Philippine Resources Journal - Issue 4, 2023

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C O N S T R U C T I O N

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I N D U S T R Y ISSUE 04 2023

SEEING GREEN:

THE RETURN OF MINING PHILIPPINES PENARROYO:

MINING PHILIPPINES 2023: NAVIGATING PROFITABILITY AND SUSTAINABILITY BUNYE:

AUSTRALIA’S AND CANADA’S BLUEPRINTS FOR TRANSITIONING TO CLEAN ENERGY VIA CRITICAL MINERALS

SANDVIK AND PHILSAGA: A RELATIONSHIP BASED ON QUALIT Y, SERVICE, AND POSITIVIT Y ISSUE 4, 2023 – www.philippine-resources.com

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CONTENTS COMMENTARY

6

Mining Philippines 2023: Navigating Profitability and Sustainability

16

Strategizing the Transition to Clean Energy Through Critical Minerals: Australia’s and Canada’s Blueprints

MINING

CONSTRUCTION

20

PMEA Industry Updates for October and Onwards

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24

Setting the Goal on Net Zero Carbon Emissions for Mining

Aboitiz Construction: Forging a Legacy Through Innovation and Expertise

49

28

Seeing Green: The Return of Mining Philippines

Power Up Metro Manila Subway Project

32

Customer Visit Further Strengthens Partnership with Philsaga Mining Corporation

34

David Discusses Aligning Mining with Sustainable Development Goals

36

Digital Transformation for Underground Mines

40

Epiroc Introduces the High-Capacity Minetruck MT2200 for Enhanced Underground Haulage: Apex Mining’s Testament to Efficiency and Safety

43

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Leading the Way to Sustainable Mineral Analysis and Mining Solutions – QES Technology Philippines, Inc.

45 47

YAMAN Philippines to Conduct its 8th Student Congress in Baguio

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Advancing the Philippines’ Civil and Marine Infrastructure Sustainably and Safely with Fugro

55

Guide to Composites: The Power of FiberReinforced Plastics

55

Modernizing Mining Efficiency with Chief’s Open Belt Conveyors

56

Uniroc – The Choice for Drilling, Blasting, Tunnel Construction, and Underground Mining

57

Environmental and Social Responsibility Affecting Funding in Mining

58

Celebrating 25 years of Partnerships in the Philippines

59

Happy Earth Day!

60

TMC Bags Top Taxpayer Awards, Recognition From Claver LGU

61

Farmers Coop Gets P22-M Rice Mill Facility From Taganito Mining

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Driving Your Success: The Philippines’ Choice for OTR Tires

64

Robit: Serving Global Customers with Drilling Consumables

INDUSTRY

50

Philippines-Australia Ministerial Meeting in Adelaide Brings Bright Future

52

Canadian Ambassador’s Visit Heralds Forthcoming Commercial Operations of TVIRD’s Siana Gold Mine Agata Concludes Successful Nickel Project

COMPANY

Australia’s Economic Strategies to Help Southeast Asia

53

Solon: P12.8B ‘National Wealth Use’ Share Going to Local Governments

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rcosMining BetsPhilippines 2023: Navigating Profitability and Sustainability Mining

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RESOURCES COMMENTARY

written by: FERNANDO PENARROYO

Fernando “Ronnie” S. Penarroyo specializes in Energy and Resources Law, Project Finance and Business Development. He is also currently the Chair of the Professional Regulatory Board of Geology; the government agency mandated under law to regulate and develop the geology profession. He may be contacted at fspenarroyo@penpalaw.com for any matters or inquiries in relation to the Philippine resources industry and suggested topics for commentaries. Atty. Penarroyo’s commentaries are also archived at his professional blogsite at www.penarroyo.com

By Fernando Penarroyo

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Philippine Resources is published independently for executives in Philippine mining, construction, resources, and associated business sectors.

Publisher Elizabeth Galura Consulting Publisher Greg Brimble Editor Jimbo Owen Gulle Sales and Marketing Manager Matt Brimble +63 927 721 6622 Matthew@philippine-resources.com

midst inflation, supply Account Manager chain interruptions, Merian Jay Fallan industry would have to perform well. Durgeopolitical upheaval, +63 955 738 0266 ing the Philippine Economic Briefing in New merian@philippine-resources.com the devastating effects of Marcos the York where President delivered a keynote message to American investors, COVID-19 pandemic, and Administration Diokno emphasized the administration’s their subsequent effects on Cecilia Pamular commitment to help maximize the mining +63 917 308 1971 the energy and industrial sector’s potential in attracting more foreign cecille@philippine-resources.com commodities markets, mining investments. companies are facing enormous Graphic Designer Playing Up Bogtong Wangga challenges in Catch achieving their profitability and sustainability The mining industry considered the Journalists goals. Environmental, Duterte administration as another wasted Marcelle P. Villegas Abe Almirol era forand realizing the full economic potential social, governance Engr. Edison Mating of the sector.

The Marcos government in(ESG) considerations are herited a mining industry reeling from the more criticalstance than ever, power, a protracted permitting since the imposition of the Contributors anti-mining of the previous adminPatricia A.O. Bunye with issueswith on sustainability and a fiscal regime moratorium on new mining istration the appointment ofprocess, the late Fernando Penarroyo Regina Paz Lopez, a staunch anti-mining gaining prominence and that will not only enhance our agreements and the ban on open advocate, to head the Department of Enrequiring implementation country’s competitiveness as a pit mining. In 2022, exploration Manila Publishing Office vironment and Natural Resources (DENR).

Suite 6, 2nd Floor of decarbonization strategic miningby investment destination, budget was only US$35 million, The appointment was bitterly opposed Corinthian Plaza Building the industry resulting in Lopez’s rejection but equally important, reflective representing ten percent (10%) of ps, the planning. One key aspect of 121 Paseo de Roxas powerful bicameral Commission on mining by thisthe strategy involves significant of the government’s designation exploration in the Pacific valued Legaspi Village ble re- Appointments.

Makati City, Philippines 1226 investments in renewable energy of mining from being merely a at US$330 million.

There was During her term, Lopez ordered the cloom the Phone +632 8251 5599 sources comprehensive “beneficial” more intensive exploration for of and mining operations and initiated a industry to one that ic and sure auditglobal conducted on behalf of and “critical”. planningmine to bolster is “essential” green metals in 2022 but most down. national Digital Online Edition Mining Industry Coordinating Council. nts for the www.Philippine-Resources.com supply stability in volatile allocations were still directed scored Mining stakeholders described the three times. Against this backdrop ASSESSING THE to exploration activities at mine Secre- years of closure of these companies as the Chamber of Mines theat that PHILIPPINES’ POTENTIAL sites. Local exploration remains and claim of that time, the ed the “arbitrary” practically “gasped nt to industry Philippines (“COMP”) played for breath.”

IN THE GLOBAL GREEN gold-focused while advanced On the Cover: With COVID-19 bringing down the REVOLUTION nment host once again to the Mining METALS exploration for copper and Photo courtesy of SANVIK no also economy on its knees and a worsening Philippines Conference 2023 According to the S&P Global nickel dominates. economic fallout becoming inevitable, xpects with the theme, Green”.

Commodity The Philippines holds huge issued “Seeing Executive Order No. 130 in Insights Report, ere to Duterte New Leopard DI650i down-the-hole surface drill rig offers long-term 2021,Chair liftingMichael the nine-year moratorium es. He April COMP the Philippines is more involved untapped and underdeveloped the granting new Fiand superior with robust and reliable main components strike on Toledo articulatedofthat themining permits. in the upstream industry. productivity A deposits of copper stability and nickel. viron- nally in December 2021, the Duterte admin– seamlessly integrated with state-of-the-art technical solutions. Scalable Philippines can only take few projects are currently in The country, which hosts the succumbing to economic pressure, d sup- istration automation, easy maintenance and outstanding movability are the features advantage of opportunities world’s fourth largest nickel the ban on open-pitinmining. development, but potential onomic lifted It is well to note that at the height of that make Leopard DI650i a premium product, which is an honor to own. the energy transition if two additional value of ores is lost reserves, remains competitive pandemic in 2021, the mining sector’s s eco- the conditions were met. First, the due to lack of local processing while lagging in copper rm fis- contribution to the gross domestic product capacity. Only fourteen percent compared to other Leave yourreserves paw print and enjoy the smooth, efficient ride. cceed country must be able to address Page 8 current > (14%) of Mineral countries. It also has the third mining the divided public opinion on mining. The second condition Production Sharing Agreements longest average lead time from involves resolving other issues (“MPSA’) are nickel and copper discovery to production - 19 ISSUE 4 2022 • WWW.PHILIPPINE-RESOURCES.COM Explore the new Leopard DI650i: affecting the investment climate projects under development. years. It maintained its rank in in the industry. These issues Philippine exploration ROCKTECHNOLOGY.SANDVIK/DI650i nickel production but lag other include conflicting local and budgets dwindled in the recent Page 8 > national laws, high costs of decade and have not recovered

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RESOURCES COMMENTARY

< Page 6 countries in copper production.

Nickel and copper production is expected to increase in the medium term with the Philippines maintaining its second spot in 2022 next to Indonesia despite seven percent (7%) year-peryear decrease. The Philippines contributes less than one percent (1%) of global mined copper production in 2022 but there is strong projected growth for copper production when the Tampakan project goes on-stream.

Meanwhile, the Department of Environment and Natural Resources (“DENR”) reported that it is currently undertaking advanced exploration of proposed mineral reservation areas to look for possible local sources of rare earth elements and other critical minerals through its National Mineral Reservation Program. The DENR’s critical mineral policy aspires to provide a sustainable supply of critical minerals and establish valueadding downstream mineral processing industries. No discussion was made, however, as to the source of funding and technical expertise-building in the exploration of critical minerals.

If commodity demand and prices stand their ground, alongside a conducive policy environment and the elimination of physical infrastructure bottlenecks, a significant comeback might be on the horizon. More initiatives from the exploration side to the processing sector are needed to revitalize the Philippines’ position in the nickel and copper value chain.

The mining industry’s objectives in expanding the mining and processing involvement of the Philippines must be balanced with the country’s decarbonization goals.

THE DENR CONTINUES TO FOCUS ON SUSTAINABILITY AND CLIMATE CHANGE RESILIENCE Globally, climate change has placed the net-zero agenda on top of the objectives of mining companies. At the mining conference, the DENR found it apt

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to remind the industry to tackle the tangible threats posed by climate change.

In DENR Secretary Maria Antonia Yulo-Loyzaga keynote speech, she mentioned that her department has pilot-tested a new process called Negotiated Sustainability and Resilience Agreement for implementation in 2024. This process involves a dialogue between the DENR and the mining companies to identify and negotiate shared goals such as reduced environmental impacts, renewable energy adoption, and community resilience for the overall improvement of their quality of life.

The DENR also revised the Social Development Management Program under the Philippine Mining Act of 1995 to link it to the Sustainable Development Goals adopted by United Nations member states, to build in the assurance that mining operations respond to host community and ecosystems needs. Secondly, the DENR hopes to formalize small scale miners through step-wise, alternative arrangements to regard

them as partners and members of the mining sector. One of these is a proposal to register small scale miners individually, followed by the establishment of a loose organization as the foundation for a more formal association or cooperative towards Minahang Bayan registration. Thirdly, the DENR has adopted the Mitigation Hierarchy in evaluating proposed and ongoing developments in the mining sector. Finally, the DENR reported that it is investing in the digitization of all mining-related information and the processing of applications and permits.

Digitization should address making DENR’s procedures more efficient, leading to shorter and more transparent processing permits and applications.

RATIONALIZATION OF THE MINING FISCAL REGIME AND DEVELOPING A MINING ROADMAP With inflation creeping upward, mining companies are pushed to keep cost fluctuation at bay and maximize profits. While investors are pursuing their capital

allocation strategies, they are on the lookout not only for mineral prospectivity but on the host country’s tax regime as well. The conference was a venue for the Philippine government to present its new package of fiscal regimes vis a vis other mining jurisdiction.

The Department of Finance (“DOF”) presented that the current mining fiscal regime is heavily geared towards taxation based on gross revenue but does not have a component to capture windfall profits. In contrast, taxes of other countries are skewed towards profitability. The DOF enumerated key reforms under its proposed mining fiscal regime: Simplification of the mining fiscal regime from the current five to two; Imposition of three percent (3%) royalty tax outside mineral reservation to address the constitutional issue; Introduction of a windfall profit tax mechanism to ensure government’s fair share when mineral prices are high; and Page 12 >

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< Page 8 Provisions on thincapitalization, ring-fencing, transparency, and accountability.

The proposed special mining tax will be based on “margin”, ranging from zero percent (0%) to fifteen percent (15%). The windfall profit tax is proposed to be not deductible from corporate income tax.

Meanwhile Department of Trade and Industry (“DTI”) Secretary Alfredo E. Pascual in his keynote speech, said the DTI is firmly pushing for the development of the green metals sector by advocating for valueadded downstream mineral activities in the segment of battery precursor production used for electric vehicles batteries and battery energy storage system.

This initiative is anchored on the global transition to clean energy technologies, which calls for the promotion and development of green metals.

The DTI-Board of Investments also leads the Working Group on Mineral Processing and Battery Manufacturing/Green Metals, which seeks to address concerns and issues vital for developing and promoting the sector to create a strategy that will attract mineral processors and battery manufacturers into the country.

As the Philippines aims to strategically position itself in the regional and global value chains of electric vehicles and batteries, it

12 PHILIPPINE RESOURCES

is essential for the government to recognize the suitability of local nickel ores for battery applications particularly battery-grade materials for cathodes. Moreover, Secretary Pascual believes that the abundance of other mineral resources like copper plays a pivotal role in providing essential components of electric vehicles.

Secretary Pascual added that government policy must focus on advancing value-added activities and increasing participation in the regional and global value chains of electric vehicles, batteries, and renewable energy equipment.

He mentioned that there is a tremendous opportunity to use the extractive industry’s potential to propel long-term economic growth. He identified several opportunities in mining and mineral processing which include: Green metals processing (cobalt, copper, nickel) and other value-added downstream mineral activities; Copper wire rod facility (to address the value chain gap in the local copper industry); Battery technologies; and End-user industries like renewable energy equipment.

As an added attraction in doing business in the Philippines, Secretary Pascual also mentioned that Section 300 of the Corporate Recovery and Tax Incentives for Enterprises (“CREATE”) Act, provides for the formulation of the Strategic Investment Priority Plan (“SIPP”). Signed on 24 May

2022, the SIPP is the country’s investment plan containing the list of priority activities for investment promotion and facilitation supported through fiscal and nonfiscal incentives as provided in the CREATE Act. The exploration of metallic resources is listed under Tier 1 (Special Laws) which is limited only to capital equipment incentives. On the other hand, green metals processing is listed under Tier 2, where activities cover environment, health, food security, industrial value-chain, and defense-related activities.

The SIPP guarantees higher incentives, Tier 2, for registered business enterprises located farther from metropolitan areas and the highest incentives under Tier 3, where projects or activities involve research and development applications, and highly advanced technologies.

MINING FISCAL REGIMES AND BENCHMARKING To realize the revenue potential of the local mining industry and strengthen its international competitiveness, the United States Department of Interior and Department of State provided policy support and technical assistance to the DENR in designing and implementing an upstream fiscal regime. The Technical Assistance on Mining Sector Governance for the Government of the Philippines came out with a report prepared

by Deloitte outlining its Key Observations on Philippine mining income taxation. The report presented during the conference stated that income tax rate is comparable to that in benchmarked nations as well as accelerated depreciation.

However, the period to carry forward a loss is more restrictive in the Philippines than in the benchmarked nations. Also, special deductions and credits to encourage mining are not offered or are discretionary unlike some benchmarked nations where they are generally automatic and not subject to discretionary approval.

