http://www.engineeringnews.co.za
R/€ = 16.32 Change: 0.17
R/$ = 13.88 Change: 0.17
Au 1287.29 $/oz Change: 4.89
Pt 940.00 $/oz Change: 4.50
 

Topic

Duterte spokesman says ban on openpit mining remains

By: Reuters     20th November 2017 Philippine President Rodrigo Duterte has not lifted a ban on open pit mining, his spokesman said on Monday, amid plans by a government panel to seek the removal of the policy. "I assure you that this is one of the instances when I personally asked the President if there's been a change in... 

Philippine panel recommends lifting ban on openpit mining

By: Reuters     24th October 2017 A Philippine government panel on Tuesday recommended lifting the ban on openpit mining and the environment minister said he will support removing the restriction imposed this year by a previous minister and supported by President Rodrigo Duterte. Openpit mining is allowed under the Southeast... 

Dalian iron-ore up on demand concerns, but edges off 3-week high

By: Reuters     23rd October 2017 Chinese iron-ore futures hit three-week highs on Monday, supported by firmer steel prices as producers curb output in line with China's campaign for bluer skies. But they pulled back from the highs on worries demand for the raw material would weaken in coming months as the steel output cuts deepen. 

Philippine lawmakers seek to ban mining in watershed areas, export of raw ore

By: Reuters     25th August 2017 Philippine lawmakers have filed a bill seeking to ban mining in watershed areas and exports of unprocessed ores and will require miners to get legislative approval before operating, in line with President Rodrigo Duterte's pledge to overhaul the sector. The Philippines is the world's top nickel... 

Philippines' Duterte warns miners: 'I will tax you to death'

By: Reuters     24th July 2017 Philippine President Rodrigo Duterte on Monday said he wanted to stop exporting mineral resources and might close the mining sector completely and tax miners "to death" if damage to the environment persisted. "The protection of the environment must be made a priority ahead of mining and all... 

Siana ore processing to cease soon – Red 5

By: Esmarie Swanepoel     21st June 2017 ASX-listed Red 5 is expected to cease ore processing at its Siana gold mine, in the Philippines, by the end of June or early July. Mining operations were suspended in April on the back of uncertainty around regulatory and government mining policy, as well as an assessment of the likely resulting... 

Philippines' new Environment Minister says can allow responsible mining

By: Reuters     9th May 2017 The Philippines' new Environment Secretary Roy Cimatu said on Tuesday he can allow mining in the country as long as it is done responsibly, taking a more moderate stance than his dismissed predecessor who ordered over half the country's mines shut. "For me, I think we can allow mining (as long... 

Philippine Minister wants to work with Maoist rebels in mine areas

By: Reuters     20th April 2017 The Philippine Environment Minister said she has been given the green light by President Rodrigo Duterte to work with communist rebel fighters to help rehabilitate and develop the country's mining areas. The decades-long conflict between the New People's Army (NPA) rebels and the Philippine... 

Porsche to open technician training centre in Cape Town

By: Irma Venter     20th January 2017 German sports car manufacturer Porsche will, from the middle of this year, train 75 young South Africans from disadvantaged backgrounds as service technicians at its new Porsche Training and Recruitment Centre, in Cape Town. The course has a duration of three years. Those who complete the course... 

Philippines cancels environmental permits of three mines – Minister

By: Reuters     15th December 2016 The Philippines has cancelled the environmental permits of three nickel mines and warned that three more producers were at risk of losing theirs, as the government intensifies a crackdown to curb damage to natural resources caused by the mining sector. The world's top nickel ore supplier is... 

Porsche to open technician training centre in Cape Town

By: Irma Venter     30th November 2016 German sports car manufacturer Porsche will, from the middle of next year, train 75 young South Africans from disadvantaged backgrounds as service technicians at its new Porsche Training and Recruitment Centre, in Cape Town. The course has a duration of three years. Those who complete the course... 

ICTSI Subic opens first CFS in Central Luzon

     14th November 2016 Subic Bay International Terminal Corporation recently opened its Dock Container Freight Station at the New Container Terminal 2 (NCT 2) of the Subic Bay Freeport in Zambales. Inaugurated last 7 November, the CFS is the first and only facility of its kind to serve the Central Luzon Market.... 

