The value of the country’s mineral output this year is expected to surpass last year’s P249 billion, driven by the rising demand for gold amid persisting geopolitical tensions, according to an industry group.
Chamber of Mines of the Philippines chairman Michael Toledo said mining companies are expanding due to higher global demand for key metals, particularly gold and copper.
“A lot of people are going to gold because it is a safe haven. (With) the problems happening in Ukraine, in Palestine and of course even in the Red Sea, (people will go to gold),” Toledo told reporters recently.
“And then, copper, at the end of the day, would really be a crucial component for renewables,” Toledo said.
Denne historien er fra May 12, 2024-utgaven av The Philippine Star.
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Denne historien er fra May 12, 2024-utgaven av The Philippine Star.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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BDO Capital Sees Opportunities in Growing PH Energy Investments
During the 19th Philippine Summit hosted by The Asset, BDO Capital & Investment Corporation President Eduardo F. Francisco emphasized the immense potential of the Philippine economy to grow through strategic investments in infrastructure, particularly in the energy sector.
MART: A STEADY HAND GUIDING THE PHILIPPINE BOND MARKET
For over five decades, the Money Market Association of the Philippines (MART) has been a cornerstone of the country's financial landscape, playing a pivotal role in shaping and fostering the growth of the domestic bond market.
LOVI POE WANTS WOMEN TO FEEL EMPOWERED WITH MAKEUP LINE
FOR LOVI POE, COMING TO TERMS WITH HER looks didn't happen overnight. She recalled being criticized for being \"too dark\" and, consequently, having to wear heavy makeup just to lighten her skin color for on-screen roles.
'KMJS' turns 20 with BINI and KathDen
\"Kapuso Mo, Jessica Soho\" has just turned 20 and aired its anniversary episode yesterday, highlighting the show's two decades of impactful stories that entertain, inspire and influence change.
WHAT WE CAN ALL LEARN FROM POWER COUPLE RICCO AND TINA OCAMPO
I have known Ricco Ocampo and his wife Tina Maristela Ocampo for over 30 years. Thanks to their entrepreneurial know-how, stores like Sari-Sari Store, Mix, The Black Shop, Anonymous, Dalagita and Pambahay came to life and dominated the retail scene in the '90s until the early 2000's.
'Saturday Night Live' to Trump: 'We've been with you all along'
The first \"Saturday Night Live\" since Donald Trump's election victory began with the most somber of tones as a group of plainly dressed cast members, primarily women and minorities, described their new reality.
Timeless cinematic moments brought to life by Filipino luminaries
With \"Music, Movies, Magic,\" the Cultural Center of the Philippines (CCP) and the Philippine Philharmonic Orchestra Society, Inc. (PPOSI) recaptures that magic.
A GRAND SPIKE OF CREATIVITY
An undeniable spike of creativity continues to grab attention towards the yearend.
PIO ABAD'S ART LISTED FOR TURNER PRIZE
LONDON — It's not often that we encounter works of art by kababayans in our visits to museums abroad so when we came upon Pio Abad's work at Tate Britain, we were thrilled; even more so when we realized that he was one of four finalists for the prestigious Turner Prize, commended by jurors for his \"precision and elegance with which he combines research and new artistic work to ask questions of museums and bring history to the present with sensitivity and clarity.\"
BSP, CDA prepare joint circular on e-money issuers, payment operators
The Bangko Sentral ng Pilipinas (BSP) and the Cooperative Development Authority (CDA) are finalizing the guidelines for cooperatives that are currently involved or interested in operating as electronic money issuers.
