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| 2010 Mining Engineers Convention (Updated June 16) |
Reference page for the 2010 Mining Engineers Convention.
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· Alex Amadeo on May 08 2010 10:18:14 ·
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| Presidentiables on Mining Act of 1995 and other key issue |
This is based on the CBCP Monitor published this Sunday May 02, 2010 at the Philippine Star.
The report highlights the position of the nine (9) presidential candidates on the Philippine Mining Act 1995 and selected key issues that may transform landscape of the Mining Industry and how our country will progress in general.
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· Alex Amadeo on May 02 2010 06:19:44
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| Steelmaking boom has sent nickel and hard coking coal prices soaring--Scotiabank |
Scotiabank economist Patricia Mohr said LME nickel has been a standout in March and mid-April, yielding a lucrative 61% profit margin over average global breakeven costs including depreciation.
Solid gains have also been reported for base metals, gold, silver and molybdenum, which more than offset softer cobalt and uranium prices.
Meanwhile, world steel production reached a new record high in March, which significantly boosted iron ore and hard coking coal prices.
In her monthly analysis of Scotiabank's Commodity Price Index, Mohr said nickel prices have been bolstered by a pick-up in G7 stainless steel orders "as steel service centres restock depleted inventories-in the face of ongoing strikes at Vale's Canadian operations in Sudbury and Voisey's Bay (accounting for more than 10% of world mine supplies)."
Ported from Mineweb article by Dorothy Kosich
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· Alex Amadeo on April 26 2010 11:19:55
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| China copper imports increase by 53% in March |
China's copper imports rose for a second month in March as seasonal demand led to increased orders.
Shipments of refined copper were 337,125 tons last month, the customs said on Wednesday. That's 53 percent more than February and 14 percent more than in the same period of 2009, according to calculations by Bloomberg.
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· Alex Amadeo on April 23 2010 10:23:31
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| Semirara profit jumps to P1.81B |
MANILA, Philippines—Publicly listed Semirara Mining Corp. posted a net income of P1.81 billion in 2009, more than double of the P796.4-million profit in 2008.
In a filing with the Philippine Stock Exchange, Semirara said the improved net income was due to a 35-percent increase in total revenue to P11.5 billion in 2009 from P8.49 billion in 2008.
According to Semirara, its revenue was boosted largely by high coal prices and a healthy sales volume.
Ported from Philippine Daily Inquirer by Amy R. Remo |
· Alex Amadeo on April 05 2010 04:00:11
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| Nippon Steel agrees to massive iron ore price hike |
TOKYO, Japan—Japan's Nippon Steel has agreed in principle to a massive hike in the price of iron ore it buys from Brazilian mining giant Vale, reports said Tuesday.
The new price would be $110 per ton for the April-June quarter, the Asahi Shimbun reported. The business daily Nikkei put the figure at $105 and the Yomiuri daily said the price would be $106.
Ore prices were down last year, off a record $77-79 per ton in 2008.
Ported from Inquirer.net |
· Alex Amadeo on April 04 2010 09:03:56
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| PSEM Approves the formation of PSEM - Bicol Chapter |
The Philippine Society of Mining Engineers (PSEM) recently accepted the formation of the Philippine Society of Mining Engineers-Bicol Chapter. In a letter sent by PSEM President Sonny Sebial to Engr. Buenventura Dayao of PSEM-Bicol, it says that the proposed chapter has already complied with the conditions of Article III Section 5 of the PSEM By-laws that allows its professionals to form chapters.
"It is indeed a welcome development for a traditionally mining region and it is just proper that a chapter represents its complement of mining engineers." Engr. Sebial said.
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· Loi Castillo on March 20 2010 13:29:47
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| PSEM Honors DENR Sec. Horacio C. Ramos, (EM 785 Batch 1967) |
| The Philippine Society of Mining Engineers (PSEM) hosted a Testimonial Dinner on March 19, 2010 in honor of their fellow mining engineer, recently appointed DENR Secretary Horacio C. Ramos. The event was held at the Legend Villas, Mandaluyong City and was also attended by the PSEM chapter presidents from Northern Luzon, (Engr. Caloy Tayag), the Visayas (Engr. Leo Van Juguan) and Mindanao (Engr. Lucio Castillo). Several executives of the different mining companies were also present in the affair. |
· Loi Castillo on March 20 2010 06:39:01
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| PSEM Event Tomorrow at Legend Villas |
PSEM, in cooperation with the Professional Regulation Commission (PRC), will hold an event this Friday, 19 March 2010, at The Legend Villas (Pioneer St., Mandaluyong). The event will highlight the Induction of the New PSEM Board of Directors and Officers, the Oath taking of the New Mining Engineers, the Conferment of the first batch of PSEM Fellows, and to cap the occasion, the Society will host a Testimonial Dinner to honor DENR Sec. Horacio Ramos.
The program will promptly start at 3:00 pm. Click 'Read more' for details. |
· Alex Amadeo on March 18 2010 03:48:49
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| PSEM BOD holds Second Quarterly Meeting in Lepanto Mines |
The Philippine Society of Mining Engineers Board of Directors held their Second Quarterly Meeting lat March 13, 2010 at the Lepanto Mines, Mankayan, Benguet. At the helm in welcoming the delegation is Engr. Mervin Balagot, President of PSEM-Lepanto Chapter which also hosted the meeting. It was presided by Engr. Sonny Sebial, PSEM President and was attended by Engr. Cesar Lao-as, PSEM Vice President (PSEM-Visayas Chapter), Engr. Loi Castillo, PSEM Secretary (PSEM-NCR), Engr. Sammy Paragas, PSEM Immediate Past President (PSEM-NL Chapter), Engr. Mervin Balagot, PSEM BOD (PSEM-Lepanto Chapter), Engr. Zards Gacad (PSEM-NL Chapter), Engr. Julius Nakihid who represented the PSEM-Philex Chapter and Engr. Jojo Saret.
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· Loi Castillo on March 16 2010 07:01:36
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| 7 pass the Mining Engineer Licensure Examination |
The Professional Regulation Commission (PRC) announces that 7 out of 26 passed the Mining Engineer Licensure Examination given by the Board of Mining Engineering in Manila this February 2010.
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· Alex Amadeo on February 25 2010 01:42:03
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