Based on the platform London Metal Exchange (LME), the trend as to the performance of nickel prices declined in the first three months of the year 2023. As shown in the graph, there was a big drop of approximately 23.39% in the prices from US$31,118 per metric ton (MT) on the 3rd day of January 2023 to US$23,838 per MT on the last day of March 2023.  The LME is a world center for the trading of industrial metals. Some of the observed factors considered in the decrease of the nickel prices are as follows: Increasing supply from Indonesia coupled with a slower-than-forecast demand rebound from China that hit the market in the first quarter, which created a slowdown at a time when the industry is still recovering from the year 2022 LME meltdown. (The LME nickel meltdown is attributed to Russia’s invasion of Ukraine in February 2022 which sparked continue reading : Nickel prices weakened in the 1st quarter of CY 2023

The Mines and Geosciences Bureau Regional Office No. XIII building is fast becoming a landmark in Surigao City. Highlighting it is the newly-constructed flagpole featuring the emblems of Caraga mining companies in recognition of their significant socioeconomic contributions to national progress.  The emblems represent the Caraga minerals industry and affirm its rich mining history which dates back to pre-colonial times.  Dubbed as the mining capital of the Philippines, Caraga Region is blessed with vast mineral reserves, tracts of potential mining lands and numerous mining operations.

The Mines and Geosciences Bureau Regional Office No. XIII, in cooperation with the Provincial Government of Dinagat Islands, conducted the Public Hearing for the Disestablishment of the 402.8-hectare Provincial Government Center from the Mineral Reservation on March 27 to 28, 2023 at Barangays Wilson and Cuarinta, Municipality of San Jose and Barangay Doña Helene, Municipality of Basilisa in the Province of Dinagat Islands. Governor Nilo P. Demerey, Jr., Regional Director Larry M. Heradez and representatives of Mayors Yngwie Hero B. Ecleo and Ozzy Reuben M. Ecleo delivered messages during the activity. On the same note, the activity featured presentations on Updates on the Status of the Disestablishment of the 402.8-hectare Area Covered by Presidential Proclamation No. 391 by Engr. Kimlloyd Y. Manzanares, Monitoring Officer of MGB Regional Office No. XIII; Result of the Geologic Assessment of the Area Covered by the Proposed Provincial Government Center by Mr. Noel G. Lumague, continue reading : MGB ROXIII, Provincial Government of Dinagat Islands conduct Public Hearing for the Disestablishment of the Proposed 402.8-hectare Provincial Government Center from the Mineral Reservation

In support of the National Unified Information, Education and Communication Program of the Mines and Geosciences Bureau and the Philippine mining industry, the 2nd Series of the Public Relations and Crisis Management Training was conducted on February 28 to March 4, 2023 at the Princesa Garden Island Resort and Spa in Puerto Princesa City, Palawan. Information Officers, Community Affairs Officers and key personnel of the Social Development Section from the MGB Central and Regional Offices, together with select participants from mining companies, took part in the said training which was organized by the Mineral Economics, Information and Publication Division of MGB Central Office in cooperation with the NUIECP National Steering Commitee.  The program started with the Welcome Remarks of Ms. Angelita Lee, Co-Chair of the NUIECP National Steering Commitee.  It was then followed by the Inspirational Message of the Chamber of Mines of the Philippines Executive Director and NUIECP National continue reading : MGB, Philippine mining industry carry on with 2nd Series of Public Relations and Crisis Management Training

The Mines and Geosciences Bureau Regional Office No. XIII, in cooperation with the Provincial Government of Dinagat Islands, conducted the Public Hearing for the Disestablishment of the 402.8-hectare Provincial Government Center from the Mineral Reservation on March 27 to 28, 2023 at Barangays Wilson and Cuarinta, Municipality of San Jose and Barangay Doña Helene, Municipality of Basilisa in the Province of Dinagat Islands. Governor Nilo P. Demerey, Jr., Regional Director Larry M. Heradez and representatives of Mayors Yngwie Hero B. Ecleo and Ozzy Reuben M. Ecleo delivered messages during the activity. On the same note, the activity featured presentations on Updates on the Status of the Disestablishment of the 402.8-hectare Area Covered by Presidential Proclamation No. 391 by Engr. Kimlloyd Y. Manzanares, Monitoring Officer of MGB Regional Office No. XIII; Result of the Geologic Assessment of the Area Covered by the Proposed Provincial Government Center by Mr. Noel G. Lumague, continue reading : MGB ROXIII, Provincial Government of Dinagat Islands conduct Public Hearing for the Disestablishment of the Proposed 402.8-hectare Provincial Government Center from the Mineral Reservation

In support of the National Unified Information, Education and Communication Program of the Mines and Geosciences Bureau and the Philippine mining industry, the 2nd Series of the Public Relations and Crisis Management Training was conducted on February 28 to March 4, 2023 at the Princesa Garden Island Resort and Spa in Puerto Princesa City, Palawan. Information Officers, Community Affairs Officers and key personnel of the Social Development Section from the MGB Central and Regional Offices, together with select participants from mining companies, took part in the said training which was organized by the Mineral Economics, Information and Publication Division of MGB Central Office in cooperation with the NUIECP National Steering Commitee.  The program started with the Welcome Remarks of Ms. Angelita Lee, Co-Chair of the NUIECP National Steering Commitee.  It was then followed by the Inspirational Message of the Chamber of Mines of the Philippines Executive Director and NUIECP National continue reading : MGB, Philippine mining industry carry on with 2nd Series of Public Relations and Crisis Management Training

Based on the platform London Metal Exchange (LME), the trend as to the performance of nickel prices declined in the first three months of the year 2023. As shown in the graph, there was a big drop of approximately 23.39% in the prices from US$31,118 per metric ton (MT) on the 3rd day of January 2023 to US$23,838 per MT on the last day of March 2023.  The LME is a world center for the trading of industrial metals. Some of the observed factors considered in the decrease of the nickel prices are as follows: Increasing supply from Indonesia coupled with a slower-than-forecast demand rebound from China that hit the market in the first quarter, which created a slowdown at a time when the industry is still recovering from the year 2022 LME meltdown. (The LME nickel meltdown is attributed to Russia’s invasion of Ukraine in February 2022 which sparked continue reading : Nickel prices weakened in the 1st quarter of CY 2023

The Mines and Geosciences Bureau Regional Office No. XIII building is fast becoming a landmark in Surigao City. Highlighting it is the newly-constructed flagpole featuring the emblems of Caraga mining companies in recognition of their significant socioeconomic contributions to national progress.  The emblems represent the Caraga minerals industry and affirm its rich mining history which dates back to pre-colonial times.  Dubbed as the mining capital of the Philippines, Caraga Region is blessed with vast mineral reserves, tracts of potential mining lands and numerous mining operations.