It was recommended in the report that the Philippine government continue to apply the

same income tax rates to mines that apply to other taxpayers. In addition, the report recommended not to provide a depletion allowance, like other nations with state-owned minerals, and amend Section 34(G) of National Internal Revenue Code of 1997 (“NIRC”) accordingly and consider not granting income tax holidays to mining taxpayers. This recommendation also calls for an update of Section 83 of the Mining Act, and Sections 39, 217, and 227 of its implementing rules and regulations.

On royalty and excise taxes, the Philippines, unlike most nations, imposes both royalty and excise taxes which total to twelve percent (12%), broken down as follows: 5% Royalty Tax - only levied in a mineral reserve area; 4% Excise Tax - no benchmarked nation charged excise tax on mineral sale; 2% Local Government Tax (maximum); and 1% Royalty Tax to Indigenous People (minimum).

The report mentioned that royalty rates exceed those in benchmarked nations and the combined rate is one of the highest in the world. The current approach imposes a high combined advalorem royalty. It recommended that the Philippine government consider imposing a single royalty and subjecting all mines to a five to fourteen percent (5-14%) sliding scale royalty based on net operating ratio applied to net income, like the royalty system in Chile.

To summarize, the key recommendations for reform in the report called for the Philippine government to consider discontinuing royalty imposed on mines within a mineral reservation and zero-rate mineral sales for excise tax. Instead, a new tax based on the Chilean approach of an operating marginbased royalty can be imposed.

A new royalty approach could include the existing one percent (1%) royalty on mines in ancestral lands, existing two percent (2%) local business tax, and a new sliding scale operating marginbased royalty. The benefits of a Page 14 >

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< Page 12 sliding scale operating-margin (annual profitability) royalty are as follows: Progressive (higher profit mines are taxed more heavily than lower profit mines); More marginal operations can be built, enhancing tax base potential; Automatic adjustments for price cycles (allows the government to capture additional revenue when commodity prices are high without placing a large economic burden on mining companies when prices are low); and Well-tested in major mining nations like Chile and Peru.

It was also recommended that the Philippine government consider adopting nondiscretionary exemptions, deductions, and discontinuing the current system where investors must still apply for various fiscal incentives. The discretionary SIPP approach doesn’t suit mining based on the following reasons: Deductions/exemptions/ incentives are unstable, unpredictable, ad hoc, and discretionary; The SIPP is revised every 3 years; The tax approach can be standardized in the NIRC, eliminating the need for SIPP; and Investors consider predictability and consistency in fiscal regimes to be of high importance when evaluating where to invest.

Finally, it was recommended that the Philippine government consider making the fiscal systems for Financial or Technical Assistance Agreements (“FTAA”) and Mineral Production Sharing Agreement (“MPSA”) identical. The current approach imposes different fiscal systems on FTAAs and MPSAs. The FTAA approach includes an Additional Government Share that is not conducive to attracting investors. A single system would be administratively easier to regulate and monitor. The unified system can also facilitate the standardization of tax matters set out in the NIRC, negating the need to include these provisions in the MPSA and FTAA contracts, resulting in simpler agreements.

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A fiscal regime combining a royalty and tax targeted explicitly on rents (along with the standard corporate income tax) has appeal for many developing countries including the Philippines. Such a regime ensures that some revenue arises from the start of production, and that the government’s revenue rises as rents increase with higher commodity prices or lower costs.

In so doing, it can also enhance the stability and credibility of the fiscal regime (though processes to allow renegotiation may also be needed). It can also balance the challenges that each instrument poses for administration.

Transparent rules and contracts tend to improve stability and credibility. Poorly designed international tax arrangements, however, can seriously undermine revenue potential.

CONTINUING THE ENGAGEMENT BETWEEN THE GOVERNMENT AND THE INDUSTRY ESG considerations are the driving force for enhanced transparencies in mining operations with calls for urgent compliance by mining companies for greater diversity, equity, and inclusion, as well as responsible mine closure strategies. This has resulted in stronger ties and coordination with host governments and fostering more stakeholder collaboration.

In his Keynote Speech, Manuel V. Pangilinan, Philex Mining Corporation Chair, suggested that the private sector should help government raise its supervisory capabilities through funding of scholarships and training, procurement of equipment, and hiring of requisite personnel. He also called for the separation of the functions of regulation and the promotion of the mining industry.

The Mines and Geosciences Bureau (“MGB”) is charged with the promotion, development, and supervision of mining. The Environmental Management Bureau’s (“EMB”) mandate on the other hand, is to enforce environmental laws on mining.

Both fall under the supervision of the DENR. These apparently conflicting goals can, at times,

place the DENR in a policy dilemma. He suggested spinning off the EMB into a separate and independent body, like the Environmental Protection Agency in the US. Mr. Pangilinan said that Philex is open to a profit-based fiscal regime to assure the government that an appropriate share of the benefits derived from the resources the state owns. It welcomes the recent congressional approval on second reading of House Bill No. 8937, which proposed a royalty rate calculated against margins realized by mining companies, as well as a windfall profits tax.

Finally, Mr. Pangilinan believes that the mining benefits between the host local government units (“LGU”) and the national government should be shared more equitably. The national government must ensure the timely remittance of taxes due LGUs. As mining is location specific, Philex sympathizes with the LGUs’ desire to realize the fruits of the resources situated in their communities.

Philex is optimistic because the Marcos administration has been clear, predictable, and transparent with respect to mining and applauds the President’s desire to expand the industry, spread the benefits of mining to the countryside, and incentivize the processing of ores into higher value-added export products.

I share Mr. Pangilinan’s sentiments in providing technical assistance to monitoring agencies

to build capacity in government regulatory offices. In my capacity as Chair of the Professional Regulatory Board of Geology, I have been recommending mining and energy companies to sponsor scholarships for government employees and local academics in my inspection and monitoring of these establishments. Also, just like Mr. Pangilinan, I have been critical of the administrative set-up of the DENR, having both the MGB and EMB under its wings. However, I have advocated in my previous commentaries that the MGB be removed from the administrative control of the DENR. With a sold-out attendance, the conference was indeed a success in whetting the appetite of the business community craving a positive outlook for the local mining industry. But quoting Johann Wolfgang Goethe: “The greatest thing in this world is not so much where we stand as in what direction we are moving.” I hope that this level of engagement is soon translated to real action. I see the outcome of the conference as an opportunity for the industry to enhance its reputation, gain greater recognition for the economic benefits mining has bestowed, and pledge commitment to deliver its objective of promoting sustainability.

Copies of the Mining Philippines 2023 conference presentations are available for reference at: https://app.glueup.com/ event/mining-philippines-internationalconference-and-exhibition-81637/

ISSUE 4, 2023 – www.philippine-resources.com

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Strategizing the Transition to Clean Energy Through Critical Minerals: Australia’s and Canada’s Blueprints written by: PATRICIA A. O. BUNYE

Patricia A. O. Bunye is a Senior Partner at Cruz Marcelo & Tenefrancia where she heads its Mining & Natural Resources Department and Energy practice group. She is also the Founding President of Diwata-Women in Resource Development, Inc., a non-government organization advocating the responsible development of the Philippines’ wealth in resources, principally through industries such as mining, oil and gas, quarrying, and other mineral resources from the earth for processing.

A

t the recently concluded Mining Philippines 2023, Undersecretary Carlos Primo David, speaking on behalf of DENR Secretary Maria Antonia Yulo Loyzaga, detailed how the department is focusing on governmentled exploration targeting critical minerals needed to transition to renewable energ y.

The limited budget of PHP60 million for minerals exploration, he said, is to be used to revive exploration by government. With the results of the initial exploration by government, there would be enough information for the private sector to get interested in and continue the exploration. This government-led exploration aims to identify, among others, critical minerals and declare more mineralized areas.

In their respective responses to Undersecretary David‘s keynote, Australia’s Ambassador to the Philippines HK Yu and Canada’s Counsellor (Commercial) Guy Boileau referred to how their countries, which are both mature mining jurisdictions, have adopted long-term

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strategies designed to take full advantage of the opportunities presented by critical minerals and their role in the transition to clean energ y: in exploration, extraction, processing, downstream product manufacturing and recycling.

Critical minerals, as the very name suggests, are critical in making possible a green and digital economy.

There is no energ y transition without critical minerals: no batteries, no electric cars, no wind turbines and

no solar panels. Electricity f lows through copper. Wind turbines need manganese, platinum and rare earth magnets. Nuclear power requires uranium. Electric vehicles require batteries made with lithium, cobalt and nickel. Indium and tellurium are integral to solar panel manufacturing.

Australia has adopted its Critical Minerals Strateg y 2023-2030. By implementing this strateg y, it is envisioned that, by 2030, Australia has grown the geostrategic

and economic benef its of its critical minerals sector; is a globally signif icant producer of raw and processed critical minerals and supports diverse, resilient and sustainable supply chains.

It is anchored on the following focus areas: (1) developing strategically important projects; (2) attracting investment and building international partnerships; (3) First Nations engagement Page 18 >

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Metallic Category

Best Mining Forest for

Safest Surface Mining Operation

Presidential Mineral Industry Environmental Award

Best Surface Safety Inspector Aldrin L. Resullar

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3rd Runner-up Best Mining

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Safest Mining Operation

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Achieve the highest standards for responsible and sustainable development of our country’s natural resources!

Presidential Mineral Industry Environmental Award

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< Page 16 and benef it sharing; (4) promoting Australia as a world leader in ESG performance; (5) unlocking investment in enabling infrastructure and services; and (6) growing a skilled workforce.

The strateg y recognizes that, while Australia has many competitive advantages and the potential is great, there are corresponding challenges, including f ierce global competition as governments around the world race to incentivize investment in diversifying and expanding critical minerals supply chains.

Canada, for its part, adopted its own Critical Minerals Strateg y, which had a budget of CAD$4 billion in 2022. The Strateg y sets out a framework for Canada to become a global supplier of choice for critical minerals and the clean digital technologies they enable.

Like Australia, the framework targets job creation, economic growth, the advancement of reconciliation with Indigenous Peoples and close cooperation with Canada’s

18 PHILIPPINE RESOURCES

allies, while meeting international climate and nature protection objectives.

The Philippines has much to learn from these two countries which have led the way in resources development and how their mining industry is at the heart of key sectors driving their economy, including agriculture, manufacturing, artif icial intelligence, clean technologies, electric vehicles, energ y, among others.

It is notewor t hy t hat our ow n Depar t ment of Trade & Indust r y, as d iscussed by Secretar y A lfredo Pascua l in his key note, is pushing for t he development a of g reen mining sector which bui lds on our minera l r iches, par t icularly in copper, nickel and chromium, and which is anchored on dow nst ream minera l indust r ies, includ ing batter y precursor product ion used in EV batter ies and energ y storage systems.

Secretary Pascual also highlighted that the Philippines’ wealth lies not in just extracting minerals, but the added value that can be derived from processes such

as ref ining, smelting, and manufacturing, upon mineral extraction.

In this regard, it is worth noting that Canada, in its Critical Minerals Strateg y, emphasizes the dif ference between value chains and supply chains, def ining a value chain as the set of activities that add value at each stage of the production and delivery of a product to market (e.g., a product upgrade or process innovation). A supply chain, on the other hand, pertains to the organization and logistics of getting a product to market. For Canada, the value chain for critical minerals includes f ive segments: geoscience and exploration; mineral extraction; intermediate processing; advanced manufacturing; and recycling.

There is also recognition that critical minerals can change with time based on supply and demand, technological development, and shifting societal needs.

While what are identif ied as “critical minerals” may vary per country, there is a shared view that critical minerals have few or no

substitutes; are strategic and are somewhat limited commodities; or are increasingly concentrated in terms of extraction and in terms of processing location.

The Philippines, therefore, cannot af ford to lag in developing these valueadding industries. While it is certainly in a unique position to be a key player in clean energ y market and strategically position itself in regional and global value chains of EV and battery technolog y, it is not “the only game in town” with other minerally-endowed countries ahead of us in the race.

Notwithstanding the incentives for green metals processing in our 2022 Strategic Investment Priority Plan, it will take a wholeof-government approach plus the indispensable cooperation of the private sector to push our minerals development and clean energ y agenda.

Our lofty ambitions must be coupled with mitigating the current uncertainties in minerals exploration and extraction, starting with streamlining the approvals process and strengthening the regulatory regime.

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ISSUE 4, 2023 – www.philippine-resources.com

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PMEA Industry Updates for October and Onwards written by: MARCELLE P. VILLEGAS

I

n order pick up where everyone left off from the recent Mining Philippines 2023 last September, Philippine Mining and Exploration Association (PMEA) had a networking night last October 2, 2023 for the Monthly Membership Meeting.

This enhanced the networking momentum from the previous mining event.

PMEA President, Mr Joey Nelson Ayson, reported about the PMEA Matters and some Industry Updates. He started by announcing the PMEA 25th Anniversary this year. The anniversary celebration and Christmas party (including AGM) will be held on December 04, 2023 at Seda Hotel, Makati.

PMEA is registered with SEC as Philippine Mineral Exploration Association in September 1998.

The PMEA provides effective and responsible representation of the mineral exploration and mineral resources development sectors in the Philippines. Currently, PMEA has 15 regular members, 54 associate members, 21 individual members, and 17 honorary members.

“With the passage of time and new minerals sector developments, it became clear that a broader organization was necessary to represent the mineral exploration industry more effectively, including the local companies and investors,” stated in the organization’s website. Due to this need for the industry, the PMEA was eventually founded and incorporated. They also established regular monthly meetings at a convenient venue in Makati City.

PMEA is managed by a board Trustees, composed of seven elected members. Election is held at the annual membership meeting that is held in June of each year.

It is noteworthy that all Trustees are volunteers who receive no compensation for their efforts.

“PMEA seeks to stimulate interest and participation in the

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[Makati City] Oct. 2, 2023 – Mr Joey Nelson Ayson, PMEA President during the Monthly Membership Meeting

Philippine mineral exploration and mine development sectors by providing appropriate meetings and networking fora where its members can discuss current issues and agree on a sensible course of action.”

DENR/MGB UPDATES AND INDUSTRY NEWS IN SUMMARY There has been a current staff movement last Sept. 8, 2023 when ASec Nonita S. Caguioa retired. In DENR, she is formerly the Assistant Secretary for Finance, Information Systems and Mining Concerns.

For the upcoming ASEAN Mineral Awards, evaluation of country submissions is ongoing as

some countries missed the deadline.

For the Presidential Mineral Industry Environment Awards, 35 companies have been shortlisted.

Onsite validation is ongoing. The list includes 16 for surface mining, 12 for quarrying, 7 for mineral processing, none for underground mining and exploration.

Regarding the Supreme Court’s issuance of writ of kalikasan against Altai Philippines Mining Corporation (APMC), DENR, and MGB, the case is currently being handled by the Office of the Solicitor General. Looking back, a resolution dated June 13, 2023 was issued where the Supreme

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COMPANY NEWS < Page 20

Court ordered APMC, DENR and MGB to file their comments within 10 days after the service of the writ. The Supreme Court issued a writ of kalikasan against them in relation to a petition seeking to protect Sibuyan Island in Romblon from environmental destruction due to mining activities. The writ of kalikasan is a legal remedy that aims to protect the rights of Filipinos to a healthful ecology.

Regarding the New Mining Fiscal Regime, HB 8937 (or An Act Enhancing the Fiscal Regime for the Mining Industry) was approved by Congress. It states that for mineral reservation for large scale metallic mines, royalty is 4% of gross output, while outside mineral reservation (also for large scale metallic mines), royalty is margin based. For small scale miners, it is 1/10 of 1% of gross output.

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Celsius Resource Limited • DMPF for MCB Project has been approved.

