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Authorities have investigated illegal nickel ore shipments to China worth S$1.3bn (Rp14.5trn) since 2020, suspending approval for ore mining quotas. 2. Philippines. The Philippines is a major player in the nickel market, producing an estimated 360,000 tons (t) of contained nickel in 2022, which accounts for 11% of global production.
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This is some 10 times the value which might have been generated from the export of the ~50Mt of laterite ore. The Philippines has always favoured the export of laterite ores over in-country processing and continues to do so. ... This is all bad news for the Philippines' nickel export industry. ... Philippine Resources Journal is the …
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The complex geology and tectonic setting of the Philippine island arc system resulted in the deposition of different types of economic deposits throughout the archipelago. One of the most prolific mineral districts in the Philippines is the Mankayan Mineral District in Benguet province, north Luzon (Figure 1). It hosts the well-studied Far Southeast …
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View the latest Oriental Peninsula Resources Group Inc. (ORE) stock price, news, historical charts, analyst ratings and financial information from WSJ.
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Photo Credit: dmcihouse DMCI Mining Corporation is targeting to ship 1.5 million wet metric tons (WMT) of nickel ore in 2023, after its subsidiary Zambales Diversified Metals Corporation (ZDMC) was granted an Environmental Compliance Certificate (ECC) in January to produce 2 million WMT of nickel ore. Prior to the ECC …
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The Philippines remains a significant contributor to nickel markets, producing an estimated 360,000 metric tons of contained nickel in 2022, equivalent to 11% of the global production, placing the country in a far second spot next to Indonesia.
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Last December, Apollo Global Capital's (PSE: APL) subsidiary, JDVC Resources Corporation, announced that Department of Environment and Natural Resources granted them a permit to start the commercial operations of the country's first offshore magnetite iron mining project. According to JDVC and APL consultant, Jun …
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Eramen Minerals Inc. ("EMI") invites submissions of qualifications and proposal data (collectively referred to as the "Proposal") from interested U.S. firms that are qualified on the basis of experience and capability to conduct a Feasibility Study ("FS") to assess the viability of developing an ore-to-battery grade nickel sulfate/hydroxide and cobalt sulfate …
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Digging up the earth. Located between the South China and the Sulu seas, Palawan is known as the last frontier of the Philippines. The 270-mile-long island is part of the Man and Biosphere Reserve ...
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To extract the gold, the ore is crushed, then the gold is separated from the ore by various methods. The Philippines' Mines and Geosciences Bureau (MGB) figures show that the country produced 20. ...
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ORE | Complete Oriental Peninsula Resources Group Inc. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
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Oriental Peninsula Resources Group, Inc. (ORE) is a young and vibrant company currently operating two mine sites in the towns of Narra and Espanola, Palawan – and we are passionate about becoming a globally …
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The Department of Environment and Natural Resources (DENR) raised the need to have at least one more nickel processing plant in the Philippines to maximize the value of the country's mineral resources. "Our benchmark is Indonesia, how much they can process. They are processing all their [nickel] laterite ores," said DENR Undersecretary …
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Philippines – Mining by the numbers, 2023. The Philippines remains a significant contributor to nickel markets, producing an estimated 360,000 metric tons of …
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A week before, Pascual said the department was considering banning raw nickel ore exports as an option to push miners in the world's second-biggest supplier of the metal to invest in processing instead of just shipping raw minerals. The strategy models that of top nickel producer Indonesia. The Philippines produced 22.5 million dry metric …
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There were reasons to be optimistic about the mining industry in the past two years. It started with the the lifting of the ban on open pit mining and moratorium on new mining projects, and the renewal of the Financial and Technical Assistance Agreement ("FTAA") of Oceana Gold in 2021. Last year, the Philippines also rejoined the …
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Photograph courtesy of Aboitiz Construction The Cebu-based construction firm Aboitiz Construction on Thursday said it has finished the construction work on the British firm's CD Processing (CDP) Ltd. copper ore sorting and processing plant in Carmen Copper Corporation's operations center in Toledo City. To manage mining wastes, the …
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ORE believes in sharing the good news in the mining industry. Core Values. Accountability and Commitment. Dedication and Idealism. Innovation and Achievement. Previous Next. …
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Last year, President Ferdinand "Bongbong" R. Marcos Jr. said in a press con that in order to boost government revenue from existing mining operations, he wants exported ores to be processed locally. [1] "What we would like to do is encourage that the value added [taxes] to the raw ores stay in the Philippines as much as possible. …
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By Marcelle Villegas The Didipio Mine of OceanaGold Philippines Inc. (OGPI) is a gold and copper mine located across the provinces of Quirino and Nueva Vizcaya. It is considered one of the safest gold mining operations in the world.OGPI received numerous awards such as two Presidential Awards as the most …
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The Nickel Initiative (NI) 2023 Business Conference is a flagship project of the Philippine Nickel Industry Association (PNIA). It forms part of PNIA's Nickel Initiative advocacy, a platform designed to promote dialogue, knowledge sharing, and convergence among stakeholders. ... News and Updates. ... sector wishes that the government will set ...
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The consolidated net income of Apex Mining group (Apex Mining plus its subsidiaries) for the first half of 2024 reached P1.89 billion — P492.3 million (35%) higher than the same period in 2023 (P1.40 billion).
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This is good news for Australian mining equipment, technology and services (METS) providers. There are strong supply opportunities across the entire mining value chain. Untapped mineral resources waiting to be explored. The Philippines is one of the world's most richly endowed mineral resources countries.
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Philippine Resources Journal is the magazine that the key people in the industries of mining, construction, industrial, commentary, company, events and more rely upon news and feature coverage of their business. +632 8251 5599. 2nd Floor, Suite 6, Corinthians Plaza Building, Paseo de Roxas, Legazpi Village, Makati, Philippines.
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The government-led exploration will help minimise risks and bring necessary data to take investment decisions. September 20, 2023. The Philippines Government is seeking investments in its mining …
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The Siana gold-silver deposit of Surigao del Norte, Mindanao, Philippines is perhaps one of the most complex in the world, being related to an ancient suture zone known as the Philippine Fault. Early accounts described the deposit as epithermal, consisting of an upper limestone replacement orebody and a lower vein type deposit hosted in andesite. …
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July 22, 2024. The gross production value of mineral resources in Davao Region stood at PHP11.7 billion in 2023, an official of the Mines and Geosciences Bureau in the Davao Region (MGB-11) …
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By Marcelle P. Villegas "The Philippines is currently the leader in the hydrometallurgical leaching of laterite ores but will lose its leadership position in the battery raw materials sector if supportive …
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By Marcelle P. Villegas For the past centuries, the mining industry in the Philippines was greatly affected by the changes of government or colonisers, events around the world and more. It seems that whenever there is war, there is also a rise in the demand in certain mineral resources or a fall in the production rate of some minerals. …
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The Philippines, the top supplier of nickel ore to China and a major producer of copper and gold, imposed the moratorium while the government worked on legislation to boost the nation's share of mining …
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