Nickel Asia Corporation (NAC) on Wednesday said that its subsidiary Samar Nickel Mining Resources has signed an operating agreement with San Juanico Resources Corp. The deal gives Samar Nickel the right to manage mineral claims covering roughly 3,432 hectares in Candelaria and Sta. Cruz, Zambales, under MPSA No. 265-2008-III. It remains subject to approval by the Mines and Geosciences Bureau.
The Philippine Competition Commission (PCC) and the Independent Electricity Market Operator of the Philippines Inc. (IEMOP) have signed an agreement to strengthen oversight of the country's electricity sector through the regular sharing of market data and intelligence.
Efforts to restore power and assess the impact on farming continue following the magnitude 7.8 earthquake that struck Sarangani and nearby areas on Monday, according to the Department of Energy (DOE) and Department of Agriculture (DA).
Following the magnitude 7.8 earthquake that struck Southern Mindanao and nearby areas Monday, the Department of Energy (DOE) confirmed it is leading coordinated efforts to restore power supply safely and quickly.