• Needs to convert EP in MPSA • Total resource of 338Mt @ 0.47% Cu and 0.12g/t Au at 0.20% Cu cut-off Medusa Mining / X64 Limited • Still Voluntary Administrators effective July 2, 2023 • In a voluntary trading suspension since Feb. 28, 2023 until now • Concerns on the 60% ownership in Philsaga • Mining and processing is ongoing as usual.

Lobo Project - Batangas • Bluebird Merchant Ventures Inc. to drill 34 holes totalling 5,666m • Initial target is the South West Breccia (SWB) prospect.

• Egerton Gold MPSA Sagittarius Mines Inc. • Finalizing plans, designs for start of construction of facilities.

• Target start of construction in 2024.

DMCI • Plans to open 2 new nickel mines.

• First will be in Zambales and is expected to be operational in December 2023.

• Second will open 2Q 2024.

Kingking • MPSA renewed in 2016.

• Fully permitted with ECC, FPIC and DMPF approved • Reserve of 618Mt containing approx. 1.9Mt Cu and 7.8Moz Au Other topics: • For the National Unified IEC (NUIEC), Communication Plan has been presented by EON. There is a need for materials for their library on best practices, statistics, etc.

• Indonesia launched its first carbon emission credit trading.

Of note, 13 carbon credits is traded at $4.51/ton.

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ISSUE 4, 2023 – www.philippine-resources.com

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Setting the Goal on Net Zero Carbon Emissions for Mining written by: MARCELLE P. VILLEGAS

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overnments and corporations around the world are taking serious steps in achieving the goal of net zero carbon emissions. During the keynote speech of former DENR Assistant Secretary, Mr Ricardo L. Calderon, he emphasized the connection between climate change, nature loss, and business. He also noted the role of forest conservation and restoration in achieving the net zero carbon emissions goal.

Mr Ricardo L. Calderon was the guest speaker of the PMEA Monthly Membership Meeting last September.

His presentation’s title is “Net Zero Carbon for Mining Operations”.

Mr Calderon is best known as the former DENR Assistant Secretary for Climate Change and Director for Biodiversity Management Bureau. He is a field veteran in forest management.

He graduated with a degree of B.S. Forestry in 1985 from the University of the Philippines Los Baños, Laguna.

Also from UPLB, he has a Master’s Degree in Forestry (Major in Forest Resources Management and Minor in Silviculture and Forest Influences) in 1992.

During his career in DENR, he is known as the youngest DENR CENRO 1994 Eagle Awardee for meritorious services after receiving recognition as Model CENRO of the PENR Office, Puerto Princesa, Palawan in the same year for exemplary performance. [1] Additionally, he was a three-time Provincial Environment and Natural Resources Officer (PENRO) awardee in 1998 and 1999 when he was PENRO of Laguna and in 2003 as PENRO of Aurora Province.

Mr Calderon served as Regional Technical Director (RTD) for Forestry in Central Luzon from 2004 until 2006. He became the Regional Executive Director (RED) of Davao and Iloilo and thereafter was appointed as RED of DENR Region III from July 30, 2009 until June 8, 2012, after which he was assigned as Director of the DENR’s Forest

24 PHILIPPINE RESOURCES

Management Bureau (FMB).

As keynote speaker of PMEA’s Monthly Membership Meeting last September, he started his report by enumerating the facts about mining in the Philippines. He noted that the Philippines ranked the 5th in terms of mining potential in the world.

Among the 9 million hectares of high mineral potential, more than 90% are located in the 15.2 million hectares of forestland. Only 2.42% are under mining development.

He reported that mining offers substantial contribution to the economy (102.3 billion pesos in 2020) through job creation, employment, and improved infrastructure for local communities. On the down side, mining in the Philippines is restricted or regulated due to history of environmental mismanagement.

Mining also enjoys full government support. Last Feb. 19, 2023, President Ferdinand “Bongbong” Marcos, Jr. said, “So it is a question of enforcing the law in terms of responsible mining and that is what we will continue to do. And we will always make sure that mining companies who come in, once they are finished mining that they will leave the site in the same condition as it was when they found it.” [2] Mr Calderon noted that the

President and MGB agreed in principle to maintain biodiversity with mining thru the reference forest scheme or approach, but this has to be operationalized thru policy and program with the full support of the mining industry and mining professionals.

In relation to this, DENR DAO 2022-04 “Enhancing Biodiversity Conversation and Protection in Mining Operations” was approved on March 4, 2022.

In order to achieve the net zero carbon emission goals, why is it important to invest in forests?

He reported that, “Forest conservation and restoration is a powerful tool to address the dual climate and nature crisis that businesses are facing.”

To further explain this, he showed an illustration of a triangle where “Climate Change --> Nature Loss --> Businesses” are interconnected.

So how can we achieve forest conservation and restoration? One obvious solution is making it a vital priority to stop business practices that contribute to nature loss and climate change. As an effect, “investing in forest conservation and restoration can mitigate the effects of climate change and can protect and restore

[Manila Elks Club] Sept. 4, 2023 – Mr Ricardo L. Calderon, Former DENR Assistant Secretary for Climate Change and Director for Biodiversity Management Bureau (Photo by Marcelle Villegas)

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MINING

< Page 24 biodiversity and ecosystem services.”

“Governments, consumers, and investors are increasingly putting pressure on businesses to transition towards net-zero emissions. Businesses are vulnerable to the physical effects of climate change, e.g. extreme weather events can disrupt supply chains.”

He also mentioned that businesses are dependent on nature and its services, and $44 trillion of economic value generation is moderately or highly dependent on nature. With that said, it clearly emphasizes the importance of protecting nature.

“Can the private sector, mining industry, and mining professionals in particular be part of the solution to combat climate change and biodiversity loss which is now a global problem?” To answer that, he gave the following key point: 1. Climate change and biodiversity loss has become a top priority worldwide.

2. Government economic policy makers and corporate strategies are embracing sustainability goals most notable the Net Zero Emissions.

3. Businesses including mining are vulnerable to the physical effects of climate change.

4. Governments, consumers, and investors are putting pressure to transition to Net Zero Emissions.

5. Removing and storing more carbon than we put in the atmosphere demands new technologies and innovations. New

26 PHILIPPINE RESOURCES

industrial processes and new way of business practices are at a very high cost that has to be front-loaded.

Additionally, he noted that restoring trees in the forest and landscape through reforestation, restocking and rehabilitation, agroforestry and preventing deforestation is the single largest and cost-effective opportunity for carbon removal and storage. This is in reference to the IPBES 2019 report.

IPBES refers to the Intergovernmental SciencePolicy Platform on Biodiversity and Ecosystem Services. It is an intergovernmental organization established to improve the interface between science and policy on issues of biodiversity and ecosystem services.

IPBES was founded in April 21, 2012.

According to IPBES, “The IPBES’ 2019 Global Assessment Report on Biodiversity and Ecosystem Services comes at a critical time for the planet and all its peoples. The report’s findings — and the years of diligent work by the many scientists

who contributed— will offer a comprehensive view of the current conditions of global biodiversity.” [3] To conclude his presentation, he ended with two important questions for everyone to think about.

Can the net zero ambition be achieved by 2050 or 2070?

Can the mining industry and the mining professionals be part of the global efforts for climate change mitigation and adaptation including biodiversity conservations?

---Reference: [1] https://forestry.denr.gov.ph/index. php/director-profile [2] Geducos, Argyll Cyrus (Feb. 19, 2023). “Marcos vows to protect environment, enforce mining law”.

Manila Bulletin.

[3] IPBES 2019 https://www.ipbes.net/sites/default/files/ inline/files/ipbes_global_assessment_ report_summary_for_policymakers.pdf Additional Photo credit: Event poster of ASec Ricardo Calderon – by Ms Girlie Yu, PMEA Secretariat

ISSUE 4, 2023 – www.philippine-resources.com

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MINING

Seeing Green: The Return of Mining Philippines written by: MARCELLE P. VILLEGAS

A

fter a three-year pause from face-to-face events due to the COVID-19 pandemic, this year, the Chamber of Mines of the Philippines (COMP) returned with the much-awaited mining event in the country -- The Mining Philippines 2023 International Conference and Exhibition.

The event was held last Sept. 19-20, 2023 at the EDSA Shangri-La Hotel Manila. This year’s theme is “Seeing Green: Shaping a Sustainable Minerals Development Industry”.

The event was an exciting reunion for leading stakeholders, mining executives, investors, government officials, foreign dignitaries, professors, students, members of the press, and more. The conference and the exhibit presented the latest trends and innovations in mining, quarrying, and mineral processing. The focus of the event is on green and sustainable mining for the future growth and development, with a goal to provide participants with a deeper grasp of the social, geopolitical, and economic aspects of the mining industry.

The exciting opening ceremony was led by Michael Toledo, COMP Chairman. He mentioned in his welcome remarks the positive changes in the industry, include the lifting of the moratorium on new mining projects and of the ban on open pit mining.

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He said, “It took a global contagion before these decade-long policy roadblocks were removed and the importance of mining was recognized.”

“While most other industries were staggering and downsizing at the height of Covid-19, only a few large-scale mining operations experienced temporary closure, and these were due mainly to local government directives. This explains why mineral exports were largely unaffected and employment in mining was generally stable throughout the pandemic.”

“With the roadblocks to mining finally removed, three large copper-gold projects that were stymied by the policy roadblocks – Tampakan, Silangan, and King King – are now in a better position to proceed to development,” Toledo said.

He said that the three projects will provide great benefits to host communities. The projects are also forecasted to bring revenues to the National Government and the Local Government Units

through taxes and royalties.

“Those are just three projects that were hampered by the constricting policy environment. If we can establish stable mining policies over the long term, we can see more projects coming onstream.”

“The industry’s potential will grow even more over time. And the Chamber of Mines is extremely hopeful that stability is just around the bend.”

Moreover, he commended the impact of government support as a great relief for the industry.

“Our hope is magnified by another positive change. At long last, we have a government that has clearly expressed support – qualified support, let me emphasize that – for mining. The administration of President Bongbong Marcos, through the pronouncements of several cabinet officials in various forums… acknowledges mining as a priority sector with a high growth potential that will help our economy recover,” he said.

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PHILIPPINE RESOURCES 29

MINING

< Page 28 “We have been laying the groundwork – using a deliberately phased approach – to further improve our members’ ESG performance by way of the Towards Sustainable Mining initiative,” he said.

From the media release of COMP, “Towards Sustainable Mining (TSM) is a set of tools and indicators to drive performance and ensure that key mining risks are managed responsibly, and best practices are used at members’ facilities.

It was established by the Mining Association of Canada (MAC) in 2004 and adopted by COMP in 2017, making the Philippines the first in Asia to subscribe to this self-assessment system that is rapidly evolving into the global standard for best practices in sustainable mining. COMP has made compliance with TSM mandatory to all its members.”

Toledo also stated, “Consequently, we are on track to meet our target of making available to the public the 2023 and 2024 externally verified self-assessment reports of our operating members.”

Finally, Toledo welcomed the government’s move to rejoin the Extractives Industry Transparency Initiative (EITI).

“We in the Chamber are open to any undertaking that encourages good governance. After all, we cherish our position at the forefront of transparency reporting in the extractives sector.”

“As the world advances toward a wider energy transition to meet global carbon reduction objectives in response to climate change, mining’s relevance has grown and become even more crucial,” he said.

The role of minerals in the creation of green technologies was also part of his message. The global demand for clean renewable energy is fast rising and since the Philippines has a rich supply of mineral resources, Toledo pointed out that we must take advantage of these opportunities in energy transition. But first, he emphasized that we need to address the divided public opinion on mining.

Other than the negative connotations on mining as instigated by some groups, Toledo mentioned that the industry has many other issues and challenges. For instance, there are conflicting local and national laws, the Philippines having high power costs, and a protracted permitting process.

And then there is a fiscal regime that will not only enhance our country’s competitiveness as a mining investment destination, but equally important, reflective of the government’s designation

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of mining from being merely a “beneficial” industry to one that is “essential” and “critical”.

To conclude, he said, “Global trends, the challenges they pose, and the positive changes being effected by our policy makers and industry players aimed at ensuring sustainability are gradually transforming mining as an area of growth, responsibility, and a future that gleams with possibility.”

In summary, here are some notable quotes from other speakers during the Mining Philippines 2023: “Our objectives aligned. I cannot think of a better duo than Australia and the Philippines. We have great opportunity here to go through this exciting pathway, hand in hand, exploring how things are working in both countries.” (H.E. HK Yu PSM, Ambassador, The Australian Embassy – Philippines) “Resource development and environment conservation are not mutually exclusive. And can be achieved by effective regulation and responsible mining practices. I want to recognize the leadership of COMP for adopting the TSM (Toward Sustainable Mining) standards in 2017, the first country in APAC to do so.” (Guy Boileau, Senior Trade Commissioner, Embassy of Canada to the Philippines) “The Philippines can be in a unique position to be an essential player in the global clean energy market, providing sustainable solutions to the climate crisis.

This demand for minerals comes when the mining sector is expected to help generate government income to bolster our economic recovery.” (Carlos Primo David, Undersecretary for Integrated Environmental Science, DENR) “We are primarily responsible for the exploration, utilization, management, conservation, protection and sustainable development of our environment, natural resources and energy resources. The efforts of MENRE-BARMM are geared towards ensuring responsible mining.”

(Badr Salendab, Director General, Ministry of Environment, Natural Resources

and Energy, BARMM) “We aim to improve the economic condition of our host communities. Mining could be a big driver of economic development and recovery.” (Engr. Eulalio B. Austin, Jr., President & CEO, Philex Mining Corporation) “Exploration is the lifeblood of the mining industry. All of your mines are aging. Every day your reserves are depleted. You need exploration to replenish your reserves.” (Joey Nelson Ayson, President, Philippine Mining & Exploration Association) “Our country boasts an abundance of natural resources that promise both economic development and sustainable progress. There is a tremendous opportunity to use the extractive industry’s potential to propel long-term economic growth. Philippine companies have several opportunities in mining and mineral processing. Not just exploration of mineral resources and their extraction, but also green metals processing and other value-added downstream mineral activities.” (Sec. Alfredo Pascual, Department of Trade and Industry (DTI)) “Mining is not the enemy, but poverty is. The most damaging myth in which our industry must contend with is the idea that we must choose between sustainability and mining. We should forge ahead together as one industry, in unity, in strength and do the right things for our people and for our planet.” (Manuel V. Pangilinan, CEO, First Pacific Co., Ltd.) “The gradual easing of the mining policy environment under a supportive administration is something we are truly thankful for and will never take for granted. We are well aware of the responsibility tied to this renewed trust.

As demand for minerals to feed the requirements of the energy transition increase, we shall remain steadfast in our resolve to help expand economic opportunities, promote social development, and protect the environment.”

(Gerard Brimo, Chairman, Nickel Asia Corp./Vice Chairman, COMP) ISSUE 4, 2023 – www.philippine-resources.com

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Customer Visit Further Strengthens Partnership with Philsaga Mining Corporation - A Relationship Based on Quality, Service, and Positivity

R

epresentatives from Sandvik Mining and Rock Solutions (“Sandvik”) Sales Area SouthEast Asia (Territory Philippines-Indochina) recently visited Philsaga Mining Corporation (PMC) in Agusan del Sur. They were welcomed and given a tour around the site by Philsaga’s Mechanical Maintenance Engineer, Senior Project Engineer, and Project Manager who were in charge for the development of their Decline project named Tigerway Access. The purpose of Sandvik’s visit was to further enhance their business relations with their client and to have an in-depth study of the activities within the mine site.

Philsaga mine site utilizes Sandvik equipment such as the Sandvik DD421 Development Drill rig and ToroTM LH517i Loader. Just recently, PMC received another ToroTM LH517i to add to its fleet. Meanwhile, Sandvik’s ToroTM TH430 Dump Truck is currently in transit to arrive soon at the mine site.

