News
Gov’t puts Semirara, 2 other coal areas on auction block
4+ hour, 7+ min ago (146+ words) MANILA, Philippines " The government launched on Friday the bidding process for three coal areas, including the prized Semirara Island in Caluya, Antique. Semirara is one of the three predetermined areas (PDAs) covering 18,000 hectares with 207.5 million metric tons of coal reserves....
Philippine mines set for gains amid uncertainty from Trump’s tariffs
8+ mon, 1+ week ago (853+ words) MANILA, Philippines " The local mining sector is poised to gain from the uncertainty surrounding America's sweeping tariffs. This, although the industry is on its toes for potential risks caused by global economic slowdowns and trade tensions. Ronald Recidoro, executive director…...
Nickel industry backs Lotilla appointment
9+ mon, 11+ hour ago (486+ words) MANILA, Philippines " The appointment of outgoing Energy Secretary Raphael Lotilla as Department of Environment and Natural Resources (DENR) chief is expected to sustain progress instituted to help spur investments in the mining sector. "We view his appointment as an opportunity…...
Australia to stockpile critical minerals in strategic reserve
10+ mon, 2+ day ago (489+ words) SYDNEY, Australia " Australia will stockpile critical minerals in a new strategic reserve, Prime Minister Anthony Albanese said Thursday, as nations scramble to source rare earths and coveted metals outside China. Mining superpower Australia sits on bulging deposits of lithium, nickel…...
Philippines urged to hasten processing of mine exploration permits
10+ mon, 1+ week ago (529+ words) The company executive pointed out the gap between Australia and the Philippines in mineral exploration. Bowden noted that in Australia, a company could start developing a mining project within 30 ... MANILA, Philippines " The government is urged to resolve delays in processing…...
Palawan’s mining moratorium goes against Constitution, says group
11+ mon, 2+ week ago (335+ words) MANILA, Philippines " The Philippine Nickel Industry Association (PNIA) said Palawan went beyond its mandate in issuing a 50-year mining moratorium in the province, thus undermining the Constitution and the country's position in the global market. In a statement on Friday,…...
Minerals, mines, hydrocarbons: Greenland’s key but limited resources
11+ mon, 3+ week ago (602+ words) Paris, France " The vast autonomous Danish territory of Greenland, coveted by US President Donald Trump, is believed to hold untapped mineral and oil reserves, but on a global scale these amounts are modest and offer only minor potential for exploitation....
Semirara profit down 30% on weaker coal, energy prices
11+ mon, 3+ week ago (386+ words) MANILA, Philippines " All-time high coal shipments and increased electricity generation of Consunji-led Semirara Mining and Power Corp. (SMPC) failed to lift its earnings last year amid weaker ... MANILA, Philippines " All-time high coal shipments and increased electricity generation of Consunji-led Semirara…...