter METRO Pacific Investments Corp. (MPIC) managed to increase its second-quarter core net income this year by 82% to P3.5 billion, as more industries reopened. “This acceleration of growth reflects an improvement in performance notwithstanding the continued imposition of varying levels of quarantine across the country and was partially augmented by the impact of the Corporate Recovery and Tax Incentives (CREATE) Law, which lowered income tax rates from 30% to 25%,” the company said in a statement on Wednesday. The co...
SC affirms CTA order to refund Philexâs P18.6-M tax June 7, 2021 | 12:05 am THE high court has affirmed the Court of Tax Appealsâ (CTA) decision for the Commissioner of Internal Revenue (CIR) to refund Philex Mining Corp.âs P18.6-million unutilized and excess input value-added tax (VAT) attributable to its zero-rated sales for the fourth quarter of 2009. In its ruling dated Jan. 18 and made public on May 26, the Supreme Court (SC) said it found âno reversible errorâ in the assailed CTA decision. It also ruled that it need not review Philexâs substantiation of its...
BusinessWorld May 21, 2021 | 8:25 pm NLEX Harbor Link, Segment 10 — PHOTO BY WALTER BOLLOZOS/THE PHILIPPINE STAR Motorists may experience delays as NLEX Corp. has started repairs on Meycauayan and Bigaa bridges in Bulacan province, both built in the 1960s, the company’s top official said on Thursday. In an e-mailed statement, the tollway company said the bridge rehabilitation projects seek to provide safer travel. “We always look after the safety and convenience of our motorists. Both bridges were built in the 1960s and it is high time that we replace the girders and...