Sandvik is a global, high-tech engineering group providing solutions that enhance productivity, profitability, and sustainability for the manufacturing, mining, and infrastructure industries.

The company operates in the Philippines through its wholly-owned subsidiary, Sandvik Tamrock (Philippines), Inc. (STPI). Through STPI, Sandvik

32 PHILIPPINE RESOURCES

distributes and services the whole range of underground mobile mining equipment and surface drills plus aftermarket spare parts and rock tools.

One of the fast-growing services that Sandvik delivers is offering solutions for automation and remote monitoring of equipment, which increases operational efficiency and process reliability. The mine automation systems called AutomineTM cover all aspects of automation, from single equipment to full fleet control.[1] During the site visit, PMC expressed that they are highly satisfied with Sandvik Mining and Rock Solutions’ equipment and services. In particular, PMC commended Sandvik’s speed of response and communication, smart advice, and reliability.

To enhance the experience of customers in availing of Sandvik’s products and services, Sandvik clients can visit online the My Sandvik Portal at https://my.sandvik. This is a useful tool that enables Sandvik customers to request quotations and/or to place orders. The My Sandvik Portal also reports the stages of a transaction and other pertinent information, thus reflecting the excellent level of service that clients receive from their Customer Representatives.

Of note, PMC is highly impressed with the quality of the Sandvik Mining and

Rock Solutions equipment and services, in particular, its durability and parts availability. These are important factors and reasons why PMC preferred Sandvik equipment over other OEMs. Overall, this recent site visit strengthened further the existing robust relationship between PMC and Sandvik.

Moving forward, having regular site visits will pave the way for better and closer cooperation, which will result in smoother and more efficient mining operations.

For more information about Sandvik Mining and Rock Solutions, please visit their website at https://www.home. sandvik/en/.

----Reference: [1] https://www.home.Sandvik/en/aboutus/business-areas/Sandvik-mining-androck-solutions/ ISSUE 4, 2023 – www.philippine-resources.com

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MINING

David Discusses Aligning Mining with Sustainable Development Goals

D

epartment of Environment and Natural Resources Undersecretary for Integrated Environmental Science Carlos Primo C. David discussed the need to align the Social Development and Management Program of the country’s mining sector to the United Nations Sustainable Development Goals (SDG).

This would allow the Philippines to meet its specific targeted goals or metrics per SDG, which David shared during the 2023 Mining Philippines International Conference and Exhibition.

As an example, David cited SDG Target 2.4 (Food Production) of Primary Goal 2 (Zero Hunger) where internal food production in the host community should comprise at least 50 percent of food consumed by the community or better.

To meet this target, he recommends that mining

DENR Usec. Carlos Primo David

companies partner with local state universities to aid in farm development which will help the community develop other jobs and transition to other forms of livelihood by the time the mine’s life comes to an end.

The SDG is a global plan to end poverty, reduce inequalities

and protect the environment. It officially came into force in 2016.

David was among the presenters for the Session on Leveraging Environmental, Social and Governance for Social Responsiveness during the conference held in Mandaluyong City.

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ISSUE 4, 2023 – www.philippine-resources.com

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MINING

Digital Transformation for Underground Mines: PART 1: DEFINING OBJECTIVES, STOPE OPTIMIZATION, STABILITY ANALYSIS AND SCHEDULE written by: ENGR. MAE ANN R. CABASAG

I

n today’s mining industry, meeting market demand while ensuring sustainable extraction of Earth’s resources is paramount. Given that market forces and changing conditions can greatly affect a mining company’s ability to meet market demand, mining companies need to be more agile and come up with robust mine plans. Digital transformation that encompasses strategic planning, optimization, analysis and scheduling is an effective enabler for this. Such a digital transformation is possible with Dassault Systèmes’ Strategic

Mine Planning Solutions. In this article, we will explore a transformational journey for an underground mine.

As shown, this digital transformation is made up of six processes. It begins by assessing a potential or active project, leveraging up-to-date resource data as its basis. These processes are navigated with the end goal of arriving at a strategic mine plan or an updated Life-Of-Mine plan— which forms the linchpin for vital decisions, including feasibility studies and project viability assessments.

The first process is DEFINING OBJECTIVES, KPI’s and CONSTRAINTS. In this process, data is centralized within the 3DExperience Platform, enabling seamless integration and interpretation of information from various sources to precisely define key parameters. This includes updating predicted development, production rates, and historical data to establish mining parameters for stope optimization and scheduling. It also involves creating a probability distribution for modeling uncertainties in uncontrolled variables within the solution set. Furthermore, the 3DExperience Platform can be utilized to gather real-time information from the internet, including emerging market trends, political developments, and metal price forecasts.

The second process is STOPE SHAPE OPTIMIZATION, which is a vital step in mining operations. DS GEOVIA Surpac’s Stope Optimizer (SSO) is employed to create optimal stope designs based on project objectives and operational constraints. Multiple scenarios are evaluated against key performance indicators (KPIs) to identify potential stope configurations. With the SSO connected to the platform, the Process Composer application is applied, allowing for various stope configurations to be explored, with iteration performed over multiple scenarios. This involves adjusting key design criteria such as angles, dimensions, cutoff grades, and pillar widths. The Monte Carlo Algorithm is also employed to ensure that uncertainty regarding economic parameters such as mining cost, processing cost, and current metal price is simulated and considered.

Results are then analyzed using Analytic Tools to assess the impact of different inputs and to meet profitability requirements. This process step enhances stope value, task transparency, reproducibility, and significant time savings in generating and analyzing scenarios, ultimately resulting in a robust stope design that streamlines mining operations. Page 38>

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< Page 36 The third process is STABILITY ANALYSIS. Stability evaluation is performed on potential stope designs generated in the previous process. In this process, Process Composer simulation tool is also utilized to continue analysis of potential stope designs. However, instead of economic parameters, focus is on stability parameters such as geomechanical variables. As with economic parameters, these stability parameters, like H Barton, three sigmas and UCS, also come with inherent uncertainty, and Monte Carlo algorithm is used to model these uncertainties and explore various potential values. The Results Analytics application is employed to evaluate parameters, facilitate the ranking of stable solutions, and save simulation results to the Platform. This process enhances

decision reliability, leading to safer stope designs, and significantly streamlines scenario analysis while reducing design rework. The selected stope configuration excels in economic performance and operational viability, forming the basis for downstream scheduling.

The fourth process is STRATEGIC MINE SCHEDULE. It starts with the 3D design of a development network needed to access the stope designs created in the previous process.

This process involves scheduling development, production, and auxiliary activities, like backfilling, by setting up resources and defining an extraction plan with priorities and precedences. The goal is to analyze different sequences and production rates to determine an optimal schedule that achieves grade and material processing goals. Key schedule outputs, including cost, development meters, grade, and tonnage, are reported. Surpac is connected to the 3DExperience Platform, enabling access to stope designs, development networks, and block models. With Surpac, the development network, ramps, shafts, and ventilation raises are created. Then Minesched is used to create the underground mine

schedule. The Mineshed dashboard provides tools for monitoring schedule progress: animations and Gantt charts.

Integration with Process Composer allows for iterating different production rates and mining sequences, saving

time, and aiding in exploring alternative options and what-if scenarios. The visualization capabilities of Mineshed and the 3DExperience Platform enhance the understanding of underground mining sequences.

In Part 2 of this article, we will discuss the remaining processes in UG Mining Digital Transformation: Preparing Financial Models and Sharing and Collaborating on Reports.

Discover how these underground mining solutions combine to create a powerful end-to-end simulation, governance, and collaboration system. To learn more about the latest innovations and solutions in underground mining, get in touch

with Dassault Systèmes’ Value Solutions Partner, Paramina Earth Technologies Inc., via email at paramina_solutions@paramina.com.

----References: Dassault Systèmes. Strategic Mine Planning for Underground. 3DS EVENTS. https://events.3ds. com/strategic-mine-planning-forunderground Strategic Mine Planning in Changing

Times. Dassault Systèmes. https:// discover.3ds.com/strategic-mineplanning A guide to GEOVIA Stope Optimizer in Surpac. 3DS Blog. https://blog.3ds. com/brands/geovia/a-guide-to-geoviastope-optimizer/ The quest for the best plan in Strategic Mine Planning. 3DS Blog. https:// blog.3ds.com/brands/geovia/the-questfor-the-best-plan-in-strategic-mineplanning/

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Epiroc Introduces the High-Capacity Minetruck MT2200 for Enhanced Underground Haulage: Apex Mining’s Testament to Efficiency and Safety written by: EDISON MATING

U

nderground mining operations demand robust and efficient machinery to ensure smooth and productive haulage. Epiroc’s Minetruck MT2200, a high-capacity truck designed to take on the toughest challenges from the depths of the earth, is revolutionizing the mining industry. Building upon the success of its predecessor, the Minetruck MT2010, this powerful workhorse from Epiroc is raising the bar by expertly managing even heavier loads of up to 22 tonnes.

We delve into valuable insights from Apex Mining Co., Inc. as it joins other global mining companies using the MT2200 in their Maco Gold Mine in Southern Philippines.

Epiroc’s Commitment to Safety and Reliability: The safety of mine workers is paramount, and the Minetruck MT2200 leaves no stone unturned in ensuring their well-being. Equipped with a rearview camera, SAHR brakes, automatic locks, and alert lights, this truck sets the standard for safety in underground haulage. Epiroc emphasized the strategic placement of emergency shutdown controls and the activation of the automatic brake function when the cabin door opens, further highlighting their commitment to safety and reliability. Josel Retardo, Assistant Mine Division Manager, Technical at Apex Mining Co., Inc., was full of praise for Epiroc’s safety measures, stating, “The Minetruck MT2200’s safety features have been crucial in helping us achieve our production and backfilling targets while prioritizing the well-being of our workers.” He further adds that the reduced hauling time has streamlined their mining cycle. Apex Mining Co., Inc. is fully satisfied with the performance of the Minetruck MT2200 and looks forward to expanding their fleet with more units in the future.

BUILT ON A FOUNDATION OF EXPERIENCE AND RELIABILITY: Naser Silongan, Area Manager at Apex Mining Co., Inc., highlights the value of Epiroc’s swift and high-quality on-site maintenance services. This unparalleled

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Epiroc’s MT2200 in operation at Apex Mining Co. Inc.

MT2200 has a 22-tonne capacity used in both underground production and backfilling operations.

support has solidified their partnership with Epiroc, ensuring reliable and uninterrupted mining operations. Effective communication between the two companies has been instrumental in their successful collaboration. Epiroc’s experience in the mining industry shines through the design of the Minetruck MT2200. Sharing many features with its predecessor, the Minetruck MT2010, the MT2200’s design has been perfected through years of work experience and customer feedback. “Epiroc’s hands-on experience makes all the difference in the performance and reliability of the Minetruck MT2200. We trust Epiroc to deliver equipment we can depend on,” added Naser.

Meeting Operational Demands with Ease: Johary Unggel, another Area Manager at Apex Mining Co., Inc., expresses delight in the Minetruck MT2200’s impressive load capacity, perfectly aligning with their underground mining method and existing infrastructure. The seamless integration of this high-capacity truck has enhanced the overall

efficiency of its mining operations. With the ability to transport heavy 22-tonne loads, the Minetruck MT2200 not only boosts productivity but also maximizes production capacity with its ease of going up ramps with its powerful and dependable powertrain. This efficiency has resulted in significant time and fuel savings, optimizing the entire mining process. Johary Unggel expressed satisfaction with the truck’s productivity capabilities, saying, “The Minetruck MT2200’s ability to reach high speeds on inclines has significantly optimized our production capacity, allowing us to reach our targets.”

OPERATOR COMFORT: A KEY TO ENHANCED PERFORMANCE: Recognizing the importance of operator comfort, Epiroc has ensured that the Minetruck MT2200’s cabin provides a comfortable and ergonomic environment for the operator. Raymond Icalina, an experienced operator who has been operating several mine trucks in his career, praised the cabin’s ergonomic design and thoughtful features, stating,

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< Page 40 “The cabin with low noise levels, air conditioning, and easy-to-reach controls has significantly improved my comfort and visibility during long shifts.

This directly translates into improved productivity and job satisfaction.” The reduction in noise levels, optimal air quality, and controlled temperature minimize operator fatigue, enhancing productivity and job satisfaction.

Raymond appreciates the user-friendly touch-screen color panel and illuminated buttons that make supervision and safe operation a breeze.

CONCLUSION: The Epiroc Minetruck MT2200 has revolutionized underground haulage with its emphasis on safety, productivity, and operator comfort. Apex Mining Co., Inc.’s testimony of increased efficiency, seamless integration into their mining methods, and Epiroc’s dedicated service and partnership further solidify the Minetruck MT2200’s position as the go-to choice for underground haulage.

As Epiroc continues to innovate and evolve, it remains a pillar of support

for the Philippine mining industry’s progress.

Epiroc offers a comprehensive portfolio of mining equipment, including both diesel-driven and battery-powered drill rigs, loaders, ground support machinery, and underground vehicles. Their close collaboration with mining companies, such as Apex Mining Co., Inc., ensures that the equipment meets the specific needs and demands of the industry. Epiroc’s dedication to customer satisfaction and hands-on approach has solidified its position as a trusted partner for mining operations worldwide.

----References: Epiroc. Minetruck MT2200. Retrieved 30 July 2023, from https://www.epiroc. com/en-ba/products/loaders-and-trucks/ diesel-trucks/minetruck-mt2200.

Apex Mining Co. Inc. Maco Gold Mine. Retrieved 30 July 2023, from https://www.apexmines.com/ home/our-business/maco-gold-mine/ Josel Retardo, personal communication, 21 July 2023 Eunice Cuntig, personal communication, 21 July 2023

Naser Silongan, personal communication, 21 July 2023 Johary Unggel, personal communication, 21 July 2023 Raymond Icalina, personal commun cation, 21 July 2023

Epiroc’s on-site maintenance team provides Apex Mining with quality and swift services.

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MINING

Leading the Way to Sustainable Mineral Analysis and Mining Solutions – QES Technology Philippines, Inc. written by: ENGR. PAULA ANGELINE BACANI

Q

ES Technolog y Philippines, Inc. actively participated at this year’s industry events, which exemplif ies their dedication to the advancement of the mining sector. The company took part in the Mining Philippines International Conference and Exhibit, a prestigious gathering organized by the Chamber of Mines of the Philippines, Inc., last September 19-20 at the EDSA Shangri-la Hotel Manila.

QES also actively engaged in the Annual National Mine Safety and Environment Conference, arranged by the Philippine Mine Safety and Environment Association (PMSEA) at CAPCamp John Hay, Baguio City.

This year marks a signif icant milestone for the company in the landscape of mineral analysis and mining solutions. Here are the range of sales and services they of fer, that redef ine modern mining:

SCIAPS HANDHELD XRF: REDEFINING ON-SI TE MINER AL ANALYSIS One of the standout achievements of 2023 is the successful installation of the SciAps Handheld XR F Model X200 in Regions 5 (Bicol Region) and 12 (Koronadal City) by QES Technolog y Philippines, Inc. The training has empowered geologists with the ability to perform real-time mineral analysis, transforming their decision-making process on the f ield. SciAps Handheld XR F and LIBS applications in the mining industry leads to a more informed and ef f icient geological research.

HERZOG SIZE REDUCTION AND K ATANA X FUSION MACHINE: ELEVATING THE S TANDARDS OF SAMPLE

PREPAR ATION QES of fers a range of fusion machines (3-6 placers) for sample preparation, as well as Herzog equipment for size reduction such as crushers, pulverizers, presses, grinding machines, milling machines; fusion machine and drying ovens. The commitment to providing high quality and branded machinery ensures maximum use and optimized ef f iciency.