Suspended Philippine nickel miner mounts first legal challenge to govt crackdown

By: Reuters     26th October 2016 A suspended Philippine nickel miner said on Wednesday it has sued government environment agencies for a nearly four-month stoppage of its operations, in the first legal challenge to the state's environmental crackdown on the mining sector. The Philippines is the world's top nickel ore supplier... 

China visit helps Duterte reap funding deals worth $24b 

By: Bloomberg     22nd October 2016 Philippine President Rodrigo Duterte will bring home $24-billion worth of funding and investment pledges from his four-day visit to China as both nations agreed to resume talks and explore areas of cooperation in the South China Sea. China will provide $9-billion in soft loans, including a... 

‘Better-than-Canada’ is Philippine reform cry as mines shut

By: Bloomberg     21st September 2016 The Philippines deepened a crackdown on its mining industry on Wednesday as world’s top nickel shipper announced it will suspend more than 10 mines in addition to 10 halts that have already been made, saying it wants to surpass Canadian and Australian standards. The government is finalising... 

Philippine nickel ore exports may drop 30%, top miner says

By: Bloomberg     5th September 2016 Shipments of nickel ore from the Philippines may shrink by as much as 30% this year as the world’s top supplier cracks down on errant miners and after some companies cut output in the first half due to weak prices and poor weather, according to the head of one of the biggest producers. Volumes... 

D-day looms for nickel market as top shipper checks on mines

By: Bloomberg     2nd September 2016 The global nickel market will discover the severity of the Philippines’ mining audit next Thursday as President Rodrigo Duterte’s government presents the findings of the checkup and announces support for communities affected by any further suspensions. Benchmark prices surged. The audit in the... 

Tussling over islands

By: Riaan de Lange     19th August 2016 One of my first memories when I first came to Pretoria many years ago is that of Fook Island. I recall that my cousin’s boyfriend stayed in a commune just off Atterbury road and, just up the road from the commune, at the corner of Mackenzie street and 20th street, was a house with extracts of the... 

‘Walk the walk’ is miners’ mantra as Philippines cracks down

By: Bloomberg     17th August 2016 Toe the line. That’s the call from the mining association in the world’s biggest nickel ore supplier where members are facing a crackdown led by Philippine President Rodrigo Duterte, who’s said the Southeast Asian nation can live without the industry’s contribution entirely if need be. Members... 

Kenya exhibition places focus on renewable energy

By: Megan van Wyngaardt     2nd August 2016 With investment in the offgrid solar sector reaching $276-million last year – a 15-fold increase over 2012 – the third International Off-grid Renewable Energy Conference and Exhibition (Iorec), which will be held in Nairobi, Kenya, from September 30 to October 1, will aim to further improve... 

Philippines' Duterte says nation can survive without mining companies

By: Reuters     1st August 2016 Philippine President Rodrigo Duterte on Monday warned mining companies to strictly follow tighter environmental rules or shut down, saying the Southeast Asian nation could survive without a mining industry. "We will survive as a nation without you," Duterte told a media briefing, referring to... 

ICTSI wins excellence award in supply management

     28th June 2016 International Container Terminal Services, Inc. recently won the 2016 Gawad Sinop Corporate Award for Excellence in Supply Management Practices by the Philippine Institute for Supply Management and the Foundation of the Society of Fellows in Supply Management.  The award is conferred to... 

Chryso Group Acquires 20th Subsidiary As S.A. Operations Celebrate 20th Anniversary

     14th June 2016 The Chryso Group has acquired its 20th subsidiary with the take-over of the business of a major player in the Philippines construction industry. Southern Africa, which includes a.b.e. Construction Chemicals, is this year celebrating 20 years of operations in South Africa. Norman Seymore,... 

Non-cash, one-time charges pull down ICTSI net income by 68% to US$58.5M; Recurring net income up 1% to US$174.7M

     8th March 2016 Throughput grew 5% to 7.8 million TEUs Revenues down 1% to US$1.051 billion EBITDA improved 2% to US$450.0 million International Container Terminal Services, Inc. reported audited consolidated financial results for the year ended December 31, 2015 posting revenue from port operations of US$1.051... 

Goldman says iron-ore rally to be short-lived on weak China steel demand

By: Reuters     7th March 2016 The rally in iron-ore prices will not last in the absence of a significant improvement in steel demand from top consumer China, Goldman Sachs said, as the investment bank stuck to its bearish take on one of this year's biggest commodity comebacks. Iron-ore has risen more than 22% this year,... 