SPECTRO AME TEK XEPOS AND CUBE BENCHTOP EDXRF: E XEMPL ARY L ABOR ATORY SOLUTION The cornerstone of QES Technology’s laboratory solutions is the renowned Spectro XEPOS 5 benchtop XRF analyzer. This model is trusted by more than 95% of nickel ore mining laboratories in the Philippines for its unmatched sensitivity, accuracy, and precision, especially for light elements.

The Spectro XEPOS 5 employs polarized and direct excitation technology, resulting in lower detection limits for a wide array of elements. With the addition of the Turboquant II software tool, the horizon expands to enable the analysis of unknown samples, both solids and liquids, setting a new standard for analytical excellence.

The new model Spectro ED-XRF, Spectro Cube, is also the best in its class – midrange model. It offers cost-effectiveness without compromising on the quality – accuracy and precision. This year marks the f irst installation for Spectro Cube on Ni Ore mining application, which proved its quality and capacity in the industry.

SPECTROSCIENT IFIC ONSI TE OIL ANALY ZER: ADVANCED EQUIPMENT MAINTENANCE In the realm of heav y equipment

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maintenance especially in the Mining Industry, the portable Spectro Scientif ic On-Site Fluid Analysis system empowers proactive machine condition monitoring based on oil analysis, a critical practice for maintaining the Mining Equipment Fleet.

This will be very ef fective in costcutting and preventing downtime caused by damaged heav y equipment. QES was given an opportunity to share knowledge on machine and lubricant condition monitoring to extend equipment lifetimes and introduce predictive maintenance at power plants and mining industry using modern lubricant analyzers on the APM LEADCon 2023 held last October 7, 2023, at Citadines Bay City, Manila. This is an event for discussion of best practices for managing crucial assets.

QES SERVICE TEAM With a strategic service presence across prime locations including Pampanga, Manila, Cebu, and Surigao, QES service of f ices provide immediate and ef f icient support to their valued clients.

The importance of fast and responsive service is their commitment by maintaining service of f ices in these key areas.

This will ensure that clients receive prompt and reliable assistance whenever and wherever they need it.

To experience their solutions f irsthand, visit their demo room at the head off ice located at Unit 507, Page 1 Building, Acacia Avenue, Madrigal Business Park, Ayala Alabang, Muntinlupa, 1780 Metro Manila, Philippines. For inquiries and consultations, feel free to reach out via email to qtpmarketing@ qesnet.com or explore their website at www.qesnet.com and scan QR code below for their LinkedIn Page.

PHILIPPINE RESOURCES 43

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Canadian Ambassador’s Visit Heralds Forthcoming Commercial Operations of TVIRD’s Siana Gold Mine TVIRD WHOLLY-OWNED SUBSIDIARY, GREENSTONE RESOURCES CORP., LEADS THE DEVELOPMENT OF SIANA

G

reenstone Resources Corporation (GRC), a wholly-owned subsidiary of TVI Resource Development Philippines Inc. (TVIRD), received an official visit from His Excellency David Bruce Hartman, Ambassador of Canada to the Philippines at its Siana Gold MIne (Siana) in Tubod Municipality, Surigao del Norte Province. Upon the invitation of TVIRD Chairman Clifford M. James, Ambassador Hartman was joined by Second Trade Secretary Kayla Slobodnik and Second Political Secretary Peter Wright on the two-day excursion.

The delegation was welcomed on site by GRC General Manager Albert Chan, key company officers and members of the indigenous Mamanwa Tribe who are part of the company’s host community. They were likewise toured within the 3,289-hectare Siana Mineral Production Sharing Agreement (MPSA) area where they saw first-hand the developments on the company’s processing plant, main pit, tailings storage facilities and other major infrastructures.

The company also hosted a cocktail reception and welcome dinner for the Ambassador. Invited guests to the soiree include Brigadier General George L. Banzon, Commander of the 901st Infantry Brigade; Police Brigadier General Rod Mariano; Tubod Vice-Mayor Charlito Ignalig; Alegria Municipal Vice Mayor Dominador Esma; Butuan City Councilor Rey Desiata; Regional Director Larry Heradez, head of the Mines and Geosciences Bureau (MGB) Region 13; and Provincial Environment & Natural Resources Office (PENRO) Head, Agapito Patubo.

“It is through projects and investments like [TVI’s Siana Gold], that the mining industry will lead the way in the pursuit of a green economy,“ said Ambassador Hartman during his keynote message.

“In Canada, we see responsible business conduct as an essential

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element of the mining sector. The Government of Canada expects Canadian companies active abroad to respect human rights, to operate transparently and in consultation with host governments and local communities; and to work in a socially and environmentally responsible manner, while respecting local applicable laws as well as the OECD`s Guidelines for Multinational Enterprise. “ “We were thrilled to see the Philippines as the first country in the Indo-Pacific to have adopted Canada’s Toward Sustainable Mining (TSM) framework, and we appreciate TVIRD’s commitment to sustainable mining and [its] regular engagement with local civil society and indigenous peoples,“ he concluded.

CANADA AND THE PHILIPPINES At the center of the Ambassador’s appointment to the Philippines is his two-fold task to conduct an economic and cultural mission – and ultimately to strengthen relations between both countries.

Canada considers the Philippines a strategic partner as evidenced by its growing bilateral relationship, the recent visits of several federal cabinet Ministers and the recently

held Joint Economic Commission.

Noteworthy is Canada’s recently launched Indo-Pacific strategy, which promotes regional security, trade and investment, skills development, and environmental and resource conservation.

Plans to commemorate 75 years of Canada-Philippines relationship in 2024 are currently being spearheaded by the Canadian Embassy in Manila.

This will highlight Canada’s successful mission to the Philippines over the years, and the mutual progress that both countries have reaped in harnessing common growth areas like mining and technology.

To date, a number of Philippine mining projects have benefitted from Canada’s participation through technical cooperation, knowledge transfer and investments. On its part, TVIRD is the first Canadian-invested Filipino company to be licensed and reached production stage under the Mining Act of 1995.

Canadian interests in the country also extends to exploration drilling, financial services, IT and communications, engineering and design, food and beverage, and various charitable institutions.

Mr. Clifford James, Chairman of GRC mother company, TVIRD, and Ambassador Hartman hold newly-produced gold-silver dore bars at the company’s Gold Room.

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Canada’s TVI Pacific Inc. owns 30.66% of TVIRD together with majority shareholder Prime Asset Ventures Inc. In October 2021, the company acquired 100 percent outstanding equity of Greenstone Resources Corporation (GRC) – the owner and operator of the Siana Gold Mine and Mapawa Project – which was previously owned by Australiabased listed gold company Red 5 Limited.

Prior to signing the agreement, Red 5 confirmed that GRC had spent over US$200 million in the development of Siana, which has the only modern gold plant in the region. Meantime, TVIRD confirmed that the cash portion of the purchase price was funded from internal resources.

The binding agreement is a landmark deal that underscores the restored investor confidence in the Philippine mining and extractives sector, especially for legitimate large-scale mining projects. The Siana Mine currently holds all

the necessary government permits to restart operations, including an Environmental Compliance Certificate and an approved Declaration of Mining Project Feasibility.

The project includes a modern 1.1 million tonne per annum Outotec mill, gravity and Carbon-in-Leach (CIL) mill facility commissioned in 2012 – which includes a single stage SAG mill and six CIL tanks.

In addition to Siana, the acquisition also covers the 1,482-hectare Mapawa MPSA and the 595-hectare Ferrer APSA claim. All assets and properties have obtained government approvals and relationships with key stakeholders.

GRC recently obtained a notice to proceed to construct its seventh tailings storage facility at Siana.

And while it is planning to ramp-up into full commercial operations, it is delivering regular shipments of gold and silver dore bars to the Bangko Sentral ng Pilipinas (BSP).

“The recent visit and encouragement of Ambassador Hartman further increases our confidence in the realization of commercial operations at Siana very soon,” according to TVIRD Chairman Cliff James. “And in addition to the BSP, we likewise plan to tap our direct markets in Asia, Oceania and Europe for the purpose of distributing our production – just like our Balabag Gold-Silver Mine in Zamboanga,” concluded the executive.

With the necessary technology, equipment, and facilities, there also lies the potential to establish Siana as a processing center for other nearby prospects and gold deposits in the region. The mine also houses the Mabakas Techno Demo Farm – the only organic farm school owned by a mining company in the region – and which potentially can facilitate skills development for communities within and outside its host municipality.

Agata Concludes Successful Nickel Project TVIRD’S AGATA NICKEL LATERITE PROJECT MARKS END OF AN ERA AFTER 382 SHIPMENTS AND NINE YEARS OF OPERATION

A

gata Mining Ventures Inc. (AMVI), a joint venture nickel laterite project of TVI Resource Development Philippines Inc. (TVIRD) and MRL Nickel Philippines Inc., recently concluded its 382nd and final shipment of nickel ore onboard MV Haut Brion last August 17.

Beyond business, Agata marks the conclusion of its nickel project with its world-class environment, safety and health and social development programs as well as IEC campaigns that continue to successfully engage its host communities.

“As far as the TVIRD in the Philippines goes, Agata has achieved exactly what it promised – and that is to expand our foothold in the local extractives industry and land our mining group on higher ground,” said Managing Director Michael G. Regino.

“Agata is a landmark project for our group. It allowed us to achieve our business objectives while fulfilling our social commitments

to our host communities. But most of all, it made us true stewards of Tubay, Santiago and Jabonga Municipalities’ natural environment.”

ENVIRONMENTAL EXCELLENCE AND MINE SAFET Y The company has been conferred with multiple national and international awards through the years and has maintained a solid reputation – not only as a steady provider of nickel within the global steel value chain – but also as one of the most responsible mining operators in the country, especially in the meticulous implementation of its progressive rehabilitation program to ensure the sustainability of its environment.

“I am deeply thankful for all the efforts everybody spent through the years for making Agata already a name in the [mining] industry”, General Manager Emilio T. Figueroa III, expressed his gratefulness to everyone

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involved in the Agata project during his speech at the AMVI’s Thanksgiving Celebration. “One of my favorite mottos in Agata is ‘inspiring change’. Agata may be small compared to other mines, but we made a significant change in the industry. We started the best practices that other mining companies are starting to emulate as Agata became their benchmark that sparked a movement in the entire industry —and this is not a small feat, it is a big thing to teach others our best practices, but for other mining companies to follow in our footsteps means that Agata is not only leaving a lesson, but a legacy for the Philippine mining industry.”

After receiving its first Presidential Mineral Industry Environmental Award (PMIEA) recognition as the Safest Exploration Runner-Up in 2014, Agata became one of the youngest mining projects to be awarded the PMIEA Titanium Achievement

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< Page 45 Award during its first full year of operations in 2015 – the same honor it would also receive the following year.

In the succeeding years, Agata went on to corner the 2017 PMIEA Platinum Achievement Award, and two more successive Presidential Mineral Industry Environment Awards, namely: the PMIEA-Platinum Award in Surface Mining, and Best Mining Forest Award (2nd Runner Up) in Metallic Mining — top honors for advocating the industry’s highest safety and environmental standards.

In 2019, Agata won an ASEAN Mineral Award under the Metallic Minerals Distribution Category – its first international recognition conferred in Thailand.

Finally, Agata ended its last full year of operations in 2022 with a third Presidential Mineral Industry Environmental Award (PMIEA), once again feted with the country’s highest distinction for exceptional environmental performance, and safety & health practices.

BUSINESS AND SOCIAL During its operations, Agata was able to accomplish a solid business track record. Despite market

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uncertainty, the company has managed to navigate the minerals market quite well, as evidenced by its consistent shipment history even during the global COVID-19 pandemic. From the start of operations in August 2014 until August 2023, over 165 shipments of Limonite ore and 217 shipments of Saprolite ore were exported to its direct Asian markets – all these, without compromising the integrity of its natural environment.

The company also invested heavily in its communities through the establishment of an agroforestry plantation, poultry and livestock facilities, furniture and handicraft production and fishing equipment.

It also has more than 130 TESDAcertified farmers and established over 150 organic vegetable gardens in local households.

The SDMP is likewise aligned to Agata’s engagement through the Community Royalty Development Plan (CRDP) which transformed the Manobo and Mamanwa tribes’ Royalty Share into sustainable livelihood. The CRDP generated locally certified Cacao Trainers who graduated from the Mabakas Techno Demo Farm – the only TESDA-accredited organic farm school managed by a mining company in the region – and which has over 5,000 graduates to date.

It also supports more than 300 indigenous students in both high school and elementary.

To date, there are more than 35 hectares planted with Cacao within Agata’s MPSA while more than 20 hectares have also been established by the indigenous Manobo-Mamanwa Tribe for Cacao production.

A feeder vessel, overlooking the Agata private port, shipsides with MV Zhe Hai 526, Agata’s 375th and last shipment for business year 2022. This was succeeded by 7 more shipments in the current year – bringing total production to a total of 382 shipments.

RIGHT FROM THE START Agata’s successful conclusion of its mining operations and the commencement of its final rehabilitation program validates that its core philosophy of “starting it right, keeping the end in mind” is the right one.

This same philosophy drove its employees across the ranks to commit themselves to planting close to 600,000 trees as part of the company’s progressive rehabilitation during Agata’s operations.

It is confident that its selfsustaining communities will continue to thrive long after mining is done.

It is likewise certain that Agata’s natural environment will continue to f lourish under its Agricultural and Eco-tourism framework – testament that a project started right will always have a sustainable future.

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YAMAN Philippines to Conduct its 8th Student Congress in Baguio written by: MARC ANDREW P. ALVIOR

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he Philippine Youth Association for Responsible Mining and Natural Resources (YAMAN Ph) chairs to be the highest student-led organization upholding responsible mining in the country. YAMAN Ph maintains its commitment as the cardinal trendsetter in revolutionizing public understanding of the mineral industry and promoting responsible utilization of the country’s natural resources through the youth.

Established by the Philippine Mine Safety and Environment Association (PMSEA) as its student chapter, pioneered by leaders from Adamson University, Mapua University, and University of the Philippines, later joined by students from Saint Louis University-Baguio and Mindanao State University-Iligan Institute of Technology.

Since 2015, YAMAN Ph has been continuously collaborating with various organizations, companies, and other entities to develop proactive youth-oriented programs ensuring the objective of aligned sustainable principles.

Through the years, the organization has arranged donation drives for calamity affected victims, tree planting projects, educating forums and seminars, industry news, youth gatherings, its recent mine site/company visits: Byaheng YAMAN, and its annual flagship event, the YAMAN Philippines’ Student Congress.

For 8 years, in conjunction with the Annual National Mine Safety and Environment Conference (ANMSEC), YAMAN Ph made the YAMAN Philippines’ Student Congress possible, successfully bringing over 3,000 delegates from universities with geology, mining engineering, and metallurgical engineering across the country and partnering with more than 40 different companies.

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zation is set to conduct its 8th YAMAN Ph Student Congress with its theme, “Constellations of Change: Navigating Through a Better Future” in Baguio City. This year aims to promote the youth as catalysts of change in advocating for responsible mining and representing the future of the industry.

The 3-day congress will feature a range of events, including the Cosmic Grove: Tree Planting Project, ANMSEC Exhibit, Youth Leaders Forum: Debate, Ultimate YAMAN Quiz Bee, YAMAN Gala 2023: Mister & Miss YAMAN Philippines 2023 and YAMAN Awards Night, and the Minerals Industry Parade.

With the continued creativity and leadership of YAMAN Ph’s officers, the YAMAN Philippines’ Student Congress resolves as the most anticipated annual event by the youth of the industry.

Mr. Wilbern Blitz Paeste, a Licensed Geologist and the Senior advisor of YAMAN Ph, affirmed that YAMAN Ph @will continue to deliver the promise of PMSEA to the geology, mining, and metallurgical engineering students of the Philippines but we will offer more as we continue to forge new partnerships with mining companies that fuel our operations from producing social media contents, and events.”

Mr. Paeste, also a co-founder of the organization, is confident in YAMAN Ph’s commitment to growth. In the following months, the organization will continue its objectives through its Pagyamanin Series, Biyaheng YAMAN which began this October, and the KampanYAMAN: Advocacy Campaign.

Mr. Paeste concluded his statement on ‘how is the organization doing right now with its events, partners, and officers’ by remarking: “We are soaring to greater heights — ones that we never expected.”

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CONSTRUCTION

Aboitiz Construction: Forging a Legacy Through Innovation and Expertise

F

or nearly half a century, Aboitiz Construction has been at the forefront of engineering excellence and innovation, contributing significantly to the growth of the Philippines. As the construction arm of the esteemed Aboitiz Group, the company has embarked on a transformative journey to support the Group’s aspiration to be the country’s first “techglomerate”.

What is a “techglomerate”? A techglomerate is basically a startup technology company that evolved into a conglomerate, or a legacy conglomerate company that uses technology and startup culture to transform the way it behaves and operates.

Aboitiz Construction has embraced this concept to drive meaningful change, ensuring projects are delivered on time, safely, and with unwavering quality. Their massive transformative purpose is clear: “building for business to prosper and communities to thrive.”

Aboitiz Construction envisions becoming the Philippines’ premier construction and asset management services provider by 2030. Rooted in their time-honored values of responsibility, integrity, innovation, teamwork, and execution excellence, they aim to foster business excellence and long-term partnerships.

The company’s mission is to offer a reliable single source of innovative engineering, procurement, construction, and asset strategy for heavy, light, and infrastructure industries to drive sustainable growth for our clients, team members, and host communities and build a better future for a better Philippines.

Aboitiz Construction has a vast experience in building plants across various sectors, including power, oil & gas, chemical, cement, mining, logistics, and manufacturing.

In infrastructure, it has successfully completed projects involving transmission lines, substations, land developments, and marine works. It also offers maintenance services for the power, cement, mining, and transportation industries, along with equipment rental.

Aboitiz Construction’s services across various industries encompass

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single-source solutions (design-buildmaintain) and technical support for its construction segment; and equipmentbased (routine and preventive), operation-based and reliability-based, and project-based maintenance for its industrial maintenance segment.

Project delivery schemes include Engineering, Procurement, and Construction (EPC), Early Contractor Involvement (ECI), Design and Build, Build Only, Main Contractor, and Subcontractor.

What truly sets Aboitiz Construction apart is its commitment to innovation.

They are among the first in the country to use fully-automated equipment, ensuring unparalleled accuracy and efficiency. It has also recently engaged Fragile to Agile, a global visionary consulting firm, to create a digital transformation plan. This strategic roadmap aims to position the company as the leading construction firm in the country.

Fragile to Agile is a business management consultant company from Adelaide, South Australia, that is an independent enterprise architecture and solution architecture specialist since 2009. They have a unique approach in offering solutions that are designed to help both business executives and technologists in an optimal manner – solution designs that are adopted in companies in Australia and Europe.

In the maintenance arena, Aboitiz Construction provides preventive maintenance, upgrades, and shutdown services, catering to a wide range of clients’ needs.

Aboitiz Construction’s flagship maintenance services include the following:

1. Plant Services: Offering skilled labor, technicians, supervisors, and engineers for annual plant shutdowns.

2. Scaffolding: Providing complete scaffold services with top-quality materials and experienced labor.

3. Specialized Plant Maintenance Services: Covering maintenance for power plants, cement, and mining, including pressure and non-pressure parts maintenance for boilers and waste heat recovery in cement plants, drone inspection, and silo inspection and cleaning for the cement industry.

Currently, the maintenance division of Aboitiz Construction is actively involved in projects for companies such as Taganito HPAL Nickel Corporation in Surigao del Norte, Tsuneishi Heavy Industries (Cebu), Inc., Mactan Cebu International Airport, Apo Agua in Davao (transportation and water infrastructure subsidiaries of its affiliate Aboitiz InfraCapital), and AboitizPower, showcasing its versatility and expertise.

The company’s commitment to excellence is evident through its PCAB AAA License and ISO Certifications, including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.

In each project they undertake, Aboitiz Construction is not merely constructing structures; they are building the future of a better Philippines. With an unwavering dedication to progress and innovation, they continue to shape the nation, one project at a time.

For more information, visit their website at https://www. aboitizconstructioninc.com/ or email contact.aci@aboitiz.com

Aboitiz Construction’s maintenance project for Taganito HPAL Nickel Corporation in Claver, Surigao del Norte involves manpower for routine and non-routine works, and annual shutdown.

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CONSTRUCTION

Power Up Metro Manila Subway Project

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he construction industry is a key contributor to the Philippine economy. The Philippine government’s flagship infrastructure project, which was renamed “Build Better More” by the current administration, was introduced to propel the country to achieve a more developed and connected life among Filipinos.

One of the big projects is the Metro Manila Subway Project, which Mayon Machinery Rentrade Inc. is part of.

Mayon Machinery Rentrade Inc. is a company that provides rental & sales of new or used equipment to construction and industrial sites in the Philippines. For the Metro Manila Subway Project, the company rent out Atlas Copco’s QAC1100 1000KVA TwinPower and QAS130 generators for the construction of the first 7.3 kilometres section of the project from the Depot in Valenzuela to the north Metro Manila, including the depot, three stations and six shield tunnels, which connect the stations.

Generators play a significant role in the Metro Manila Subway Project, as they supply electricity to the entire site, and it is also used for critical standby or backup power in case of electrical shortage. “Atlas Copco QAC1100 generators have two generators in one platform, which gives us flexibility because the generator can run 100% power load or lower power loads. This generator ensures our energy requirements effectively,” says Mr. Charlie Payumo, the Account Manager from Mayon Machinery Rentrade Inc. Tunnel excavation for the project commenced in January 2023.

The tunnelling work involves the construction of six underground tunnels with a total length of 9.5 kilometres with an inner diameter of 6.1 metres. Furthermore, the project will use up to six earth pressure balance tunnel boring machines (TBMs). With using twice the power from Atlas Copco’s QAC1100 1000KVA TwinPower generators, the machine works excellently to prevent the Tunnel Boring machines (TBM) from being stacked up when an electricity shortage occurs.

Other than that, a QAS130 generator is also used for the project.

Atlas Copco's QAS range is built

for multi-drop use and designed to be moved regularly with safe movement capabilities and guaranteed performance, even in the harshest conditions. The generator has a built-in Power Management System (PMS) which enables the optimisation of fuel consumption and expands the generator’s lifetime. The QAS130 generator makes perfect power for Temporary Facilities and small electrical devices in the subway project.

While most work stops at night, workers at construction sites are still very much awake. Nighttime construction is a necessity in the industry, as it gives the workers the ability to work more efficiently when the heat and daytime activity won't slow down the process. “Keeping the team on the ground productive is one of our responsibilities, so providing them with the suitable tools is crucial,” continues Mr. Charlie Payumo. For the Metro Manila Subway Project, Mayon Machinery Rentrade Inc. is also powering up the project site with 3 units of Atlas Copco HiLight V4+ light tower. The LED light tower from Atlas Copco can give 4000 m2 light coverage that is suitable to brighten up the construction site. Atlas Copco HiLight V4+ light towers provide a robust set of lighting options that match any site requirement. Moreover, the HardHat® canopy technology protects vital internal components and ensures that performance and appearance are optimised for years

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of continuous service. Its compact dimensions are also an advantage as it make the light tower easy to transport and can be set up in any location of choice.

Being part of the construction industry, productivity plays an important role. This is one of the reasons that Mayon Machinery Rentrade Inc. is using Atlas Copco's products. "Atlas Copco products have been a big part of our projects and have not let us down. The after-service support is also proactive, Atlas Copco team always respond quickly especially when we need immediate action when there is an emergency in the unit," added Mr. Charlie Payumo.

Atlas Copco just recently celebrated its 150 years of innovations. For a century and a half, Atlas Copco has been driving development and delivering breakthrough innovations to customers in many different industries. The Power Technique business area provides air, power and flow solutions through products such as mobile compressors, pumps, light towers, and generators, along with several complementary products. The business area innovates for sustainable productivity across multiple industries, including construction, manufacturing, oil and gas and exploration drilling.

To know more about Atlas Copco's range of products and services, visit https://www.atlascopco.com/en- ph/ construction-equipment or email Power.SEA@atlascopco.com PHILIPPINE RESOURCES 49

INDUSTRY

Philippines-Australia Ministerial Meeting in Adelaide Brings Bright Future written by: MARCELLE P. VILLEGAS

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ast October 10, 2023, the sixth Philippines–Australia Ministerial Meeting (PAMM) was held in Adelaide, South Australia. The dialogue was headed by Trade and Tourism Minister Senator, the Honorable Don Farrell. The event was chaired by the Australian Ambassador to the Philippines, Her Excellency HK Yu PSM, along with other representatives from the private sector from Australia and the Philippines.

According to Minister Farrell, the Philippines is an extremely important economic partner for which a business mission will be sent to the Philippines in 2024. They will also establish an investment deal team in Manila.

During the dialogue, they also discussed the report by Nicholas Moore’s “Invested: Australia’s Southeast Asia Economic Strategy to 2040”. He is Australia’s Special Envoy for Southeast Asia. Looking back, Mr Moore presented this report during his Manila visit last March 24, 2023 for the media launch of the Partners for Infrastructure (P4I) initiative. The event was hosted by the Australian Ambassador to the Philippines, H.E. HK Yu PSM and was held at Conrad Manila Luxury Hotel.

During this visit, Mr Moore mentioned that building greater connections between businesses and people is essential to deepening our economic relationships.

“Australia is strengthening links with the Philippines and the region by delivering a Southeast Asia Economic Strategy to 2040, which will set out a pathway to help unlock two-way trade and investment opportunities for business for the next two decades.”

During the dialogue in Adelaide, the business delegation presented their topics and discussed how they can support Australia and their investment strategy in the Philippines. The discussion tackled the “Sectors to Watch” from the “Southeast Asia

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Economic Strategy to 2040” which includes Agriculture and Food, Education and Skills, Resources and Green Energy Transition.

The discussion about Agriculture and Food mentioned how the Australian government can be assisted in the increase of Australian dairy product import into the Philippines.

For the topic on Education and Skills, they talked about narrowing the qualification gap and the recommendation of deploying Australian standards into the Philippines for various industries such as aged care, technology and engineering. [1] For Resources, they discussed how Australian mining companies can be encouraged to explore and invest in the Philippines for mining and mineral processing. They also talked about having a partnership

with Philippine universities and colleges for material science and metallurgical engineering.

There was great interest in Green Energy Transition as Fortescue shared their progress on Hydrogen energy, Southern Infrastructure with Thorium energy, and Cyclion who provides a Waste to Energy and Fuel solution using waste material such as plastics. [1] “To place Southeast Asia Economic Strategy into motion, a Philippine action plan has been created and requires the following tactics: Raising awareness, Remove blockages, Build Capacity, and Deepen investment,” [1] from the post of Australia Philippines Business Council.

“Discussions on Raising Awareness included outward investment mission programs to the

[Adelaide, South Australia] October 10, 2023 - The sixth Philippines–Australia Ministerial Meeting (PAMM) (L-R) Mr Raffy Toda (Australia Philippines Business Council President), Hon Don Farrell (Trade and Tourism Minister Senator), Atty Dennis Quintero (Philippines Australia Business Council Chairman) (Photo credit: Samuel Phelps DFAT)

(Taken from “Invested: Australia’s Southeast Asia Economic Strategy to 2040” by Mr Nicholas Moore AO)

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INDUSTRY

Philippines, and how the private sector firms could offer assistance and collaborate to deliver objectives.”

“On Removing Blockages, recognition of qualif ications must be enabled, along with building ongoing engagement, providing technical support to Philippine regulators and industry associations, and facilitating commercial education training to match Australian education providers and Philippine institutions and businesses.

The deployment of Australian standards to the Philippines was recognised during the dialogue.

Further discussions included the funding and guidance to address biosecurity challenges.

Information about the recent signing of MOUs between Australian universities and Philippine educational providers was welcomed which includes Murdoch University’s MOU with Ateneo UST and Batangas Tech.” [1] Moreover, during the dialogue, it was mentioned that Building Capacity in the Philippines comprised of subjects such as the increase cooperation on mining policies – including sharing Australia’s expertise in environmental, social and governance frameworks, work with the Philippine Government to strengthen public-private partnerships, enhance support for relevant high-quality research and analysis to foster stronger links between academic institutions and policymakers, and considerations of aged care vocational training program supported by Australian aged care providers. [1] It was also recommended for Australia to share their experience and funding with the Philippines for mining and oil and gas projects.

For the fourth required action, Deepening of Investment into the Philippines, some recommendations included extending Partnerships for Infrastructure (P4I) funding for early-stage project preparation support, exploration of a new

phase of Australian education and skills assistance to improve standards, and exploration of opportunities for public-private partnerships in digital health.

“These activities could potentially extend to the funding of Feasibility Studies and Project Financing such as EV programs, exploration opportunity for linkages in AI research, and assistance with studies and oncost for Technolog y developers in the Philippines.” [1] It was reported that the Philippines has a Real GDP growth projected to be around 6% annually over the next f ive years, which is among the highest in Southeast Asia. Other than the recent opening of the economy to foreign investments, there are other important factors that will help sustain the GDP growth of the country. These include the following: better use of capital, labour and technolog y to increase productivity, and improvements to ease of doing business.

Based on the latest joint statement between Australia and the Philippines, ‘The Ministers and Secretaries reinforced our countries’ commitment to striving for a region that is open, stable and prosperous.’

Atty Dennis Quintero, Chairman of the PABC said, “The Philippines-Australia Business Council (PABC) congratulates the government and private sector representatives from the two countries for the focused and engaging discussions on the identif ied priority sectors to expand trade and investment between the Philippines and Australia. The PABC is pleased to have provided the Philippine private sector representation in the discussions, working handin-hand with our counterpart the Fortescue. Many thanks to our gracious hosts in Adelaide, South Australia!”

The Australian Government Delegation included: Mr Clancy O’Donnell – Trade Adviser to the Minister for Trade and Tourism, Mr Ravi Kewalram – First Assistant Secretary, Free Trade Agreements and Stakeholder

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Engagement Division DFAT, Mr Jay Meek – General Manager for Trade Austrade, Mr Hugh Robilliard – Assistant Secretary, Southeast Asia Maritime Branch DFAT, Ms Jill Collins – Director DFAT South Australia State Of f ice, Ms Johanna Stratton – Director, Southeast Asia Maritime Branch DFAT and Mr Angus Coverdale – Policy Of f icer, Philippines Section DFAT. Business delegation present at the dialogue included: Dr Thomas G. Aquino, Vice Chairman, Philippines Australia Business Council, Mr Sabas “Jun”, Capili – Director Kaizen ANZ Pty Ltd, Ms Carmen Garcia – Founder and CEO Community Corporate, Mr Philip Major – Founder & CEO Cyclion Energy, Dr Simon McKirdy – Pro Vice Chancellor, Harry Butler Institute ; Professor of Biosecurity, Murdoch University, Atty. Dennis A. Quintero – Chairman Philippines Australia Business Council, Mr Christopher Sampson – Conceptual Systems Designer Future Earth Systems, Ms Violy Searby – Treasurer Philippines Australia Business Council, Mr Jeff Pearman – FFI Regional Portfolio Leader Fortescue Metals Group Limited, Mr John Tantoco – Director Australia Philippines Business Council, Mr Rafael Toda – President Australia Philippines Business Council and Mr Paul Watson – Managing Director, Southern Infrastructure Pty Ltd. --Reference: [1] Australia Philippines Business Council (Oct. 10, 2023). “PA MM Dialogue with Minister for Trade and Tourism Senator the Hon Don Farrell” https://apbc.org.au/2023/10/17/ pamm-dialogue-with-ministerfor-trade-and-tourism-senatorthe-hon-don-farrell/ [2] “Invested: Australia’s Southeast Asia Economic Strateg y to 2040” by Mr Nicholas Moore AO https://www.dfat.gov. au/sites/default/f iles/investedsoutheast-asia-economicstrateg y-2040.pdf ?ref=snapshot. bcsda.org.au PHILIPPINE RESOURCES

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INDUSTRY

Australia’s Economic Strategies to Help Southeast Asia written by: MARCELLE P. VILLEGAS

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ast September 5, 2023, Australian Embassy in the Philippines Deputy Head of Missions, Dr Moya Collett, led a media briefing at the Australian Embassy to announce the launch of Australia’s Southeast Asia Economic Strategy to 2040. These strategies are intended to improve bilateral trade and investments with Southeast Asia. Australian Embassy’s First Secretary (Economic), Mr Simon Reid, was also present at the media briefing.