Manila Metro Light Rail Transit Line 1 extension project, Philippines

By: Sheila Barradas     4th March 2016 The project involves the upgrade and extension of the Light Rail Transit Line 1 of the Manila metro. 

ICTSI Manila rolls out container booking system

     3rd September 2015 The Manila International Container Terminal in the Port of Manila has started implementing a vehicle appointment system called Terminal Appointment Booking System for selected user groups.  Largely seen as a proactive alternative to counterproductive truck bans, TABS is an electronic platform for... 

ICTSI 1H 2015 net income down 1% to US$100.4 million

     11th August 2015 Recurring net income up 20% • Throughput grew 9% to 3.9 million TEUs • Revenues increased 8% to US$552.1 million • EBITDA improved 12% to US$237.4 million International Container Terminal Services, Inc. today reported unaudited consolidated financial results for the first half of 2015, posting... 

Remember the Brics bank?

By: Keith Campbell     31st July 2015 Last week – on July 21, to be precise – the New Development Bank (NDB) formally came into existence in Shanghai, China. Created by the countries of the Brics (Brazil, Russia, India, China and South Africa) alignment – alliance or bloc would be too strong a word to describe the association – it... 

ICTSI Laguna dry port expands facilities

     19th May 2015 International Container Terminal Services, Inc.’s dry port unit, Laguna Gateway Inland Container Terminal, recently broke ground to start the expansion of new facilities which include extended and dedicated storage areas for loaded and empty containers, a runway for rubber tired gantries,... 

ICTSI 1Q 2015 Net Income Up 3% to US$54 million; Recurring Net Income Surged 38%

     11th May 2015 • Throughput grew 13% to 2.0 million TEUs • Revenues increased 19% to US$296.1 million • EBITDA improved 23% to US$127.5 million International Container Terminal Services, Inc.today reported unaudited consolidated financial results for the quarter ended March 31, 2015 posting revenue from port... 

ICTSI reports strong results driven by international expansion

     5th March 2015 • Throughput grew 18% to 7.4 million TEUs; revenues increased 24% to US$1.1 billion; EBITDA improved 17% to US$443.0 million • Net Income up 6% to US$182 million International Container Terminal Services,reported audited consolidated financial results for the year ended December 31, 2014, posting... 

ICTSI adds muscle to Manila, Subic operations with new generation reach stackers

     20th February 2015 In response to growing container volumes coming in and out of the island of Luzon, International Container Terminal Services, Inc. recently deployed new generation reach stackers in its Manila and Subic operations. The four new units of the mobile container handling equipment are stationed at... 

Batangas keeps delivering for Red Mountain

By: Esmarie Swanepoel     20th November 2014 Gold developer Red Mountain Mining on Thursday revealed that its Batangas project, in Manila, could deliver some A$52-million in operating cash flow during the first 5.2 years of operation. Red Mountain was in the midst of compiling a definitive feasibility study (DFS), which in September... 

Miss Earth South Africa set to take on International Event

     5th November 2014 With just days to go before our Miss Earth South Africa 2014, Ilzé Saunders, jets off to South East Asia to represent South Africa at the international Miss Earth, this 23 year old is ready to share her passion, views and environmental activism with the world. At a press conference hosted at the... 

ICTSI Manila builds capacity

     30th September 2014 Despite a rise of over 40% in cargo movements since the lifting of the Manila truck ban, anticipation of a surge in trade with the sustained robust growth of the Philippine economy, and following approval from the government to develop more yard and road infrastructure, International Container... 

Chapman Freeborn Positions Two Utility Freighters In The Philippines To Fly Aid To Smaller Airports

     26th November 2013 Global aircraft charter specialist Chapman Freeborn Airchartering has positioned two freighters in the Philippines to help agencies deliver aid to the heart of the typhoon disaster zone more effectively. The two aircraft, an Ilyushin IL-76 and an Antonov AN-12, are available for charter from... 

PH government revitalizes Tacloban port

     18th November 2013 Taps ICTSI resources, manpower to improve port operation. The Philippine government, through the Department of Transportation and Telecommunication (DOTC) and the Philippine Ports Authority, is revitalizing Tacloban's port facilities and operation, a move seen not only to accelerate but also to... 

First
Prev
1
2 Next Last

Latest News

more

Latest Videos

more

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Register Close