Dr Collett is a senior career officer with the Department of Foreign Affairs and Trade (DFAT) and was most recently Assistant Secretary of the Southeast Asia Maritime Branch.

She has held a number of senior roles at DFAT and the Department of the Prime Minister and Cabinet (PM&C), including Head of the Southeast Asia Vaccines Access Taskforce and Assistant Secretary of the Middle East Branch.

She has previously served overseas in the Australian Embassy to Thailand. [1] During the media briefing, Dr Collett stated that in a span of 20 years, Southeast Asia’s share in the Australia’s total trade did not expand and needs improvement. She said that Southeast Asia only gets 3.4% of Australia’s total investments worldwide.

In order to increase Australia’s trade and investment in the region, they presented an economic strategy that points out 10 priority sectors. Dr Collet mentioned that these 10 priority sectors are all applicable in the Philippines.

The 10 priority sectors are: Agriculture and food, Resources, Green energy transition, Infrastructure, Education and skills, Visitor economy, Healthcare, Digital economy, Professional and financial services, and Creative industries.

Dr Collett commended that in the Philippines, “we have a huge potential for growth in the two-way trade and investments.”

The 10 priority sectors are mentioned in a report called “Invested: Australia’s Southeast Asia Economic Strategy to 2040”. This was developed by Special Envoy for Southeast Asia, Hon. Nicholas Moore AO. According to the report, “The strategy outlines a practical pathway to significantly

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increase two-way trade and investment between Australia and Southeast Asia. The Australian Government is considering the 75 recommendations made by Mr Moore.” [2] The strategy points out four categories of required action in order to attain commercial potential between Australia and Southeast Asia.

These points are Raising awareness, Removing blockages, Building capacity, and Deepening investment.

Mr Moore wrote on the strategy report, “In November 2022, I was honoured to be asked by the Prime Minister to lead the development of a national strategy for greater trade and investment between Australia and Southeast Asia.”

“Australia’s prosperity and security is intimately linked to the prosperity and security of its neighbours, and their security and prosperity is similarly linked to ours. Australia has much to offer the region through trade and investment, and we can play a key role in helping maximise the prosperity of our neighbours.” [2]

AUSTRALIAN PRIME MINISTER’S MANILA VISIT Three days after the press conference, (Sept. 8, 2023) Australian Prime Minister, Anthony Albanese arrived in Manila by invitation of President Ferdinand “Bongbong” Marcos, Jr. During his visit, Prime Minister Albanese signed a Strategic Partnership with President Marcos, Jr. Prime Minister Albanese is the first Australian Prime Minister to travel to the Philippines on a bilateral visit since 2003.

From the media release of the Office of Australian Prime Minister, it stated, “The Prime Minister’s visit to the Philippines reflects the priority Australia has placed on deepening relations with Southeast Asia, and follows the Prime Minister’s launch of the Southeast Asia Economic Strategy to 2040 in Jakarta this week.”

“The Philippines is one of the fastest growing economies in the region and represents substantial potential for Australia to deepen our trade and investment relationship. The Southeast

[Manila] Sept. 5, 2023 – Deputy Head of Missions, Dr Moya Collett, during a media briefing that was held at the Australian Embassy in the Philippines (Photo by Marcelle Villegas)

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INDUSTRY

Asia Economic Strategy to 2040 will help Australian businesses and investors take advantage of key sectors in the Philippines, including agriculture and food, education and skills, resources, and the clean energy transition.” [3] Moving forward, the Australian Prime Minister invited President Marcos, Jr. to Australia in March 2024 to attend a Special Summit to Commemorate the

50th Anniversary of ASEAN-Australia Dialogue Relations.

--Reference: [1] https://www.dfat.gov.au [2] “Invested: Australia’s Southeast Asia Economic Strategy to 2040” by Mr Nicholas Moore AO https://www. dfat.gov.au/sites/default/files/investedsoutheast-asia-economic-strategy-2040.

pdf?ref=snapshot.bcsda.org.au [3] Prime Minister of Australia – Media Release (Sept. 8, 2023). “A Stronger Partnership Between Australia and the Philippines”. https://www.pm.gov.au/media/strongerpartnership-between-australia-and-phili ppines?fbclid=IwAR2QauBpXq7JWRq xtronQb21W5hLTpy7SeXrRkLNoxuR 4knYTu8dH0ZWK9Y

Solon: P12.8B ‘National Wealth Use’ Share Going to Local Governments NATIONAL TREASURY REAPS WINDFALL FROM ELEVATED GLOBAL MINERAL PRICES

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ocal governments hosting mineral mining and energy development activities in their areas stand to receive P12.8 billion as their combined share of the national treasury’s income from the commercial utilization of the country’s natural resources, Surigao del Sur Rep. Johnny Pimentel said in October.

“The P12.8 billion has been appropriated in the 2024 national budget that the House of Representatives recently approved on the third and final reading,” Pimentel said.

“The amount is 27 percent greater than the P10.1 billion that provincial, city, municipal and barangay governments are getting this year as their ‘national wealth use’ share,” Pimentel said.

“The money will enable local governments to pursue new projects that will create additional employment and livelihood opportunities for their communities,” Pimentel said.

Under the Local Government Code of 1991, local governments are entitled to 40 percent of the national treasury’s gross earnings from mining taxes, royalties from mineral reservations, forestry charges, and fees and revenues from energy resources generated from their areas.

Under the law, the share is allocated as follows: 20 percent to the province; 45 percent to the component city or municipality; and 35 percent to the barangay.

In cases of highly urbanized or independent component cities, 65 percent goes to the city and 35 percent to the barangay.

Under the law, local government must appropriate the funds to bankroll local development and livelihood projects.

As to local governments obtaining their shares from the extraction of hydrothermal, geothermal and other energy assets, at least 80 percent of the money must be spent to lower electricity

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prices in the communities that supplied the resources.

A total of 39 mining companies operating around the country produced nearly $2 billion (P112.7 billion) worth of metallic minerals from January to June this year, up almost 40 percent compared to the output in same semester in 2022, according to the Mines and Geosciences Bureau (MGB).

The MGB attributed the huge increase in production value to the strong prices of nickel, gold and copper.

Nickel accounted for P51.32 billion of the value produced. Gold and copper accounted for P46.44 billion and P12.84 billion, respectively, while the combined output of silver, chromite and iron ore reached P2.07 billion.

Pimentel’s home province of Surigao del Sur is a producer of nickel, along with the provinces of Surigao del Norte, Agusan del Norte, Palawan, and Zambales.

Some 68 percent of the world’s nickel output is used in stainless steel.

PHILIPPINE RESOURCES 53

COMPANY

Advancing the Philippines’ Civil and Marine Infrastructure Sustainably and Safely with Fugro

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s the world’s leading geotechnical and geodata specialist, Fugro is dedicated to supporting civil and marine engineering projects across the globe. The company’s expertise in data acquisition, analysis, and advice have helped its clients mitigate risks throughout the entire infrastructure lifecycle, from design to construction and operation.

Founded in the Netherlands over 60 years ago, and now operating with a global team of almost 10,000 employees, Fugro expanded its operations into the Philippines in 2019. Currently, its office in Manila has a headcount of approximately 60 staff.

By integrating its extensive regional and global network with local Filipino experts, Fugro stands ready to support projects throughout the Philippines and in the region.

Fugro provides an extensive range of geotechnical services from its Manila office, playing a key role in supporting the country’s infrastructure developments for a safer and more sustainable future, transforming geo-data into actionable advice for its clients.

WIDE-RANGING GEOTECHNICAL AND GEODATA EXPERTISE FOR LAND AND MARINE PROJECTS An anchor service that Fugro offers in the Philippines is its geotechnical laboratory in Manila, where it offers a wide range of manual and automated test programmes.

The laboratory is accredited by the Philippines’ Department of Public Works and Highways (DPWH), with the laboratory services provided by Fugro aligned with international standards. By choosing Fugro as partner, companies also gain access to Fugro’s global network of laboratories and geotechnical expertise.

Clients of Fugro can therefore engage its services with confidence, knowing that the company has the skills, capacity, and capabilities

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needed to take on the largest of testing programmes, with speed and precision.

In addition to Fugro’s extensive laboratory capabilities, the company also offers land and nearshore geotechnical site investigations, geological and geophysical surveys, and a full range of foundation testing services.

These solutions and services, and the geo-data that the company obtains from site projects empower its clients to identify ground risks and mitigate them with confidence.

This informed decision-making process is proven to result in shorter and more accurate project programmes, and reductions in project technical and commercial risks.

MAKE FUGRO YOUR PARTNER TODAY! With the Philippines’ economy poised for growth, the government’s programme of civil and marine infrastructure projects will play a key role in the country’s development. Fugro is well-placed and committed to supporting this growth and will continue to enhance its expertise in ensuring the development of safe and sustainable infrastructure.

Contact fpi@fugro.com today to learn how Fugro Philippines can support your project.

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COMPANY

Guide to Composites: The Power of Fiber-Reinforced Plastics

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omposites, also referred to as fiber-reinforced plastics (FRP), represent an innovative category of materials that have revolutionized various industries. Composites consist of two primary components: reinforcing fibers and a matrix or resin. While these components individually have limited utility, when combined, they create a powerful and versatile material with numerous advantages.

WHAT ARE COMPOSITES MADE OF? While the role of the fibers is to add primary strength and load-bearing capabilities to the composite, the matrix or resin is the material that surrounds and binds the reinforcing fibers together. In today’s industrial composites the two most commonly-found reinforcements used to make composites are glass fiber and carbon fiber while the major types of resin include polyester, vinyl ester, polyurethane and epoxy. On their own, these materials only provide limited use, however when the fibers and resins are cured into a composite during the manufacturing process in a heated dye, many useful advantages are gained.

Because of these advantages composites are used in many applications in a wide range of industries such as aerospace, automotive, construction, wind energy, infrastructure, oil and gas, defense, and

telecommunication industry among many more.

ADVANTAGES OF COMPOSITES Composites provide many advantages from customizability to weight savings and longlife attributes compared to other materials like steel and aluminum. Composites are very durable materials resistant to harsh environments. Composites offer longlasting resistance to acidic, salty, or alkaline conditions. This makes them exceptionally suitable for water treatment facilities, downhole oil & gas applications, or even use at the seashore.

Composites also boast a remarkable strength-to-weight ratio. Their stiffness properties surpass those of plastics and other non-metallic counterparts, rendering them ideal for applications demanding structural integrity. Moreover, composites, featuring materials like fiberglass, are insulators, effectively preventing the conduction of heat or cold. This thermal efficiency proves advantageous in applications such as window and door frames, promoting energy conservation.

In addition to their physical attributes, composite design offers a unique advantage: the ability to seamlessly integrate multiple functions into a single profile. This versatility stems from the flexibility in choosing fibers, matting,

and resin systems, enabling composites to address a diverse array of challenges and specifications across various industries.

CONTINUOUS MANUFACTURING TECHNOLOGIES FOR COMPOSITES Composites can be manufactured using various methods, but continuous manufacturing technologies like pultrusion and pull-winding come with additional benefits. In continuous manufacturing, the fibers, matrix materials and resins are continuously fed into a production line to create a composite profile that is cut to the desired lengths or shapes at the end of the process.

The continuous process results in several advantages such as efficiency, consistent quality, and high throughput.

Exel Composites is one of the few global companies specializing in continuous manufacturing technologies for composites. Exel has over 60 years’ experience in solving challenges and helping customers save resources with composites in a wide range of industries around the world. You can find Exel’s products used in applications from wind power and transportation to building and infrastructure.

To find out more about the company’s offerings and the possibilities with composites, please visit exelcomposites. com.

Modernizing Mining Efficiency with Chief’s Open Belt Conveyors

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he mining industry has long been a cornerstone of economic development, supplying essential resources to various sectors. It demands specific material handling solutions for the efficient transfer of bulk materials.

Selecting the right material handling equipment can significantly enhance operational efficiency.

Chief offers heavy-duty open belt conveyors designed to provide a wide range of bulk handling applications. These custom-designed belt conveyors aim to maximize the productivity of your operations and present a modernization solution that can greatly improve mining eff iciency.

Chief’s open belt conveyors excel in the efficient transportation of materials over extended distances. This efficiency is achieved through a combination of CEMA idlers and self-aligning idlers, with components manufactured to precise standards. This results in easy installation and structural strength, contributing to the overall optimization of mining operations.

Our solutions are engineered to manage the heaviest loads while requiring minimal maintenance, thereby enhancing uptime. We provide high-quality products that optimize mining operations, with safety being a paramount consideration in every aspect of equipment design for all types of commodities. Our custom-designed

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equipment supports every facet of handling heavy-duty loads, including rocks, gravel, coal, ore, and various other mining materials, offering a reliable loading conveyor for bulk material transportation.

Chief understands that each mining operation is unique, with specific requirements. Our open belt conveyors offer maximum flexibility, providing a wide array of conveyor options to meet the diverse needs of the industry.

This ensures the continuity and sustainability of mining activities.

As the industry continues to evolve, adopting solutions like Chief’s open belt conveyors will be crucial for mining companies looking to thrive in a more sustainable and efficient future.

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COMPANY

Uniroc – The Choice for Drilling, Blasting, Tunnel Construction, and Underground Mining

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unan Wuxin Tunnel Intelligent Equipment Co., Ltd.（ (Uniroc -overseas brand）) founded in 2010, is a listed company in Beijing Stock Exchange (stock code: 835174), focusing on the research and development, manufacturing and sales of complete sets of equipment for drilling and blasting tunnel construction and underground mining.

The company’s business covers railroad tunnels, highway tunnels, underground mines, water conservancy and hydropower, pumped storage power stations, underground caverns and other fields.

Our main products include drilling jumbo, shotcrete machine, multifunctional arch installation vehicle, digital rock bolting jumbo, digital maintenance trolley, digital pouring lining trolley and all kinds of traffic, water conservancy and hydropower tunnel lining trolley, etc.

Our company serves more than 3,000 projects at home and abroad, with products exported to nearly 20 countries and regions such as Europe, South America, Africa,

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Southeast Asia, South Asia, Central Asia and the Middle East.

PURPOSE-BUILT FOR SMALL SECTION DRILLING In the transition to mechanized and intelligent mining, small and medium-sized mines are usually limited by the size of the “small” section, which cannot be operated with the equipment.

Instead, manual drilling has been commonly used in the past decades, resulting in slow excavation efficiency and high risks of safety.

In view of the pain point of this industry, Uniroc has launched the smallest cross section face drill rig -- WD561 in China. It is built for blast hole drilling and anchor bolt hole drilling in underground mining, pumped storage power stations, hydropower stations, covering cross sections from 4m² to 21m².

As a face drill rig specially designed for small sections, WD561 has a compact size with 1.3 m width and 1.6m height and can be used for the minimum working section of 1.9m×1.9m. To guarantee the efficiency of rock drilling, WD561

is equipped with an 18kW rock drill. The single hole drilling speed is up to 2.5 meters per minute, with a single cycle footage of 3.2m-3.4m.

The manual excavation footage of a single working area is 100-120m/ month only but the use of a face drill rig can reach 220m/month.

The operators could be far away from the working area and their safety is guaranteed. Remote control operation is simple and easy to learn. It takes only two weeks for operators to be trained in our company, and greatly reducing the dependence on their experiences.

CASE STUDY The gold mine from Zijin Mining in Henan Province in China Basic information: A gold mine excavation tunnel with a section of 2.6m × 2.6m, rock firmness coefficient f is 8-10, pore size φ 45mm.

Usage: It drills 33 holes (including 6 empty holes), with a drilling time of about 1.5 hours.

It is possible to complete at least 2 cyclic excavation operations per day, with a single day blasting footage of more than 5 meters.

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COMPANY

Environmental and Social Responsibility Affecting Funding in Mining

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he mining industry has long been a significant contributor to various economies globally, and the need for minerals continues to grow.

However, the industry is facing various challenges that are slowing down its growth, with finance and environmental sustainability topping the list. Mineral mining companies require significant capital investment, and the lingering uncertainty in the markets has hit them hard. Additionally, the environmental impact of mining activities has forced governments to impose strict regulations on mining companies, making their operations costly. These challenges have constrained financing options for mining companies, coupled with tighter lending standards.

To remain competitive, mining companies must adopt strategies that balance financial resilience and environmental sustainability.

These approaches offer competitive advantages, enabling companies to attract funding, reduce operational inefficiencies, and improve their overall performance. By incorporating responsible environmental practices, companies can optimize operational efficiencies while reducing environmental damage.

Moreover, mining companies that prioritize safety measures and put in place sustainable social practices attract more investments. Investors and banks are increasingly prioritizing

the Environmental, Social, and Governance (ESG) factors when evaluating investment opportunities.

Mining companies that demonstrate responsibility for the employees and communities and adhere to safety measures attract ethical and sustainable financial institutions, who are willing to provide long-term funding solutions.

Incorporating sustainable environmental practices and safety measures in mining operations is crucial to maintaining a positive environmental footprint while promoting the health and safety of employees and surrounding communities. Importantly, environmentally responsible mining practices mitigate risks that could lead to substantial financial setbacks.

Mining companies must demonstrate their commitment to sustainability through transparent reporting and adherence to environmental regulations, and through initiatives targeting climate change adaptation, renewable energy sourcing, zero waste and zero emissions.

These companies must also prioritize their social responsibilities, making significant investments in community development programs. In doing so, mineral mining companies improve their social license to operate, thereby creating spaces for bonding and partnering with surrounding communities while retaining their social credibility.

Attracting funding for the mining industry requires a multi-dimensional

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approach that includes leveraging innovation, effectively managing risks, and building strong relationships with stakeholders. Minimizing costs attributed to reclamation and remediation efforts while reducing externalities associated with environmental degradation leads to financial savings, increased economic viability, and hence, more extensive potential for attracting investors.

Sustainability practices offer unparalleled competitive gains.

Responsible metals production of a country is on the agenda of both governments and communities who expect business to create and equally distribute shared value when taking care of its precious and fragile nature.

DMT offers a wide range of ESG services and innovation projects in the areas of raw material extraction, electromobility, smart mining, water management and energy. DMT can help elaborate strategy, management approach and business model for new development projects which can address all stakeholders needs, including local communities, governments, clients and investors.

DMT is now proudly working in Chile and other countries of Latin America within the mining industry, creating sustainable value for its clients.

Together with DMT, mining companies can become compliant with highest international standards.

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COMPANY

Celebrating 25 years of Partnerships in the Philippines

T

h is yea r, GH D celebrates 25 yea rs of operat ions, m i lestones, a nd pa r t nersh ips in t he Ph i l ippines.

“Our a nn iversa r y ma rk s a moment of g reat pr ide a nd a test a ment to t he incred ible ded icat ion of our employees,” sa id Simon Ter r y, Genera l Ma nager - Ph i l ippines. “Dr iven by t he t r ust a nd suppor t of our cl ient s, we rema in stead fast w it h our comm it ment to create last ing benef it t hrough t he work we do w it h our cl ient s a nd in our commun it ies.”

O ver t he last 25 yea rs, GH D prov ided eng ineer ing, a rch itect ura l, a nd env ironment a l ex per t ise to t he energ y, water, resources, t ra nspor t at ion, a nd proper t y a nd bu i ld ing ma rket s. It has g row n from a ha nd fu l of employees to a 1,0 0 0 -st rong work force across it s of f ices in Ma k at i Cit y, Quezon Cit y, a nd Cebu Cit y.

A n appreciat ion d inner for cl ient s a nd business pa r t ners was recent ly held at t he Aya la Museum.

Simon sha res: “T h is a nn iversa r y is not merely a celebrat ion of our past but a lso a launchpad of t he road a head. Wit h a n ex pa nded of fer ing in adv isor y, d ig it a l, a nd project ma nagement ser v ices, it posit ions us to bet ter suppor t our cl ient s’ cha l lenges a nd aspirat ions.”

GH D is a globa l professiona l ser v ices compa ny t hat was est abl ished in 1928 a nd has over 11,0 0 0 d iverse a nd sk i l led ind iv idua ls in 20 0 of f ices across f ive cont inent s.

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GHD chair, Rob Knott, shared GHD’s journey in the Philippines.

GHD executives together with Dr. Moya Collett, Deputy Head of Mission, Australian Embassy to the Philippines.

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COMPANY

Happy Earth Day!

H

inatuan Mining Corporation-Tagana-an Nickel Project (HMCTNP) joined this year’s Earth Day celebration with the theme “Invest In Our Planet”.

HMC-TNP invested for a brighter future through addressing environmental challenges with different programs such as biodiversity protection and conservation as well as waste reduction.

In lieu with this, 120 volunteers from different offices and departments of the company participated in HMC-MEPEO’s slope greening and tree planting activity.

The set of the activity includes planting of nursery grown 600 indigenous grass species and 1000 forest trees in SMY 3 Final Mine Rehab covering 1 hectare as means of securing a healthier mine reforestation program for the people, the animals and the earth itself.

On the other hand, a short Information Education and Communication (IEC) program

was conducted by For. Glenn Ray B. Apos, Mine Rehabilitation Officer, to provide the participants the history, importance and some special facts of the celebration.

Additionally, HMC ensures our premise in leaving the Earth with a healthy state for the next generation. A thing we do as a responsible mining company.

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“One of the first conditions of happiness is that the link between man and nature shall not be broken.” Leo Tolstoy

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COMPANY

TMC Bags Top Taxpayer Awards, Recognition From Claver LGU

T

he local government unit (LGU) of Claver, Surigao del Norte recognized Taganito Mining Corporation (TMC) as one of its highest taxpayers for the year 2022 during the municipality’s Panaghiusa Festival Garbo nan Claver Awards Night on September 11, 2023.

TMC gained the following awards: Rank 1, Top Taxpayer Award for Mining Operations; Rank 2, Top Taxpayers Award 2023 – Mining Operation; Rank 8, Top Taxpayers Award 2023 – Contractors and Other Independent Contractors Category; Plaque of Commendation for Gawad Kalasag Regional Awards; and Sponsor Award for Claver Panaghiusa Festival.

Earlier, Claver also awarded a Plaque of Recognition to TMC for its unwavering support as active partner of the LGU, as it was instrumental in sustaining and advancing Claver’s vision toward making a progressive town.

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“I want to express my heartfelt gratitude to our dedicated taxpayers, daghan kaayong salamat. You are the unsung heroes of our society. Taxes are the lifeline of our economy, and it is through your contributions that we can provide essential services, build infrastructure, and invest in the development of our community,” shared Georgia Gokiangkee, Claver Mayor.

Engr. Robert Francisco, TMC Mine Division Manger, noted how the festival’s theme of unity, diversity and resilience echoes the essence of the relationship between TMC and the LGU. “Sama sama po nating hinaharap ang lahat ng pagsubok simula pa po noong 1986 until itong mga nakalipas na panahon ng pandemya at yung panahon ng bag yong si Odette. Because of our unity, we were able to rise against all these challenges that faced us and come together tonight to celebrate all the triumphs that we have experienced together here in the municipality of Claver.”

“Kami po sa TMC ay patuloy

po na maglilingkod sa inyong lahat bilang isang responsableng mining company dito sa Claver.

TMC is a company that you can truly be proud of because we have consistently won several awards on your behalf. And these awards, we humbly dedicate to the municipality of Claver and its people,” Engr. Francisco added.

TMC is a subsidiary of listed natural resource development f irm Nickel Asia Corporation with operations in Barangay Taganito, Claver, Surigao del Norte since 1987.

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COMPANY

Farmers Coop Gets P22-M Rice Mill Facility From Taganito Mining

T

o boost food security in the town and support local farmers, Taganito Mining Corp. (TMC) handed over a P22-million rice mill complex facility to the Claver Red Mountain Cooperative (CREMACO) last Sept. 6 in Claver town, Surigao del Norte province.

The rice mill complex, to be situated in Barangay Daywan, is equipped with a milling building, a mechanical dyer, a warehouse, and a parking space for hauling operations.

TMC Community Relations Manager Mark Vincent Junel Felias said the facility will benefit CREMACO’s 35 farmer-members from the town’s six non-mining barangays.

The initiative, he said, is proof that partnerships between local people’s organizations and private companies can create positive change for the community.

“The engagement with CREMACO started in 2017

through the strengthening of their organization and as part of the corporate social responsibility of the company. The rice farmers in the town are part of the stakeholders of the company,” he said.

In 2019, TMC provided the group with farm equipment composed of a rice harvester, a tractor, two transplanters, and a single-pass milling machine.

According to Felias, CREMACO has been supplying TMC direct employees and contractors with rice since 2019. Not only does this help the cooperative secure a sure market, but also allowed it to raise its income over the years.

CREMACO, in turn, donated a one-hectare plot of land worth P8 million where the rice mill complex is being housed. The land was paid by the cooperative on installment with payments coming from the income of their rice trading and retailing business.

Joel Oinal, CREMACO chair, acknowledged TMC for

ISSUE 4, 2023 – www.philippine-resources.com

its continued support to the cooperative.

With the rice mill facility, he said the cooperative can further expand its markets and increase production.

“Nagpapasalamat kami na binigyan kami nitong malaking proyekto para umasenso ang aming kooperatiba. Ang Taganito Mining walang tigil talaga ang suporta,” Oinal added.

TMC is a subsidiary of natural resources development firm Nickel Asia Corporation, the country’s largest producer of lateritic nickel ore.

PHILIPPINE RESOURCES

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COMPANY

Driving Your Success: The Philippines’ Choice for OTR Tires

I

n today’s ever-evolving economy, where global shortages in natural rubber resources pose significant challenges to the Off-The-Road (OTR) tire industry, it’s essential to have a reliable partner who can help you find the right tires for your specific needs. Enter HIGANTIS, the industry specialists in OTR Tires, who have been redefining the standards of excellence for over 30 years.

OUR TRUSTED PARTNERS HIGANTIS ensures that customers get precisely the right tires for each job application and site condition and boasts partnerships with some of the most reputable names in the OTR tire industry. Here’s a glimpse of the brands we proudly stand behind: Goodyear Off-The-Road: Goodyear, one of the world’s largest tire manufacturers, has been in the business since 1898. They have been manufacturing tires for a wide range of customers, truck fleets, industrial operations, and airlines.

Goodyear’s commitment to quality and performance has made them a household name in the industry.

Maxam Tires: Our latest partner, Maxam Tires, is a major global specialty tire manufacturer known for its market-leading quality, reliability, and delivered value.

Their strong reputation is built on world-class engineering practices and advanced manufacturing platforms that ensure superior product quality.

Maxam is dedicated to innovation and creating an exceptional customer experience.

WHY TRUST HIGANTIS? At HIGANTIS, we don’t just offer products; we’ve tried and tested them in various site conditions over the years. It’s this extensive real-world experience that enables us to confidently extend the full manufacturer’s warranty on all the tires in our family of reputable brands. When you choose HIGANTIS, you’re choosing trust, reliability, and peace of mind.

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OUR COMMITMENT TO EXCELLENCE Our guiding principle at HIGANTIS is simple yet profound: “To conduct each transaction in the most dignified manner, in the face of God, family, and community, and to do so in all humility.” We live by this principle in every aspect of our business, from tire supply and maintenance to training and education for tire technicians and maintenance managers of fleet operations.

OUR COMPREHENSIVE SERVICES HIGANTIS offers a range of services designed to meet the unique needs of the OTR tire industry, including: Professional Tire Repair: Guaranteed until the tire wears out.

On-Site Tire Shops: Our on-site tire shops provide convenient solutions for maintaining your OTR tires, tailored to your site’s challenges and objectives.

Tire Management: Includes pressure maintenance, rotation scheduling, and inventory projections, to help customers determine the best tire for their operations.

Tire Rentals: Guarantees a steady rate (price per hour delivered) and savings for the project.

Recycling & Renewables: We’re always exploring new ways to give back to our planet and are committed to eco-friendly practices through tire recycling and renewable solutions.

Performance Monitoring: Our tools, techniques, and customized reports help you monitor different aspects of tire performance to optimize your operations.

With over three decades of experience in the Mining, Truck, and Bus Industries, HIGANTIS is the partner you can trust for all your OTR tire needs. Our strategic alliances, along with our unwavering commitment to excellence, ensure that you have access to the right tires for your unique application and site condition. When it comes to OTR tires, HIGANTIS stands as a beacon of trust and reliability in an industry where these qualities are of paramount importance.

ISSUE 4, 2023 – www.philippine-resources.com

ISSUE 4, 2023 – www.philippine-resources.com

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COMPANY

Robit: Serving Global Customers with Drilling Consumables

R

obit is a strongly internationalized growth company, servicing global customers and selling drilling consumables for applications in underground and surface mining, construction, and geo-technical and well drilling.

The company’s of fering is divided into three product and application groups: Top Hammer, Down the Hole, and Geotechnical.

Robit emphasizes that it is a global company specializing in selling drilling consumables via its comprehensive distribution network in the global market.

Robit has its own sales and service points in eight countries as well as an active dealership network, through which it sells to more than 100 countries.

Advertisers’ Index Manufacturing units are located in Finland, South Korea and the United K ingdom, and shares are listed on NASDAQ Helsinki Ltd. Robit is exclusively distributed by Uptime Earthmoving Solutions, Inc. In the Philippines.

--For product inquiries, you may reach us through the following: Landline: +632 8 687 1000 loc 397 Mobile: Globe: 0915 069 2676 Smart: 0949 137 4108 Facebook: www.facebook.com/ UptimeEarthmovingPH Of f ice: Unit D 10th Flr., CyberOne Bldg., 11 Eastwood Ave., Bagumbayan QC --For Robit product and company videos, you may visit https://www. youtube.com/user/RobitLtd

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13

Austhai Geophysical

35

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15

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IBC

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31

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34

Epiroc

2

Excel Composites

57

Fahrenheit

64

Fugro

47

GHD

29

Growth Steel

42

Hexagon Mining

33

Higantis

1

Hinatuan Mining Corp

17

Hunan Wuxin Tunnel Intelligent Equipment

37

Major Drilling Masbate Gold Project Mount Rock

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OBC 39 10-11

Paramina

9

Peregrine

27

Philippine Mining Luncheon

63

Pilipinas Tire Solutions

41

QED

IFC

QES

21

RDCL

19

Sandvik

5

Taganito HPAL Nickel Corporation

3

Taganito Mining Corp

23

Uptime Earthmoving

25

Weir Minerals

7

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